AGNC Investment (NASDAQ:AGNC) Shares Down 1.6%

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report)'s stock price dropped 1.6% on Tuesday . The company traded as low as $8.92 and last traded at $8.98. Approximately 4,197,708 shares were traded during trading, a decline of 64% from the average daily volume of 11,659,909 shares. The stock had previously closed at $9.13.

Analysts Set New Price Targets

AGNC has been the topic of a number of recent analyst reports. StockNews.com raised shares of AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, March 12th. Jonestrading began coverage on shares of AGNC Investment in a research report on Friday, March 22nd. They issued a "buy" rating and a $10.75 price objective on the stock. Barclays boosted their price objective on shares of AGNC Investment from $8.00 to $9.00 and gave the stock an "equal weight" rating in a research report on Monday, January 22nd. Compass Point began coverage on shares of AGNC Investment in a research report on Tuesday, February 20th. They issued a "buy" rating and a $10.25 price objective on the stock. Finally, Royal Bank of Canada decreased their price objective on shares of AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a research report on Thursday, January 25th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $9.93.

AGNC Investment Stock Performance

The company has a market capitalization of $6.23 billion, a PE ratio of 896.90 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's fifty day simple moving average is $9.58 and its 200-day simple moving average is $9.25.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its earnings results on Monday, January 29th. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 period in the prior year, the firm earned $0.74 EPS. As a group, equities analysts predict that AGNC Investment Corp. will post 2.16 earnings per share for the current year.

AGNC Investment Dividend Announcement

The business also recently disclosed a apr 24 dividend, which will be paid on Thursday, May 9th. Stockholders of record on Tuesday, April 30th will be paid 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 currently 14,414.41%.

Insider Activity

In other news, CFO Bernice Bell sold 10,000 shares of the company's stock in a transaction dated 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 transaction, the chief financial officer now owns 287,282 shares of the company's stock, valued at approximately $2,829,727.70. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.43% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Coppell Advisory Solutions Corp. acquired a new stake in AGNC Investment during the 4th quarter worth approximately $27,000. Coppell Advisory Solutions LLC acquired a new stake in AGNC Investment during the 2nd quarter worth approximately $29,000. Worth Asset Management LLC acquired a new stake in AGNC Investment during the 1st quarter worth approximately $35,000. MeadowBrook Investment Advisors LLC acquired a new stake in AGNC Investment during the 4th quarter worth approximately $30,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in AGNC Investment by 128.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,580 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 2,015 shares in the last quarter. 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).