Capital Advisors Inc. OK Sells 3,027 Shares of AGNC Investment Corp. $AGNC

Capital Advisors Inc. OK decreased its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 10.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 25,634 shares of the real estate investment trust’s stock after selling 3,027 shares during the period. Capital Advisors Inc. OK’s holdings in AGNC Investment were worth $236,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in AGNC. Wealth Enhancement Advisory Services LLC increased its holdings in AGNC Investment by 96.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 110,113 shares of the real estate investment trust’s stock valued at $1,014,000 after purchasing an additional 54,049 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of AGNC Investment by 1,315.5% in the 1st quarter. GAMMA Investing LLC now owns 27,744 shares of the real estate investment trust’s stock valued at $2,896,000 after acquiring an additional 25,784 shares during the last quarter. Rhumbline Advisers raised its position in shares of AGNC Investment by 6.5% in the 1st quarter. Rhumbline Advisers now owns 777,264 shares of the real estate investment trust’s stock valued at $7,446,000 after acquiring an additional 47,699 shares during the period. Wedmont Private Capital boosted its stake in AGNC Investment by 24.4% during the 1st quarter. Wedmont Private Capital now owns 52,785 shares of the real estate investment trust’s stock worth $506,000 after acquiring an additional 10,340 shares during the last quarter. Finally, Park Avenue Securities LLC grew its holdings in AGNC Investment by 12.5% during the first quarter. Park Avenue Securities LLC now owns 32,175 shares of the real estate investment trust’s stock valued at $308,000 after purchasing an additional 3,580 shares during the period. 38.28% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Paul E. Mullings sold 11,000 shares of the stock in a transaction on Friday, July 25th. The shares were sold at an average price of $9.61, for a total transaction of $105,710.00. Following the completion of the transaction, the director owned 128,511 shares in the company, valued at approximately $1,234,990.71. This represents a 7.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John D. Fisk sold 20,278 shares of the firm’s stock in a transaction on Monday, July 28th. The shares were sold at an average price of $9.65, for a total transaction of $195,682.70. Following the completion of the transaction, the director directly owned 112,685 shares of the company’s stock, valued at approximately $1,087,410.25. This trade represents a 15.25% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.42% of the company’s stock.

AGNC Investment Price Performance

Shares of NASDAQ AGNC opened at $9.88 on Tuesday. The company has a fifty day moving average price of $9.82 and a 200 day moving average price of $9.35. The firm has a market cap of $10.29 billion, a PE ratio of 29.06 and a beta of 1.32. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.01. AGNC Investment Corp. has a 1-year low of $7.85 and a 1-year high of $10.63.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings results on Monday, July 21st. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.04). The firm had revenue of $830.00 million during the quarter, compared to analyst estimates of $447.37 million. AGNC Investment had a net margin of 11.50% and a return on equity of 19.32%. During the same period in the prior year, the business earned $0.53 EPS. Research analysts predict that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently declared a sep 25 dividend, which will be paid on Thursday, October 9th. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a yield of 1,471.0%. AGNC Investment’s dividend payout ratio is 423.53%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Jones Trading reiterated a “buy” rating and issued a $9.50 target price on shares of AGNC Investment in a report on Tuesday, July 22nd. Keefe, Bruyette & Woods raised their price objective on AGNC Investment from $9.50 to $10.00 and gave the stock an “outperform” rating in a research note on Thursday, July 10th. Weiss Ratings reissued a “hold (c-)” rating on shares of AGNC Investment in a research note on Saturday, September 27th. Finally, UBS Group raised their price target on AGNC Investment from $9.50 to $9.75 and gave the stock a “neutral” rating in a research report on Wednesday, September 3rd. Five investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $9.63.

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).