Corient Private Wealth LLC Trims Stock Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Corient Private Wealth LLC lowered its holdings in AGNC Investment Corp. (NASDAQ:AGNC) by 10.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 60,393 shares of the real estate investment trust’s stock after selling 7,016 shares during the quarter. Corient Private Wealth LLC’s holdings in AGNC Investment were worth $556,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of AGNC. Financial Life Planners bought a new stake in AGNC Investment during the 4th quarter valued at $28,000. Point72 Asset Management L.P. purchased a new position in shares of AGNC Investment in the third quarter valued at $32,000. Spire Wealth Management raised its stake in shares of AGNC Investment by 94.5% during the 4th quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 1,972 shares during the period. Avior Wealth Management LLC lifted its holdings in AGNC Investment by 413.8% during the 4th quarter. Avior Wealth Management LLC now owns 8,853 shares of the real estate investment trust’s stock worth $82,000 after purchasing an additional 7,130 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its stake in AGNC Investment by 31.0% in the 4th quarter. Jones Financial Companies Lllp now owns 9,823 shares of the real estate investment trust’s stock worth $90,000 after purchasing an additional 2,326 shares during the period. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

AGNC Investment Stock Down 2.5 %

Shares of NASDAQ:AGNC opened at $9.52 on Friday. The firm has a market capitalization of $8.72 billion, a PE ratio of 9.81 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 Corp. has a 52-week low of $8.92 and a 52-week high of $10.85. The firm has a fifty day moving average of $10.14 and a 200 day moving average of $9.92.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings data 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 anticipate that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The firm also recently declared a mar 25 dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Monday, March 31st will be given a dividend of $0.12 per share. This represents a yield of 14.1%. The ex-dividend date is Monday, March 31st. AGNC Investment’s payout ratio is currently 148.45%.

Insiders Place Their Bets

In related news, CFO Bernice Bell sold 13,000 shares of the firm’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 transaction of $130,520.00. Following the transaction, the chief financial officer now directly owns 372,226 shares in the company, valued at $3,737,149.04. This trade represents a 3.37 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frances Spark sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total value of $50,500.00. Following the completion of the sale, the director now owns 75,919 shares of the company’s stock, valued at $766,781.90. The trade was a 6.18 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.42% of the company’s stock.

Analyst Upgrades and Downgrades

AGNC has been the topic of a number of recent analyst reports. Royal Bank of Canada reissued an “outperform” rating and issued a $11.00 price target on shares of AGNC Investment in a report on Thursday, January 30th. JPMorgan Chase & Co. cut their price target on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a report on Monday, December 9th. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Keefe, Bruyette & Woods lowered their price objective on AGNC Investment from $10.75 to $10.25 and set an “outperform” rating on the stock in a research report on Wednesday, January 29th. Finally, Argus upgraded AGNC Investment to a “hold” rating in a research report on Tuesday, February 4th. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $10.50.

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).