AGNC Investment Corp. (NASDAQ:AGNC) Receives $9.75 Consensus PT from Analysts

Shares of AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the nine research firms that are currently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $9.75.

Several equities analysts have commented on AGNC shares. Royal Bank Of Canada decreased their target price on shares of AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a report on Tuesday, April 29th. Keefe, Bruyette & Woods reduced their price target on shares of AGNC Investment from $10.25 to $9.50 and set an "outperform" rating on the stock in a research report on Tuesday, June 3rd. Jones Trading lowered their price objective on shares of AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Argus restated a "hold" rating on shares of AGNC Investment in a research note on Tuesday, April 29th. Finally, Wall Street Zen lowered AGNC Investment from a "hold" rating to a "sell" rating in a research note on Tuesday, May 6th.

AGNC Investment Stock Performance

Shares of AGNC traded down $0.04 during mid-day trading on Thursday, hitting $9.28. 27,870,186 shares of the company's stock were exchanged, compared to its average volume of 21,930,158. The firm has a market cap of $9.47 billion, a price-to-earnings ratio of 23.20 and a beta of 1.29. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.01. The stock's 50-day simple moving average is $9.01 and its 200-day simple moving average is $9.44. AGNC Investment has a 52 week low of $7.85 and a 52 week high of $10.85.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its earnings results on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.03. The company had revenue of $846.00 million for the quarter, compared to analyst estimates of $436.71 million. AGNC Investment had a return on equity of 20.36% and a net margin of 14.91%. During the same period in the prior year, the firm posted $0.58 EPS. On average, equities research analysts expect that AGNC Investment will post 1.61 EPS for the current year.

AGNC Investment Dividend Announcement

The business also recently announced a jun 25 dividend, which will be paid on Thursday, July 10th. Shareholders of record on Monday, June 30th will be given a $0.12 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a yield of 15.5%. AGNC Investment's dividend payout ratio is currently 360.00%.

Insider Transactions at AGNC Investment

In other AGNC Investment news, EVP Bernice Bell sold 8,000 shares of AGNC Investment stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $8.88, for a total transaction of $71,040.00. Following the transaction, the executive vice president now directly owns 374,019 shares of the company's stock, valued at approximately $3,321,288.72. The trade was a 2.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Peter J. Federico sold 48,333 shares of the stock in a transaction dated Friday, April 25th. The shares were sold at an average price of $8.70, for a total value of $420,497.10. Following the completion of the sale, the chief executive officer now directly owns 1,691,421 shares of the company's stock, valued at approximately $14,715,362.70. The trade was a 2.78% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 139,384 shares of company stock worth $1,228,039. Corporate insiders own 0.42% of the company's stock.

Hedge Funds Weigh In On AGNC Investment

A number of hedge funds have recently made changes to their positions in the stock. Hsbc Holdings PLC increased its position in AGNC Investment by 5.6% during the 4th quarter. Hsbc Holdings PLC now owns 18,259 shares of the real estate investment trust's stock valued at $168,000 after purchasing an additional 970 shares during the period. CIBC Asset Management Inc boosted its stake in shares of AGNC Investment by 5.3% in the 4th quarter. CIBC Asset Management Inc now owns 21,428 shares of the real estate investment trust's stock valued at $197,000 after purchasing an additional 1,075 shares during the last quarter. Kovack Advisors Inc. increased its position in shares of AGNC Investment by 0.5% during the first quarter. Kovack Advisors Inc. now owns 222,310 shares of the real estate investment trust's stock worth $2,130,000 after buying an additional 1,186 shares during the period. CoreCap Advisors LLC raised its stake in AGNC Investment by 34.8% during the fourth quarter. CoreCap Advisors LLC now owns 4,765 shares of the real estate investment trust's stock worth $44,000 after buying an additional 1,229 shares during the last quarter. Finally, CreativeOne Wealth LLC raised its stake in AGNC Investment by 9.7% during the first quarter. CreativeOne Wealth LLC now owns 13,986 shares of the real estate investment trust's stock worth $134,000 after buying an additional 1,237 shares during the last quarter. 38.28% of the stock is currently owned by institutional investors.

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).