Stock traders are buying a large volume of AGNC (NASDAQ:AGNC) investment options

AGNC Investment Corp. (NASDAQ:AGNC – Get Rating ) saw some unusual options trading activity on Friday. Investors bought 52,821 put options on the stock. This is an increase of approximately 286% compared to the typical volume of 13,669 puts.

Analyst upgrades and downgrades

Separately, Keefe, Bruyette & Woods upgraded shares of AGNC Investment from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $12.25 to $13.25 in a research note on Wednesday June 8. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $13.00.

AGNC investment price return

Shares of AGNC Investment stock opened at $10.77 on Friday. The company has a current ratio of 0.24, a quick ratio of 0.24, and a debt-to-equity ratio of 0.02. The company’s 50-day moving average price is $12.09, and its two-hundred-day moving average price is $12.08. AGNC Investment has a 52-week low of $9.99 and a 52-week high of $16.75. The stock has a market cap of $5.63 billion, a PE ratio of -5.64 and a beta of 1.07.

AGNC Investment (NASDAQ:AGNC – Get Rating ) last issued its quarterly earnings results on Monday, July 25th. The real estate investment trust reported $0.83 EPS for the quarter, topping the consensus estimate of $0.59 by $0.24. AGNC Investment had a negative net margin of 69.82% and a positive return on equity of 20.36%. The company had revenue of $315.00 million for the quarter, compared to analysts’ expectations of $323.75 million. During the same period last year, the business earned $0.76 earnings per share. AGNC Investment’s revenue for the quarter was up 35.8% compared to the same quarter last year. As a group, sell-side analysts expect that AGNC Investment will post 2.69 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently announced a dividend on September 22nd, which will be paid on Wednesday, October 12th. Shareholders of record on Friday, September 30th will be given a $0.12 dividend. This represents a return of 12.8%. The ex-dividend date is Thursday, September 29. AGNC Investment’s dividend payout ratio (DPR) is currently -75.39%.

Institutional investors influence AGNC’s investment

Hedge funds and other institutional investors have recently bought and sold shares of the business. Centiva Capital LP boosted its stake in AGNC Investment by 698.0% in the 2nd quarter. Centiva Capital LP now owns 2,990,016 shares of the real estate investment trust’s stock valued at $33,100,000 after buying an additional 3,490,016 shares in the last quarter. Northern Trust Corp boosted its stake in shares of AGNC Investment by 28.6% in the 2nd quarter. Northern Trust Corp now owns 6,052,716 shares of the real estate investment trust’s stock valued at $67,004,000 after buying an additional 1,346,753 shares in the last quarter. Swiss National Bank acquired a new stake in AGNC Investment in the 2nd quarter valued at approximately $13,630,000. Equity Investment Corp lifted its holdings in AGNC Investment by 36.7% in the 1st quarter. Equity Investment Corp now owns 4,014,444 shares of the real estate investment trust’s stock valued at $52,589,000 after buying an additional 1,076,783 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in AGNC Investment by 117.2% in the 4th quarter. Invesco Ltd. now owns 1,624,230 shares of the real estate investment trust’s stock valued at $24,429,000 after buying an additional 876,465 shares during the last quarter. 43.36% of the stock currently belongs to institutional investors.

AGNC Investment Company Profile

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AGNC Investment Corp., formerly American Capital Agency Corp., is a real estate investment trust. The Company invests in agency mortgage-backed securities on a leveraged basis. Its investments consist of residential mortgage-backed securities and collateralized mortgage obligations (CMOs) for which the principal and interest are guaranteed by a government-sponsored entity such as the Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) or by a United States government agency such as the Government National Mortgage Association (Ginnie Mae) (collectively, GSEs).

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