AGNC Investment Sees Unusually Large Options Volume (NASDAQ:AGNC)

AGNC Investment Corp. (NASDAQ:AGNC) was the recipient of unusually large options trading on Thursday. Stock traders bought 29,176 put options on the company. This is an increase of approximately 44% compared to the typical volume of 20,223 put options.

Analyst Ratings Changes

AGNC has been the subject of several research reports. StockNews.com assumed coverage on AGNC Investment in a research report on Thursday, August 17th. They set a “hold” rating for the company. JPMorgan Chase & Co. lowered their target price on shares of AGNC Investment from $11.00 to $10.50 in a research note on Monday, July 24th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $11.00 target price on shares of AGNC Investment in a research note on Wednesday, July 26th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $10.19.

Insider Buying and Selling

In other AGNC Investment news, EVP Bernice Bell sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, August 31st. The stock was sold at an average price of $9.93, for a total value of $49,650.00. Following the completion of the transaction, the executive vice president now directly owns 258,947 shares of the company’s stock, valued at $2,571,343.71. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, Director Morris A. Davis purchased 4,772 shares of the firm’s stock in a transaction on Thursday, July 27th. The stock was bought at an average cost of $10.48 per share, with a total value of $50,010.56. Following the completion of the acquisition, the director now owns 55,060 shares of the company’s stock, valued at approximately $577,028.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Bernice Bell sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, August 31st. The stock was sold at an average price of $9.93, for a total value of $49,650.00. Following the transaction, the executive vice president now directly owns 258,947 shares of the company’s stock, valued at $2,571,343.71. The disclosure for this sale can be found here. Corporate insiders own 0.52% of the company’s stock.

Institutional Trading of AGNC Investment

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AGNC. Coppell Advisory Solutions Corp. acquired a new position in AGNC Investment during the 4th quarter worth approximately $27,000. Coppell Advisory Solutions LLC bought a new position in AGNC Investment during the 2nd quarter worth $29,000. Fiduciary Alliance LLC bought a new position in AGNC Investment during the 2nd quarter worth $31,000. Private Trust Co. NA grew its stake in shares of AGNC Investment by 49.4% in the second quarter. Private Trust Co. NA now owns 3,025 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Huntington National Bank grew its stake in shares of AGNC Investment by 313,200.0% in the fourth quarter. Huntington National Bank now owns 3,133 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 3,132 shares in the last quarter. Hedge funds and other institutional investors own 38.86% of the company’s stock.

AGNC Investment Price Performance

AGNC Investment stock opened at $10.09 on Friday. AGNC Investment has a one year low of $7.30 and a one year high of $12.25. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.22 and a current ratio of 0.22. The business has a fifty day moving average of $9.94 and a two-hundred day moving average of $9.88. The company has a market cap of $6.12 billion, a P/E ratio of -38.81 and a beta of 1.23.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings results on Tuesday, July 25th. The real estate investment trust reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.09. AGNC Investment had a return on equity of 29.59% and a net margin of 1.96%. The business had revenue of $457.00 million during the quarter, compared to the consensus estimate of $342.01 million. During the same quarter in the previous year, the company posted $0.83 EPS. As a group, analysts predict that AGNC Investment will post 2.4 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently declared a sep 23 dividend, which will be paid on Wednesday, October 11th. Shareholders of record on Friday, September 29th will be issued a $0.12 dividend. AGNC Investment’s dividend payout ratio (DPR) is -553.85%.

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).