The American Capital Agency Corp. (AGNC) Plans Oct 16 Dividend of $0.18

The American Capital Agency Corp. (AGNC) Plans Oct 16 Dividend of $0.18

American Capital Agency Corp. (NASDAQ:AGNC) announced a oct 16 dividend on Wednesday, October 12th. Shareholders of record on Monday, October 31st will be paid a dividend of 0.18 per share by the real estate investment trust on Tuesday, November 8th. The ex-dividend date of this dividend is Thursday, October 27th.

Shares of American Capital Agency Corp. (NASDAQ:AGNC) opened at 19.24 on Thursday. The firm’s market cap is $6.37 billion. American Capital Agency Corp. has a 52 week low of $15.69 and a 52 week high of $20.10. The firm’s 50 day moving average is $19.42 and its 200-day moving average is $19.20.

American Capital Agency Corp. (NASDAQ:AGNC) last announced its earnings results on Wednesday, July 27th. The real estate investment trust reported $0.73 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.22. American Capital Agency Corp. had a negative net margin of 103.59% and a positive return on equity of 9.64%. During the same quarter last year, the business earned $0.60 EPS.

In other news, CFO Peter J. Federico sold 1,643 shares of the company’s stock in a transaction that occurred on Friday, August 26th. The shares were sold at an average price of $19.76, for a total value of $32,465.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gary D. Kain sold 3,931 shares of the company’s stock in a transaction that occurred on Friday, August 26th. The shares were sold at an average price of $19.76, for a total transaction of $77,676.56. The disclosure for this sale can be found here. 0.21% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Investment Management LLC boosted its position in American Capital Agency Corp. by 11.4% in the second quarter. BlackRock Investment Management LLC now owns 197,855 shares of the real estate investment trust’s stock valued at $3,921,000 after buying an additional 20,248 shares during the period. BlackRock Inc. boosted its position in American Capital Agency Corp. by 24.6% in the second quarter. BlackRock Inc. now owns 528,763 shares of the real estate investment trust’s stock valued at $10,480,000 after buying an additional 104,252 shares during the period. BlackRock Fund Advisors boosted its position in American Capital Agency Corp. by 16.0% in the second quarter. BlackRock Fund Advisors now owns 16,466,537 shares of the real estate investment trust’s stock valued at $326,367,000 after buying an additional 2,268,419 shares during the period. BlackRock Institutional Trust Company N.A. boosted its position in American Capital Agency Corp. by 4.5% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 9,732,237 shares of the real estate investment trust’s stock valued at $192,893,000 after buying an additional 423,433 shares during the period. Finally, US Bancorp DE boosted its position in shares of American Capital Agency Corp. by 5.3% in the second quarter. US Bancorp DE now owns 36,232 shares of the real estate investment trust’s stock valued at $718,000 after buying an additional 1,812 shares during the last quarter. Institutional investors own 59.78% of the company’s stock.

AGNC has been the topic of a number of research reports. Zacks Investment Research upgraded shares of American Capital Agency Corp. from a “hold” rating to a “buy” rating and set a $22.00 target price on the stock in a research report on Wednesday, September 28th. JPMorgan Chase & Co. reiterated a “hold” rating and set a $20.00 target price on shares of American Capital Agency Corp. in a research report on Friday, July 29th. Nomura lowered shares of American Capital Agency Corp. from a “buy” rating to a “neutral” rating and set a $21.00 target price on the stock. in a research report on Friday, July 8th. Vetr upgraded shares of American Capital Agency Corp. from a “hold” rating to a “buy” rating and set a $19.53 target price on the stock in a research report on Thursday, October 6th. Finally, Bank of America Corp. raised shares of American Capital Agency Corp. from an “underperform” rating to a “neutral” rating in a research note on Wednesday, June 29th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $20.64.

American Capital Agency Corp. Company Profile

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