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

AGNC Investment Corp. (NASDAQ:AGNC) was up 0.7% during mid-day trading on Thursday . The stock traded as high as $9.11 and last traded at $9.10. Approximately 2,075,236 shares were traded during 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

Several analysts have issued reports on AGNC shares. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a research report on Thursday. 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 target price 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 target price for the company. Finally, Barclays increased their target price 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. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $9.93.

AGNC Investment Trading Up 0.2 %

The company has a market capitalization of $6.30 billion, a P/E ratio of 910.91 and a beta of 1.45. The stock’s 50 day moving average is $9.57 and its 200-day moving average is $9.25. 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 released its quarterly earnings results on Monday, January 29th. The real estate investment trust reported $0.60 earnings per share (EPS) 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 company had revenue of $640.00 million during the quarter, compared to the consensus estimate of $570.42 million. During the same period in the prior year, the firm earned $0.74 earnings per share. As a group, equities research analysts anticipate that AGNC Investment Corp. will post 2.16 earnings per share for the current year.

AGNC Investment Announces Dividend

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

Insider Buying and Selling

In other news, CFO Bernice Bell sold 10,000 shares of AGNC Investment stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $9.85, for a total transaction of $98,500.00. Following the completion of the transaction, the chief financial officer now directly owns 287,282 shares in the company, valued at $2,829,727.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.52% of the stock is owned by insiders.

Hedge Funds Weigh In On AGNC Investment

Several large investors have recently made changes to their positions in AGNC. Coppell Advisory Solutions Corp. purchased a new position in shares of AGNC Investment during the fourth quarter valued at approximately $27,000. Coppell Advisory Solutions LLC purchased a new position in shares of AGNC Investment during the second quarter valued at approximately $29,000. MeadowBrook Investment Advisors LLC purchased a new position in shares of AGNC Investment during the fourth quarter valued at approximately $30,000. Worth Asset Management LLC purchased a new position in shares of AGNC Investment during the first quarter valued at approximately $35,000. Finally, Bruce G. Allen Investments LLC purchased a new position in shares of AGNC Investment during the fourth quarter valued at approximately $37,000. 38.28% of the stock is currently 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).