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

AGNC Investment Corp. (NASDAQ:AGNC) rose 0% during trading on Wednesday . The stock 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.

Wall Street Analyst Weigh In

AGNC has been the topic of several research reports. 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. Keefe, Bruyette & Woods dropped their price objective 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. Royal Bank of Canada reiterated an “outperform” rating and set a $11.00 price objective on shares of AGNC Investment in a research note on Thursday, January 30th. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Finally, Wells Fargo & Company dropped their price objective 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. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $10.50.

AGNC Investment Price Performance

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 firm has a market capitalization of $9.27 billion, a price-to-earnings ratio of 10.79 and a beta of 1.48. The business has a fifty day moving average of $9.66 and a two-hundred day moving average of $9.89.

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

AGNC Investment Announces Dividend

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

Insider Buying and Selling at AGNC Investment

In other AGNC Investment news, CFO Bernice Bell sold 13,000 shares of the company’s stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $10.04, for a total value of $130,520.00. Following the transaction, the chief financial officer now directly owns 372,226 shares of the company’s stock, valued at $3,737,149.04. This represents a 3.37 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Frances Spark sold 5,000 shares of the company’s 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 completion of the transaction, the director now directly owns 75,919 shares in the company, valued at approximately $766,781.90. This represents a 6.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.43% of the company’s stock.

Institutional Trading of AGNC Investment

A number of institutional investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio lifted its position in shares of AGNC Investment by 3.7% during the 4th 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 acquiring an additional 10,357 shares during the period. 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. Finally, McIlrath & Eck LLC lifted its position 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 acquiring an additional 6,426 shares during the period. 38.28% of the stock is currently owned by institutional investors.

AGNC Investment Company Profile

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).