AGNC Investment (NASDAQ:AGNC) Trading Up 0.3%

AGNC Investment Corp. (NASDAQ:AGNC) shot up 0.3% on Wednesday . The company traded as high as $9.55 and last traded at $9.55. 1,248,163 shares traded hands during trading, a decline of 89% from the average session volume of 11,740,749 shares. The stock had previously closed at $9.52.

Analyst Ratings Changes

Several analysts recently issued reports on AGNC shares. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a research note on Thursday, April 18th. Jonestrading decreased their price target on shares of AGNC Investment from $10.75 to $10.25 and set a “buy” rating on the stock in a research note on Tuesday, April 23rd. Keefe, Bruyette & Woods cut their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an “outperform” rating for the company in a report on Wednesday, April 24th. StockNews.com raised shares of AGNC Investment from a “sell” rating to a “hold” rating in a report on Tuesday, March 12th. Finally, Compass Point initiated coverage on AGNC Investment in a research report on Tuesday, February 20th. They set a “buy” rating and a $10.25 price target on the stock. Four 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, the stock has an average rating of “Moderate Buy” and a consensus price target of $9.79.

AGNC Investment Trading Up 0.1 %

The firm’s 50-day simple moving average is $9.52 and its 200 day simple moving average is $9.30. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.26 and a quick ratio of 0.26. The firm has a market capitalization of $6.62 billion, a price-to-earnings ratio of 10.49 and a beta of 1.45.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings data on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.02. The business had revenue of $642.00 million for the quarter, compared to analyst estimates of $568.38 million. AGNC Investment had a return on equity of 27.92% and a net margin of 32.12%. During the same period last year, the firm posted $0.70 earnings per share. Equities analysts expect that AGNC Investment Corp. will post 2.1 earnings per share for the current year.

AGNC Investment Dividend Announcement

The business also recently disclosed a apr 24 dividend, which will be paid on Thursday, May 9th. Investors of record on Tuesday, April 30th will be given a dividend of $0.12 per share. This represents a yield of 15.4%. The ex-dividend date is Monday, April 29th. AGNC Investment’s dividend payout ratio is 158.24%.

Insider Buying and Selling at AGNC Investment

In other news, Director Frances Spark sold 5,000 shares of the company’s stock in a transaction on Wednesday, April 24th. The shares were sold at an average price of $9.35, for a total transaction of $46,750.00. Following the completion of the transaction, the director now directly owns 75,545 shares in the company, valued at $706,345.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Frances Spark sold 5,000 shares of the business’s stock in a transaction dated Wednesday, April 24th. The stock was sold at an average price of $9.35, for a total transaction of $46,750.00. Following the sale, the director now directly owns 75,545 shares in the company, valued at $706,345.75. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Paul E. Mullings sold 5,400 shares of the firm’s stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $9.40, for a total transaction of $50,760.00. Following the completion of the transaction, the director now owns 111,827 shares of the company’s stock, valued at approximately $1,051,173.80. The disclosure for this sale can be found here. Insiders have sold 15,900 shares of company stock worth $149,030 over the last quarter. Corporate insiders own 0.43% of the company’s stock.

Institutional Trading of AGNC Investment

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. SG Americas Securities LLC grew its position in shares of AGNC Investment by 136.4% in the 3rd quarter. SG Americas Securities LLC now owns 27,950 shares of the real estate investment trust’s stock valued at $264,000 after buying an additional 16,125 shares during the last quarter. Xponance Inc. boosted its holdings in AGNC Investment by 71.9% in the third quarter. Xponance Inc. now owns 34,191 shares of the real estate investment trust’s stock valued at $323,000 after acquiring an additional 14,304 shares during the last quarter. Raymond James & Associates increased its position in AGNC Investment by 1.1% during the 3rd quarter. Raymond James & Associates now owns 1,078,421 shares of the real estate investment trust’s stock valued at $10,180,000 after purchasing an additional 11,459 shares during the period. J.W. Cole Advisors Inc. bought a new position in AGNC Investment during the 3rd quarter worth approximately $104,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of AGNC Investment by 20.3% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 116,115 shares of the real estate investment trust’s stock worth $1,096,000 after purchasing an additional 19,599 shares during the period. 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).