AGNC Investment (NASDAQ:AGNC) Trading Up 0.1% - What's Next?

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report)'s share price shot up 0.1% during trading on Friday . The company traded as high as $9.43 and last traded at $9.39. 3,542,889 shares changed hands during trading, a decline of 75% from the average session volume of 14,194,306 shares. The stock had previously closed at $9.38.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. JPMorgan Chase & Co. cut their price target on shares of AGNC Investment from $10.00 to $9.50 and set an "overweight" rating on the stock in a report on Monday, December 9th. Wells Fargo & Company raised shares of AGNC Investment from an "equal weight" rating to an "overweight" rating and lifted their target price for the company from $10.00 to $12.00 in a research note on Friday, September 20th. Finally, StockNews.com lowered shares of AGNC Investment from a "hold" rating to a "sell" rating in a report on Saturday, October 19th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, AGNC Investment has a consensus rating of "Moderate Buy" and a consensus target price of $10.44.

AGNC Investment Stock Down 0.5 %

The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23. The stock's 50 day simple moving average is $9.63 and its two-hundred day simple moving average is $9.94. The firm has a market cap of $8.26 billion, a P/E ratio of 6.48 and a beta of 1.47.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its quarterly earnings data on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing analysts' consensus estimates of $0.47 by ($0.04). AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. The company had revenue of $756.00 million for the quarter, compared to the consensus estimate of $219.50 million. During the same period last year, the business earned $0.65 EPS. As a group, research analysts forecast that AGNC Investment Corp. will post 1.94 earnings per share for the current year.

AGNC Investment Announces Dividend

The company also recently disclosed a dec 24 dividend, which will be paid on Friday, January 10th. Investors of record on Tuesday, December 31st will be given a dividend of $0.12 per share. This represents a yield of 15.1%. The ex-dividend date of this dividend is Tuesday, December 31st. AGNC Investment's dividend payout ratio (DPR) is 100.00%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of New York Mellon Corp raised its holdings in AGNC Investment by 8.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,435,422 shares of the real estate investment trust's stock worth $23,234,000 after acquiring an additional 187,949 shares during the last quarter. Arkadios Wealth Advisors purchased a new stake in shares of AGNC Investment during the second quarter valued at $271,000. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in AGNC Investment by 14.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 148,157 shares of the real estate investment trust's stock worth $1,413,000 after buying an additional 18,205 shares in the last quarter. Signaturefd LLC raised its position in AGNC Investment by 23.4% in the 2nd quarter. Signaturefd LLC now owns 8,355 shares of the real estate investment trust's stock worth $80,000 after buying an additional 1,582 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its stake in AGNC Investment by 12.6% during the 2nd quarter. International Assets Investment Management LLC now owns 102,564 shares of the real estate investment trust's stock valued at $978,000 after acquiring an additional 11,473 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).