AGNC Investment (NASDAQ:AGNC) Trading 0.5% Higher - What's Next?

Shares of AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) shot up 0.5% on Friday . The company traded as high as $8.45 and last traded at $8.34. 39,122,252 shares traded hands during trading, an increase of 110% from the average session volume of 18,663,875 shares. The stock had previously closed at $8.30.

Analysts Set New Price Targets

A number of research firms have issued reports on AGNC. Keefe, Bruyette & Woods decreased their price objective on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a report on Wednesday, January 29th. JPMorgan Chase & Co. lowered their price target on shares of AGNC Investment from $9.50 to $8.50 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. JMP Securities restated a "market perform" rating on shares of AGNC Investment in a report on Thursday, January 23rd. Argus raised AGNC Investment to a "hold" rating in a research report on Tuesday, February 4th. Finally, Jones Trading dropped their target price on AGNC Investment from $10.25 to $9.50 and set a "buy" rating on the stock in a report on Tuesday. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, AGNC Investment currently has an average rating of "Moderate Buy" and a consensus price target of $10.13.

AGNC Investment Stock Up 3.6 %

The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. The stock has a market cap of $7.74 billion, a PE ratio of 8.71 and a beta of 1.32. The company's 50-day moving average price is $9.70 and its 200 day moving average price is $9.70.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its quarterly earnings results on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.03. The business had revenue of $846.00 million for the quarter, compared to analysts' expectations of $436.71 million. AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. During the same quarter last year, the company posted $0.58 EPS. As a group, analysts forecast that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently disclosed a apr 25 dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 30th will be paid a dividend of $0.12 per share. The ex-dividend date is Wednesday, April 30th. This represents a dividend yield of 17.7%. AGNC Investment's dividend payout ratio (DPR) is presently 148.45%.

Insider Buying and Selling at AGNC Investment

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

Institutional Investors Weigh In On AGNC Investment

A number of hedge funds have recently made changes to their positions in AGNC. Barclays PLC grew its holdings in shares of AGNC Investment by 4.8% in the third quarter. Barclays PLC now owns 1,552,969 shares of the real estate investment trust's stock valued at $16,242,000 after purchasing an additional 71,330 shares in the last quarter. Tidal Investments LLC increased its stake in AGNC Investment by 3.3% during the third quarter. Tidal Investments LLC now owns 96,081 shares of the real estate investment trust's stock worth $1,005,000 after acquiring an additional 3,075 shares during the last quarter. Peapack Gladstone Financial Corp purchased a new stake in AGNC Investment during the third quarter valued at approximately $142,000. Franklin Resources Inc. raised its holdings in AGNC Investment by 35.8% during the 3rd quarter. Franklin Resources Inc. now owns 584,370 shares of the real estate investment trust's stock valued at $6,060,000 after buying an additional 154,029 shares during the period. Finally, Confluence Investment Management LLC bought a new stake in AGNC Investment in the fourth quarter worth $386,000. 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).