AGNC Investment (NASDAQ:AGNC) Trading Up 0.7% - Here's What Happened

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) was up 0.7% during trading on Monday . The stock traded as high as $9.82 and last traded at $9.75. Approximately 8,330,191 shares changed hands during trading, a decline of 51% from the average daily volume of 17,056,705 shares. The stock had previously closed at $9.68.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. JMP Securities reissued a "market perform" rating on shares of AGNC Investment in a research note on Thursday, January 23rd. StockNews.com lowered shares of AGNC Investment from a "hold" rating to a "sell" rating in a report on Saturday, October 19th. Keefe, Bruyette & Woods decreased their price objective on shares of AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a report on Wednesday. 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 research note on Monday, December 9th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $10.64.

AGNC Investment Trading Down 0.4 %

The firm has a market cap of $8.71 billion, a price-to-earnings ratio of 6.83 and a beta of 1.47. The company has a fifty day moving average price of $9.51 and a 200-day moving average price of $9.89. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.05). AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. As a group, research analysts expect that AGNC Investment Corp. will post 1.95 EPS for the current year.

AGNC Investment Announces Dividend

The firm also recently declared a jan 25 dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be paid a dividend of $0.12 per share. The ex-dividend date is Friday, January 31st. This represents a yield of 15.5%. AGNC Investment's dividend payout ratio (DPR) is presently 100.00%.

Institutional Investors Weigh In On AGNC Investment

Several large investors have recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC raised its holdings in shares of AGNC Investment by 5.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 8,662,954 shares of the real estate investment trust's stock valued at $80,392,000 after purchasing an additional 424,990 shares in the last quarter. Summit Trail Advisors LLC increased its holdings in shares of AGNC Investment by 42.6% in the 4th quarter. Summit Trail Advisors LLC now owns 14,456 shares of the real estate investment trust's stock valued at $135,000 after acquiring an additional 4,315 shares during the last quarter. Aubrey Capital Management Ltd raised its position in shares of AGNC Investment by 30.2% during the 4th quarter. Aubrey Capital Management Ltd now owns 73,500 shares of the real estate investment trust's stock worth $677,000 after acquiring an additional 17,032 shares in the last quarter. Stephens Inc. AR lifted its stake in AGNC Investment by 7.8% during the fourth quarter. Stephens Inc. AR now owns 41,009 shares of the real estate investment trust's stock worth $378,000 after purchasing an additional 2,954 shares during the last quarter. Finally, AlphaStar Capital Management LLC acquired a new position in AGNC Investment in the fourth quarter valued at approximately $133,000. 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).

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