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

Perigon Wealth Management LLC trimmed its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 18.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,218 shares of the real estate investment trust’s stock after selling 3,808 shares during the period. Perigon Wealth Management LLC’s holdings in AGNC Investment were worth $164,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Paragon Capital Management Ltd increased its stake in AGNC Investment by 3.6% during the 3rd quarter. Paragon Capital Management Ltd now owns 30,717 shares of the real estate investment trust’s stock worth $321,000 after buying an additional 1,071 shares during the period. Armstrong Advisory Group Inc. increased its stake in AGNC Investment by 6.6% in the 4th quarter. Armstrong Advisory Group Inc. now owns 18,505 shares of the real estate investment trust’s stock valued at $170,000 after buying an additional 1,150 shares during the period. Garden State Investment Advisory Services LLC grew its position in AGNC Investment by 10.0% in the third quarter. Garden State Investment Advisory Services LLC now owns 12,947 shares of the real estate investment trust’s stock worth $135,000 after acquiring an additional 1,176 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of AGNC Investment by 52.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 1,255 shares during the period. Finally, Hollencrest Capital Management boosted its holdings in AGNC Investment by 0.6% in the 3rd quarter. Hollencrest Capital Management now owns 222,450 shares of the real estate investment trust’s stock valued at $2,327,000 after purchasing an additional 1,290 shares during the period. 38.28% of the stock is owned by hedge funds and other institutional investors.

AGNC Investment Stock Performance

Shares of AGNC stock opened at $9.95 on Tuesday. The business’s 50 day simple moving average is $9.53 and its 200 day simple moving average is $9.88. AGNC Investment Corp. has a one year low of $8.92 and a one year high of $10.85. The stock has a market capitalization of $8.81 billion, a PE ratio of 10.26 and a beta of 1.47. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23.

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

AGNC Investment Announces Dividend

The business also recently disclosed a jan 25 dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be paid a dividend of $0.12 per share. This represents a yield of 15.5%. The ex-dividend date of this dividend is Friday, January 31st. AGNC Investment’s dividend payout ratio (DPR) is presently 148.45%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on AGNC shares. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. StockNews.com downgraded shares of AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $11.00 price objective on shares of AGNC Investment in a research report on Thursday, January 30th. 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 report on Wednesday, January 29th. Finally, Wells Fargo & Company cut their price objective on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $10.50.

Insider Transactions at AGNC Investment

In other AGNC Investment news, CFO Bernice Bell sold 13,000 shares of the company’s stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $10.04, for a total value of $130,520.00. Following the completion of the sale, the chief financial officer now owns 372,226 shares of the company’s stock, valued at $3,737,149.04. This represents a 3.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.52% of the company’s stock.

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).