On April 14, 2023 at 11:42:05 ET an unusually large $404.25K block of Put contracts in AGNC Investment (AGNC) was sold, with a strike price of $9.00 / share, expiring in 63 day(s) (on June 16, 2023). Fintel tracks all large options trades, and the premium spent on this trade was 5.29 sigmas above the mean, placing it in the 100.00th percentile of all recent large trades made in AGNC options.
This trade was first picked up on Fintel's real time Unusual Option Trades tool, where unusual option trades are highlighted.
What is the Fund Sentiment?
There are 711 funds or institutions reporting positions in AGNC Investment.
This is an increase
of
2
owner(s) or 0.28% in the last quarter.
Average portfolio weight of all funds dedicated to AGNC is 0.21%,
a decrease
of 14.90%.
Total shares owned by institutions increased
in the last three months by 7.47% to 291,725K shares.
The put/call ratio of AGNC is 1.64, indicating a
bearish
outlook.
Analyst Price Forecast Suggests 15.59% Upside
As of April 6, 2023, the average one-year price target for AGNC Investment is $11.63. The forecasts range from a low of $10.10 to a high of $12.60. The average price target represents an increase of 15.59% from its latest reported closing price of $10.06.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for AGNC Investment is $1,536MM. The projected annual non-GAAP EPS is $2.39.
What are Other Shareholders Doing?
Principal Financial Group holds 55K shares representing 0.01% ownership of the company. In it's prior filing, the firm reported owning 58K shares, representing a decrease of 5.00%. The firm decreased its portfolio allocation in AGNC by 39.97% over the last quarter.
SLGFX - SIMT Large Cap Index Fund Class F holds 16K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 14K shares, representing an increase of 12.16%. The firm increased its portfolio allocation in AGNC by 30.11% over the last quarter.
Centaurus Financial holds 42K shares representing 0.01% ownership of the company. In it's prior filing, the firm reported owning 34K shares, representing an increase of 19.37%. The firm decreased its portfolio allocation in AGNC by 99.85% over the last quarter.
Tompkins Financial holds 7K shares representing 0.00% ownership of the company. No change in the last quarter.
HYIN - WisdomTree Alternative Income Fund N holds 26K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 25K shares, representing an increase of 3.68%. The firm decreased its portfolio allocation in AGNC by 13.71% over the last quarter.
AGNC Investment Declares $0.12 Dividend
On April 12, 2023 the company declared a regular monthly dividend of $0.12 per share ($1.44 annualized). Shareholders of record as of April 28, 2023 will receive the payment on May 9, 2023. Previously, the company paid $0.12 per share.
At the current share price of $10.06 / share, the stock's dividend yield is 14.31%. Looking back five years and taking a sample every week, the average dividend yield has been 11.27%, the lowest has been 7.71%, and the highest has been 19.55%. The standard deviation of yields is 2.09 (n=237).
The current dividend yield is 1.46 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is -0.70. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company has not increased its dividend in the last three years.
AGNC Investment Background Information
(This description is provided by the company.)
AGNC Investment Corp. is an internally-managed real estate investment trust that invests primarily in residential mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S. Government-sponsored enterprise or a U.S. Government agency.
See all AGNC Investment regulatory filings.This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
