AGNC Investment Corp. (NASDAQ:AGNC) Short Interest Update

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) saw a significant decrease in short interest in March. As of March 15th, there was short interest totalling 46,570,000 shares, a decrease of 22.1% from the February 28th total of 59,800,000 shares. Approximately 5.3% of the company's shares are sold short. Based on an average daily volume of 21,330,000 shares, the short-interest ratio is presently 2.2 days.

AGNC Investment Stock Down 1.5 %

AGNC Investment stock traded down $0.14 during mid-day trading on Thursday, hitting $9.34. The company had a trading volume of 37,581,993 shares, compared to its average volume of 16,981,711. 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 1 year low of $8.92 and a 1 year high of $10.85. The business has a fifty day moving average of $10.12 and a 200 day moving average of $9.90. The stock has a market cap of $8.55 billion, a price-to-earnings ratio of 9.63 and a beta of 1.50.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its earnings results 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%. On average, sell-side analysts expect that AGNC Investment will post 1.61 earnings per share for the current fiscal year.

Remove Ads

AGNC Investment Announces Dividend

The company also recently announced a mar 25 dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Monday, March 31st will be given a dividend of $0.12 per share. This represents a dividend yield of 14.1%. The ex-dividend date is Monday, March 31st. AGNC Investment's dividend payout ratio (DPR) is currently 148.45%.

Insiders Place Their Bets

In other AGNC Investment news, CFO Bernice Bell sold 13,000 shares of the business's stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $10.04, for a total transaction of $130,520.00. Following the sale, the chief financial officer now directly owns 372,226 shares in the company, valued at $3,737,149.04. This represents a 3.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Frances Spark sold 5,000 shares of the stock in a transaction dated 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 directly owns 75,919 shares in the company, valued at $766,781.90. This represents a 6.18 % decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is owned by insiders.

Institutional Trading of AGNC Investment

A number of large investors have recently made changes to their positions in AGNC. Fourth Dimension Wealth LLC purchased a new stake in AGNC Investment in the fourth quarter valued at approximately $26,000. Financial Life Planners acquired a new position in shares of AGNC Investment in the 4th quarter valued at $28,000. Point72 Asset Management L.P. purchased a new stake in AGNC Investment in the 3rd quarter valued at $32,000. National Bank of Canada FI boosted its stake 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 worth $32,000 after purchasing an additional 1,832 shares during the period. Finally, Spire Wealth Management grew its position 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 owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have issued reports on AGNC. JMP Securities reiterated a "market perform" rating on shares of AGNC Investment in a report on Thursday, January 23rd. Argus upgraded AGNC Investment to a "hold" rating in a report on Tuesday, February 4th. JPMorgan Chase & Co. decreased their price objective on AGNC Investment from $10.00 to $9.50 and set an "overweight" rating for the company in a research note on Monday, December 9th. Royal Bank of Canada restated an "outperform" rating and set a $11.00 target price on shares of AGNC Investment in a research note on Thursday, January 30th. Finally, Keefe, Bruyette & Woods decreased their price target on shares of AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a research note on Wednesday, January 29th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $10.50.

AGNC Investment Company Profile

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).