AGNC Investment (NASDAQ:AGNC) Shares Down 1.8%

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report)'s share price fell 1.8% during trading on Wednesday . The stock traded as low as $9.50 and last traded at $9.60. 4,613,810 shares were traded during trading, a decline of 60% from the average session volume of 11,469,854 shares. The stock had previously closed at $9.78.

Analyst Upgrades and Downgrades

AGNC has been the subject of several recent analyst reports. Compass Point started 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. StockNews.com upgraded AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, March 12th. Keefe, Bruyette & Woods increased their price target on shares of AGNC Investment from $8.50 to $10.00 and gave the company an "outperform" rating in a research report on Wednesday, December 13th. 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. Finally, Royal Bank of Canada dropped their target price on shares of AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a research note on Thursday, January 25th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $9.93.

AGNC Investment Stock Down 4.7 %

The firm has a market capitalization of $6.48 billion, a P/E ratio of 960.96 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. The stock has a 50 day moving average of $9.60 and a 200-day moving average of $9.26.

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

AGNC Investment Dividend Announcement

The business also recently declared a apr 24 dividend, which will be paid on Thursday, May 9th. Stockholders of record on Tuesday, April 30th will be issued a $0.12 dividend. AGNC Investment's payout ratio is currently 14,414.41%.

Insider Activity

In other AGNC Investment news, CFO Bernice Bell sold 10,000 shares of the firm's stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $9.85, for a total value of $98,500.00. Following the completion of the transaction, the chief financial officer now owns 287,282 shares in the company, valued at approximately $2,829,727.70. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.43% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Coppell Advisory Solutions Corp. purchased a new position in AGNC Investment during the fourth quarter worth about $27,000. Coppell Advisory Solutions LLC purchased a new position in shares of AGNC Investment during the second quarter worth about $29,000. MeadowBrook Investment Advisors LLC bought a new position in shares of AGNC Investment in the fourth quarter worth approximately $30,000. Worth Asset Management LLC purchased a new stake in AGNC Investment in the first quarter valued at approximately $35,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in AGNC Investment by 128.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,580 shares of the real estate investment trust's stock valued at $37,000 after purchasing an additional 2,015 shares during the last quarter. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

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).