Huntington National Bank Has $33,000 Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Huntington National Bank decreased its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 46.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 3,602 shares of the real estate investment trust’s stock after selling 3,103 shares during the period. Huntington National Bank’s holdings in AGNC Investment were worth $33,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Financial Life Planners bought a new stake in AGNC Investment during the fourth quarter worth approximately $28,000. Point72 Asset Management L.P. bought a new stake in shares of AGNC Investment during the 3rd quarter worth $32,000. National Bank of Canada FI boosted its holdings in shares of AGNC Investment by 112.7% during the 4th quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 1,832 shares during the period. Spire Wealth Management grew its stake in AGNC Investment by 94.5% in the 4th quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 1,972 shares during the last quarter. Finally, Front Row Advisors LLC lifted its position in AGNC Investment by 75.0% during the 4th quarter. Front Row Advisors LLC now owns 7,000 shares of the real estate investment trust’s stock worth $65,000 after acquiring an additional 3,000 shares during the last quarter. 38.28% of the stock is owned by institutional investors.

Insider Activity at AGNC Investment

In other AGNC Investment news, CFO Bernice Bell sold 13,000 shares of AGNC Investment stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $10.04, for a total value of $130,520.00. Following the completion of the transaction, the chief financial officer now owns 372,226 shares in the company, valued at approximately $3,737,149.04. The trade was a 3.37 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Frances Spark sold 5,000 shares of the stock in a transaction on Wednesday, February 5th. The stock was 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 in the company, valued at $766,781.90. The trade was a 6.18 % decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is currently owned by insiders.

AGNC Investment Price Performance

Shares of AGNC Investment stock opened at $8.66 on Tuesday. AGNC Investment Corp. has a twelve month low of $8.50 and a twelve month high of $10.85. 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 firm has a market cap of $7.93 billion, a P/E ratio of 8.93 and a beta of 1.32. The firm’s 50-day simple moving average is $10.09 and its 200-day simple moving average is $9.86.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings data 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%. As a group, research analysts expect that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently announced a mar 25 dividend, which will be paid on Wednesday, April 9th. Investors 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 (DPR) is currently 148.45%.

Analyst Upgrades and Downgrades

AGNC has been the topic of several research analyst reports. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $11.00 price target on shares of AGNC Investment in a research report on Thursday, January 30th. Wells Fargo & Company dropped their price target on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. JPMorgan Chase & Co. dropped their target price on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a research report on Monday, December 9th. Finally, Argus raised shares of AGNC Investment to a “hold” rating in a report on Tuesday, February 4th. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $10.50.

About AGNC Investment

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).