AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) shares fell 0.1% during trading on Monday . The stock traded as low as $9.63 and last traded at $9.65. 3,220,236 shares changed hands during trading, a decline of 77% from the average session volume of 14,001,701 shares. The stock had previously closed at $9.66.
Wall Street Analyst Weigh In
Several brokerages have commented on AGNC. Wells Fargo & Company upgraded shares of AGNC Investment from an "equal weight" rating to an "overweight" rating and upped their target price for the company from $10.00 to $12.00 in a research report on Friday, September 20th. Maxim Group lowered shares of AGNC Investment from a "buy" rating to a "hold" rating in a research note on Wednesday, July 24th. JPMorgan Chase & Co. boosted their price target on AGNC Investment from $9.50 to $10.00 and gave the company an "overweight" rating in a report on Tuesday, July 16th. StockNews.com downgraded AGNC Investment from a "hold" rating to a "sell" rating in a research report on Saturday, October 19th. Finally, Compass Point increased their price target on 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 given a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $10.33.
Read Our Latest Research Report on AGNC
AGNC Investment Trading Up 0.2 %
The company has a market cap of $8.57 billion, a P/E ratio of 6.70 and a beta of 1.47. The firm's 50-day moving average price is $10.15 and its 200-day moving average price is $9.95. The company has a quick ratio of 0.27, a current ratio of 0.23 and a debt-to-equity ratio of 0.01.
AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its quarterly earnings data on Monday, October 21st. The real estate investment trust reported $0.43 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.04). The company had revenue of $756.00 million during the quarter, compared to analysts' expectations 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 prior year, the firm posted $0.65 EPS. As a group, equities research analysts expect that AGNC Investment Corp. will post 1.94 earnings per share for the current fiscal year.
AGNC Investment Dividend Announcement
The business also recently disclosed a nov 24 dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Friday, November 29th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, November 29th. AGNC Investment's dividend payout ratio (DPR) is presently 100.00%.
Institutional Trading of AGNC Investment
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Riverview Trust Co purchased a new position in shares of AGNC Investment during the third quarter valued at $25,000. Ashton Thomas Private Wealth LLC bought a new position in shares of AGNC Investment during the second quarter valued at approximately $31,000. Northwestern Mutual Wealth Management Co. increased its holdings in AGNC Investment by 52.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust's stock valued at $35,000 after buying an additional 1,255 shares during the period. Blue Trust Inc. raised its stake in AGNC Investment by 315.9% in the third quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust's stock worth $37,000 after buying an additional 2,966 shares in the last quarter. Finally, LRI Investments LLC bought a new stake in AGNC Investment during the 1st quarter valued at $38,000. 38.28% of the stock is owned by hedge funds and other institutional investors.
AGNC Investment Company Profile
(
Get Free Report)
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).
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