AGNC Investment (NASDAQ:AGNC) Shares Up 0.3%

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report)'s stock price was up 0.3% on Wednesday . The stock traded as high as $9.55 and last traded at $9.55. Approximately 1,248,163 shares changed hands during trading, a decline of 89% from the average daily volume of 11,740,749 shares. The stock had previously closed at $9.52.

Analyst Ratings Changes

Several analysts have recently issued reports on AGNC shares. Keefe, Bruyette & Woods reduced their target price on shares of AGNC Investment from $10.00 to $9.50 and set an "outperform" rating for the company in a research note on Wednesday, April 24th. Jonestrading decreased 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. JMP Securities restated a "market perform" rating on shares of AGNC Investment in a research note on Thursday, April 18th. Compass Point began coverage on AGNC Investment in a report on Tuesday, February 20th. They issued a "buy" rating and a $10.25 target price for the company. Finally, StockNews.com upgraded AGNC Investment from a "sell" rating to a "hold" rating in a report on Tuesday, March 12th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $9.79.

AGNC Investment Trading Up 0.1 %

The firm has a 50 day moving average of $9.53 and a 200 day moving average of $9.30. The firm has a market cap of $6.62 billion, a PE ratio of 10.47 and a beta of 1.45. 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 results on Tuesday, April 23rd. The real estate investment trust reported $0.58 EPS for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $568.38 million. During the same quarter in the prior year, the firm earned $0.70 EPS. Equities analysts anticipate that AGNC Investment Corp. will post 2.1 earnings per share for the current year.

AGNC Investment Announces Dividend

The firm also recently announced a may 24 dividend, which will be paid on Tuesday, June 11th. Shareholders of record on Friday, May 31st will be given a dividend of $0.12 per share. AGNC Investment's dividend payout ratio is presently 158.24%.

Insider Activity

In related news, Director Paul E. Mullings sold 5,400 shares of the firm's stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $9.40, for a total value of $50,760.00. Following the completion of the transaction, the director now directly owns 111,827 shares of the company's stock, valued at approximately $1,051,173.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, Director Paul E. Mullings sold 5,400 shares of the business's stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $9.40, for a total transaction of $50,760.00. Following the sale, the director now directly owns 111,827 shares in the company, valued at approximately $1,051,173.80. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Bernice Bell sold 3,500 shares of the firm's stock in a transaction dated Thursday, May 2nd. The stock was sold at an average price of $9.32, for a total value of $32,620.00. Following the completion of the transaction, the chief financial officer now owns 309,973 shares of the company's stock, valued at approximately $2,888,948.36. The disclosure for this sale can be found here. Insiders have sold a total of 15,900 shares of company stock valued at $149,030 over the last quarter. Company insiders own 0.43% of the company's stock.

Institutional Trading of AGNC Investment

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Norges Bank purchased a new position in shares of AGNC Investment during the fourth quarter worth about $69,215,000. Vanguard Group Inc. increased its holdings in shares of AGNC Investment by 10.5% in the 4th quarter. Vanguard Group Inc. now owns 63,366,808 shares of the real estate investment trust's stock worth $621,628,000 after buying an additional 6,019,268 shares during the last quarter. Vaughan Nelson Investment Management L.P. bought a new stake in shares of AGNC Investment during the 4th quarter worth $38,593,000. Clearbridge Investments LLC lifted its stake in AGNC Investment by 85.6% during the third quarter. Clearbridge Investments LLC now owns 7,301,298 shares of the real estate investment trust's stock worth $68,924,000 after purchasing an additional 3,367,112 shares during the last quarter. Finally, GRS Advisors LLC purchased a new position in shares of AGNC Investment in the 4th quarter worth about $32,509,000. Institutional investors 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).