AGNC Investment (NASDAQ:AGNC) Stock Price Up 0.7%

AGNC Investment Corp. (NASDAQ:AGNC) rose 0.7% during trading on Thursday . The stock traded as high as $9.11 and last traded at $9.10. Approximately 2,075,236 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 11,606,165 shares. The stock had previously closed at $9.04.

Analysts Set New Price Targets

AGNC has been the topic of several recent analyst reports. Barclays lifted their price target on AGNC Investment from $8.00 to $9.00 and gave the stock an “equal weight” rating in a research report on Monday, January 22nd. Jonestrading started coverage on AGNC Investment in a report on Friday, March 22nd. They set a “buy” rating and a $10.75 price objective on the stock. Royal Bank of Canada decreased their price objective on AGNC Investment from $11.00 to $10.00 and set an “outperform” rating on the stock in a report on Thursday, January 25th. Compass Point started coverage on AGNC Investment in a report on Tuesday, February 20th. They set a “buy” rating and a $10.25 price objective on the stock. Finally, JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a report on Thursday. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $9.93.

AGNC Investment Trading Up 0.2 %

The company has a 50 day moving average of $9.57 and a 200 day moving average of $9.25. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.01. The firm has a market cap of $6.30 billion, a price-to-earnings ratio of 910.91 and a beta of 1.45.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings data on Monday, January 29th. The real estate investment trust reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.11. The business had revenue of $640.00 million during the quarter, compared to the consensus estimate of $570.42 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 posted $0.74 earnings per share. As a group, research analysts anticipate that AGNC Investment Corp. will post 2.16 EPS for the current year.

AGNC Investment Dividend Announcement

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

Insider Buying and Selling at AGNC Investment

In other AGNC Investment news, CFO Bernice Bell sold 10,000 shares of the business’s stock in a transaction dated 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 transaction, 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 legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.52% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. O ROURKE & COMPANY Inc boosted its position in shares of AGNC Investment by 14.8% during the first quarter. O ROURKE & COMPANY Inc now owns 21,270 shares of the real estate investment trust’s stock worth $211,000 after buying an additional 2,738 shares during the period. Miracle Mile Advisors LLC acquired a new position in shares of AGNC Investment during the first quarter worth about $141,000. Compass Ion Advisors LLC acquired a new position in shares of AGNC Investment during the first quarter worth about $306,000. Guidance Capital Inc. boosted its position in shares of AGNC Investment by 3.4% during the first quarter. Guidance Capital Inc. now owns 86,106 shares of the real estate investment trust’s stock worth $786,000 after buying an additional 2,829 shares during the period. Finally, Firethorn Wealth Partners LLC boosted its position in AGNC Investment by 17.3% during the first quarter. Firethorn Wealth Partners LLC now owns 74,503 shares of the real estate investment trust’s stock valued at $738,000 after purchasing an additional 10,982 shares during the last quarter. 38.28% of the stock is 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).