AGNC Investment (NASDAQ:AGNC) Stock Price Up 1%

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) shares were up 1% during trading on Thursday . The stock traded as high as $9.81 and last traded at $9.79. Approximately 1,565,648 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 11,700,258 shares. The stock had previously closed at $9.69.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on AGNC shares. Compass Point initiated coverage on AGNC Investment in a report on Tuesday, February 20th. They issued a "buy" rating and a $10.25 price target for the company. UBS Group reaffirmed a "neutral" rating and issued a $9.00 price objective on shares of AGNC Investment in a research note on Wednesday, December 6th. Keefe, Bruyette & Woods raised their price objective on AGNC Investment from $8.50 to $10.00 and gave the company an "outperform" rating in a research note on Wednesday, December 13th. Jonestrading initiated coverage on AGNC Investment in a research note on Friday, March 22nd. They issued a "buy" rating and a $10.75 price objective for the company. Finally, Royal Bank of Canada dropped their price objective on AGNC Investment from $11.00 to $10.00 and set an "outperform" rating for the company in a research note on Thursday, January 25th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, AGNC Investment currently has a consensus rating of "Moderate Buy" and a consensus target price of $9.93.

AGNC Investment Stock Down 0.4 %

The company has a debt-to-equity ratio of 0.01, a current ratio of 0.26 and a quick ratio of 0.26. The firm has a 50-day simple moving average of $9.61 and a two-hundred day simple moving average of $9.28. The company has a market cap of $6.71 billion, a PE ratio of 965.97 and a beta of 1.45.

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

AGNC Investment Announces Dividend

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

Insider Transactions at AGNC Investment

In other news, CFO Bernice Bell sold 10,000 shares of AGNC Investment stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $9.85, for a total transaction of $98,500.00. Following the sale, the chief financial officer now directly owns 287,282 shares of the company's stock, valued at $2,829,727.70. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.52% of the company's stock.

Institutional Trading of AGNC Investment

Hedge funds and other institutional investors have recently bought and sold shares of the company. Coppell Advisory Solutions Corp. bought a new position in shares of AGNC Investment during the fourth quarter valued at approximately $27,000. Coppell Advisory Solutions LLC acquired a new position in shares of AGNC Investment during the second quarter worth approximately $29,000. MeadowBrook Investment Advisors LLC acquired a new position in shares of AGNC Investment during the fourth quarter worth approximately $30,000. Worth Asset Management LLC acquired a new position in shares of AGNC Investment during the first quarter worth approximately $35,000. Finally, Bruce G. Allen Investments LLC acquired a new position in shares of AGNC Investment during the fourth quarter worth approximately $37,000. 38.28% of the stock is 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).