AGNC Investment (NASDAQ:AGNC) Stock Price Up 1.2% - Should You Buy?

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report)'s stock price rose 1.2% during trading on Monday . The company traded as high as $9.25 and last traded at $9.23. Approximately 5,861,544 shares traded hands during trading, a decline of 72% from the average daily volume of 21,284,420 shares. The stock had previously closed at $9.12.

Wall Street Analyst Weigh In

AGNC has been the subject of several analyst reports. Jones Trading cut their price target on shares of AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Royal Bank of Canada cut their price target on shares of AGNC Investment from $11.00 to $10.00 and set an "outperform" rating for the company in a report on Tuesday, April 29th. Wall Street Zen downgraded shares of AGNC Investment from a "hold" rating to a "sell" rating in a research note on Tuesday, May 6th. Wells Fargo & Company dropped their target price on shares of AGNC Investment from $11.00 to $10.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Finally, Argus reaffirmed a "hold" rating on shares of AGNC Investment in a research note on Tuesday, April 29th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $9.75.

AGNC Investment Stock Performance

The company has a market cap of $9.42 billion, a price-to-earnings ratio of 9.52 and a beta of 1.29. The firm's 50-day moving average price is $8.82 and its 200 day moving average price is $9.48. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, beating 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 in the previous year, the company earned $0.58 earnings per share. On average, sell-side analysts anticipate that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

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

Insider Buying and Selling at AGNC Investment

In other news, CEO Peter J. Federico sold 48,333 shares of the business's stock in a transaction on Friday, April 25th. The shares were sold at an average price of $8.70, for a total value of $420,497.10. Following the sale, the chief executive officer now 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 sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Bernice Bell sold 8,000 shares of the business's stock in a transaction on Thursday, May 1st. The stock was sold at an average price of $8.88, for a total transaction of $71,040.00. Following the completion of the sale, the executive vice president now directly owns 374,019 shares in the company, valued at approximately $3,321,288.72. This represents a 2.09% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 139,384 shares of company stock valued at $1,228,039. 0.42% of the stock is currently owned by corporate insiders.

Institutional Trading of AGNC Investment

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its position in shares of AGNC Investment by 8.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 7,349,657 shares of the real estate investment trust's stock valued at $67,690,000 after purchasing an additional 581,352 shares during the period. Farringdon Capital Ltd. acquired a new stake in shares of AGNC Investment during the 4th quarter worth about $639,000. Yousif Capital Management LLC lifted its stake in shares of AGNC Investment by 4.8% during the 4th quarter. Yousif Capital Management LLC now owns 33,854 shares of the real estate investment trust's stock worth $312,000 after buying an additional 1,551 shares during the last quarter. Sei Investments Co. lifted its stake in shares of AGNC Investment by 10.0% during the 4th quarter. Sei Investments Co. now owns 408,004 shares of the real estate investment trust's stock worth $3,758,000 after buying an additional 37,150 shares during the last quarter. Finally, Stephens Inc. AR lifted its stake in shares of AGNC Investment by 7.8% during the 4th quarter. Stephens Inc. AR now owns 41,009 shares of the real estate investment trust's stock worth $378,000 after buying an additional 2,954 shares during the last quarter. 38.28% of the stock is owned by 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).

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