Sonora Investment Management Group LLC Sells 2,000 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Sonora Investment Management Group LLC lessened its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 11.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,054 shares of the real estate investment trust’s stock after selling 2,000 shares during the quarter. Sonora Investment Management Group LLC’s holdings in AGNC Investment were worth $148,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Riverview Trust Co bought a new position in shares of AGNC Investment during the 3rd quarter worth approximately $25,000. Point72 Asset Management L.P. bought a new position in shares of AGNC Investment during the 3rd quarter worth approximately $32,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of AGNC Investment by 52.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 1,255 shares in the last quarter. Blue Trust Inc. raised its stake in shares of AGNC Investment by 315.9% during the 3rd quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 2,966 shares in the last quarter. Finally, Quarry LP raised its stake in shares of AGNC Investment by 75.6% during the 2nd quarter. Quarry LP now owns 5,285 shares of the real estate investment trust’s stock worth $50,000 after acquiring an additional 2,275 shares in the last quarter. Institutional investors own 38.28% of the company’s stock.

AGNC Investment Stock Performance

Shares of NASDAQ AGNC opened at $9.97 on Friday. The company’s fifty day moving average price is $9.53 and its 200 day moving average price is $9.89. AGNC Investment Corp. has a 1 year low of $8.92 and a 1 year high of $10.85. The company has a market capitalization of $8.83 billion, a PE ratio of 10.28 and a beta of 1.47. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (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%. On average, research analysts predict that AGNC Investment Corp. will post 1.63 earnings per share for the current year.

AGNC Investment Announces Dividend

The business also recently disclosed a jan 25 dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be issued a dividend of $0.12 per share. This represents a yield of 15.5%. The ex-dividend date of this dividend is Friday, January 31st. AGNC Investment’s payout ratio is 148.46%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on AGNC. Royal Bank of Canada reiterated an “outperform” rating and set a $11.00 price objective on shares of AGNC Investment in a research note on Thursday. Keefe, Bruyette & Woods cut 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 note on Wednesday. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a research note on Thursday, January 23rd. JPMorgan Chase & Co. cut their price target on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a research note on Monday, December 9th. Finally, StockNews.com lowered shares of AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday, October 19th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock 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).