AGNC Investment (NASDAQ:AGNC) Shares Down 1.2% - Here's What Happened

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) shares fell 1.2% during trading on Monday . The stock traded as low as $8.50 and last traded at $8.87. 19,285,694 shares were traded during trading, an increase of 12% from the average session volume of 17,220,499 shares. The stock had previously closed at $8.98.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. StockNews.com upgraded shares of AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, February 25th. Wells Fargo & Company lowered their price target on AGNC Investment from $12.00 to $11.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. JMP Securities reissued a "market perform" rating on shares of AGNC Investment in a report on Thursday, January 23rd. Royal Bank of Canada restated an "outperform" rating and set a $11.00 target price on shares of AGNC Investment in a report on Thursday, January 30th. Finally, Argus raised shares of AGNC Investment to a "hold" rating in a research report on Tuesday, February 4th. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $10.50.

AGNC Investment Stock Performance

The stock has a market capitalization of $7.47 billion, a price-to-earnings ratio of 8.30 and a beta of 1.32. The company's fifty day simple moving average is $9.95 and its 200 day simple moving average is $9.81. 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 - 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 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%. On average, equities research analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Announces Dividend

The company also recently announced a apr 25 dividend, which will be paid on Friday, May 9th. Stockholders of record on Wednesday, April 30th will be paid a dividend of $0.12 per share. The ex-dividend date is Wednesday, April 30th. This represents a dividend yield of 17.7%. AGNC Investment's dividend payout ratio (DPR) is currently 148.45%.

Insider Buying and Selling

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of the 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 transaction, the director now owns 75,919 shares in the company, valued at $766,781.90. This trade represents a 6.18 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Bernice Bell sold 13,000 shares of AGNC Investment stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $10.04, for a total value 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 represents a 3.37 % decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is currently owned by insiders.

Institutional Trading of AGNC Investment

Institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its position 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 buying an additional 10,316,999 shares in the last quarter. Geode Capital Management LLC raised its holdings in 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 acquiring an additional 2,311,105 shares in the last quarter. Norges Bank bought a new stake in shares of AGNC Investment during the 4th quarter valued at $87,269,000. Allspring Global Investments Holdings LLC grew its holdings 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 purchasing an additional 424,990 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of AGNC Investment by 8.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 7,349,657 shares of the real estate investment trust's stock worth $67,690,000 after purchasing an additional 581,352 shares during the period. 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).