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

AGNC Investment Corp. (NASDAQ:AGNCGet Free Report) saw a large increase in short interest in March. As of March 31st, there was short interest totalling 51,650,000 shares, an increase of 6.0% from the March 15th total of 48,710,000 shares. Based on an average daily volume of 11,470,000 shares, the days-to-cover ratio is currently 4.5 days.

Insider Transactions at AGNC Investment

In other news, CFO Bernice Bell sold 10,000 shares of the stock in a transaction on Friday, January 26th. The stock was sold at an average price of $9.85, for a total transaction of $98,500.00. Following the sale, the chief financial officer now directly owns 287,282 shares of the company’s stock, valued at approximately $2,829,727.70. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.43% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Firethorn Wealth Partners LLC boosted its position in shares of AGNC Investment by 17.3% during the first quarter. Firethorn Wealth Partners LLC now owns 74,503 shares of the real estate investment trust’s stock valued at $738,000 after buying an additional 10,982 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of AGNC Investment by 39.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 52,295 shares of the real estate investment trust’s stock valued at $518,000 after buying an additional 14,898 shares during the last quarter. Fermata Advisors LLC boosted its position in shares of AGNC Investment by 53.0% during the first quarter. Fermata Advisors LLC now owns 23,213 shares of the real estate investment trust’s stock valued at $230,000 after buying an additional 8,039 shares during the last quarter. Cooper Financial Group boosted its position in shares of AGNC Investment by 67.9% during the first quarter. Cooper Financial Group now owns 87,522 shares of the real estate investment trust’s stock valued at $866,000 after buying an additional 35,401 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its holdings in AGNC Investment by 11.9% during the first quarter. International Assets Investment Management LLC now owns 91,091 shares of the real estate investment trust’s stock worth $893,000 after acquiring an additional 9,678 shares during the period. Hedge funds and other institutional investors own 38.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Barclays increased their target price on AGNC Investment from $8.00 to $9.00 and gave the company an “equal weight” rating in a research report on Monday, January 22nd. StockNews.com upgraded AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, March 12th. Compass Point started coverage on AGNC Investment in a research report on Tuesday, February 20th. They set a “buy” rating and a $10.25 price objective for the company. Royal Bank of Canada lowered their target price on AGNC Investment from $11.00 to $10.00 and set an “outperform” rating for the company in a report on Thursday, January 25th. Finally, Jonestrading started coverage on AGNC Investment in a report on Friday, March 22nd. They issued a “buy” rating and a $10.75 target price for the company. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, AGNC Investment currently has an average rating of “Moderate Buy” and an average price target of $9.93.

View Our Latest Stock Analysis on AGNC Investment

AGNC Investment Trading Down 1.9 %

Shares of AGNC Investment stock opened at $8.96 on Wednesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.26 and a current ratio of 0.26. AGNC Investment has a 52 week low of $6.81 and a 52 week high of $10.64. The stock has a 50 day moving average price of $9.58 and a two-hundred day moving average price of $9.25. The stock has a market capitalization of $6.23 billion, a PE ratio of 896.90 and a beta of 1.45.

AGNC Investment (NASDAQ:AGNCGet Free Report) last announced its earnings results on Monday, January 29th. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.11. The company had revenue of $640.00 million for the quarter, compared to analysts’ expectations of $570.42 million. AGNC Investment had a return on equity of 28.02% and a net margin of 7.59%. During the same quarter in the previous year, the firm earned $0.74 earnings per share. As a group, equities analysts anticipate that AGNC Investment will post 2.16 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The business also recently announced a apr 24 dividend, which will be paid on Thursday, May 9th. Investors of record on Tuesday, April 30th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Monday, April 29th. This represents a dividend yield of 15.4%. AGNC Investment’s payout ratio is 14,414.41%.

AGNC Investment Company Profile

(Get Free Report)

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).

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