AGNC Investment (NASDAQ:AGNC) Trading Down 0.2%

AGNC Investment Corp. (NASDAQ:AGNC) dropped 0.2% during trading on Tuesday . The company traded as low as $9.82 and last traded at $9.84. Approximately 2,129,434 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 12,008,352 shares. The stock had previously closed at $9.86.

Analyst Ratings Changes

Several equities analysts recently commented on AGNC shares. Barclays upped their price target on shares of AGNC Investment from $8.00 to $9.00 and gave the company an “equal weight” rating in a research note on Monday, January 22nd. StockNews.com upgraded shares of AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, March 12th. Jonestrading started coverage on AGNC Investment in a research report on Friday, March 22nd. They set a “buy” rating and a $10.75 price target on the stock. UBS Group reaffirmed a “neutral” rating and issued a $9.00 price objective on shares of AGNC Investment in a report on Wednesday, December 6th. Finally, Compass Point assumed coverage on AGNC Investment in a research note on Tuesday, February 20th. They issued a “buy” rating and a $10.25 price target on the stock. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $10.06.

AGNC Investment Stock Up 0.5 %

The company has a 50 day moving average price of $9.61 and a 200-day moving average price of $9.28. The stock has a market capitalization of $6.80 billion, a PE ratio of 979.98 and a beta of 1.45. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.26 and a quick ratio of 0.26.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings data on Monday, January 29th. The real estate investment trust reported $0.60 EPS for the quarter, topping the consensus estimate of $0.49 by $0.11. AGNC Investment had a net margin of 7.59% and a return on equity of 28.02%. The business had revenue of $640.00 million during the quarter, compared to analyst estimates of $570.42 million. During the same period in the prior year, the business earned $0.74 EPS. As a group, analysts forecast that AGNC Investment Corp. will post 2.16 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The company also recently disclosed a mar 24 dividend, which will be paid on Tuesday, April 9th. Shareholders of record on Friday, March 29th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a yield of 14.8%. AGNC Investment’s payout ratio is 14,414.41%.

Insider Transactions at AGNC Investment

In related news, CFO Bernice Bell sold 10,000 shares of AGNC Investment stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $9.85, for a total transaction of $98,500.00. Following the sale, the chief financial officer now directly owns 287,282 shares in the company, valued at $2,829,727.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.52% of the company’s stock.

Institutional Investors Weigh In On AGNC Investment

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Raymond James Financial Services Advisors Inc. grew its stake in shares of AGNC Investment by 50.5% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 46,983 shares of the real estate investment trust’s stock worth $615,000 after buying an additional 15,758 shares during the last quarter. US Bancorp DE increased its holdings in shares of AGNC Investment by 68.9% during the first quarter. US Bancorp DE now owns 29,371 shares of the real estate investment trust’s stock valued at $385,000 after acquiring an additional 11,982 shares in the last quarter. MetLife Investment Management LLC purchased a new position in shares of AGNC Investment in the 1st quarter worth about $137,000. Yousif Capital Management LLC boosted its stake in AGNC Investment by 5.2% in the 1st quarter. Yousif Capital Management LLC now owns 36,096 shares of the real estate investment trust’s stock worth $473,000 after purchasing an additional 1,775 shares in the last quarter. Finally, Sei Investments Co. lifted its stake in shares of AGNC Investment by 2.3% in the first quarter. Sei Investments Co. now owns 517,988 shares of the real estate investment trust’s stock worth $6,757,000 after buying an additional 11,711 shares in the last quarter. Hedge funds and other institutional investors own 38.28% of the company’s stock.

AGNC Investment Company Profile

AGNC Investment Corp., formerly American Capital Agency Corp., is a real estate investment trust. The Company invests in agency residential mortgage-backed securities on a leveraged basis. Its investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) for which the principal and interest payments are 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 the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively, GSEs).