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

Frank Rimerman Advisors LLC cut its position in AGNC Investment Corp. (NASDAQ:AGNC) by 64.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,627 shares of the real estate investment trust’s stock after selling 29,913 shares during the period. Frank Rimerman Advisors LLC’s holdings in AGNC Investment were worth $153,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Left Brain Wealth Management LLC increased its position in shares of AGNC Investment by 196.2% in the 4th quarter. Left Brain Wealth Management LLC now owns 40,575 shares of the real estate investment trust’s stock valued at $374,000 after purchasing an additional 26,875 shares during the last quarter. Thompson Siegel & Walmsley LLC increased its position in shares of AGNC Investment by 5.9% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 1,897,569 shares of the real estate investment trust’s stock valued at $17,477,000 after purchasing an additional 105,250 shares during the last quarter. Commonwealth Equity Services LLC increased its position in shares of AGNC Investment by 4.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 722,434 shares of the real estate investment trust’s stock valued at $6,654,000 after purchasing an additional 32,115 shares during the last quarter. CFO4Life Group LLC increased its position in shares of AGNC Investment by 66.6% in the 4th quarter. CFO4Life Group LLC now owns 24,537 shares of the real estate investment trust’s stock valued at $226,000 after purchasing an additional 9,806 shares during the last quarter. Finally, Swiss National Bank increased its position in shares of AGNC Investment by 7.1% in the 4th quarter. Swiss National Bank now owns 1,538,900 shares of the real estate investment trust’s stock valued at $14,173,000 after purchasing an additional 102,400 shares during the last quarter. 38.28% of the stock is owned by hedge funds and other institutional investors.

AGNC Investment Trading Up 1.1 %

Shares of AGNC Investment stock opened at $10.35 on Tuesday. AGNC Investment Corp. has a 1 year low of $8.92 and a 1 year high of $10.85. 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 company has a market capitalization of $9.48 billion, a P/E ratio of 10.67 and a beta of 1.50. The company’s fifty day moving average is $10.01 and its two-hundred day moving average is $9.92.

AGNC Investment (NASDAQ:AGNC) last issued 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 return on equity of 21.92% and a net margin of 29.26%. Analysts forecast that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

The company also recently announced a mar 25 dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Monday, March 31st will be paid a $0.12 dividend. This represents a dividend yield of 14.1%. The ex-dividend date is Monday, March 31st. AGNC Investment’s dividend payout ratio (DPR) is presently 148.45%.

Insider Transactions at AGNC Investment

In other news, Director Frances Spark sold 5,000 shares of the firm’s stock in a transaction on Wednesday, February 5th. The shares were 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 owns 75,919 shares in the company, valued at approximately $766,781.90. This trade represents a 6.18 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Bernice Bell sold 13,000 shares of the firm’s stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $10.04, for a total transaction of $130,520.00. Following the completion of the sale, the chief financial officer now owns 372,226 shares of the company’s stock, valued at $3,737,149.04. This trade represents a 3.37 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.52% of the company’s stock.

Analyst Upgrades and Downgrades

AGNC has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods dropped their price objective on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating on the stock in a research report on Wednesday, January 29th. Argus raised shares of AGNC Investment to a “hold” rating in a research report on Tuesday, February 4th. JPMorgan Chase & Co. dropped their target price on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a research report on Monday, December 9th. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $11.00 target price on shares of AGNC Investment in a research report on Thursday, January 30th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target 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).