AGNC Investment (NASDAQ:AGNC) Shares Up 0.4% - Here's Why

Shares of AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) traded up 0.4% during trading on Friday . The company traded as high as $8.78 and last traded at $8.76. 7,705,390 shares changed hands during trading, a decline of 71% from the average session volume of 26,806,244 shares. The stock had previously closed at $8.72.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Argus upgraded shares of AGNC Investment to a "hold" rating in a research note on Tuesday, February 4th. Jones Trading dropped their price target on AGNC Investment from $10.25 to $9.50 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. JMP Securities reaffirmed a "market perform" rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Wells Fargo & Company dropped their target price on AGNC Investment from $11.00 to $10.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Finally, StockNews.com raised shares of AGNC Investment from a "sell" rating to a "hold" rating in a research report on Tuesday, February 25th. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $10.11.

AGNC Investment Trading Up 1.5 %

The stock's 50 day moving average price is $9.56 and its 200-day moving average price is $9.66. The stock has a market capitalization of $8.10 billion, a P/E ratio of 9.12 and a beta of 1.32. 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 (NASDAQ:AGNC - Get Free Report) last posted its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.44 EPS for the quarter, topping the consensus estimate of $0.41 by $0.03. AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. The firm had revenue of $846.00 million during the quarter, compared to analyst estimates of $436.71 million. During the same quarter in the previous year, the business posted $0.58 EPS. As a group, equities research analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

The firm also recently disclosed 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 360.00%.

Insider Transactions 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 shares were sold at an average price of $10.10, for a total value of $50,500.00. Following the completion of the sale, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Bernice Bell sold 13,000 shares of AGNC Investment 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 completion of the sale, the chief financial officer now owns 372,226 shares in the company, valued at approximately $3,737,149.04. This trade represents a 3.37 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.42% of the company's stock.

Institutional Trading of AGNC Investment

A number of institutional investors have recently made changes to their positions in AGNC. Fourth Dimension Wealth LLC acquired a new position in AGNC Investment during the fourth quarter worth $26,000. Financial Life Planners purchased a new position in AGNC Investment in the fourth quarter worth approximately $28,000. National Bank of Canada FI increased its stake in AGNC Investment by 112.7% during the fourth quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust's stock worth $32,000 after acquiring an additional 1,832 shares during the last quarter. Spire Wealth Management lifted its stake in shares of AGNC Investment by 94.5% in the 4th quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust's stock valued at $37,000 after purchasing an additional 1,972 shares during the last quarter. Finally, CoreCap Advisors LLC grew its holdings in shares of AGNC Investment by 34.8% during the 4th quarter. CoreCap Advisors LLC now owns 4,765 shares of the real estate investment trust's stock worth $44,000 after purchasing an additional 1,229 shares during the period. 38.28% of the stock is 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).