AGNC Investment (NASDAQ:AGNC) Shares Down 0.4%

AGNC Investment Corp. (NASDAQ:AGNC) fell 0.4% during mid-day trading on Friday . The company traded as low as $9.32 and last traded at $9.35. 2,302,731 shares traded hands during trading, a decline of 80% from the average session volume of 11,633,438 shares. The stock had previously closed at $9.39.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on AGNC. Compass Point began coverage on shares of AGNC Investment in a report on Tuesday, February 20th. They set a “buy” rating and a $10.25 price target for the company. StockNews.com upgraded shares of AGNC Investment from a “sell” rating to a “hold” rating in a report on Tuesday, March 12th. Jonestrading began coverage on shares of AGNC Investment in a report on Friday, March 22nd. They set a “buy” rating and a $10.75 price target for the company. Barclays raised their price target on shares of AGNC Investment from $8.00 to $9.00 and gave the stock an “equal weight” rating in a report on Monday, January 22nd. Finally, Royal Bank of Canada cut their price target on shares of AGNC Investment from $11.00 to $10.00 and set an “outperform” rating for the company in a report on Thursday, January 25th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, AGNC Investment presently has a consensus rating of “Moderate Buy” and a consensus target price of $9.93.

AGNC Investment Price Performance

The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.26 and a current ratio of 0.26. The stock has a market cap of $6.47 billion, a PE ratio of 931.93 and a beta of 1.45. The stock’s 50-day moving average is $9.59 and its two-hundred day moving average is $9.26.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings data on Monday, January 29th. The real estate investment trust reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.11. AGNC Investment had a net margin of 7.59% and a return on equity of 28.02%. The firm had revenue of $640.00 million during the quarter, compared to analysts’ expectations of $570.42 million. During the same quarter last year, the company posted $0.74 EPS. On average, equities analysts predict that AGNC Investment Corp. will post 2.16 earnings per share for the current year.

AGNC Investment Dividend Announcement

The firm also recently declared a apr 24 dividend, which will be paid on Thursday, May 9th. Shareholders of record on Tuesday, April 30th will be given a $0.12 dividend. The ex-dividend date is Monday, April 29th. This represents a yield of 15.4%. AGNC Investment’s dividend payout ratio is presently 14,414.41%.

Insider Buying and Selling at AGNC Investment

In other AGNC Investment news, CFO Bernice Bell sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $9.85, for a total value of $98,500.00. Following the completion of the transaction, the chief financial officer now owns 287,282 shares of the company’s stock, valued at approximately $2,829,727.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.52% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On AGNC Investment

Institutional investors have recently modified their holdings of the company. Vaughan Nelson Investment Management L.P. purchased a new stake in shares of AGNC Investment during the 4th quarter worth $38,593,000. Citigroup Inc. lifted its position in shares of AGNC Investment by 103.2% during the 3rd quarter. Citigroup Inc. now owns 185,721 shares of the real estate investment trust’s stock worth $1,753,000 after purchasing an additional 94,332 shares during the last quarter. Van ECK Associates Corp lifted its position in shares of AGNC Investment by 4.7% during the 3rd quarter. Van ECK Associates Corp now owns 1,752,044 shares of the real estate investment trust’s stock worth $16,539,000 after purchasing an additional 78,253 shares during the last quarter. Stifel Financial Corp lifted its position in shares of AGNC Investment by 48.0% during the 3rd quarter. Stifel Financial Corp now owns 451,460 shares of the real estate investment trust’s stock worth $4,262,000 after purchasing an additional 146,406 shares during the last quarter. Finally, QRG Capital Management Inc. purchased a new stake in shares of AGNC Investment during the 3rd quarter worth $3,655,000. 38.28% of the stock is owned by hedge funds and other institutional investors.

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).