In this video, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss American Capital Agency's (AGNC +1.54%) decision to sell up to 57.5 million common shares, worth approximately $1.8 billion. Matt tells us that when you look at a mortgage REIT, the only way it differentiates itself from the competition is through the competence of its management. Though a move like this does return capital to shareholders, as the company recently bought back shares in November at a premium to what they are selling these shares for now, a transaction like this isn't free. The loss American Capital is going to take on this sale has to make investors wonder if management is really making the best decisions for the company.
American Capital Agency: Yes, This Is Concerning
By Matt Koppenheffer and David Hanson – Mar 1, 2013 at 4:31PM
NASDAQ: AGNC
AGNC Investment Corp.
Market Cap
$11B
Today's Change
(1.54%) $0.16
Current Price
$10.44
Price as of November 26, 2025 at 4:00 PM ET
This move by American Capital Agency can't possibly be good news.
About the Author
Matt Koppenheffer is the former Head of the Coverage Team at The Motley Fool. He was a full-time Motley Fool employee from 2012-2025 and is a former advisor and analyst for multiple Motley Fool services. Matt's articles and analysis have been published around the world and his views have been cited in worldwide publications from the Financial Times and The New York Times to the Toronto Star and Germany's Focus Money. He has appeared to offer analysis on a variety of outlets including CNBC and NPR. Matt is the co-author of The Astonishing Collapse of MF Global as well as the creator and former co-host of The Motley Fool's Industry Focus podcast.