Capital Advisors Inc. OK Sells 1,873,490 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Capital Advisors Inc. OK reduced its position in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 99.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,819 shares of the real estate investment trust's stock after selling 1,873,490 shares during the period. Capital Advisors Inc. OK's holdings in AGNC Investment were worth $185,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Coppell Advisory Solutions Corp. purchased a new stake in shares of AGNC Investment in the fourth quarter valued at $27,000. Coppell Advisory Solutions LLC purchased a new stake in shares of AGNC Investment in the second quarter valued at $29,000. Worth Asset Management LLC purchased a new stake in shares of AGNC Investment in the first quarter valued at $35,000. Bruce G. Allen Investments LLC purchased a new stake in shares of AGNC Investment in the fourth quarter valued at $37,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of AGNC Investment by 128.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,580 shares of the real estate investment trust's stock valued at $37,000 after purchasing an additional 2,015 shares during the period. 38.28% of the stock is owned by hedge funds and other institutional investors.

AGNC Investment Stock Down 1.9 %

Shares of AGNC traded down $0.18 during midday trading on Monday, reaching $9.13. 13,510,064 shares of the company were exchanged, compared to its average volume of 11,766,568. The stock has a 50-day moving average price of $9.59 and a 200-day moving average price of $9.26. The company has a market cap of $6.35 billion, a price-to-earnings ratio of 913.91 and a beta of 1.45. AGNC Investment Corp. has a 1-year low of $6.81 and a 1-year high of $10.64. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its quarterly earnings data on Monday, January 29th. The real estate investment trust reported $0.60 EPS for the quarter, topping analysts' consensus estimates of $0.49 by $0.11. The company had revenue of $640.00 million for the quarter, compared to analysts' expectations of $570.42 million. AGNC Investment had a return on equity of 28.02% and a net margin of 7.59%. During the same quarter in the previous year, the firm posted $0.74 earnings per share. Research analysts expect that AGNC Investment Corp. will post 2.16 earnings per share for the current year.

AGNC Investment Announces Dividend

The firm also recently disclosed a apr 24 dividend, which will be paid on Thursday, May 9th. Shareholders of record on Tuesday, April 30th will be issued a dividend of $0.12 per share. The ex-dividend date is Monday, April 29th. This represents a yield of 15.4%. AGNC Investment's dividend payout ratio is presently 14,414.41%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on AGNC shares. StockNews.com upgraded AGNC Investment from a "sell" rating to a "hold" rating in a report on Tuesday, March 12th. Jonestrading started coverage on AGNC Investment in a report on Friday, March 22nd. They issued a "buy" rating and a $10.75 target price on the stock. Compass Point started coverage on AGNC Investment in a report on Tuesday, February 20th. They issued a "buy" rating and a $10.25 target price on the stock. Royal Bank of Canada reduced their target price on AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a report on Thursday, January 25th. Finally, Barclays lifted their target price on AGNC Investment from $8.00 to $9.00 and gave the company an "equal weight" rating in a report on Monday, January 22nd. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $9.93.

Insider Buying and Selling at AGNC Investment

In related news, CFO Bernice Bell sold 10,000 shares of the company's stock in a transaction on Friday, January 26th. The shares were sold at an average price of $9.85, for a total value of $98,500.00. Following the sale, the chief financial officer now directly owns 287,282 shares of the company's stock, valued at $2,829,727.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.43% of the stock is currently owned by corporate insiders.

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).