By otakuyassine3@gmail.com 
AGNC Investment Corp. (NASDAQ:AGNC – Get Free Report) saw some unusual options trading on Friday. Investors purchased 52,084 call options on the company. This represents an increase of approximately 28% compared to the average volume of 40,598 call options.
Insider Activity at AGNC Investment
In other AGNC Investment news, CFO Bernice Bell sold 13,000 shares of the company’s stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $10.04, for a total value of $130,520.00. Following the completion of the transaction, the chief financial officer now directly owns 372,226 shares in the company, valued at approximately $3,737,149.04. This represents a 3.37 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total transaction of $50,500.00. Following the sale, the director now directly owns 75,919 shares in the company, valued at $766,781.90. The trade was a 6.18 % decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is owned by company insiders.
Institutional Trading of AGNC Investment
Large investors have recently made changes to their positions in the stock. Fourth Dimension Wealth LLC purchased a new stake in AGNC Investment in the fourth quarter worth approximately $26,000. Financial Life Planners purchased a new position in shares of AGNC Investment in the 4th quarter worth $28,000. Point72 Asset Management L.P. bought a new stake in shares of AGNC Investment in the third quarter worth $32,000. National Bank of Canada FI increased its position in 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 valued at $32,000 after acquiring an additional 1,832 shares during the last quarter. Finally, Spire Wealth Management lifted its holdings 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 acquiring an additional 1,972 shares during the period. 38.28% of the stock is currently owned by institutional investors.
AGNC Investment Price Performance
Shares of NASDAQ AGNC opened at $8.35 on Friday. The firm has a market cap of $7.64 billion, a P/E ratio of 8.61 and a beta of 1.32. AGNC Investment has a twelve month low of $7.85 and a twelve month high of $10.85. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. The company has a 50 day moving average of $9.92 and a 200 day moving average of $9.79.
AGNC Investment (NASDAQ:AGNC – Get Free Report) last posted its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. As a group, research analysts expect that AGNC Investment will post 1.61 EPS for the current fiscal year.
AGNC Investment Dividend Announcement
The business also recently announced a apr 25 dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 30th will be paid a dividend of $0.12 per share. This represents a yield of 17.7%. The ex-dividend date of this dividend is Wednesday, April 30th. AGNC Investment’s dividend payout ratio is currently 148.45%.
Wall Street Analyst Weigh In
AGNC has been the subject of a number of research analyst reports. Royal Bank of Canada restated an “outperform” rating and issued a $11.00 target price on shares of AGNC Investment in a research note on Thursday, January 30th. Argus upgraded shares of AGNC Investment to a “hold” rating in a report on Tuesday, February 4th. StockNews.com upgraded shares of AGNC Investment from a “sell” rating to a “hold” rating in a research note on Tuesday, February 25th. Wells Fargo & Company dropped their price objective on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Finally, JMP Securities restated a “market perform” rating on shares of AGNC Investment in a report on Thursday, January 23rd. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $10.50.
Check Out Our Latest Stock Analysis on AGNC Investment
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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