AGNC Investment Corp. (NASDAQ:AGNC) Shares Sold by Federated Hermes Inc.

Federated Hermes Inc. cut its position in shares of AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 46.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 247,383 shares of the real estate investment trust's stock after selling 217,823 shares during the period. Federated Hermes Inc.'s holdings in AGNC Investment were worth $2,427,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. SG Americas Securities LLC raised its position in AGNC Investment by 136.4% during the third quarter. SG Americas Securities LLC now owns 27,950 shares of the real estate investment trust's stock valued at $264,000 after purchasing an additional 16,125 shares during the period. All Season Financial Advisors Inc. increased its position in AGNC Investment by 5.7% during the third quarter. All Season Financial Advisors Inc. now owns 59,862 shares of the real estate investment trust's stock valued at $565,000 after acquiring an additional 3,251 shares during the last quarter. Xponance Inc. lifted its holdings in shares of AGNC Investment by 71.9% in the 3rd quarter. Xponance Inc. now owns 34,191 shares of the real estate investment trust's stock worth $323,000 after acquiring an additional 14,304 shares during the last quarter. Raymond James & Associates boosted its stake in shares of AGNC Investment by 1.1% during the 3rd quarter. Raymond James & Associates now owns 1,078,421 shares of the real estate investment trust's stock worth $10,180,000 after purchasing an additional 11,459 shares during the period. Finally, Capital Advisors Inc. OK raised its position in AGNC Investment by 0.7% in the 3rd quarter. Capital Advisors Inc. OK now owns 1,892,309 shares of the real estate investment trust's stock worth $17,863,000 after purchasing an additional 14,053 shares during the period. Hedge funds and other institutional investors own 38.28% of the company's stock.

Insider Activity at AGNC Investment

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of the company's stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $9.35, for a total value of $46,750.00. Following the completion of the transaction, the director now owns 75,545 shares in the company, valued at $706,345.75. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.43% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on AGNC shares. Jonestrading reduced their price target on shares of AGNC Investment from $10.75 to $10.25 and set a "buy" rating on the stock in a research note on Tuesday, April 23rd. Barclays increased their target price on shares of AGNC Investment from $8.00 to $9.00 and gave the company an "equal weight" rating in a research report on Monday, January 22nd. Keefe, Bruyette & Woods lowered their price objective on AGNC Investment from $10.00 to $9.50 and set an "outperform" rating for the company in a research report on Wednesday, April 24th. JMP Securities restated a "market perform" rating on shares of AGNC Investment in a research note on Thursday, April 18th. Finally, StockNews.com upgraded AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, March 12th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $9.79.

AGNC Investment Stock Performance

NASDAQ:AGNC traded down $0.09 during mid-day trading on Monday, hitting $9.24. The company's stock had a trading volume of 10,288,292 shares, compared to its average volume of 11,910,798. The business's fifty day moving average is $9.55 and its two-hundred day moving average is $9.27. The stock has a market cap of $6.42 billion, a price-to-earnings ratio of 10.15 and a beta of 1.45. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.26 and a quick ratio of 0.26. AGNC Investment Corp. has a 1 year low of $6.81 and a 1 year high of $10.64.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.58 EPS for the quarter, topping analysts' consensus estimates of $0.56 by $0.02. AGNC Investment had a return on equity of 27.92% and a net margin of 32.12%. The firm had revenue of $642.00 million for the quarter, compared to the consensus estimate of $568.38 million. During the same quarter in the prior year, the business earned $0.70 earnings per share. Analysts anticipate that AGNC Investment Corp. will post 2.1 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently declared a apr 24 dividend, which will be paid on Thursday, May 9th. Investors of record on Tuesday, April 30th will be issued a dividend of $0.12 per share. This represents a yield of 15.4%. The ex-dividend date of this dividend is Monday, April 29th. AGNC Investment's dividend payout ratio (DPR) is presently 158.24%.

AGNC Investment Company 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).