AGNC Investment (NASDAQ:AGNC) Shares Down 0.3%

Shares of AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) dropped 0.3% on Tuesday . The stock traded as low as $9.16 and last traded at $9.21. Approximately 1,852,926 shares changed hands during trading, a decline of 84% from the average daily volume of 11,786,131 shares. The stock had previously closed at $9.24.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on AGNC shares. JMP Securities restated a "market perform" rating on shares of AGNC Investment in a research report on Thursday, April 18th. Jonestrading decreased their price objective on AGNC Investment from $10.75 to $10.25 and set a "buy" rating on the stock in a report on Tuesday, April 23rd. Compass Point began coverage on AGNC Investment in a research report on Tuesday, February 20th. They issued a "buy" rating and a $10.25 price objective for the company. Royal Bank of Canada reduced their target price on AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a research report on Thursday, January 25th. Finally, Barclays increased their price target on AGNC Investment from $8.00 to $9.00 and gave the stock an "equal weight" rating in a report on Monday, January 22nd. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $9.79.

AGNC Investment Price Performance

The company has a fifty day moving average of $9.54 and a 200-day moving average of $9.27. 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 stock has a market cap of $6.36 billion, a PE ratio of 10.06 and a beta of 1.45.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its quarterly earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.56 by $0.02. AGNC Investment had a net margin of 32.12% and a return on equity of 27.92%. The company had revenue of $642.00 million for the quarter, compared to analyst estimates of $568.38 million. During the same period in the prior year, the firm earned $0.70 earnings per share. Sell-side analysts expect that AGNC Investment Corp. will post 2.1 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The firm also recently declared a apr 24 dividend, which will be paid on Thursday, May 9th. Shareholders of record on Tuesday, April 30th will be given a $0.12 dividend. The ex-dividend date of this dividend is Monday, April 29th. This represents a yield of 15.4%. AGNC Investment's dividend payout ratio is presently 158.24%.

Insiders Place Their Bets

In other news, Director Frances Spark sold 5,000 shares of the stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $9.35, for a total value of $46,750.00. Following the sale, the director now directly owns 75,545 shares in the company, valued at $706,345.75. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.43% of the company's stock.

Institutional Trading of AGNC Investment

A number of large investors have recently made changes to their positions in AGNC. MeadowBrook Investment Advisors LLC acquired a new stake in AGNC Investment in the fourth quarter valued at $30,000. Bruce G. Allen Investments LLC purchased a new stake in shares of AGNC Investment during the 4th quarter worth approximately $37,000. Verity & Verity LLC acquired a new position in shares of AGNC Investment in the 1st quarter valued at $45,000. CENTRAL TRUST Co acquired a new stake in AGNC Investment during the 4th quarter worth $46,000. Finally, Allworth Financial LP lifted its position in AGNC Investment by 76.5% in the fourth quarter. Allworth Financial LP now owns 4,836 shares of the real estate investment trust's stock valued at $47,000 after acquiring an additional 2,096 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).