February 9, 2025

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AGNC Investment (NASDAQ:AGNC) Trading Down 0.1% on Insider Selling

AGNC Investment (NASDAQ:AGNC) Trading Down 0.1% on Insider Selling


AGNC Investment Corp. (NASDAQ:AGNC – Get Free Report)’s share price fell 0.1% during trading on Friday following insider selling activity. The stock traded as low as $10.03 and last traded at $10.06. 2,308,689 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 12,543,030 shares. The stock had previously closed at $10.07.

Specifically, CFO Bernice Bell sold 5,000 shares of the stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $10.07, for a total value of $50,350.00. Following the completion of the sale, the chief financial officer now directly owns 298,182 shares in the company, valued at $3,002,692.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.52% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on AGNC. JPMorgan Chase & Co. raised their price target on shares of AGNC Investment from $9.50 to $10.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 16th. Keefe, Bruyette & Woods boosted their price objective on shares of AGNC Investment from $10.00 to $10.25 and gave the company an “outperform” rating in a research report on Thursday, July 25th. Janney Montgomery Scott assumed coverage on shares of AGNC Investment in a research report on Thursday, June 6th. They issued a “buy” rating and a $10.50 price objective on the stock. Jonestrading reduced their price target on shares of AGNC Investment from $10.75 to $10.25 and set a “buy” rating on the stock in a research report on Tuesday, April 23rd. Finally, Compass Point boosted their price objective on shares of AGNC Investment from $10.25 to $11.00 and gave the stock a “buy” rating in a research note on Wednesday, July 24th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $10.00.

Read Our Latest Stock Analysis on AGNC Investment

AGNC Investment Trading Up 0.2 %

The company’s fifty day moving average is $9.90 and its two-hundred day moving average is $9.68. The stock has a market cap of $7.33 billion, a price-to-earnings ratio of 11.09 and a beta of 1.48. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC – Get Free Report) last released its quarterly earnings data on Monday, July 22nd. The real estate investment trust reported $0.53 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.01). AGNC Investment had a return on equity of 26.78% and a net margin of 16.15%. The company had revenue of $695.00 million for the quarter, compared to analyst estimates of $643.29 million. During the same period in the previous year, the business posted $0.67 EPS. The firm’s revenue for the quarter was up 52.1% compared to the same quarter last year. On average, research analysts predict that AGNC Investment Corp. will post 2.11 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The business also recently disclosed a aug 24 dividend, which will be paid on Wednesday, September 11th. Shareholders of record on Friday, August 30th will be issued a dividend of $0.12 per share. AGNC Investment’s payout ratio is currently 158.24%.

Institutional Trading of AGNC Investment

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. MeadowBrook Investment Advisors LLC acquired a new position in shares of AGNC Investment in the 4th quarter valued at $30,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of AGNC Investment in the 2nd quarter valued at $31,000. LRI Investments LLC purchased a new position in AGNC Investment in the 1st quarter valued at $38,000. Verity & Verity LLC purchased a new position in AGNC Investment in the 1st quarter valued at $45,000. Finally, Allworth Financial LP grew its position in AGNC Investment by 76.5% in the 4th quarter. Allworth Financial LP now owns 4,836 shares of the real estate investment trust’s stock valued at $47,000 after buying an additional 2,096 shares during the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.

About AGNC Investment

(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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