AGNC Investment Corp. (NASDAQ:AGNC) Receives $10.50 Average PT from Brokerages

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the ten ratings firms that are presently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $10.50.

AGNC has been the subject of several analyst reports. StockNews.com upgraded shares of AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, February 25th. Royal Bank of Canada reiterated an "outperform" rating and issued a $11.00 price target on shares of AGNC Investment in a research report on Thursday, January 30th. Keefe, Bruyette & Woods reduced their price target on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a research report on Wednesday, January 29th. Argus upgraded AGNC Investment to a "hold" rating in a research note on Tuesday, February 4th. Finally, JMP Securities reiterated a "market perform" rating on shares of AGNC Investment in a research report on Thursday, January 23rd.

AGNC Investment Stock Performance

Shares of AGNC Investment stock traded down $0.03 on Friday, hitting $8.41. The stock had a trading volume of 36,376,860 shares, compared to its average volume of 18,460,601. The stock has a market cap of $7.70 billion, a price-to-earnings ratio of 8.67 and a beta of 1.32. The business's 50 day moving average is $9.85 and its two-hundred day moving average is $9.76. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. AGNC Investment has a twelve month low of $7.85 and a twelve month high of $10.85.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.05). AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. Analysts forecast that AGNC Investment will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

The business also recently declared a apr 25 dividend, which will be paid on Friday, May 9th. Stockholders of record on Wednesday, April 30th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a dividend yield of 17.7%. AGNC Investment's payout ratio is currently 148.45%.

Insider Activity at AGNC Investment

In related news, Director Frances Spark sold 5,000 shares of the business's stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total transaction of $50,500.00. Following the sale, the director now owns 75,919 shares in the company, valued at $766,781.90. The trade was a 6.18 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Bernice Bell sold 13,000 shares of the stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $10.04, for a total value of $130,520.00. Following the completion of the transaction, the chief financial officer now owns 372,226 shares of the company's stock, valued at $3,737,149.04. This represents a 3.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.42% of the stock is currently owned by insiders.

Hedge Funds Weigh In On AGNC Investment

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Fourth Dimension Wealth LLC bought a new stake in shares of AGNC Investment in the 4th quarter valued at about $26,000. Financial Life Planners bought a new stake in AGNC Investment in the fourth quarter valued at approximately $28,000. Point72 Asset Management L.P. bought a new stake in AGNC Investment in the third quarter valued at approximately $32,000. National Bank of Canada FI increased its position in AGNC Investment by 112.7% during the 4th quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust's stock valued at $32,000 after purchasing an additional 1,832 shares during the period. Finally, Spire Wealth Management raised its holdings in AGNC Investment by 94.5% during the 4th quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 1,972 shares during the last quarter. 38.28% of the stock is currently 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).