AGNC Investment (NASDAQ:AGNC) Shares Up 0.7%

Shares of AGNC Investment Corp. (NASDAQ:AGNC) rose 0.7% during trading on Tuesday . The company traded as high as $9.77 and last traded at $9.77. Approximately 2,702,693 shares were traded during trading, a decline of 77% from the average daily volume of 11,622,300 shares. The stock had previously closed at $9.70.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Jonestrading reduced 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. StockNews.com upgraded shares of AGNC Investment from a “sell” rating to a “hold” rating in a research note on Tuesday, March 12th. Barclays lifted their target price 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. Royal Bank of Canada cut their price target on AGNC Investment from $11.00 to $10.00 and set an “outperform” rating for the company in a report on Thursday, January 25th. Finally, Compass Point assumed 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. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $9.79.

AGNC Investment Trading Up 0.2 %

The firm has a market cap of $7.19 billion, a P/E ratio of 10.87 and a beta of 1.45. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.01. The company’s fifty day moving average price is $9.55 and its two-hundred day moving average price is $9.39.

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 the consensus estimate of $0.56 by $0.02. The company had revenue of $642.00 million during the quarter, compared to analyst estimates of $568.38 million. AGNC Investment had a net margin of 32.12% and a return on equity of 27.14%. During the same quarter last year, the business posted $0.70 earnings per share. As a group, sell-side analysts predict that AGNC Investment Corp. will post 2.1 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently announced a may 24 dividend, which will be paid on Tuesday, June 11th. Stockholders of record on Friday, May 31st will be issued a dividend of $0.12 per share. This represents a dividend yield of 14.9%. The ex-dividend date is Friday, May 31st. AGNC Investment’s payout ratio is presently 158.24%.

Insider Activity

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of the stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $9.35, for a total transaction of $46,750.00. Following the sale, the director now owns 75,545 shares of the company’s stock, valued at approximately $706,345.75. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, Director Frances Spark sold 5,000 shares of the business’s stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $9.35, for a total transaction of $46,750.00. Following the completion of the sale, the director now owns 75,545 shares in the company, valued at $706,345.75. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Paul E. Mullings sold 5,400 shares of the firm’s stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $9.40, for a total value of $50,760.00. Following the completion of the transaction, the director now owns 111,827 shares in the company, valued at approximately $1,051,173.80. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 15,900 shares of company stock worth $149,030. 0.52% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On AGNC Investment

Several large investors have recently bought and sold shares of the company. MeadowBrook Investment Advisors LLC acquired a new stake in AGNC Investment during the 4th quarter worth $30,000. Bruce G. Allen Investments LLC acquired a new stake in shares of AGNC Investment during the fourth quarter worth about $37,000. LRI Investments LLC bought a new position in shares of AGNC Investment during the 1st quarter valued at about $38,000. Verity & Verity LLC acquired a new position in shares of AGNC Investment in the 1st quarter valued at approximately $45,000. Finally, CENTRAL TRUST Co bought a new stake in AGNC Investment during the 4th quarter worth approximately $46,000. 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).