AGNC Investment Corp. (NASDAQ:AGNC) Shares Sold by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC lessened its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 13.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,015 shares of the real estate investment trust’s stock after selling 4,544 shares during the period. Concurrent Investment Advisors LLC’s holdings in AGNC Investment were worth $267,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AGNC. Ieq Capital LLC grew its position in AGNC Investment by 19.5% during the fourth quarter. Ieq Capital LLC now owns 14,179 shares of the real estate investment trust’s stock valued at $131,000 after buying an additional 2,316 shares during the period. Private Advisor Group LLC boosted its stake in shares of AGNC Investment by 2.0% during the 4th quarter. Private Advisor Group LLC now owns 187,455 shares of the real estate investment trust’s stock worth $1,726,000 after acquiring an additional 3,620 shares in the last quarter. Angel Oak Capital Advisors LLC acquired a new stake in shares of AGNC Investment during the 4th quarter valued at about $281,000. Atria Wealth Solutions Inc. increased its stake in shares of AGNC Investment by 10.5% in the 4th quarter. Atria Wealth Solutions Inc. now owns 452,530 shares of the real estate investment trust’s stock valued at $4,204,000 after purchasing an additional 43,082 shares in the last quarter. Finally, D.A. Davidson & CO. raised its holdings in AGNC Investment by 6.6% in the 4th quarter. D.A. Davidson & CO. now owns 23,517 shares of the real estate investment trust’s stock worth $217,000 after purchasing an additional 1,449 shares during the period. 38.28% of the stock is currently owned by institutional investors and hedge funds.

AGNC Investment Price Performance

AGNC stock opened at $10.53 on Wednesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. The stock’s 50 day moving average price is $9.76 and its 200 day moving average price is $9.91. The firm has a market cap of $9.32 billion, a P/E ratio of 10.85 and a beta of 1.48. AGNC Investment Corp. has a 1 year low of $8.92 and a 1 year high of $10.85.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. On average, sell-side analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently announced a feb 25 dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.12 per share. This represents a dividend yield of 13.8%. The ex-dividend date is Friday, February 28th. AGNC Investment’s payout ratio is currently 148.45%.

Insider Buying and Selling

In related news, Director Frances Spark sold 5,000 shares of the stock in a transaction on Wednesday, February 5th. The stock was 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 directly owns 75,919 shares in the company, valued at approximately $766,781.90. This represents a 6.18 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Bernice Bell sold 13,000 shares of the firm’s stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $10.04, for a total value of $130,520.00. Following the sale, the chief financial officer now owns 372,226 shares in the company, valued at approximately $3,737,149.04. The trade was a 3.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.43% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on AGNC shares. Wells Fargo & Company dropped their target price on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. StockNews.com upgraded AGNC Investment from a “sell” rating to a “hold” rating in a report on Tuesday. Argus upgraded AGNC Investment to a “hold” rating in a research note on Tuesday, February 4th. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Finally, Keefe, Bruyette & Woods dropped their price target on AGNC Investment from $10.75 to $10.25 and set an “outperform” rating for the company in a research report on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, AGNC Investment presently has an average rating of “Moderate Buy” and a consensus target price of $10.50.

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).