AGNC Investment (NASDAQ:AGNC) Shares Down 0.1%

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) shares were down 0.1% during trading on Tuesday . The company traded as low as $9.68 and last traded at $9.69. Approximately 2,217,699 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 11,489,812 shares. The stock had previously closed at $9.70.

Analyst Upgrades and Downgrades

AGNC has been the topic of a number of recent research reports. Jonestrading initiated coverage on AGNC Investment in a research note on Friday, March 22nd. They set a "buy" rating and a $10.75 price objective on the stock. Royal Bank of Canada cut their target price 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. Compass Point began coverage on AGNC Investment in a research note on Tuesday, February 20th. They issued a "buy" rating and a $10.25 target price on the stock. Keefe, Bruyette & Woods raised their price objective 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. Finally, Barclays raised their price objective 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 analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $9.93.

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 firm has a market capitalization of $6.80 billion, a PE ratio of 978.98 and a beta of 1.45. The business's 50 day simple moving average is $9.60 and its two-hundred day simple moving average is $9.26.

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

AGNC Investment Dividend Announcement

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

Insider Activity at AGNC Investment

In other news, CFO Bernice Bell sold 10,000 shares of AGNC Investment stock in a transaction 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 completion of the sale, the chief financial officer now directly owns 287,282 shares in the company, valued at $2,829,727.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.43% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AGNC. Raymond James Financial Services Advisors Inc. boosted its holdings in AGNC Investment by 50.5% in the 1st 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 last quarter. US Bancorp DE increased its position in shares of AGNC Investment by 68.9% in the 1st 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 last quarter. MetLife Investment Management LLC purchased a new stake in shares of AGNC Investment in the 1st quarter valued at approximately $137,000. Yousif Capital Management LLC grew its position in shares of AGNC Investment by 5.2% in the 1st quarter. Yousif Capital Management LLC now owns 36,096 shares of the real estate investment trust's stock valued at $473,000 after buying an additional 1,775 shares during the last quarter. Finally, Sei Investments Co. boosted its stake in AGNC Investment by 2.3% during the 1st quarter. Sei Investments Co. now owns 517,988 shares of the real estate investment trust's stock worth $6,757,000 after purchasing an additional 11,711 shares during the period. 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).