AGNC Investment (NASDAQ:AGNC) Shares Down 0.1% – What’s Next?

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

Wall Street Analyst Weigh In

Several analysts recently issued reports on AGNC shares. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research note on Thursday. StockNews.com lowered shares of AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. Finally, JPMorgan Chase & Co. lowered their target price on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a report on Monday, December 9th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $10.64.

AGNC Investment Trading Up 0.4 %

The stock has a market cap of $8.57 billion, a P/E ratio of 6.72 and a beta of 1.47. 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’s fifty day moving average is $9.50 and its 200 day moving average is $9.90.

AGNC Investment Dividend Announcement

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

Hedge Funds Weigh In On AGNC Investment

Large investors have recently modified their holdings of the stock. Riverview Trust Co purchased a new position in AGNC Investment during the third quarter worth $25,000. Financial Life Planners bought a new stake in shares of AGNC Investment in the 4th quarter worth about $28,000. Point72 Asset Management L.P. purchased a new position in shares of AGNC Investment during the 3rd quarter worth about $32,000. Northwestern Mutual Wealth Management Co. grew its holdings in 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 purchasing an additional 1,255 shares during the last quarter. Finally, Blue Trust Inc. raised its position 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 purchasing an additional 2,966 shares during the period. Institutional investors 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).