AGNC Investment (NASDAQ:AGNC) Stock Price Up 0.6%

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) shares rose 0.6% during trading on Tuesday . The stock traded as high as $9.79 and last traded at $9.60. Approximately 3,887,413 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 11,794,977 shares. The stock had previously closed at $9.54.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Barclays boosted their target price 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. JMP Securities restated a "market perform" rating on shares of AGNC Investment in a research note on Thursday, April 18th. Compass Point started coverage on AGNC Investment in a research report on Tuesday, February 20th. They set a "buy" rating and a $10.25 price target on the stock. StockNews.com raised shares of AGNC Investment from a "sell" rating to a "hold" rating in a report on Tuesday, March 12th. Finally, Jonestrading reduced their price objective on shares of AGNC Investment from $10.75 to $10.25 and set a "buy" rating for the company in a research note on Tuesday, April 23rd. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, AGNC Investment has a consensus rating of "Moderate Buy" and an average target price of $9.79.

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 stock has a 50 day simple moving average of $9.53 and a 200-day simple moving average of $9.29. The firm has a market cap of $6.62 billion, a PE ratio of 10.55 and a beta of 1.45.

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

AGNC Investment Announces Dividend

The business also recently declared 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. This represents a yield of 15.4%. The ex-dividend date is Monday, April 29th. AGNC Investment's payout ratio is currently 158.24%.

Insider Buying and Selling at AGNC Investment

In related news, Director Frances Spark sold 5,000 shares of the business's 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 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 Securities & Exchange Commission, which is available through this link. In other AGNC Investment news, CFO Bernice Bell sold 3,500 shares of the stock in a transaction on Thursday, May 2nd. The shares were sold at an average price of $9.32, for a total transaction of $32,620.00. Following the completion of the transaction, the chief financial officer now owns 309,973 shares in the company, valued at $2,888,948.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frances Spark sold 5,000 shares of the business's stock in a transaction dated Wednesday, April 24th. The stock was sold at an average price of $9.35, for a total transaction of $46,750.00. Following the completion of the sale, the director now owns 75,545 shares in the company, valued at $706,345.75. The disclosure for this sale can be found here. Insiders sold 15,900 shares of company stock valued at $149,030 in the last 90 days. Insiders own 0.43% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in AGNC. MeadowBrook Investment Advisors LLC purchased a new position in shares of AGNC Investment in the 4th quarter worth approximately $30,000. Bruce G. Allen Investments LLC bought a new position in AGNC Investment during the fourth quarter valued at $37,000. Verity & Verity LLC purchased a new stake in shares of AGNC Investment in the first quarter valued at $45,000. CENTRAL TRUST Co purchased a new stake in shares of AGNC Investment in the fourth quarter valued at $46,000. Finally, Allworth Financial LP lifted its holdings in shares of AGNC Investment by 76.5% in the 4th quarter. Allworth Financial LP now owns 4,836 shares of the real estate investment trust's stock worth $47,000 after acquiring an additional 2,096 shares during the last quarter. 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).