2 weeks Ago By ABMN Staff
AGNC Investment Corp. ( NASDAQ:AGNC – Get Free Report ) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totalling 41,250,000 shares, a decline of 8.
3% from the August 31st total of 45,000,000 shares. Based on an average trading volume of 15,390,000 shares, the days-to-cover ratio is presently 2.7 days.
Insider Activity In other AGNC Investment news, CFO Bernice Bell sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $9.97, for a total value of $49,850.
00. Following the sale, the chief financial officer now owns 308,182 shares in the company, valued at $3,072,574.54.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website . Corporate insiders own 0.52% of the company’s stock.
Institutional Investors Weigh In On AGNC Investment A number of institutional investors have recently modified their holdings of AGNC. Virtu Financial LLC purchased a new stake in shares of AGNC Investment during the fourth quarter worth $717,000. Norden Group LLC grew its stake in shares of AGNC Investment by 985.
9% in the 1st quarter. Norden Group LLC now owns 185,562 shares of the real estate investment trust’s stock valued at $1,837,000 after buying an additional 168,473 shares in the last quarter. Fermata Advisors LLC increased its holdings in AGNC Investment by 53.
0% in the first quarter. Fermata Advisors LLC now owns 23,213 shares of the real estate investment trust’s stock worth $230,000 after buying an additional 8,039 shares during the last quarter. B.
Riley Wealth Advisors Inc. lifted its stake in AGNC Investment by 339.7% in the fourth quarter.
B. Riley Wealth Advisors Inc. now owns 133,230 shares of the real estate investment trust’s stock valued at $1,323,000 after acquiring an additional 102,933 shares during the last quarter.
Finally, Vanguard Group Inc. raised its holdings in shares of AGNC Investment by 3.7% during the 1st quarter.
Vanguard Group Inc. now owns 65,735,466 shares of the real estate investment trust’s stock valued at $650,781,000 after purchasing an additional 2,368,658 shares in the last quarter. Institutional investors and hedge funds own 38.
28% of the company’s stock. Analysts Set New Price Targets Read Our Latest Research Report on AGNC AGNC Investment Stock Performance Shares of AGNC Investment stock opened at $10.53 on Monday.
The stock has a market cap of $7.65 billion, a PE ratio of 11.57 and a beta of 1.
47. AGNC Investment has a 12 month low of $6.81 and a 12 month high of $10.
85. The company has a quick ratio of 0.27, a current ratio of 0.
27 and a debt-to-equity ratio of 0.01. The business has a fifty day simple moving average of $10.
20 and a 200-day simple moving average of $9.85. AGNC Investment ( NASDAQ:AGNC – Get Free Report ) last released its earnings results on Monday, July 22nd.
The real estate investment trust reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.
01). The business had revenue of $695.00 million for the quarter, compared to analysts’ expectations of $643.
29 million. AGNC Investment had a net margin of 16.15% and a return on equity of 26.
21%. The company’s revenue was up 52.1% compared to the same quarter last year.
During the same period last year, the firm earned $0.67 EPS. On average, sell-side analysts anticipate that AGNC Investment will post 2.
11 EPS for the current fiscal year. AGNC Investment Dividend Announcement The business also recently announced a monthly dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Monday, September 30th will be given a $0.
12 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a $1.
44 dividend on an annualized basis and a yield of 13.68%. AGNC Investment’s payout ratio is 158.
24%. AGNC Investment Company Profile ( Get Free Report ) 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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