AGNC Investment (NASDAQ:AGNC) Stock Price Up 0.9%

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) shares shot up 0.9% during mid-day trading on Wednesday . The company traded as high as $9.24 and last traded at $9.23. 2,377,715 shares changed hands during trading, a decline of 80% from the average session volume of 11,760,533 shares. The stock had previously closed at $9.15.

Analysts Set New Price Targets

AGNC has been the topic of several recent analyst reports. Jonestrading reduced their price target on shares of AGNC Investment from $10.75 to $10.25 and set a "buy" rating on the stock in a research note on Tuesday, April 23rd. Compass Point began coverage on AGNC Investment in a report on Tuesday, February 20th. They set a "buy" rating and a $10.25 price objective on the stock. Barclays upped their target price on AGNC Investment from $8.00 to $9.00 and gave the stock an "equal weight" rating in a report on Monday, January 22nd. 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 research note on Thursday, January 25th. Finally, StockNews.com raised shares of AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, March 12th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $9.79.

AGNC Investment Stock Up 1.1 %

The business has a 50 day moving average of $9.54 and a two-hundred day moving average of $9.27. The stock has a market capitalization of $6.43 billion, a PE ratio of 10.16 and a beta of 1.45. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.26 and a current ratio of 0.26.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its quarterly earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.58 EPS for the quarter, beating the consensus estimate of $0.56 by $0.02. AGNC Investment had a net margin of 32.12% and a return on equity of 27.92%. The business had revenue of $642.00 million during the quarter, compared to analyst estimates of $568.38 million. During the same period in the prior year, the firm posted $0.70 earnings per share. Analysts predict that AGNC Investment Corp. will post 2.1 EPS for the current year.

AGNC Investment Announces Dividend

The company also recently announced a apr 24 dividend, which will be paid on Thursday, May 9th. Shareholders of record on Tuesday, April 30th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Monday, April 29th. This represents a yield of 15.4%. AGNC Investment's dividend payout ratio (DPR) is 158.24%.

Insider Transactions at AGNC Investment

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of the stock in a transaction dated Wednesday, April 24th. The stock was sold at an average price of $9.35, for a total value of $46,750.00. Following the completion of the sale, the director now directly owns 75,545 shares in the company, valued at $706,345.75. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders own 0.43% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. SG Americas Securities LLC lifted its holdings in shares of AGNC Investment by 136.4% during the third quarter. SG Americas Securities LLC now owns 27,950 shares of the real estate investment trust's stock worth $264,000 after purchasing an additional 16,125 shares during the period. Xponance Inc. boosted its holdings in shares of AGNC Investment by 71.9% in the 3rd quarter. Xponance Inc. now owns 34,191 shares of the real estate investment trust's stock valued at $323,000 after acquiring an additional 14,304 shares during the last quarter. Raymond James & Associates increased its stake in shares of AGNC Investment by 1.1% in the third quarter. Raymond James & Associates now owns 1,078,421 shares of the real estate investment trust's stock worth $10,180,000 after acquiring an additional 11,459 shares during the period. Capital Advisors Inc. OK raised its holdings in shares of AGNC Investment by 0.7% during the third quarter. Capital Advisors Inc. OK now owns 1,892,309 shares of the real estate investment trust's stock worth $17,863,000 after purchasing an additional 14,053 shares during the last quarter. Finally, J.W. Cole Advisors Inc. acquired a new position in AGNC Investment during the third quarter valued at $104,000. Institutional investors and hedge funds 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).