AGNC Investment Corp. (NASDAQ:AGNC) Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets trimmed its position in AGNC Investment Corp. (NASDAQ:AGNC) by 43.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 539,320 shares of the real estate investment trust’s stock after selling 410,049 shares during the period. BNP Paribas Financial Markets owned 0.06% of AGNC Investment worth $4,967,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Financial Life Planners purchased a new stake in AGNC Investment during the 4th quarter valued at about $28,000. National Bank of Canada FI lifted its holdings in shares of AGNC Investment by 112.7% during the fourth quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 1,832 shares during the period. Spire Wealth Management boosted its position in AGNC Investment by 94.5% in the fourth 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 last quarter. Strategic Investment Solutions Inc. IL boosted its position in AGNC Investment by 150.0% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 5,000 shares of the real estate investment trust’s stock valued at $46,000 after buying an additional 3,000 shares during the last quarter. Finally, Front Row Advisors LLC increased its holdings in AGNC Investment by 75.0% in the 4th quarter. Front Row Advisors LLC now owns 7,000 shares of the real estate investment trust’s stock worth $65,000 after buying an additional 3,000 shares during the period. 38.28% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have issued reports on AGNC. Wells Fargo & Company decreased their price target on AGNC Investment from $11.00 to $10.00 and set an “overweight” rating for the company in a report on Tuesday, April 22nd. Royal Bank of Canada lowered their target price on shares of AGNC Investment from $11.00 to $10.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 29th. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a research note on Thursday, January 23rd. StockNews.com lowered AGNC Investment from a “hold” rating to a “sell” rating in a report on Tuesday, May 6th. Finally, Argus reissued a “hold” rating on shares of AGNC Investment in a report on Tuesday, April 29th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $9.96.

Insiders Place Their Bets

In other AGNC Investment news, CEO Peter J. Federico sold 48,333 shares of AGNC Investment stock in a transaction on Monday, April 28th. The stock was sold at an average price of $8.88, for a total value of $429,197.04. Following the sale, the chief executive officer now owns 1,643,088 shares in the company, valued at $14,590,621.44. The trade was a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kenneth L. Pollack sold 17,500 shares of the business’s stock in a transaction on Tuesday, April 29th. The shares were sold at an average price of $9.03, for a total value of $158,025.00. Following the completion of the sale, the executive vice president now owns 447,841 shares in the company, valued at $4,044,004.23. This represents a 3.76% decrease in their position. The disclosure for this sale can be found here. Insiders sold 139,384 shares of company stock valued at $1,228,039 in the last three months. 0.42% of the stock is currently owned by insiders.

AGNC Investment Stock Performance

NASDAQ:AGNC opened at $9.07 on Wednesday. The company has a market cap of $9.25 billion, a P/E ratio of 9.35 and a beta of 1.30. AGNC Investment Corp. has a twelve month low of $7.85 and a twelve month high of $10.85. The company’s 50-day moving average price is $9.19 and its 200-day moving average price is $9.54. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC) last issued its earnings results on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.03. AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. The business had revenue of $846.00 million for the quarter, compared to analysts’ expectations of $436.71 million. During the same period in the previous year, the firm posted $0.58 EPS. On average, sell-side analysts forecast that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The business also recently announced a may 25 dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Friday, May 30th will be paid a $0.12 dividend. This represents a dividend yield of 16.2%. The ex-dividend date of this dividend is Friday, May 30th. AGNC Investment’s dividend payout ratio (DPR) is presently 360.00%.

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).