AGNC Investment (NASDAQ:AGNC) Trading Down 0.3% – Time to Sell?

Shares of AGNC Investment Corp. (NASDAQ:AGNC) fell 0.3% on Friday . The stock traded as low as $9.40 and last traded at $9.48. 4,879,399 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 14,040,090 shares. The stock had previously closed at $9.51.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. StockNews.com lowered shares of AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a research note on Wednesday, August 28th. Wells Fargo & Company upgraded AGNC Investment from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $10.00 to $12.00 in a research note on Friday, September 20th. Maxim Group cut AGNC Investment from a “buy” rating to a “hold” rating in a report on Wednesday, July 24th. Finally, Compass Point raised their target price on shares of AGNC Investment from $10.25 to $11.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $10.33.

AGNC Investment Price Performance

The business has a 50-day moving average price of $10.10 and a two-hundred day moving average price of $9.95. The company has a market capitalization of $8.43 billion, a price-to-earnings ratio of 6.58 and a beta of 1.47. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC) last released its 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 firm had revenue of $756.00 million during the quarter, compared to the consensus estimate 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 firm earned $0.65 EPS. As a group, research analysts anticipate that AGNC Investment Corp. will post 1.94 EPS for the current year.

AGNC Investment Announces Dividend

The firm also recently disclosed a nov 24 dividend, which will be paid on Tuesday, December 10th. Investors of record on Friday, November 29th will be given a $0.12 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a yield of 14.9%. AGNC Investment’s dividend payout ratio (DPR) is presently 100.00%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. US Bancorp DE raised its position in AGNC Investment by 279.0% during the third quarter. US Bancorp DE now owns 239,493 shares of the real estate investment trust’s stock valued at $2,505,000 after purchasing an additional 176,301 shares during the period. International Assets Investment Management LLC grew its stake in AGNC Investment by 945.2% during the 3rd quarter. International Assets Investment Management LLC now owns 1,072,039 shares of the real estate investment trust’s stock valued at $102,489,000 after purchasing an additional 969,475 shares during the last quarter. J.W. Cole Advisors Inc. raised its stake in shares of AGNC Investment by 112.7% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 107,749 shares of the real estate investment trust’s stock valued at $1,127,000 after buying an additional 57,089 shares during the last quarter. Cannon Global Investment Management LLC purchased a new position in AGNC Investment in the third quarter valued at $1,569,000. Finally, Van ECK Associates Corp raised its stake in shares of AGNC Investment by 34.1% during the 3rd quarter. Van ECK Associates Corp now owns 3,427,978 shares of the real estate investment trust’s stock worth $34,074,000 after buying an additional 870,856 shares during the period. 38.28% of the stock is owned by hedge funds and other 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).