AGNC Investment (NASDAQ:AGNC) Shares Down 0.5%

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) shares were down 0.5% on Thursday . The stock traded as low as $9.27 and last traded at $9.27. Approximately 4,995,610 shares were traded during trading, a decline of 57% from the average daily volume of 11,630,347 shares. The stock had previously closed at $9.32.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on AGNC shares. Royal Bank of Canada reduced their price objective on AGNC Investment from $11.00 to $10.00 and set an "outperform" rating for the company in a research note on Thursday, January 25th. Jonestrading started coverage on AGNC Investment in a research note on Friday, March 22nd. They set a "buy" rating and a $10.75 price objective for the company. Keefe, Bruyette & Woods raised their price objective on AGNC Investment from $8.50 to $10.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 13th. StockNews.com raised AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, March 12th. Finally, 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. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $9.93.

AGNC Investment Trading Up 0.8 %

The company has a fifty day moving average of $9.60 and a 200-day moving average of $9.26. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.26 and a quick ratio of 0.26. The firm has a market capitalization of $6.53 billion, a PE ratio of 927.93 and a beta of 1.45.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its earnings results on Monday, January 29th. The real estate investment trust reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.11. AGNC Investment had a return on equity of 28.02% and a net margin of 7.59%. The company had revenue of $640.00 million for the quarter, compared to analyst estimates of $570.42 million. During the same period last year, the company earned $0.74 earnings per share. On average, sell-side analysts anticipate 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 apr 24 dividend, which will be paid on Thursday, May 9th. Shareholders of record on Tuesday, April 30th will be issued a dividend of $0.12 per share. AGNC Investment's dividend payout ratio (DPR) is currently 14,414.41%.

Insider Activity

In other 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 sale, the chief financial officer now directly owns 287,282 shares of the company's stock, valued at $2,829,727.70. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.43% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On AGNC Investment

Hedge funds and other institutional investors have recently made changes to their positions in the business. Coppell Advisory Solutions Corp. acquired a new stake in AGNC Investment during the fourth quarter worth about $27,000. Coppell Advisory Solutions LLC acquired a new stake in AGNC Investment during the second quarter worth about $29,000. MeadowBrook Investment Advisors LLC acquired a new stake in AGNC Investment during the fourth quarter worth about $30,000. Worth Asset Management LLC acquired a new stake in AGNC Investment during the first quarter worth about $35,000. Finally, Bruce G. Allen Investments LLC acquired a new stake in AGNC Investment during the fourth quarter worth about $37,000. 38.28% of the stock is owned by institutional investors and hedge funds.

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).