AGNC Investment (NASDAQ:AGNC) Stock Price Up 0.2% – What’s Next?

AGNC Investment Corp. (NASDAQ:AGNC)’s stock price was up 0.2% during trading on Wednesday . The stock traded as high as $9.75 and last traded at $9.75. Approximately 3,800,027 shares changed hands during trading, a decline of 77% from the average daily volume of 16,823,324 shares. The stock had previously closed at $9.73.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on AGNC shares. StockNews.com cut AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. JPMorgan Chase & Co. decreased their target price on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a research note on Monday, December 9th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $10.44.

AGNC Investment Trading Up 0.2 %

The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. The firm’s 50 day moving average is $9.50 and its two-hundred day moving average is $9.90. The stock has a market cap of $8.63 billion, a price-to-earnings ratio of 6.76 and a beta of 1.47.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.04). The company had revenue of $756.00 million for the quarter, compared to analyst estimates of $219.50 million. AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. During the same quarter in the previous year, the company posted $0.65 earnings per share. Equities analysts anticipate that AGNC Investment Corp. will post 1.94 EPS for the current year.

AGNC Investment Announces Dividend

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Riverview Trust Co acquired a new stake in shares of AGNC Investment during the 3rd quarter valued at $25,000. Point72 Asset Management L.P. bought a new stake in shares of AGNC Investment in the 3rd quarter valued at approximately $32,000. Northwestern Mutual Wealth Management Co. increased its holdings in AGNC Investment by 52.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 1,255 shares during the last quarter. Blue Trust Inc. raised its position in AGNC Investment by 315.9% during the third quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 2,966 shares in the last quarter. Finally, Quarry LP grew its position in AGNC Investment by 75.6% in the second quarter. Quarry LP now owns 5,285 shares of the real estate investment trust’s stock worth $50,000 after acquiring an additional 2,275 shares in the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.

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).