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

AGNC Investment Corp. (NASDAQ:AGNC) shares shot up 0.1% during trading on Wednesday . The company traded as high as $8.46 and last traded at $8.42. 6,959,256 shares changed hands during mid-day trading, a decline of 62% from the average session volume of 18,424,338 shares. The stock had previously closed at $8.41.

Analysts Set New Price Targets

AGNC has been the topic of several recent analyst reports. Wells Fargo & Company dropped 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. JPMorgan Chase & Co. dropped their price objective on shares of AGNC Investment from $9.50 to $8.50 and set an “overweight” rating on the stock in a research note on Wednesday. Argus upgraded shares of AGNC Investment to a “hold” rating in a research report on Tuesday, February 4th. StockNews.com raised AGNC Investment from a “sell” rating to a “hold” rating in a report on Tuesday, February 25th. Finally, Keefe, Bruyette & Woods cut their price objective on AGNC Investment from $10.75 to $10.25 and set an “outperform” rating for the company in a research report on Wednesday, January 29th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, AGNC Investment has a consensus rating of “Moderate Buy” and an average target price of $10.36.

AGNC Investment Stock Performance

The stock has a market capitalization of $7.57 billion, a P/E ratio of 8.53 and a beta of 1.32. The company has a fifty day moving average of $9.85 and a two-hundred day moving average of $9.76. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 EPS for the quarter, missing analysts’ consensus estimates 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 analysts anticipate that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

The business also recently announced a apr 25 dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 30th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a yield of 17.7%. AGNC Investment’s payout ratio is currently 148.45%.

Insider Transactions at AGNC Investment

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of the business’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total transaction of $50,500.00. Following the sale, the director now directly owns 75,919 shares in the company, valued at approximately $766,781.90. The trade was a 6.18 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Bernice Bell sold 13,000 shares of the business’s stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $10.04, for a total transaction of $130,520.00. Following the completion of the sale, the chief financial officer now owns 372,226 shares in the company, valued at $3,737,149.04. The trade was a 3.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.42% of the company’s stock.

Institutional Investors Weigh In On AGNC Investment

Several large investors have recently modified their holdings of AGNC. FMR LLC lifted its position in shares of AGNC Investment by 2.0% in the third quarter. FMR LLC now owns 103,556 shares of the real estate investment trust’s stock worth $1,083,000 after purchasing an additional 1,999 shares in the last quarter. HighTower Advisors LLC boosted its holdings in shares of AGNC Investment by 2.6% during the 3rd quarter. HighTower Advisors LLC now owns 94,358 shares of the real estate investment trust’s stock worth $987,000 after buying an additional 2,385 shares during the period. Quantinno Capital Management LP grew its position in shares of AGNC Investment by 30.9% in the third quarter. Quantinno Capital Management LP now owns 15,289 shares of the real estate investment trust’s stock valued at $160,000 after purchasing an additional 3,607 shares during the last quarter. Orion Portfolio Solutions LLC acquired a new position in shares of AGNC Investment during the 3rd quarter worth about $130,000. Finally, Public Employees Retirement System of Ohio grew its holdings in AGNC Investment by 0.9% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 276,252 shares of the real estate investment trust’s stock valued at $2,890,000 after buying an additional 2,365 shares during the last quarter. 38.28% of the stock is owned by institutional investors.

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).