FWL Investment Management LLC Sells 326,127 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

FWL Investment Management LLC decreased its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 38.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 523,521 shares of the real estate investment trust's stock after selling 326,127 shares during the quarter. AGNC Investment comprises about 1.8% of FWL Investment Management LLC's portfolio, making the stock its 22nd largest holding. FWL Investment Management LLC owned approximately 0.06% of AGNC Investment worth $4,822,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in shares of AGNC Investment by 14.1% during the 4th quarter. Vanguard Group Inc. now owns 83,316,872 shares of the real estate investment trust's stock valued at $767,348,000 after purchasing an additional 10,316,999 shares during the last quarter. Norges Bank bought a new position in AGNC Investment during the fourth quarter valued at approximately $87,269,000. PL Capital Advisors LLC grew its holdings in AGNC Investment by 821.0% during the 4th quarter. PL Capital Advisors LLC now owns 5,464,956 shares of the real estate investment trust's stock valued at $50,332,000 after buying an additional 4,871,584 shares in the last quarter. Raymond James Financial Inc. bought a new stake in AGNC Investment in the 4th quarter worth approximately $39,840,000. Finally, Geode Capital Management LLC raised its holdings in shares of AGNC Investment by 18.8% during the 4th quarter. Geode Capital Management LLC now owns 14,614,721 shares of the real estate investment trust's stock worth $134,645,000 after acquiring an additional 2,311,105 shares in the last quarter. 38.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on AGNC shares. Keefe, Bruyette & Woods reduced their price target on shares of AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a research report on Wednesday, January 29th. Wells Fargo & Company decreased their target price on shares of AGNC Investment from $11.00 to $10.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. Jones Trading dropped their price target on AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Argus reissued a "hold" rating on shares of AGNC Investment in a research note on Tuesday, April 29th. Finally, Royal Bank of Canada lowered their price objective on AGNC Investment from $11.00 to $10.00 and set an "outperform" rating for the company in a research note on Tuesday, April 29th. One analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $9.96.

Insiders Place Their Bets

In other AGNC Investment news, EVP Kenneth L. Pollack sold 17,500 shares of the stock in a transaction dated Tuesday, April 29th. The stock was sold at an average price of $9.03, for a total value of $158,025.00. Following the completion of the sale, the executive vice president now directly owns 447,841 shares in the company, valued at approximately $4,044,004.23. This trade represents a 3.76 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Donna Blank sold 17,218 shares of the company's stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $8.67, for a total transaction of $149,280.06. Following the transaction, the director now owns 90,345 shares in the company, valued at approximately $783,291.15. This trade represents a 16.01 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 139,384 shares of company stock worth $1,228,039 over the last 90 days. Company insiders own 0.42% of the company's stock.

AGNC Investment Price Performance

AGNC opened at $8.72 on Thursday. The business has a fifty day moving average of $9.30 and a 200 day moving average of $9.58. The stock has a market cap of $7.98 billion, a P/E ratio of 8.98 and a beta of 1.30. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. AGNC Investment Corp. has a 52-week low of $7.85 and a 52-week high of $10.85.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its quarterly earnings results on Monday, April 21st. The real estate investment trust reported $0.44 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.03. AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. The firm had revenue of $846.00 million for the quarter, compared to analysts' expectations of $436.71 million. During the same period in the prior year, the business posted $0.58 earnings per share. As a group, sell-side analysts anticipate that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

The firm also recently disclosed a may 25 dividend, which will be paid on Tuesday, June 10th. Investors of record on Friday, May 30th will be issued a dividend of $0.12 per share. AGNC Investment's payout ratio is 360.00%.

AGNC Investment Profile

AGNC Investment Corp., formerly American Capital Agency Corp., is a real estate investment trust. The Company invests in agency residential mortgage-backed securities on a leveraged basis. Its investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) for which the principal and interest payments are guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively, GSEs).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.