AGNC Investment Corp. (NASDAQ:AGNC) Shares Sold by Western Wealth Management LLC

Western Wealth Management LLC cut its position in AGNC Investment Corp. (NASDAQ:AGNC) by 28.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,967 shares of the real estate investment trust’s stock after selling 6,712 shares during the period. Western Wealth Management LLC’s holdings in AGNC Investment were worth $166,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Vaughan Nelson Investment Management L.P. acquired a new position in AGNC Investment during the fourth quarter worth $38,593,000. Clearbridge Investments LLC boosted its stake in AGNC Investment by 85.6% during the third quarter. Clearbridge Investments LLC now owns 7,301,298 shares of the real estate investment trust’s stock worth $68,924,000 after buying an additional 3,367,112 shares during the last quarter. Artemis Investment Management LLP acquired a new position in AGNC Investment during the fourth quarter worth $10,648,000. Wellington Management Group LLP boosted its stake in AGNC Investment by 1,401.6% during the third quarter. Wellington Management Group LLP now owns 1,112,977 shares of the real estate investment trust’s stock worth $10,507,000 after buying an additional 1,038,856 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its stake in AGNC Investment by 1,054.4% during the fourth quarter. International Assets Investment Management LLC now owns 798,661 shares of the real estate investment trust’s stock worth $81,413,000 after buying an additional 729,476 shares during the last quarter. 38.28% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other AGNC Investment news, CFO Bernice Bell sold 10,000 shares of the stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $9.85, for a total transaction of $98,500.00. Following the completion of the sale, the chief financial officer now directly owns 287,282 shares of the company’s stock, valued at approximately $2,829,727.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.43% of the stock is owned by insiders.

AGNC Investment Stock Up 1.8 %

Shares of NASDAQ AGNC opened at $9.37 on Wednesday. The stock has a market cap of $6.51 billion, a PE ratio of 937.94 and a beta of 1.45. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.01. AGNC Investment Corp. has a 52-week low of $6.81 and a 52-week high of $10.64. The business has a 50-day moving average price of $9.55 and a 200 day moving average price of $9.26.

AGNC Investment (NASDAQ:AGNC) last announced its earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. The firm had revenue of $642.00 million during the quarter, compared to analysts’ expectations of $568.38 million. AGNC Investment had a return on equity of 28.02% and a net margin of 7.59%. During the same period in the prior year, the firm earned $0.70 EPS. Equities research analysts forecast that AGNC Investment Corp. will post 2.16 earnings per share for the current year.

AGNC Investment Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on AGNC shares. Barclays lifted their target price on AGNC Investment from $8.00 to $9.00 and gave the company an “equal weight” rating in a research report on Monday, January 22nd. StockNews.com upgraded AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, March 12th. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a research report on Thursday, April 18th. Compass Point started coverage on AGNC Investment in a research report on Tuesday, February 20th. They issued a “buy” rating and a $10.25 target price on the stock. Finally, Jonestrading reduced their target price on AGNC Investment from $10.75 to $10.25 and set a “buy” rating on the stock in a research report on Tuesday. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, AGNC Investment has an average rating of “Moderate Buy” and an average price target of $9.86.

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).