AGNC Investment (NASDAQ:AGNC) Trading Up 0.1%

Shares of AGNC Investment Corp. (NASDAQ:AGNC) rose 0.1% during trading on Monday . The company traded as high as $9.22 and last traded at $9.16. Approximately 2,700,450 shares traded hands during trading, a decline of 77% from the average daily volume of 11,612,148 shares. The stock had previously closed at $9.15.

Analyst Upgrades and Downgrades

AGNC has been the topic of a number of research reports. StockNews.com raised shares of AGNC Investment from a “sell” rating to a “hold” rating in a research note on Tuesday, March 12th. Jonestrading dropped their price target on AGNC Investment from $10.75 to $10.25 and set a “buy” rating for the company in a research report on Tuesday. Barclays raised their price objective on AGNC Investment from $8.00 to $9.00 and gave the company an “equal weight” rating in a report on Monday, January 22nd. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a research report on Thursday, April 18th. Finally, Compass Point assumed coverage on shares of 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 investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $9.86.

AGNC Investment Stock Up 1.8 %

The business’s fifty day moving average is $9.55 and its two-hundred day moving average is $9.26. The stock has a market cap of $6.51 billion, a price-to-earnings ratio of 937.94 and a beta of 1.45. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings data on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates 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 28.02% and a net margin of 7.59%. During the same quarter in the prior year, the company earned $0.70 earnings per share. Equities analysts forecast that AGNC Investment Corp. will post 2.16 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

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

Insider Activity at AGNC Investment

In other news, CFO Bernice Bell sold 10,000 shares of the stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $9.85, for a total value of $98,500.00. Following the completion of the sale, the chief financial officer now directly owns 287,282 shares of the company’s stock, valued at $2,829,727.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.43% of the company’s stock.

Institutional Trading of AGNC Investment

A number of large investors have recently bought and sold shares of the business. Norges Bank acquired a new stake in shares of AGNC Investment during the fourth quarter worth about $69,215,000. Vanguard Group Inc. lifted its holdings in shares of AGNC Investment by 10.5% during the fourth quarter. Vanguard Group Inc. now owns 63,366,808 shares of the real estate investment trust’s stock worth $621,628,000 after purchasing an additional 6,019,268 shares during the period. Vaughan Nelson Investment Management L.P. acquired a new position in AGNC Investment in the 4th quarter valued at $38,593,000. Clearbridge Investments LLC raised its position in AGNC Investment by 85.6% during the 3rd quarter. Clearbridge Investments LLC now owns 7,301,298 shares of the real estate investment trust’s stock worth $68,924,000 after buying an additional 3,367,112 shares during the last quarter. Finally, GRS Advisors LLC acquired a new stake in shares of AGNC Investment in the 4th quarter worth $32,509,000. Institutional investors and hedge funds 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).