AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) CFO Bernice Bell sold 2,000 shares of the firm's stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $9.45, for a total transaction of $18,900.00. Following the completion of the transaction, the chief financial officer now owns 307,973 shares in the company, valued at $2,910,344.85. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Bernice Bell also recently made the following trade(s):
- On Thursday, May 2nd, Bernice Bell sold 3,500 shares of AGNC Investment stock. The stock was sold at an average price of $9.32, for a total transaction of $32,620.00.
AGNC Investment Stock Up 1.5 %
AGNC Investment stock opened at $9.54 on Tuesday. The stock has a market cap of $6.63 billion, a price-to-earnings ratio of 10.48 and a beta of 1.45. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.01. The company's 50-day moving average price is $9.53 and its two-hundred day moving average price is $9.29. AGNC Investment Corp. has a 52 week low of $6.81 and a 52 week high of $10.64.
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AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.58 EPS for the quarter, beating the consensus estimate of $0.56 by $0.02. The firm had revenue of $642.00 million for the quarter, compared to analysts' expectations of $568.38 million. AGNC Investment had a net margin of 32.12% and a return on equity of 27.92%. During the same quarter last year, the company earned $0.70 EPS. On average, analysts expect that AGNC Investment Corp. will post 2.1 EPS for the current fiscal year.
AGNC Investment Dividend Announcement
The firm also recently disclosed 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. The ex-dividend date is Monday, April 29th. This represents a dividend yield of 15.4%. AGNC Investment's dividend payout ratio is currently 158.24%.
Analyst Ratings Changes
A number of research firms have recently issued reports on AGNC. Compass Point began coverage on shares of AGNC Investment in a research report on Tuesday, February 20th. They issued a "buy" rating and a $10.25 price target on the stock. Royal Bank of Canada cut their price objective 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. StockNews.com upgraded shares of AGNC Investment from a "sell" rating to a "hold" rating in a research report on Tuesday, March 12th. Jonestrading cut their price objective 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, April 23rd. Finally, Barclays lifted their price objective 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. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $9.79.
Check Out Our Latest Analysis on AGNC Investment
Hedge Funds Weigh In On AGNC Investment
Several hedge funds have recently made changes to their positions in the business. Portside Wealth Group LLC grew its stake in shares of AGNC Investment by 8.8% in the 4th quarter. Portside Wealth Group LLC now owns 14,124 shares of the real estate investment trust's stock worth $139,000 after purchasing an additional 1,147 shares during the last quarter. Global Retirement Partners LLC grew its stake in shares of AGNC Investment by 12.3% in the 1st quarter. Global Retirement Partners LLC now owns 11,303 shares of the real estate investment trust's stock worth $112,000 after purchasing an additional 1,238 shares during the last quarter. Waterfront Wealth Inc. grew its stake in shares of AGNC Investment by 2.5% in the 4th quarter. Waterfront Wealth Inc. now owns 52,215 shares of the real estate investment trust's stock worth $512,000 after purchasing an additional 1,251 shares during the last quarter. Consolidated Portfolio Review Corp grew its stake in shares of AGNC Investment by 2.3% in the 4th quarter. Consolidated Portfolio Review Corp now owns 59,930 shares of the real estate investment trust's stock worth $588,000 after purchasing an additional 1,341 shares during the last quarter. Finally, Foster Victor Wealth Advisors LLC grew its stake in shares of AGNC Investment by 4.1% in the 4th quarter. Foster Victor Wealth Advisors LLC now owns 35,286 shares of the real estate investment trust's stock worth $351,000 after purchasing an additional 1,379 shares during the last quarter. Institutional investors and hedge funds own 38.28% of the company's stock.
About AGNC Investment
(
Get Free Report)
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).
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