AGNC Investment (NASDAQ:AGNC) Trading Up 1.1%

AGNC Investment Corp. (NASDAQ:AGNC)’s share price was up 1.1% during mid-day trading on Friday . The stock traded as high as $9.91 and last traded at $9.90. Approximately 10,238,191 shares were traded during trading, a decline of 1% from the average daily volume of 10,332,462 shares. The stock had previously closed at $9.79.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on AGNC shares. StockNews.com raised shares of AGNC Investment from a “sell” rating to a “hold” rating in a report on Tuesday, March 12th. Compass Point started coverage on shares of AGNC Investment in a report on Tuesday, February 20th. They set a “buy” rating and a $10.25 target price for the company. Jonestrading assumed coverage on shares of AGNC Investment in a report on Friday, March 22nd. They set a “buy” rating and a $10.75 target price for the company. Barclays lifted their price objective on shares of AGNC Investment from $8.00 to $9.00 and gave the company an “equal weight” rating in a report on Monday, January 22nd. Finally, 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. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, AGNC Investment has a consensus rating of “Moderate Buy” and a consensus price target of $10.06.

AGNC Investment Stock Up 1.1 %

The firm has a market cap of $6.88 billion, a PE ratio of 990.99 and a beta of 1.45. The business’s 50 day moving average price is $9.61 and its 200 day moving average price is $9.29. 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 released its earnings results on Monday, January 29th. The real estate investment trust reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.11. The business had revenue of $640.00 million during the quarter, compared to analysts’ expectations of $570.42 million. AGNC Investment had a net margin of 7.59% and a return on equity of 28.02%. During the same quarter in the previous year, the company earned $0.74 earnings per share. On average, equities research analysts expect that AGNC Investment Corp. will post 2.16 earnings per share for the current year.

AGNC Investment Announces Dividend

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

Insider Buying and Selling

In related news, CFO Bernice Bell sold 10,000 shares of the business’s stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $9.85, for a total transaction of $98,500.00. Following the transaction, 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 document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.52% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On AGNC Investment

Institutional investors and hedge funds have recently bought and sold shares of the business. Citigroup Inc. boosted its position in AGNC Investment by 103.2% during the third quarter. Citigroup Inc. now owns 185,721 shares of the real estate investment trust’s stock worth $1,753,000 after acquiring an additional 94,332 shares during the last quarter. Van ECK Associates Corp boosted its holdings in AGNC Investment by 4.7% in the 3rd quarter. Van ECK Associates Corp now owns 1,752,044 shares of the real estate investment trust’s stock valued at $16,539,000 after purchasing an additional 78,253 shares during the last quarter. Stifel Financial Corp boosted its holdings in AGNC Investment by 48.0% in the 3rd quarter. Stifel Financial Corp now owns 451,460 shares of the real estate investment trust’s stock valued at $4,262,000 after purchasing an additional 146,406 shares during the last quarter. QRG Capital Management Inc. acquired a new position in AGNC Investment in the 3rd quarter valued at about $3,655,000. Finally, Barclays PLC boosted its holdings in AGNC Investment by 75.1% in the 2nd quarter. Barclays PLC now owns 1,477,021 shares of the real estate investment trust’s stock valued at $14,962,000 after purchasing an additional 633,425 shares during the last quarter. 38.28% of the stock is currently owned by institutional investors and hedge funds.

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).