American Capital Agency Corp (AGNC): Peter J Federico , SVP and Chief Risk Officer of American Capital Agency Corp sold 11 shares on Jun 28, 2016. The Insider selling transaction was reported by the company on Jun 29, 2016 to the Securities and Exchange Commission. The shares were sold at $19.43 per share for a total value of $213.73 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 13, 2016, Peter J Federico (SVP and Chief Risk Officer) sold 975 shares at $18.80 per share price.On Jun 6, 2016, Morris A. Davis (director) sold 3,323 shares at $19.00 per share price.Also, On Apr 4, 2016, Christopher Kuehl (Senior VP) sold 6,177 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.
Shares of American Capital Agency Corp. (AGNC) ended Monday, Jun 27, 2016 session in red amid volatile trading. The shares closed down -0.16 points or -0.82% at $19.33 with 58,37,405 shares getting traded. Post opening the session at $19.51, the shares hit an intraday low of $19.1 and an intraday high of $19.58 and the price vacillated in this range throughout the day. The company has a market cap of $6,398 M and the number of outstanding shares has been calculated to be 33,09,99,540 shares. The 52-week high of American Capital Agency Corp. is $20.08 and the 52-week low is $15.69.
Company has been under the radar of several Street Analysts.American Capital Agency Corp. is Upgraded by BofA/Merrill to Neutral. Earlier the firm had a rating of Underperform on the company shares. The Rating was issued on Jun 29, 2016.American Capital Agency Corp. is Upgraded by Wunderlich to Buy and the brokerage firm has raised the Price Target to $ 23 from a previous price target of $19.50 .Earlier the firm had a rating of Hold on the company shares. The Rating was issued on May 23, 2016.American Capital Agency Corp. is Reiterated by RBC Capital Mkts to Outperform while Lowering the Price Target of the company shares to $ 22 from a previous price target of $23 . The Rating was issued on Apr 27, 2016.American Capital Agency Corp. is Reiterated by Maxim Group to Buy while Lowering the Price Target of the company shares to $ 22 from a previous price target of $23 . The Rating was issued on Apr 27, 2016.
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.