AGNC Investment (NASDAQ:AGNC) Trading Down 0.1% – Time to Sell?

AGNC Investment Corp. (NASDAQ:AGNC) traded down 0.1% on Thursday . The company traded as low as $9.70 and last traded at $9.71. 3,633,186 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 16,629,438 shares. The stock had previously closed at $9.71.

Analyst Ratings Changes

Several analysts have commented on AGNC shares. JPMorgan Chase & Co. cut their target price on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a research note on Monday, December 9th. StockNews.com downgraded AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. Finally, JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a report on Thursday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, AGNC Investment presently has an average rating of “Moderate Buy” and an average price target of $10.64.

AGNC Investment Stock Up 0.4 %

The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. The stock has a market cap of $8.57 billion, a PE ratio of 6.72 and a beta of 1.47. The company’s 50-day moving average price is $9.50 and its 200 day moving average price is $9.90.

AGNC Investment Dividend Announcement

The firm also recently declared a jan 25 dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be given a $0.12 dividend. The ex-dividend date is Friday, January 31st. This represents a yield of 15.5%. AGNC Investment’s payout ratio is presently 100.00%.

Institutional Investors Weigh In On AGNC Investment

A number of hedge funds have recently modified their holdings of the business. Riverview Trust Co purchased a new position in AGNC Investment during the third quarter valued at $25,000. Financial Life Planners purchased a new position in shares of AGNC Investment during the 4th quarter valued at about $28,000. Point72 Asset Management L.P. bought a new position in shares of AGNC Investment during the 3rd quarter valued at approximately $32,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of AGNC Investment by 52.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 1,255 shares during the period. Finally, Blue Trust Inc. increased its holdings 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 worth $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).