AGNC Investment (NASDAQ:AGNC) Stock Price Down 0.6% - What's Next?

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report)'s stock price traded down 0.6% during mid-day trading on Friday . The stock traded as low as $10.20 and last traded at $10.23. 3,714,379 shares changed hands during mid-day trading, a decline of 77% from the average session volume of 16,078,512 shares. The stock had previously closed at $10.29.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. JMP Securities reaffirmed a "market perform" rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Keefe, Bruyette & Woods decreased their price objective on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a report on Wednesday, January 29th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $11.00 price objective on shares of AGNC Investment in a research note on Thursday, January 30th. JPMorgan Chase & Co. cut their target price on shares of AGNC Investment from $10.00 to $9.50 and set an "overweight" rating on the stock in a research report on Monday, December 9th. Finally, Wells Fargo & Company lowered their price target on shares of AGNC Investment from $12.00 to $11.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $10.50.

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AGNC Investment Stock Performance

The firm's 50 day moving average is $10.10 and its 200 day moving average is $9.93. 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 has a market cap of $9.29 billion, a P/E ratio of 10.47 and a beta of 1.50.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. Analysts anticipate that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

The firm also recently declared a mar 25 dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Monday, March 31st will be issued a $0.12 dividend. This represents a yield of 14.1%. The ex-dividend date of this dividend is Monday, March 31st. AGNC Investment's dividend payout ratio is presently 148.45%.

Insider Transactions at AGNC Investment

In other AGNC Investment news, CFO Bernice Bell sold 13,000 shares of the business's stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $10.04, for a total transaction of $130,520.00. Following the sale, the chief financial officer now owns 372,226 shares of the company's stock, valued at approximately $3,737,149.04. The trade was a 3.37 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Frances Spark sold 5,000 shares of the firm's stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total transaction of $50,500.00. Following the completion of the transaction, the director now directly owns 75,919 shares of the company's stock, valued at approximately $766,781.90. This represents a 6.18 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.42% of the company's stock.

Institutional Trading of AGNC Investment

Several large investors have recently added to or reduced their stakes in the company. Fourth Dimension Wealth LLC acquired a new stake in shares of AGNC Investment during the fourth quarter worth about $26,000. Financial Life Planners purchased a new position in AGNC Investment during the 4th quarter worth approximately $28,000. Point72 Asset Management L.P. purchased a new stake in shares of AGNC Investment in the 3rd quarter valued at $32,000. National Bank of Canada FI increased its stake in shares of AGNC Investment by 112.7% in the fourth quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust's stock worth $32,000 after acquiring an additional 1,832 shares during the period. Finally, Spire Wealth Management raised its holdings in shares of AGNC Investment by 94.5% during the fourth quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 1,972 shares during the last quarter. Hedge funds and other 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).