American Capital Agency Corp. (AGNC) reported quarterly earnings results on Monday, Apr-25-2016. The company reported $0.52 earnings per share for the quarter, missing the analyst consensus estimate by $-0.04. Analysts had a consensus of $0.56. Analysts expectations of $264.31 million. During the same quarter in the previous year, the company posted $0.46 EPS.
American Capital Agency Corp. closed down -0.02 points or -0.11% at $18.57 with 20,86,169 shares getting traded on Friday. Post opening the session at $18.63, the shares hit an intraday low of $18.45 and an intraday high of $18.6899 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
In a different news, on Apr 4, 2016, Christopher Kuehl (Senior VP) sold 6,177 shares at $18.42 per share price. According to the SEC, on Apr 4, 2016, Peter J Federico (SVP and Chief Risk Officer) sold 4,477 shares at $18.42 per share price. On Mar 18, 2016, Gary D Kain (President and CIO) sold 47,956 shares at $18.12 per share price, according to the Form-4 filing with the securities and exchange commission.
American Capital Agency Corp. operates as a real estate investment trust (REIT) in the United States. The Company’s income comes primarily from its investments in agency mortgage-backed securities (agency MBS). The Company’s investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) 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 a United States Government agency such as the Government National Mortgage Association (Ginnie Mae). It also invests in agency debenture securities issued by Freddie Mac Fannie Mae or the Federal Home Loan Bank and in other agency securities. The Company is externally managed by American Capital AGNC Management LLC an affiliate of American Capital Ltd.