AGNC Investment (NASDAQ:AGNC) Trading Down 0.6%

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report)'s stock price fell 0.6% during mid-day trading on Monday . The company traded as low as $9.19 and last traded at $9.25. 3,343,408 shares were traded during mid-day trading, a decline of 71% from the average session volume of 11,625,581 shares. The stock had previously closed at $9.31.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on AGNC. Jonestrading initiated coverage on shares of AGNC Investment in a research note on Friday, March 22nd. They issued 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. 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. Compass Point initiated coverage on shares of AGNC Investment in a report on Tuesday, February 20th. They set a "buy" rating and a $10.25 price objective for the company. Finally, Royal Bank of Canada cut their price target on shares of AGNC Investment from $11.00 to $10.00 and set an "outperform" rating for the company in a report on Thursday, January 25th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $9.93.

AGNC Investment Stock Down 1.9 %

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 market cap of $6.35 billion, a price-to-earnings ratio of 913.91 and a beta of 1.45. The firm's 50-day simple moving average is $9.59 and its two-hundred day simple moving average is $9.26.

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 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.11. The firm had revenue of $640.00 million during the quarter, compared to analysts' expectations 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 last year, the company posted $0.74 EPS. On average, sell-side analysts expect that AGNC Investment Corp. will post 2.16 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently declared a apr 24 dividend, which will be paid on Thursday, May 9th. Stockholders of record on Tuesday, April 30th will be given a dividend of $0.12 per share. This represents a dividend yield of 15.4%. The ex-dividend date is Monday, April 29th. AGNC Investment's dividend payout ratio is 14,414.41%.

Insider Transactions at AGNC Investment

In other news, CFO Bernice Bell sold 10,000 shares of AGNC Investment 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 completion of the sale, 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 this link. 0.43% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Coppell Advisory Solutions Corp. acquired a new position in AGNC Investment during the fourth quarter valued at approximately $27,000. Coppell Advisory Solutions LLC acquired a new position in AGNC Investment during the second quarter valued at approximately $29,000. Worth Asset Management LLC acquired a new position in AGNC Investment during the first quarter valued at approximately $35,000. MeadowBrook Investment Advisors LLC acquired a new position in AGNC Investment during the fourth quarter valued at approximately $30,000. Finally, Northwestern Mutual Wealth Management Co. grew its holdings 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 period. Institutional investors and hedge funds 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).