AGNC Investment (NASDAQ:AGNC) Stock Price Up 0% – What’s Next?

AGNC Investment Corp. (NASDAQ:AGNC) was up 0% on Wednesday . The company traded as high as $10.52 and last traded at $10.50. Approximately 5,654,002 shares changed hands during mid-day trading, a decline of 70% from the average daily volume of 19,035,227 shares. The stock had previously closed at $10.49.

Analyst Ratings Changes

Several equities analysts have commented on AGNC shares. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Wells Fargo & Company lowered their price target on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Royal Bank of Canada restated an “outperform” rating and issued a $11.00 price objective on shares of AGNC Investment in a research note on Thursday, January 30th. Keefe, Bruyette & Woods decreased their price target on AGNC Investment from $10.75 to $10.25 and set an “outperform” rating on the stock in a research note on Wednesday, January 29th. Finally, JPMorgan Chase & Co. reduced their price target on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a research report on Monday, December 9th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, AGNC Investment has a consensus rating of “Moderate Buy” and an average target price of $10.50.

AGNC Investment Price Performance

The company has a market capitalization of $9.27 billion, a price-to-earnings ratio of 10.79 and a beta of 1.48. The company has a 50-day moving average price of $9.66 and a 200-day moving average price of $9.89. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23.

AGNC Investment (NASDAQ:AGNC) last posted its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. On average, equities research analysts expect that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently disclosed a feb 25 dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.12 per share. This represents a dividend yield of 13.8%. The ex-dividend date is Friday, February 28th. AGNC Investment’s dividend payout ratio (DPR) is presently 148.46%.

Insider Activity

In other news, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total transaction of $50,500.00. Following the transaction, the director now owns 75,919 shares in the company, valued at $766,781.90. The trade was a 6.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Bernice Bell sold 13,000 shares of AGNC Investment stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $10.04, for a total value of $130,520.00. Following the transaction, the chief financial officer now owns 372,226 shares in the company, valued at $3,737,149.04. This trade represents a 3.37 % decrease in their position. The disclosure for this sale can be found here. 0.43% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On AGNC Investment

Institutional investors have recently modified their holdings of the business. Fourth Dimension Wealth LLC bought a new stake in AGNC Investment in the 4th quarter valued at approximately $26,000. Financial Life Planners bought a new stake in AGNC Investment in the 4th quarter valued at approximately $28,000. Point72 Asset Management L.P. bought a new stake in AGNC Investment in the 3rd quarter valued at approximately $32,000. National Bank of Canada FI lifted its stake in AGNC Investment by 112.7% in the 4th quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 1,832 shares in the last quarter. Finally, Blue Trust Inc. lifted its stake in AGNC Investment by 315.9% in the 3rd quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 2,966 shares in the last quarter. Institutional investors own 38.28% of the company’s stock.

About AGNC Investment

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).