AGNC Investment Corp. $AGNC Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC lowered its position in AGNC Investment Corp. (NASDAQ:AGNC) by 74.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 783,680 shares of the real estate investment trust’s stock after selling 2,324,508 shares during the quarter. SG Americas Securities LLC’s holdings in AGNC Investment were worth $7,860,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of AGNC Investment in the 4th quarter valued at approximately $141,830,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of AGNC Investment during the 4th quarter valued at approximately $33,210,000. State Street Corp lifted its holdings in AGNC Investment by 12.9% in the second quarter. State Street Corp now owns 16,693,449 shares of the real estate investment trust’s stock valued at $155,383,000 after acquiring an additional 1,906,785 shares during the last quarter. Geode Capital Management LLC lifted its holdings in AGNC Investment by 5.8% in the fourth quarter. Geode Capital Management LLC now owns 29,097,741 shares of the real estate investment trust’s stock valued at $312,275,000 after acquiring an additional 1,596,244 shares during the last quarter. Finally, Morgan Stanley grew its position in AGNC Investment by 24.3% in the fourth quarter. Morgan Stanley now owns 7,491,585 shares of the real estate investment trust’s stock worth $80,310,000 after acquiring an additional 1,462,468 shares during the period. 38.28% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at AGNC Investment

In related news, CEO Peter J. Federico sold 64,412 shares of the company’s stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $11.08, for a total transaction of $713,684.96. Following the sale, the chief executive officer directly owned 1,927,083 shares in the company, valued at approximately $21,352,079.64. This represents a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Donna Blank sold 22,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $10.78, for a total transaction of $237,160.00. Following the sale, the director owned 96,471 shares in the company, valued at $1,039,957.38. The trade was a 18.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 215,234 shares of company stock valued at $2,364,022. Corporate insiders own 0.40% of the company’s stock.

AGNC Investment Trading Up 2.6%

NASDAQ:AGNC opened at $10.90 on Friday. The firm has a market cap of $12.51 billion, a PE ratio of 9.01 and a beta of 1.32. The stock has a fifty day moving average price of $10.53 and a 200 day moving average price of $10.77. AGNC Investment Corp. has a 12-month low of $9.08 and a 12-month high of $12.19.

AGNC Investment (NASDAQ:AGNC) last released its earnings results on Monday, April 20th. The real estate investment trust reported $0.42 EPS for the quarter, topping the consensus estimate of $0.36 by $0.06. AGNC Investment had a return on equity of 18.31% and a net margin of 39.50%.The firm had revenue of ($114.00) million during the quarter, compared to analysts’ expectations of $411.57 million. Equities analysts forecast that AGNC Investment Corp. will post 1.56 EPS for the current year.

AGNC Investment Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, July 10th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 13.2%. AGNC Investment’s payout ratio is currently 119.01%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on AGNC shares. Piper Sandler reissued an “overweight” rating on shares of AGNC Investment in a research note on Thursday, June 4th. Wall Street Zen upgraded AGNC Investment from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Weiss Ratings reiterated a “hold (c)” rating on shares of AGNC Investment in a report on Wednesday. UBS Group raised their price objective on AGNC Investment from $10.50 to $11.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Finally, JPMorgan Chase & Co. decreased 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, April 16th. Four investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, AGNC Investment presently has an average rating of “Hold” and an average target price of $11.06.

AGNC Investment Company Profile

AGNC Investment Corp. is a self-managed real estate investment trust (REIT) that primarily acquires and manages a portfolio of residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company employs a leveraged total return strategy, borrowing against its securities to enhance income potential while using interest rate hedges to manage risk. AGNC’s investment objective is to generate attractive monthly dividends and long-term capital appreciation for its shareholders.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC focuses exclusively on U.S.