AGNC Investment (NASDAQ:AGNC) Trading Up 0.3%

AGNC Investment Corp. (NASDAQ:AGNC) rose 0.3% during trading on Thursday . The company traded as high as $9.35 and last traded at $9.28. Approximately 1,698,631 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 11,819,263 shares. The stock had previously closed at $9.25.

Analyst Upgrades and Downgrades

AGNC has been the subject of a number of research reports. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a research report on Thursday, April 18th. Compass Point initiated coverage on AGNC Investment in a research note on Tuesday, February 20th. They issued a “buy” rating and a $10.25 target price on the stock. Keefe, Bruyette & Woods dropped their price target on AGNC Investment from $10.00 to $9.50 and set an “outperform” rating for the company in a research report on Wednesday, April 24th. StockNews.com upgraded AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, March 12th. Finally, Jonestrading dropped their price objective on AGNC Investment from $10.75 to $10.25 and set a “buy” rating for the company in a research report on Tuesday, April 23rd. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, AGNC Investment has an average rating of “Moderate Buy” and an average price target of $9.79.

AGNC Investment Stock Performance

The firm has a market cap of $6.48 billion, a PE ratio of 10.20 and a beta of 1.45. The stock has a 50-day moving average price of $9.53 and a 200 day moving average price of $9.27. 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 posted its quarterly earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.58 EPS for the quarter, beating the consensus estimate of $0.56 by $0.02. The company had revenue of $642.00 million during the quarter, compared to analysts’ expectations of $568.38 million. AGNC Investment had a return on equity of 27.92% and a net margin of 32.12%. During the same quarter in the previous year, the business earned $0.70 EPS. Research analysts forecast that AGNC Investment Corp. will post 2.1 earnings per share for the current year.

AGNC Investment Dividend Announcement

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

Insider Buying and Selling at AGNC Investment

In related news, Director Frances Spark sold 5,000 shares of the stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $9.35, for a total value of $46,750.00. Following the transaction, the director now directly owns 75,545 shares of the company’s stock, valued at approximately $706,345.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.52% of the stock is owned by company insiders.

Institutional Trading of AGNC Investment

A number of institutional investors have recently modified their holdings of AGNC. MeadowBrook Investment Advisors LLC purchased a new stake in AGNC Investment during the fourth quarter worth approximately $30,000. Bruce G. Allen Investments LLC purchased a new stake in AGNC Investment during the 4th quarter worth $37,000. Verity & Verity LLC acquired a new stake in AGNC Investment in the 1st quarter valued at $45,000. CENTRAL TRUST Co purchased a new position in AGNC Investment in the fourth quarter valued at about $46,000. Finally, Allworth Financial LP lifted its stake in shares of AGNC Investment by 76.5% during the fourth quarter. Allworth Financial LP now owns 4,836 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 2,096 shares in the last quarter. Hedge funds and other institutional investors own 38.28% of the company’s stock.

About AGNC Investment

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).