AGNC Investment (NASDAQ:AGNC) Trading 1.2% Higher

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report)'s share price rose 1.2% during trading on Friday . The stock traded as high as $9.17 and last traded at $9.17. Approximately 2,056,956 shares were traded during trading, a decline of 82% from the average daily volume of 11,615,728 shares. The stock had previously closed at $9.06.

Wall Street Analyst Weigh In

AGNC has been the topic of several research analyst reports. Jonestrading initiated coverage on AGNC Investment in a research report on Friday, March 22nd. They set a "buy" rating and a $10.75 target price on the stock. Royal Bank of Canada cut their price target on AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a report on Thursday, January 25th. JMP Securities reiterated a "market perform" rating on shares of AGNC Investment in a report on Thursday. 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 on the stock. Finally, Barclays increased their price target on AGNC Investment from $8.00 to $9.00 and gave the stock an "equal weight" rating in a report on Monday, January 22nd. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $9.93.

AGNC Investment Trading Up 1.0 %

The stock has a market capitalization of $6.36 billion, a PE ratio of 915.92 and a beta of 1.45. The firm has a 50 day moving average price of $9.56 and a 200 day moving average price of $9.25. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.01.

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

AGNC Investment Announces Dividend

The business also recently disclosed a apr 24 dividend, which will be paid on Thursday, May 9th. Stockholders of record on Tuesday, April 30th will be paid a $0.12 dividend. This represents a dividend yield of 15.4%. The ex-dividend date is Monday, April 29th. AGNC Investment's dividend payout ratio (DPR) is presently 14,414.41%.

Insider Activity at AGNC Investment

In related news, CFO Bernice Bell sold 10,000 shares of the stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $9.85, for a total transaction of $98,500.00. Following the completion of 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 document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.52% of the stock is currently owned by company insiders.

Institutional Trading of AGNC Investment

A number of institutional investors and hedge funds have recently modified their holdings of AGNC. Raymond James Financial Services Advisors Inc. grew its holdings in AGNC Investment by 50.5% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 46,983 shares of the real estate investment trust's stock valued at $615,000 after purchasing an additional 15,758 shares during the period. US Bancorp DE grew its holdings in AGNC Investment by 68.9% during the first quarter. US Bancorp DE now owns 29,371 shares of the real estate investment trust's stock valued at $385,000 after purchasing an additional 11,982 shares during the period. MetLife Investment Management LLC bought a new position in AGNC Investment during the first quarter valued at $137,000. Yousif Capital Management LLC grew its holdings in AGNC Investment by 5.2% during the first quarter. Yousif Capital Management LLC now owns 36,096 shares of the real estate investment trust's stock valued at $473,000 after purchasing an additional 1,775 shares during the period. Finally, Sei Investments Co. grew its holdings in AGNC Investment by 2.3% during the first quarter. Sei Investments Co. now owns 517,988 shares of the real estate investment trust's stock valued at $6,757,000 after purchasing an additional 11,711 shares during the period. 38.28% of the stock is owned by hedge funds and other 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).