AGNC Investment (NASDAQ:AGNC) Stock Price Down 0.3%

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) shares traded down 0.3% during mid-day trading on Tuesday . The stock traded as low as $9.70 and last traded at $9.77. 2,901,091 shares were traded during mid-day trading, a decline of 75% from the average session volume of 11,818,069 shares. The stock had previously closed at $9.80.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. UBS Group reaffirmed a "neutral" rating and issued a $9.00 price target on shares of AGNC Investment in a report on Wednesday, December 6th. Keefe, Bruyette & Woods increased their target price on shares of AGNC Investment from $8.50 to $10.00 and gave the stock an "outperform" rating in a report on Wednesday, December 13th. Jonestrading initiated coverage on shares of AGNC Investment in a report on Friday, March 22nd. They set a "buy" rating and a $10.75 target price 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, Barclays increased their target price on shares of AGNC Investment from $8.00 to $9.00 and gave the stock an "equal weight" rating in a report on Monday, January 22nd. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $10.06.

AGNC Investment Stock 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 company's 50-day moving average price is $9.61 and its two-hundred day moving average price is $9.27. The company has a market cap of $6.74 billion, a P/E ratio of 970.97 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 EPS for the quarter, beating analysts' consensus estimates of $0.49 by $0.11. AGNC Investment had a net margin of 7.59% and a return on equity of 28.02%. The company had revenue of $640.00 million during the quarter, compared to analyst estimates of $570.42 million. During the same period in the prior year, the firm earned $0.74 earnings per share. As a group, equities analysts forecast that AGNC Investment Corp. will post 2.16 earnings per share for the current year.

AGNC Investment Announces Dividend

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

Insider Transactions at AGNC Investment

In related news, CFO Bernice Bell sold 10,000 shares of the firm's stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $9.85, for a total transaction of $98,500.00. Following the transaction, the chief financial officer now owns 287,282 shares of the company's stock, valued at $2,829,727.70. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.43% of the stock is owned by insiders.

Hedge Funds Weigh In On AGNC Investment

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. SVB Wealth LLC grew its holdings in AGNC Investment by 2.3% during the second quarter. SVB Wealth LLC now owns 42,396 shares of the real estate investment trust's stock valued at $469,000 after purchasing an additional 959 shares during the last quarter. MetLife Investment Management LLC grew its stake in shares of AGNC Investment by 9.8% in the fourth quarter. MetLife Investment Management LLC now owns 11,791 shares of the real estate investment trust's stock worth $122,000 after acquiring an additional 1,049 shares during the last quarter. Portside Wealth Group LLC grew its stake in shares of AGNC Investment by 8.8% in the fourth quarter. Portside Wealth Group LLC now owns 14,124 shares of the real estate investment trust's stock worth $139,000 after acquiring an additional 1,147 shares during the last quarter. Foster Victor Wealth Advisors LLC grew its stake in shares of AGNC Investment by 3.5% in the third quarter. Foster Victor Wealth Advisors LLC now owns 33,907 shares of the real estate investment trust's stock worth $303,000 after acquiring an additional 1,149 shares during the last quarter. Finally, Treasurer of the State of North Carolina grew its stake in shares of AGNC Investment by 0.5% in the second quarter. Treasurer of the State of North Carolina now owns 250,568 shares of the real estate investment trust's stock worth $2,538,000 after acquiring an additional 1,150 shares during the last quarter. Institutional investors and hedge funds 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).