AGNC Investment Corp. (NASDAQ:AGNC) Options Trading Activity Surges
Are you looking to invest in AGNC Investment Corp. (NASDAQ:AGNC)? Well, you might want to pay attention to the recent insider trading activity and analyst upgrades and downgrades.
On Friday, there was a surge in options trading activity, with traders purchasing 32,382 put options on the stock. This is a significant increase compared to the typical daily volume, indicating a potential shift in sentiment towards AGNC.
In terms of insider trading, Director Paul E. Mullings recently sold 5,400 shares of the stock, while Director Frances Spark sold 5,000 shares. This follows a trend of insiders selling shares over the last three months, with a total of 15,900 shares sold.
On the institutional side, hedge funds like Wellington Management Group LLP and Vanguard Group Inc. have made significant changes to their positions in AGNC. This could indicate confidence or concern about the company’s future performance.
In terms of analyst opinions, there have been recent price target adjustments and ratings changes. While some analysts have lowered their price targets, others have raised them and given the stock a “buy” rating. Overall, the consensus rating for AGNC is a “Moderate Buy” with a price target of $9.94.
AGNC Investment is currently trading up 3.0%, with a market cap of $7.60 billion. The company recently reported earnings that beat analysts’ estimates, with a net margin of 32.12% and a return on equity of 27.14%.
Additionally, AGNC recently announced a dividend, with a payout ratio of 158.24% and a dividend yield of 13.8%. This could be an attractive option for income-seeking investors.
Overall, AGNC Investment Corp. is a real estate investment trust that invests in agency residential mortgage-backed securities. With recent insider trading activity, institutional investor changes, analyst opinions, and dividend announcements, there is a lot to consider when evaluating this stock for potential investment.
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So, what are your thoughts on AGNC Investment Corp.? Are you considering investing in this stock? Let us know in the comments below!
