AGNC Investment Corp. (NASDAQ:AGNC) CEO Peter J. Federico Sells 48,333 Shares

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) CEO Peter J. Federico sold 48,333 shares of the firm's stock in a transaction dated Friday, April 25th. The shares were sold at an average price of $8.70, for a total value of $420,497.10. Following the completion of the transaction, the chief executive officer now owns 1,691,421 shares of the company's stock, valued at $14,715,362.70. The trade was a 2.78 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

AGNC Investment Stock Down 0.2 %

Shares of AGNC stock traded down $0.02 during trading hours on Thursday, reaching $8.81. 30,119,847 shares of the company's stock were exchanged, compared to its average volume of 27,383,848. AGNC Investment Corp. has a 1 year low of $7.85 and a 1 year high of $10.85. The stock has a market cap of $8.07 billion, a PE ratio of 9.08 and a beta of 1.32. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. The stock's fifty day moving average price is $9.47 and its two-hundred day moving average price is $9.64.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its 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 return on equity of 21.92% and a net margin of 29.26%. The firm had revenue of $846.00 million during the quarter, compared to the consensus estimate of $436.71 million. During the same quarter in the previous year, the company posted $0.58 earnings per share. Research analysts predict that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

The company also recently disclosed a apr 25 dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 30th will be issued a $0.12 dividend. The ex-dividend date is Wednesday, April 30th. This represents a yield of 17.7%. AGNC Investment's payout ratio is currently 360.00%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Royal Bank of Canada cut their target price on AGNC Investment from $11.00 to $10.00 and set an "outperform" rating for the company in a research note on Tuesday. JMP Securities reiterated a "market perform" rating on shares of AGNC Investment in a report on Thursday, January 23rd. Keefe, Bruyette & Woods dropped their target price on shares of AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a report on Wednesday, January 29th. Jones Trading reduced their price objective on AGNC Investment from $10.25 to $9.50 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. Finally, Argus reaffirmed a "hold" rating on shares of AGNC Investment in a research note on Tuesday. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $9.96.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in AGNC Investment by 14.1% in 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 buying an additional 10,316,999 shares in the last quarter. Norges Bank purchased a new stake in AGNC Investment in the 4th quarter valued at approximately $87,269,000. PL Capital Advisors LLC lifted its stake in AGNC Investment by 821.0% in 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. purchased a new stake in AGNC Investment in the 4th quarter valued at approximately $39,840,000. Finally, Vaughan Nelson Investment Management L.P. raised its holdings in AGNC Investment by 18.0% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 16,996,741 shares of the real estate investment trust's stock valued at $162,828,000 after acquiring an additional 2,589,020 shares during the last quarter. Institutional investors and hedge funds own 38.28% of the company's stock.

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).