AGNC Investment (NASDAQ:AGNC) Trading 0% Higher - What's Next?

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) shares traded up 0% during mid-day trading on Wednesday . The stock traded as high as $10.52 and last traded at $10.50. 5,654,002 shares changed hands during mid-day trading, a decline of 70% from the average session volume of 19,035,227 shares. The stock had previously closed at $10.49.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Argus raised AGNC Investment to a "hold" rating in a research note on Tuesday, February 4th. Wells Fargo & Company dropped their price target on AGNC Investment from $12.00 to $11.00 and set an "overweight" rating on the stock in a research note 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 on the stock in a research note on Wednesday, January 29th. JMP Securities reissued a "market perform" rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Finally, JPMorgan Chase & Co. lowered their target price 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. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, AGNC Investment presently has an average rating of "Moderate Buy" and a consensus target price of $10.50.

AGNC Investment Price Performance

The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. The firm has a market cap of $9.33 billion, a P/E ratio of 10.87 and a beta of 1.48. The business has a fifty day moving average of $9.72 and a 200 day moving average of $9.91.

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AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its quarterly 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 return on equity of 21.92% and a net margin of 29.26%. On average, sell-side analysts anticipate that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

The company also recently disclosed a feb 25 dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.12 per share. This represents a dividend yield of 13.8%. The ex-dividend date is Friday, February 28th. AGNC Investment's dividend payout ratio is presently 148.46%.

Insider Transactions at AGNC Investment

In related news, CFO Bernice Bell sold 13,000 shares of the stock in a transaction that occurred on 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 owns 372,226 shares of the company's stock, valued at $3,737,149.04. This represents a 3.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Frances Spark sold 5,000 shares of the stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total value of $50,500.00. Following the sale, the director now directly owns 75,919 shares in the company, valued at $766,781.90. This represents a 6.18 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.52% of the company's stock.

Institutional Investors Weigh In On AGNC Investment

A number of large investors have recently added to or reduced their stakes in the stock. AlphaCore Capital LLC grew its position in AGNC Investment by 176.2% during the fourth quarter. AlphaCore Capital LLC now owns 69,946 shares of the real estate investment trust's stock worth $653,000 after buying an additional 44,624 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in AGNC Investment during the fourth quarter worth approximately $169,000. Public Employees Retirement System of Ohio grew its position in AGNC Investment by 3.7% during the fourth quarter. Public Employees Retirement System of Ohio now owns 286,609 shares of the real estate investment trust's stock worth $2,640,000 after buying an additional 10,357 shares in the last quarter. Alpine Global Management LLC acquired a new stake in AGNC Investment during the fourth quarter worth approximately $107,000. Finally, Fourth Dimension Wealth LLC acquired a new stake in AGNC Investment during the fourth quarter worth approximately $26,000. Institutional investors and hedge funds 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).