AGNC Investment (NASDAQ:AGNC) Trading Up 0.1% - What's Next?

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report)'s share price was up 0.1% during mid-day trading on Monday . The company traded as high as $8.83 and last traded at $8.80. Approximately 4,822,363 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 19,485,665 shares. The stock had previously closed at $8.79.

Analyst Ratings Changes

Several research firms have weighed in on AGNC. Jones Trading lowered their price target on shares of AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. StockNews.com upgraded AGNC Investment from a "sell" rating to a "hold" rating in a research report on Tuesday, February 25th. Wells Fargo & Company lowered their price objective on AGNC Investment from $11.00 to $10.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. Argus reaffirmed a "hold" rating on shares of AGNC Investment in a research note on Tuesday, April 29th. Finally, Keefe, Bruyette & Woods dropped their price target on shares of AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a research report on Wednesday, January 29th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, AGNC Investment has a consensus rating of "Moderate Buy" and an average price target of $9.96.

AGNC Investment Price Performance

The firm's 50 day moving average is $9.40 and its 200 day moving average is $9.60. The firm has a market cap of $8.05 billion, a P/E ratio of 9.07 and a beta of 1.30. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23.

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, beating analysts' consensus estimates of $0.41 by $0.03. AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. The company had revenue of $846.00 million during the quarter, compared to analyst estimates of $436.71 million. During the same quarter last year, the company earned $0.58 EPS. As a group, analysts anticipate that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Announces Dividend

The company also recently disclosed a apr 25 dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 30th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a yield of 17.7%. AGNC Investment's dividend payout ratio is currently 360.00%.

Insider Transactions at AGNC Investment

In other news, EVP Bernice Bell sold 8,000 shares of the business's stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $8.88, for a total transaction of $71,040.00. Following the completion of the transaction, the executive vice president now directly owns 374,019 shares of the company's stock, valued at $3,321,288.72. The trade was a 2.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 transaction of $420,497.10. Following the sale, the chief executive officer now owns 1,691,421 shares of the company's stock, valued at approximately $14,715,362.70. This represents a 2.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 127,166 shares of company stock worth $1,129,259. Corporate insiders own 0.42% of the company's stock.

Institutional Trading of AGNC Investment

Large investors have recently modified their holdings of the company. Barclays PLC grew its position in AGNC Investment by 4.8% during 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 period. Tidal Investments LLC grew its position in shares of 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 period. Peapack Gladstone Financial Corp bought a new position in AGNC Investment in the 3rd quarter worth $142,000. Franklin Resources Inc. lifted its position in AGNC Investment by 35.8% during the third quarter. Franklin Resources Inc. now owns 584,370 shares of the real estate investment trust's stock valued at $6,060,000 after purchasing an additional 154,029 shares in the last quarter. Finally, Everence Capital Management Inc. bought a new stake in AGNC Investment during the fourth quarter valued at about $310,000. 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).

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