Sigma Planning Corp Sells 8,089 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Sigma Planning Corp lowered its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 17.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund 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 filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bruce G. Allen Investments LLC purchased a new position in shares of AGNC Investment in the fourth quarter valued at $37,000. CENTRAL TRUST Co purchased a new position in shares of AGNC Investment in the fourth quarter valued at $46,000. Allworth Financial LP grew its holdings in shares of AGNC Investment by 76.5% in the fourth 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 in the last quarter. Carmichael Hill & Associates Inc. grew its holdings in shares of AGNC Investment by 66.8% in the third 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 in the last quarter. Finally, Private Trust Co. NA grew its holdings in shares of AGNC Investment by 110.8% in the fourth 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 in the last quarter. Institutional investors own 38.28% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Keefe, Bruyette & Woods dropped their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an “outperform” rating for the company in a research note on Wednesday. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a research note on Thursday, April 18th. StockNews.com raised shares of AGNC Investment from a “sell” rating to a “hold” rating in a research note on Tuesday, March 12th. Jonestrading dropped their price objective on shares of AGNC Investment from $10.75 to $10.25 and set a “buy” rating for the company in a research note on Tuesday. Finally, Barclays lifted their price objective on shares of AGNC Investment from $8.00 to $9.00 and gave the stock an “equal weight” rating in a research note on Monday, January 22nd. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $9.79.

AGNC Investment Stock Up 1.0 %

Shares of AGNC opened at $9.33 on Friday. 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 firm has a fifty day moving average price of $9.55 and a 200-day moving average price of $9.26. The firm has a market capitalization of $6.48 billion, a P/E ratio of 10.25 and a beta of 1.45. AGNC Investment Corp. has a 12-month low of $6.81 and a 12-month high of $10.64.

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

AGNC Investment Announces Dividend

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

Insider Activity at AGNC Investment

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of the business’s stock in a transaction dated 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 transaction, the director now directly owns 75,545 shares in the company, valued at $706,345.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.52% of the stock is currently owned by corporate insiders.

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).