Other equities analysts have also issued reports about the stock. Maxim Group reiterated a buy rating and set a $20.00 target price on shares of Ellington Financial in a research report on Thursday, July 4th. TheStreet lowered shares of Trinity Industries from a b rating to a c rating in a research report on Thursday, April 25th. Zacks Investment Research lowered shares of Ionis Pharmaceuticals from a buy rating to a hold rating in a research report on Friday, April 5th. ValuEngine lowered shares of Zumiez from a hold rating to a sell rating in a report on Monday, May 13th. Finally, Nomura cut their price objective on shares of Carnival from $66.00 to $61.00 and set a buy rating on the stock in a report on Wednesday, March 27th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company’s stock. AGNC Investment currently has an average rating of Hold and a consensus price target of $18.33.
Shares of AGNC stock opened at $17.34 on Friday. AGNC Investment has a 1 year low of $16.19 and a 1 year high of $19.72. The business’s 50 day moving average is $16.86. The firm has a market capitalization of $9.29 billion, a price-to-earnings ratio of 7.38, a price-to-earnings-growth ratio of 2.85 and a beta of 0.24. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.25 and a quick ratio of 0.25.
The firm also recently disclosed a jul 19 dividend, which will be paid on Friday, August 9th. Investors of record on Wednesday, July 31st will be issued a $0.16 dividend. The ex-dividend date of this dividend is Tuesday, July 30th. AGNC Investment’s dividend payout ratio is currently 81.70%.
In other news, CEO Gary D. Kain bought 97,802 shares of the stock in a transaction on Tuesday, May 28th. The stock was purchased at an average price of $17.73 per share, with a total value of $1,734,029.46. Following the completion of the purchase, the chief executive officer now owns 1,300 shares of the company’s stock, valued at $23,049. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Gary D. Kain bought 7,500 shares of the stock in a transaction on Friday, May 24th. The stock was purchased at an average cost of $17.01 per share, with a total value of $127,575.00. Following the purchase, the chief executive officer now directly owns 1,300 shares of the company’s stock, valued at approximately $22,113. The disclosure for this purchase can be found here. Corporate insiders own 0.30% of the company’s stock.
Large investors have recently modified their holdings of the business. Global Retirement Partners LLC increased its stake in AGNC Investment by 276.9% in the first quarter. Global Retirement Partners LLC now owns 1,568 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 1,152 shares in the last quarter. Bronfman E.L. Rothschild L.P. increased its stake in AGNC Investment by 64.6% in the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 2,125 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 834 shares in the last quarter. Harvest Group Wealth Management LLC bought a new stake in AGNC Investment in the first quarter valued at approximately $49,000. Destination Wealth Management bought a new stake in AGNC Investment in the first quarter valued at approximately $57,000. Finally, Penserra Capital Management LLC bought a new stake in AGNC Investment in the first quarter valued at approximately $61,000. 68.39% of the stock is owned by hedge funds and other institutional investors.
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).
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