AGNC Investment (NASDAQ:AGNC) Trading Up 0.7% - Still a Buy?

AGNC Investment logo with Finance background

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) shot up 0.7% during mid-day trading on Tuesday . The stock traded as high as $9.86 and last traded at $9.86. 8,824,001 shares changed hands during trading, a decline of 50% from the average session volume of 17,697,279 shares. The stock had previously closed at $9.79.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. JMP Securities reiterated a "market perform" rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Keefe, Bruyette & Woods dropped their price objective on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a research note on Wednesday. Royal Bank of Canada reissued an "outperform" rating and set a $11.00 price objective on shares of AGNC Investment in a research report on Thursday. StockNews.com lowered AGNC Investment from a "hold" rating to a "sell" rating in a report on Saturday, October 19th. Finally, JPMorgan Chase & Co. reduced their price objective on AGNC Investment from $10.00 to $9.50 and set an "overweight" rating for the company in a research report on Monday, December 9th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $10.50.

Read Our Latest Report on AGNC

AGNC Investment Trading Up 0.3 %

The business has a 50-day moving average price of $9.52 and a 200-day moving average price of $9.90. 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 capitalization of $8.84 billion, a P/E ratio of 10.28 and a beta of 1.47.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by ($0.05). AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. Analysts anticipate that AGNC Investment Corp. will post 1.63 earnings per share for the current year.

AGNC Investment Dividend Announcement

The business also recently disclosed a jan 25 dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be issued a dividend of $0.12 per share. This represents a yield of 15.5%. The ex-dividend date of this dividend is Friday, January 31st. AGNC Investment's payout ratio is 148.46%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Riverview Trust Co bought a new stake in shares of AGNC Investment in the 3rd quarter worth about $25,000. Financial Life Planners acquired a new position in AGNC Investment in the fourth quarter valued at about $28,000. Point72 Asset Management L.P. bought a new stake in AGNC Investment during the third quarter worth about $32,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of AGNC Investment by 52.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust's stock worth $35,000 after buying an additional 1,255 shares in the last quarter. Finally, Blue Trust Inc. raised its stake in shares of AGNC Investment by 315.9% in the third quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust's stock valued at $37,000 after acquiring an additional 2,966 shares during the last quarter. 38.28% of the stock is currently owned by institutional investors and hedge funds.

About AGNC Investment

(Get Free Report)

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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