Lido Advisors LLC Decreases Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Lido Advisors LLC trimmed its stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 90.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,240 shares of the real estate investment trust's stock after selling 200,891 shares during the period. Lido Advisors LLC's holdings in AGNC Investment were worth $198,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of AGNC Investment by 14.1% during the fourth quarter. Vanguard Group Inc. now owns 83,316,872 shares of the real estate investment trust's stock valued at $767,348,000 after acquiring an additional 10,316,999 shares in the last quarter. Geode Capital Management LLC raised its holdings in AGNC Investment by 18.8% in the fourth quarter. Geode Capital Management LLC now owns 14,614,721 shares of the real estate investment trust's stock worth $134,645,000 after buying an additional 2,311,105 shares during the last quarter. Norges Bank bought a new position in shares of AGNC Investment in the fourth quarter worth approximately $87,269,000. Allspring Global Investments Holdings LLC increased its position in shares of AGNC Investment by 5.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 8,662,954 shares of the real estate investment trust's stock valued at $80,392,000 after acquiring an additional 424,990 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in AGNC Investment by 8.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 7,349,657 shares of the real estate investment trust's stock worth $67,690,000 after acquiring an additional 581,352 shares during the last quarter. Institutional investors own 38.28% of the company's stock.

AGNC Investment Stock Performance

Shares of AGNC stock traded up $0.17 during mid-day trading on Thursday, reaching $8.89. 25,153,122 shares of the company's stock traded hands, compared to its average volume of 19,735,071. The firm has a market capitalization of $8.13 billion, a PE ratio of 9.16 and a beta of 1.30. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. The firm has a 50 day moving average price of $9.30 and a two-hundred day moving average price of $9.58. AGNC Investment Corp. has a 12 month low of $7.85 and a 12 month high of $10.85.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.03. The company had revenue of $846.00 million during the quarter, compared to the consensus estimate of $436.71 million. AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. During the same period in the previous year, the company posted $0.58 EPS. On average, research analysts forecast that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Dividend Announcement

The business also recently announced a may 25 dividend, which will be paid on Tuesday, June 10th. Investors of record on Friday, May 30th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, May 30th. This represents a dividend yield of 16.2%. AGNC Investment's dividend payout ratio is 360.00%.

Insider Buying and Selling

In other AGNC Investment news, Director Donna Blank sold 17,218 shares of the business's stock in a transaction on 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 $783,291.15. The trade was a 16.01 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Bernice Bell sold 8,000 shares of the business's stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $8.88, for a total value of $71,040.00. Following the transaction, the executive vice president now owns 374,019 shares of the company's stock, valued at $3,321,288.72. This trade represents a 2.09 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 139,384 shares of company stock worth $1,228,039. Corporate insiders own 0.42% of the company's stock.

Analysts Set New Price Targets

A number of analysts have commented on the company. Wells Fargo & Company reduced their target price on AGNC Investment from $11.00 to $10.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. StockNews.com lowered AGNC Investment from a "hold" rating to a "sell" rating in a research report on Tuesday. Jones Trading reduced their price target on shares of AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Royal Bank of Canada lowered their price objective on shares of AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 29th. Finally, Keefe, Bruyette & Woods cut their target price on shares of AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a research report on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $9.96.

About AGNC Investment

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).