AGNC Investment Corp. (NASDAQ:AGNC) Shares Sold by Sigma Planning Corp

Sigma Planning Corp cut its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 17.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 38,769 shares of the real estate investment trust’s stock after selling 8,089 shares during the period. Sigma Planning Corp’s holdings in AGNC Investment were worth $380,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Bruce G. Allen Investments LLC purchased a new stake in shares of AGNC Investment in the 4th quarter valued at approximately $37,000. CENTRAL TRUST Co purchased a new stake in shares of AGNC Investment in the 4th quarter valued at approximately $46,000. Allworth Financial LP increased its position in shares of AGNC Investment by 76.5% in the 4th quarter. Allworth Financial LP now owns 4,836 shares of the real estate investment trust’s stock valued at $47,000 after purchasing an additional 2,096 shares during the last quarter. Carmichael Hill & Associates Inc. increased its position in shares of AGNC Investment by 66.8% in the 3rd quarter. Carmichael Hill & Associates Inc. now owns 6,066 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 2,429 shares during the last quarter. Finally, Private Trust Co. NA increased its position in shares of AGNC Investment by 110.8% in the 4th quarter. Private Trust Co. NA now owns 6,377 shares of the real estate investment trust’s stock valued at $63,000 after purchasing an additional 3,352 shares during the last quarter. 38.28% of the stock is owned by hedge funds and other institutional investors.

AGNC Investment Trading Up 1.0 %

Shares of AGNC Investment stock opened at $9.33 on Friday. AGNC Investment Corp. has a 1 year low of $6.81 and a 1 year high of $10.64. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.26 and a current ratio of 0.26. The company has a market capitalization of $6.48 billion, a P/E ratio of 10.25 and a beta of 1.45. The company’s fifty day moving average is $9.55 and its two-hundred day moving average is $9.26.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings data on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.02. AGNC Investment had a net margin of 32.12% and a return on equity of 27.92%. The company had revenue of $642.00 million for the quarter, compared to the consensus estimate of $568.38 million. During the same period last year, the firm posted $0.70 EPS. Analysts forecast that AGNC Investment Corp. will post 2.18 earnings per share for the current year.

AGNC Investment Dividend Announcement

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

Insider Transactions at AGNC Investment

In other news, Director Frances Spark sold 5,000 shares of the firm’s stock in a transaction on 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 sale, the director now owns 75,545 shares in the company, valued at approximately $706,345.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.52% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on AGNC. Keefe, Bruyette & Woods dropped their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an “outperform” rating on the stock in a research report on Wednesday. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a research report on Thursday, April 18th. 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. Royal Bank of Canada dropped their target price on shares of AGNC Investment from $11.00 to $10.00 and set an “outperform” rating on the stock in a research report on Thursday, January 25th. Finally, Jonestrading dropped their target price on shares of AGNC Investment from $10.75 to $10.25 and set a “buy” rating on the stock in a research report on Tuesday. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $9.79.

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).