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

AGNC Investment Corp. (NASDAQ:AGNC) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 50,470,000 shares, a growth of 10.7% from the October 15th total of 45,600,000 shares. Based on an average daily volume of 17,450,000 shares, the days-to-cover ratio is currently 2.9 days.

Institutional Investors Weigh In On AGNC Investment

Several hedge funds and other institutional investors have recently bought and sold shares of AGNC. Vaughan Nelson Investment Management L.P. grew its stake in shares of AGNC Investment by 200.5% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 14,446,725 shares of the real estate investment trust’s stock valued at $151,113,000 after buying an additional 9,639,675 shares during the period. Natixis Advisors LLC grew its position in AGNC Investment by 314.8% in the third quarter. Natixis Advisors LLC now owns 3,842,814 shares of the real estate investment trust’s stock worth $40,196,000 after acquiring an additional 2,916,345 shares during the period. Vanguard Group Inc. increased its stake in AGNC Investment by 3.7% during the first quarter. Vanguard Group Inc. now owns 65,735,466 shares of the real estate investment trust’s stock worth $650,781,000 after acquiring an additional 2,368,658 shares during the last quarter. ORG Wealth Partners LLC purchased a new stake in AGNC Investment in the third quarter valued at $17,463,000. Finally, Boston Partners lifted its stake in shares of AGNC Investment by 522.4% in the 1st quarter. Boston Partners now owns 1,437,698 shares of the real estate investment trust’s stock valued at $14,229,000 after purchasing an additional 1,206,714 shares during the last quarter. 38.28% of the stock is currently owned by institutional investors and hedge funds.

AGNC Investment Stock Up 0.7 %

AGNC stock opened at $9.58 on Friday. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. The firm has a 50-day moving average of $10.09 and a two-hundred day moving average of $9.96. AGNC Investment has a 12 month low of $8.57 and a 12 month high of $10.85. The company has a market cap of $8.48 billion, a price-to-earnings ratio of 6.65 and a beta of 1.47.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings results on Monday, October 21st. The real estate investment trust reported $0.43 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.04). The company had revenue of $756.00 million during the quarter, compared to analyst estimates of $219.50 million. AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. During the same period in the prior year, the business posted $0.65 EPS. As a group, analysts forecast that AGNC Investment will post 1.94 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently declared a nov 24 dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Friday, November 29th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a dividend yield of 14.9%. AGNC Investment’s payout ratio is 100.00%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Compass Point increased their target price on AGNC Investment from $10.25 to $11.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. Royal Bank of Canada increased their price objective on shares of AGNC Investment from $10.00 to $11.00 and gave the company an “outperform” rating in a report on Friday, August 16th. StockNews.com lowered shares of AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a research report on Wednesday, August 28th. Finally, Wells Fargo & Company upgraded AGNC Investment from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $10.00 to $12.00 in a report on Friday, September 20th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, AGNC Investment presently has an average rating of “Moderate Buy” and a consensus price target of $10.33.

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).