AGNC Investment Corp. (NASDAQ:AGNC) Stock Holdings Decreased by IFP Advisors Inc

IFP Advisors Inc lowered its stake in AGNC Investment Corp. (NASDAQ:AGNC) by 90.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 5,218 shares of the real estate investment trust’s stock after selling 48,130 shares during the period. IFP Advisors Inc’s holdings in AGNC Investment were worth $48,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of AGNC. Financial Life Planners acquired a new position in shares of AGNC Investment in the 4th quarter valued at about $28,000. Point72 Asset Management L.P. acquired a new position in shares of AGNC Investment in the 3rd quarter valued at about $32,000. Spire Wealth Management boosted its holdings in shares of AGNC Investment by 94.5% in the 4th quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 1,972 shares during the period. Huntington National Bank boosted its holdings in shares of AGNC Investment by 105.7% in the 3rd quarter. Huntington National Bank now owns 6,705 shares of the real estate investment trust’s stock valued at $70,000 after buying an additional 3,445 shares during the period. Finally, Avior Wealth Management LLC boosted its holdings in shares of AGNC Investment by 413.8% in the 4th quarter. Avior Wealth Management LLC now owns 8,853 shares of the real estate investment trust’s stock valued at $82,000 after buying an additional 7,130 shares during the period. Institutional investors own 38.28% of the company’s stock.

Insider Transactions at AGNC Investment

In other news, CFO Bernice Bell sold 13,000 shares of the company’s stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $10.04, for a total value of $130,520.00. Following the sale, the chief financial officer now owns 372,226 shares of the company’s stock, valued at approximately $3,737,149.04. This represents a 3.37 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frances Spark sold 5,000 shares of the company’s stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total transaction of $50,500.00. Following the completion of the sale, the director now directly owns 75,919 shares in the company, valued at approximately $766,781.90. The trade was a 6.18 % decrease in their position. The disclosure for this sale can be found here. 0.52% of the stock is owned by insiders.

AGNC Investment Stock Performance

Shares of AGNC opened at $10.14 on Friday. The company’s 50 day moving average price is $9.87 and its 200 day moving average price is $9.93. AGNC Investment Corp. has a 52 week low of $8.92 and a 52 week high of $10.85. The company has a market capitalization of $9.28 billion, a PE ratio of 10.45 and a beta of 1.50. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. Research analysts expect that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently announced a feb 25 dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Friday, February 28th will be issued a $0.12 dividend. This represents a dividend yield of 13.8%. The ex-dividend date is Friday, February 28th. AGNC Investment’s payout ratio is 148.45%.

Wall Street Analyst Weigh In

AGNC has been the subject of several research reports. Argus raised shares of AGNC Investment to a “hold” rating in a report on Tuesday, February 4th. JPMorgan Chase & Co. reduced their target price on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a research note on Monday, December 9th. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Royal Bank of Canada reissued an “outperform” rating and set a $11.00 target price on shares of AGNC Investment in a research note on Thursday, January 30th. Finally, Keefe, Bruyette & Woods reduced their target price on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating for the company in a research note on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $10.50.

AGNC Investment 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).