AGNC Investment (NASDAQ:AGNC) Stock Price Up 0.8% - What's Next?

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) shares traded up 0.8% during trading on Monday . The stock traded as high as $9.83 and last traded at $9.82. 4,542,238 shares were traded during mid-day trading, a decline of 68% from the average session volume of 14,026,294 shares. The stock had previously closed at $9.74.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on AGNC. StockNews.com lowered AGNC Investment from a "hold" rating to a "sell" rating in a research note on Saturday, October 19th. Wells Fargo & Company raised AGNC Investment from an "equal weight" rating to an "overweight" rating and upped their price objective for the stock from $10.00 to $12.00 in a report on Friday, September 20th. Royal Bank of Canada upped their price target on AGNC Investment from $10.00 to $11.00 and gave the company an "outperform" rating in a research note on Friday, August 16th. Finally, JMP Securities reiterated a "market perform" rating on shares of AGNC Investment in a research report on Wednesday, August 28th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, AGNC Investment presently has a consensus rating of "Moderate Buy" and an average price target of $10.33.

AGNC Investment Trading Up 0.1 %

The company has a fifty day simple moving average of $10.03 and a two-hundred day simple moving average of $9.97. The stock has a market capitalization of $8.63 billion, a P/E ratio of 6.82 and a beta of 1.47. 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 posted its earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.47 by ($0.04). AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. The business had revenue of $756.00 million for the quarter, compared to the consensus estimate of $219.50 million. During the same period in the previous year, the company posted $0.65 earnings per share. On average, sell-side analysts expect that AGNC Investment Corp. will post 1.94 earnings per share for the current year.

AGNC Investment Dividend Announcement

The company also recently disclosed a nov 24 dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Friday, November 29th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, November 29th. This represents a dividend yield of 14.9%. AGNC Investment's dividend payout ratio is currently 100.00%.

Institutional Trading of AGNC Investment

A number of hedge funds and other institutional investors have recently made changes to their positions in AGNC. Vaughan Nelson Investment Management L.P. raised its holdings in AGNC Investment by 200.5% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 14,446,725 shares of the real estate investment trust's stock worth $151,113,000 after acquiring an additional 9,639,675 shares in the last quarter. Natixis Advisors LLC grew its holdings in AGNC Investment by 314.8% during the third quarter. Natixis Advisors LLC now owns 3,842,814 shares of the real estate investment trust's stock worth $40,196,000 after purchasing an additional 2,916,345 shares during the period. ORG Wealth Partners LLC bought a new stake in AGNC Investment in the third quarter valued at approximately $17,463,000. Boston Partners lifted its position in shares of AGNC Investment by 522.4% in the first quarter. Boston Partners now owns 1,437,698 shares of the real estate investment trust's stock valued at $14,229,000 after buying an additional 1,206,714 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of AGNC Investment by 115.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,912,694 shares of the real estate investment trust's stock worth $20,007,000 after acquiring an additional 1,023,275 shares during the period. 38.28% of the stock is currently owned by institutional investors and hedge funds.

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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