AGNC Investment (NASDAQ:AGNC) Stock Rating Lowered by StockNews.com

StockNews.com cut shares of AGNC Investment (NASDAQ:AGNC - Free Report) from a hold rating to a sell rating in a research note published on Tuesday morning.

A number of other equities research analysts have also recently weighed in on AGNC. Jones Trading dropped their price objective on AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. JPMorgan Chase & Co. dropped their target price on AGNC Investment from $9.50 to $8.50 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Royal Bank of Canada reduced their price target on shares of AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 29th. Keefe, Bruyette & Woods dropped their price objective on shares of AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a report on Wednesday, January 29th. Finally, Wells Fargo & Company reduced their target price on shares of AGNC Investment from $11.00 to $10.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, AGNC Investment has a consensus rating of "Moderate Buy" and a consensus target price of $9.96.

AGNC Investment Trading Down 1.0 %

AGNC stock traded down $0.09 during mid-day trading on Tuesday, hitting $8.79. 26,154,877 shares of the company were exchanged, compared to its average volume of 19,760,650. AGNC Investment has a 12-month low of $7.85 and a 12-month high of $10.85. The firm has a market capitalization of $8.05 billion, a P/E ratio of 9.06 and a beta of 1.30. The business has a fifty day simple moving average of $9.27 and a 200-day simple moving average of $9.57. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.03. The firm had revenue of $846.00 million during the quarter, compared to analysts' expectations of $436.71 million. AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. During the same quarter last year, the company posted $0.58 EPS. On average, equities research analysts predict that AGNC Investment will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The company also recently announced a may 25 dividend, which will be paid on Tuesday, June 10th. Investors of record on Friday, May 30th will be paid a dividend of $0.12 per share. The ex-dividend date is Friday, May 30th. This represents a dividend yield of 16.2%. AGNC Investment's payout ratio is currently 360.00%.

Insider Buying and Selling

In other AGNC Investment news, Director Donna Blank sold 17,218 shares of the firm's stock in a transaction dated Tuesday, May 6th. The stock was sold at an average price of $8.67, for a total transaction of $149,280.06. Following the transaction, the director now owns 90,345 shares of the company's stock, valued at approximately $783,291.15. This trade represents a 16.01 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Peter J. Federico sold 48,333 shares of the business's 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 $14,715,362.70. The trade was a 2.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 139,384 shares of company stock worth $1,228,039 over the last 90 days. 0.42% of the stock is owned by insiders.

Institutional Trading of AGNC Investment

Several institutional investors and hedge funds have recently bought and sold shares of AGNC. Barclays PLC raised its holdings in shares of AGNC Investment by 4.8% in the third quarter. Barclays PLC now owns 1,552,969 shares of the real estate investment trust's stock valued at $16,242,000 after buying an additional 71,330 shares during the last quarter. Tidal Investments LLC raised its stake in AGNC Investment by 3.3% during the 3rd quarter. Tidal Investments LLC now owns 96,081 shares of the real estate investment trust's stock valued at $1,005,000 after acquiring an additional 3,075 shares during the last quarter. Franklin Resources Inc. lifted its position in AGNC Investment by 35.8% during the 3rd quarter. Franklin Resources Inc. now owns 584,370 shares of the real estate investment trust's stock worth $6,060,000 after acquiring an additional 154,029 shares during the period. Everence Capital Management Inc. purchased a new position in shares of AGNC Investment in the 4th quarter valued at approximately $310,000. Finally, Innova Wealth Partners purchased a new position in shares of AGNC Investment in the 4th quarter valued at approximately $427,000. 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).