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

AGNC Investment Corp. (NASDAQ:AGNC)’s share price rose 0.1% on Tuesday . The company 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 Upgrades and Downgrades

A number of brokerages have weighed in on AGNC. JPMorgan Chase & Co. reduced their price target on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a research report on Monday, December 9th. Argus upgraded AGNC Investment to a “hold” rating in a report on Tuesday, February 4th. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Royal Bank of Canada reissued an “outperform” rating and issued a $11.00 price target on shares of AGNC Investment in a report on Thursday, January 30th. Finally, Wells Fargo & Company dropped their price objective on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, AGNC Investment has an average rating of “Moderate Buy” and an average target price of $10.50.

AGNC Investment Stock Up 0.6 %

The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $9.33 billion, a P/E ratio of 10.86 and a beta of 1.48. The business’s fifty day moving average price is $9.70 and its 200 day moving average price is $9.90.

AGNC Investment (NASDAQ:AGNC) last posted 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 research analysts predict that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

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

Insiders Place Their Bets

In related 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 value of $50,500.00. Following the completion of the transaction, the director now directly owns 75,919 shares of the company’s stock, valued at $766,781.90. The trade was a 6.18 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Bernice Bell sold 13,000 shares of the stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $10.04, for a total transaction of $130,520.00. Following the sale, the chief financial officer now directly owns 372,226 shares in the company, valued at approximately $3,737,149.04. This represents a 3.37 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.52% of the company’s stock.

Hedge Funds Weigh In On AGNC Investment

Several large investors have recently made changes to their positions in AGNC. Kingstone Capital Partners Texas LLC bought a new position in shares of AGNC Investment in the 4th quarter valued at about $169,000. Public Employees Retirement System of Ohio lifted its holdings in AGNC Investment by 3.7% in the fourth quarter. Public Employees Retirement System of Ohio now owns 286,609 shares of the real estate investment trust’s stock valued at $2,640,000 after buying an additional 10,357 shares during the period. Alpine Global Management LLC bought a new position in AGNC Investment in the fourth quarter valued at approximately $107,000. Fourth Dimension Wealth LLC acquired a new stake in AGNC Investment during the 4th quarter worth $26,000. Finally, Vise Technologies Inc. bought a new stake in shares of AGNC Investment during the 4th quarter valued at $93,000. Institutional investors and hedge funds 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).