AGNC Investment (NASDAQ:AGNC) Stock Price Up 1.1%

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report)'s share price shot up 1.1% on Friday . The company traded as high as $9.91 and last traded at $9.90. 10,238,191 shares changed hands during mid-day trading, a decline of 1% from the average session volume of 10,332,462 shares. The stock had previously closed at $9.79.

Analysts Set New Price Targets

A number of research firms recently weighed in on AGNC. UBS Group reiterated a "neutral" rating and issued a $9.00 price objective on shares of AGNC Investment in a research note on Wednesday, December 6th. StockNews.com raised shares of AGNC Investment from a "sell" rating to a "hold" rating in a report on Tuesday, March 12th. Keefe, Bruyette & Woods raised their price target on shares of AGNC Investment from $8.50 to $10.00 and gave the company an "outperform" rating in a report on Wednesday, December 13th. 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 Thursday, January 25th. Finally, Barclays raised their price target on shares of AGNC Investment from $8.00 to $9.00 and gave the company an "equal weight" rating in a report on Monday, January 22nd. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, AGNC Investment presently has an average rating of "Moderate Buy" and a consensus target price of $10.06.

AGNC Investment Price Performance

The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $6.88 billion, a P/E ratio of 990.99 and a beta of 1.45. The business's fifty day moving average price is $9.61 and its 200-day moving average price is $9.29.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its earnings results on Monday, January 29th. The real estate investment trust reported $0.60 EPS for the quarter, topping analysts' consensus estimates of $0.49 by $0.11. The company had revenue of $640.00 million for the quarter, compared to analysts' expectations of $570.42 million. AGNC Investment had a net margin of 7.59% and a return on equity of 28.02%. During the same quarter last year, the company earned $0.74 EPS. As a group, sell-side analysts predict that AGNC Investment Corp. will post 2.16 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently announced a mar 24 dividend, which will be paid on Tuesday, April 9th. Investors of record on Friday, March 29th will be given a $0.12 dividend. This represents a yield of 14.8%. The ex-dividend date is Wednesday, March 27th. AGNC Investment's payout ratio is presently 14,414.41%.

Insider Buying and Selling

In other AGNC Investment news, CFO Bernice Bell sold 10,000 shares of the business's stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $9.85, for a total value of $98,500.00. Following the transaction, the chief financial officer now owns 287,282 shares in the company, valued at $2,829,727.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.52% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On AGNC Investment

A number of hedge funds have recently modified their holdings of AGNC. Vanguard Group Inc. increased its position in shares of AGNC Investment by 10.5% during the fourth quarter. Vanguard Group Inc. now owns 63,366,808 shares of the real estate investment trust's stock valued at $621,628,000 after buying an additional 6,019,268 shares during the period. BlackRock Inc. increased its position in shares of AGNC Investment by 1.6% during the first quarter. BlackRock Inc. now owns 33,303,058 shares of the real estate investment trust's stock valued at $335,695,000 after buying an additional 523,955 shares during the period. State Street Corp increased its position in shares of AGNC Investment by 2.7% during the second quarter. State Street Corp now owns 15,338,384 shares of the real estate investment trust's stock valued at $157,098,000 after buying an additional 402,771 shares during the period. Geode Capital Management LLC increased its position in shares of AGNC Investment by 4.0% during the second quarter. Geode Capital Management LLC now owns 8,773,217 shares of the real estate investment trust's stock valued at $88,873,000 after buying an additional 334,930 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its position in shares of AGNC Investment by 5.4% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 7,682,998 shares of the real estate investment trust's stock valued at $75,370,000 after buying an additional 395,796 shares during the period. Hedge funds and other institutional investors own 38.28% of the company's stock.

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).