AGNC Investment Corp. (NASDAQ:AGNC) CFO Peter J. Federico sold 13,500 shares of AGNC Investment stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $18.54, for a total transaction of $250,290.00. The transaction was disclosed in a filing with the SEC, which is available through this link.
Shares of AGNC Investment Corp. (NASDAQ AGNC) opened at $18.87 on Thursday. 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 cap of $7,411.22, a P/E ratio of 7.52 and a beta of -0.01.
AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings results on Wednesday, January 31st. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.61 by $0.02. AGNC Investment had a net margin of 86.72% and a return on equity of 12.17%. The company had revenue of $212.00 million during the quarter, compared to analyst estimates of $204.32 million. During the same quarter last year, the business posted $0.64 EPS. research analysts expect that AGNC Investment Corp. will post 2.41 earnings per share for the current year.
Several hedge funds have recently modified their holdings of the company. BlackRock Inc. increased its stake in shares of AGNC Investment by 1.0% during the 4th quarter. BlackRock Inc. now owns 35,339,656 shares of the real estate investment trust’s stock worth $713,507,000 after purchasing an additional 365,206 shares during the last quarter. APG Asset Management N.V. grew its stake in AGNC Investment by 25.2% in the 4th quarter. APG Asset Management N.V. now owns 15,619,403 shares of the real estate investment trust’s stock valued at $262,621,000 after buying an additional 3,147,560 shares in the last quarter. Wells Fargo & Company MN grew its stake in AGNC Investment by 71.0% in the 3rd quarter. Wells Fargo & Company MN now owns 11,306,947 shares of the real estate investment trust’s stock valued at $245,135,000 after buying an additional 4,695,908 shares in the last quarter. State Treasurer State of Michigan grew its stake in AGNC Investment by 26.2% in the 4th quarter. State Treasurer State of Michigan now owns 9,605,800 shares of the real estate investment trust’s stock valued at $193,941,000 after buying an additional 1,991,800 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in AGNC Investment by 2.8% in the 4th quarter. Geode Capital Management LLC now owns 5,017,379 shares of the real estate investment trust’s stock valued at $101,260,000 after buying an additional 135,159 shares in the last quarter. Institutional investors own 65.60% of the company’s stock.
Several equities analysts have commented on AGNC shares. Zacks Investment Research raised shares of AGNC Investment from a “hold” rating to a “strong-buy” rating and set a $25.00 target price on the stock in a research report on Tuesday, October 24th. Maxim Group reissued a “buy” rating and set a $21.25 target price on shares of AGNC Investment in a research report on Friday, October 27th. Wells Fargo & Co reissued a “market perform” rating and set a $19.00 target price on shares of AGNC Investment in a research report on Friday, December 1st. BidaskClub raised shares of AGNC Investment from a “sell” rating to a “hold” rating in a research report on Wednesday, December 6th. Finally, Bank of America upgraded shares of AGNC Investment from an “underperform” rating to a “neutral” rating in a research note on Thursday, February 1st. One 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 an average rating of “Hold” and an average target price of $20.63.
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About AGNC Investment
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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