Sheaff Brock Investment Advisors LLC Sells 3,400 Shares of AGNC Investment Corp. (AGNC)

Sheaff Brock Investment Advisors LLC lessened its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 9.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,151 shares of the real estate investment trust’s stock after selling 3,400 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in AGNC Investment were worth $649,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. FNY Managed Accounts LLC purchased a new position in shares of AGNC Investment during the 3rd quarter valued at $104,000. Chicago Partners Investment Group LLC lifted its position in shares of AGNC Investment by 227.8% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 5,900 shares of the real estate investment trust’s stock valued at $128,000 after buying an additional 4,100 shares during the last quarter. Victory Capital Management Inc. raised its stake in shares of AGNC Investment by 154.5% during the 4th quarter. Victory Capital Management Inc. now owns 6,567 shares of the real estate investment trust’s stock valued at $133,000 after purchasing an additional 3,987 shares during the period. National Pension Service bought a new stake in shares of AGNC Investment during the 4th quarter valued at $179,000. Finally, Grisanti Capital Management LLC bought a new stake in shares of AGNC Investment during the 4th quarter valued at $192,000. 64.25% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts recently issued reports on AGNC shares. Maxim Group reiterated a “buy” rating and set a $21.25 price objective on shares of AGNC Investment in a research note on Friday, October 27th. Zacks Investment Research lowered AGNC Investment from a “buy” rating to a “hold” rating in a research note on Wednesday, November 1st. Wells Fargo & Co reiterated a “market perform” rating and set a $19.00 price objective on shares of AGNC Investment in a research note on Friday, December 1st. BidaskClub upgraded AGNC Investment from a “sell” rating to a “hold” rating in a research note on Wednesday, December 6th. Finally, Bank of America upgraded AGNC Investment from an “underperform” rating to a “neutral” rating in a research note on Thursday, February 1st. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. AGNC Investment presently has a consensus rating of “Hold” and an average price target of $20.63.

Shares of AGNC Investment Corp. (NASDAQ AGNC) opened at $18.60 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.24 and a current ratio of 0.24. AGNC Investment Corp. has a one year low of $17.94 and a one year high of $22.34. The stock has a market capitalization of $7,274.27, a price-to-earnings ratio of 9.49 and a beta of -0.01.

AGNC Investment (NASDAQ:AGNC) last announced its earnings results on Wednesday, January 31st. The real estate investment trust reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.02. The business had revenue of $212.00 million for the quarter, compared to analyst estimates of $204.32 million. AGNC Investment had a return on equity of 12.17% and a net margin of 86.72%. During the same period in the prior year, the company earned $0.64 EPS. research analysts anticipate that AGNC Investment Corp. will post 2.41 earnings per share for the current year.

The firm also recently announced a feb 18 dividend, which will be paid on Thursday, March 8th. Shareholders of record on Wednesday, February 28th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, February 27th. This represents a yield of 11.45%. AGNC Investment’s dividend payout ratio is currently 110.20%.

In other AGNC Investment news, CFO Peter J. Federico sold 13,500 shares of the company’s stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $18.54, for a total value of $250,290.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 0.47% of the stock is owned by corporate insiders.

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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).

Institutional Ownership by Quarter for AGNC Investment (NASDAQ:AGNC)

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