AGNC Investment (NASDAQ:AGNC) Shares Up 0.1% – What’s Next?

Shares of AGNC Investment Corp. (NASDAQ:AGNC) rose 0.1% during trading on Tuesday . The stock traded as high as $10.49 and last traded at $10.45. Approximately 5,283,367 shares traded hands during trading, a decline of 72% from the average daily volume of 18,999,488 shares. The stock had previously closed at $10.43.

Analyst Ratings Changes

AGNC has been the topic of several research reports. Argus raised shares of AGNC Investment to a “hold” rating in a research note on Tuesday, February 4th. JPMorgan Chase & Co. decreased 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 note on Monday, December 9th. Keefe, Bruyette & Woods decreased their price target on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating on the stock in a research note on Wednesday, January 29th. Royal Bank of Canada reissued an “outperform” rating and set a $11.00 price target on shares of AGNC Investment in a research note on Thursday, January 30th. Finally, Wells Fargo & Company decreased their price target on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $10.50.

AGNC Investment Trading Up 0.6 %

The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23. The firm’s 50 day moving average is $9.66 and its 200 day moving average is $9.89. The company has a market capitalization of $9.29 billion, a PE ratio of 10.81 and a beta of 1.48.

AGNC Investment (NASDAQ:AGNC) last issued its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 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%. As a group, equities analysts predict that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Dividend Announcement

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

Insider Activity at AGNC Investment

In related news, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total value of $50,500.00. Following the sale, the director now owns 75,919 shares in the company, valued at $766,781.90. The trade was a 6.18 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Bernice Bell sold 13,000 shares of the business’s stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $10.04, for a total transaction of $130,520.00. Following the sale, the chief financial officer now owns 372,226 shares in the company, valued at approximately $3,737,149.04. This trade represents a 3.37 % decrease in their position. The disclosure for this sale can be found here. 0.52% of the stock is currently owned by company insiders.

Institutional Trading of AGNC Investment

A number of hedge funds have recently modified their holdings of the business. Alpine Global Management LLC bought a new stake in shares of AGNC Investment during the 4th quarter valued at $107,000. Fourth Dimension Wealth LLC bought a new stake in shares of AGNC Investment during the 4th quarter valued at $26,000. Vise Technologies Inc. bought a new stake in shares of AGNC Investment during the 4th quarter valued at $93,000. McIlrath & Eck LLC boosted its holdings in shares of AGNC Investment by 524.1% during the 4th quarter. McIlrath & Eck LLC now owns 7,652 shares of the real estate investment trust’s stock valued at $70,000 after buying an additional 6,426 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC bought a new stake in shares of AGNC Investment during the 4th quarter valued at $132,000. 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).