AGNC Investment Corp. (NASDAQ:AGNC) Shares Sold by Cozad Asset Management Inc.

Cozad Asset Management Inc. trimmed its holdings in AGNC Investment Corp. (NASDAQ:AGNC) by 30.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 96,164 shares of the real estate investment trust’s stock after selling 41,739 shares during the quarter. Cozad Asset Management Inc.’s holdings in AGNC Investment were worth $886,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Financial Life Planners acquired a new stake in AGNC Investment during the fourth quarter valued at approximately $28,000. Point72 Asset Management L.P. acquired a new stake in shares of AGNC Investment during the 3rd quarter valued at $32,000. Spire Wealth Management lifted its position in shares of AGNC Investment by 94.5% during the 4th 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 last quarter. Strategic Financial Concepts LLC grew its holdings in shares of AGNC Investment by 775.6% in the 4th quarter. Strategic Financial Concepts LLC now owns 581,569 shares of the real estate investment trust’s stock worth $54,000 after acquiring an additional 515,148 shares during the last quarter. Finally, Huntington National Bank raised its position in shares of AGNC Investment by 105.7% during the third quarter. Huntington National Bank now owns 6,705 shares of the real estate investment trust’s stock worth $70,000 after purchasing an additional 3,445 shares during the period. Institutional investors own 38.28% of the company’s stock.

Insider Activity at AGNC Investment

In related news, Director Frances Spark sold 5,000 shares of the company’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 sale, the director now owns 75,919 shares of the company’s stock, valued at $766,781.90. The trade was a 6.18 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Bernice Bell sold 13,000 shares of the 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 completion of the transaction, the chief financial officer now directly 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. 0.52% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

AGNC has been the subject of a number of recent analyst reports. StockNews.com upgraded AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, February 25th. Royal Bank of Canada reiterated an “outperform” rating and set a $11.00 price objective on shares of AGNC Investment in a research report on Thursday, January 30th. Argus upgraded shares of AGNC Investment to a “hold” rating in a research note on Tuesday, February 4th. Wells Fargo & Company cut their price target on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Finally, Keefe, Bruyette & Woods dropped their price target 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. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, AGNC Investment presently has a consensus rating of “Moderate Buy” and an average price target of $10.50.

AGNC Investment Price Performance

Shares of AGNC Investment stock opened at $10.35 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23. The company has a market cap of $9.48 billion, a PE ratio of 10.67 and a beta of 1.50. The firm has a fifty day moving average price of $10.01 and a two-hundred day moving average price of $9.92. AGNC Investment Corp. has a fifty-two week low of $8.92 and a fifty-two week high of $10.85.

AGNC Investment (NASDAQ:AGNC) last released its 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 net margin of 29.26% and a return on equity of 21.92%. Analysts expect that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

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

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).