AGNC Investment (NASDAQ:AGNC) Stock Price Down 0% - What's Next?

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report)'s share price fell 0% during trading on Monday . The stock traded as low as $10.13 and last traded at $10.17. 6,386,110 shares traded hands during trading, a decline of 70% from the average session volume of 21,059,205 shares. The stock had previously closed at $10.17.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. JPMorgan Chase & Co. dropped their price target on AGNC Investment from $10.00 to $9.50 and set an "overweight" rating on the stock in a research report on Monday, December 9th. Royal Bank of Canada reissued an "outperform" rating and issued a $11.00 price objective on shares of AGNC Investment in a research report on Thursday, January 30th. Keefe, Bruyette & Woods dropped their price target on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a report on Wednesday, January 29th. Argus raised shares of AGNC Investment to a "hold" rating in a report on Tuesday, February 4th. Finally, StockNews.com upgraded AGNC Investment from a "sell" rating to a "hold" rating in a research report on Tuesday, February 25th. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $10.50.

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AGNC Investment Price Performance

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 capitalization of $8.93 billion, a PE ratio of 10.05 and a beta of 1.50. The business's 50-day moving average price is $10.14 and its 200 day moving average price is $9.92.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share 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%. Research analysts forecast that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Monday, March 31st. This represents a yield of 14.1%. AGNC Investment's dividend payout ratio (DPR) is presently 148.45%.

Insider Activity

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

Institutional Investors Weigh In On AGNC Investment

A number of large investors have recently made changes to their positions in AGNC. Vanguard Group Inc. increased its holdings in shares of AGNC Investment by 14.1% in the fourth quarter. Vanguard Group Inc. now owns 83,316,872 shares of the real estate investment trust's stock valued at $767,348,000 after purchasing an additional 10,316,999 shares during the period. Geode Capital Management LLC lifted its holdings in shares of AGNC Investment by 18.8% in the 4th quarter. Geode Capital Management LLC now owns 14,614,721 shares of the real estate investment trust's stock valued at $134,645,000 after buying an additional 2,311,105 shares during the period. Norges Bank purchased a new position in shares of AGNC Investment in the 4th quarter valued at about $87,269,000. Allspring Global Investments Holdings LLC raised its stake in shares of AGNC Investment by 5.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 8,662,954 shares of the real estate investment trust's stock worth $80,392,000 after buying an additional 424,990 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in AGNC Investment by 8.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 7,349,657 shares of the real estate investment trust's stock valued at $67,690,000 after purchasing an additional 581,352 shares in the last quarter. 38.28% of the stock is owned by hedge funds and other institutional investors.

About AGNC Investment

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).