Avantax Planning Partners Inc. Has $139,000 Stock Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Avantax Planning Partners Inc. lessened its holdings in AGNC Investment Corp. (NASDAQ:AGNC) by 17.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,131 shares of the real estate investment trust’s stock after selling 3,138 shares during the period. Avantax Planning Partners Inc.’s holdings in AGNC Investment were worth $139,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Janney Montgomery Scott LLC acquired a new stake in AGNC Investment during the third quarter valued at $2,025,000. Atria Investments Inc boosted its position in AGNC Investment by 5.4% during the third quarter. Atria Investments Inc now owns 30,506 shares of the real estate investment trust’s stock valued at $319,000 after purchasing an additional 1,564 shares during the last quarter. Sigma Planning Corp boosted its position in AGNC Investment by 6.3% during the third quarter. Sigma Planning Corp now owns 121,769 shares of the real estate investment trust’s stock valued at $1,274,000 after purchasing an additional 7,222 shares during the last quarter. Harbour Investments Inc. boosted its position in AGNC Investment by 4.2% during the third quarter. Harbour Investments Inc. now owns 34,618 shares of the real estate investment trust’s stock valued at $362,000 after purchasing an additional 1,391 shares during the last quarter. Finally, GSA Capital Partners LLP boosted its position in AGNC Investment by 89.6% during the third quarter. GSA Capital Partners LLP now owns 81,877 shares of the real estate investment trust’s stock valued at $856,000 after purchasing an additional 38,695 shares during the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.

Insider Transactions at AGNC Investment

In related news, CFO Bernice Bell sold 13,000 shares of the business’s stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $10.04, for a total transaction of $130,520.00. Following the transaction, the chief financial officer now directly owns 372,226 shares in the company, valued at $3,737,149.04. The trade was a 3.37 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Frances Spark sold 5,000 shares of the business’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total value of $50,500.00. Following the transaction, the director now owns 75,919 shares in the company, valued at $766,781.90. This represents a 6.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.52% of the stock is currently owned by corporate insiders.

AGNC Investment Trading Up 0.7 %

AGNC Investment stock opened at $10.09 on Thursday. 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 business’s 50-day simple moving average is $9.94 and its 200-day simple moving average is $9.93. The firm has a market capitalization of $9.24 billion, a PE ratio of 10.40 and a beta of 1.50. AGNC Investment Corp. has a 52 week low of $8.92 and a 52 week high of $10.85.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. Equities research analysts forecast that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Announces Dividend

The firm also recently disclosed a feb 25 dividend, which was paid on Tuesday, March 11th. Stockholders of record on Friday, February 28th were paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a dividend yield of 13.8%. AGNC Investment’s payout ratio is presently 148.45%.

Analyst Ratings Changes

A number of analysts recently issued reports on AGNC shares. Royal Bank of Canada reissued an “outperform” rating and set a $11.00 price objective on shares of AGNC Investment in a research report on Thursday, January 30th. Keefe, Bruyette & Woods reduced their price objective 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. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Wells Fargo & Company reduced their price target on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Finally, StockNews.com raised AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, February 25th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus 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).