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

Shares of AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) rose 0.1% on Thursday . The stock traded as high as $10.50 and last traded at $10.49. Approximately 3,017,121 shares were traded during trading, a decline of 84% from the average daily volume of 18,892,920 shares. The stock had previously closed at $10.47.

Analyst Upgrades and Downgrades

AGNC has been the subject of several research reports. Wells Fargo & Company dropped their price target on AGNC Investment from $12.00 to $11.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. Royal Bank of Canada reiterated an "outperform" rating and set a $11.00 price target on shares of AGNC Investment in a research report on Thursday, January 30th. Argus upgraded AGNC Investment to a "hold" rating in a research report on Tuesday, February 4th. Keefe, Bruyette & Woods dropped their price target on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a research report on Wednesday, January 29th. Finally, JPMorgan Chase & Co. dropped their price target 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 analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, AGNC Investment currently has a consensus rating of "Moderate Buy" and a consensus price target of $10.50.

AGNC Investment Trading Up 0.1 %

The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. The company has a fifty day simple moving average of $9.72 and a 200-day simple moving average of $9.91. The company has a market capitalization of $9.33 billion, a PE ratio of 10.87 and a beta of 1.48.

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AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. Analysts predict that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

The firm also recently declared a feb 25 dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Friday, February 28th will be paid a $0.12 dividend. This represents a dividend yield of 13.8%. The ex-dividend date of this dividend is Friday, February 28th. AGNC Investment's dividend payout ratio (DPR) is presently 148.46%.

Insider Activity

In related news, CFO Bernice Bell sold 13,000 shares of the stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $10.04, for a total transaction of $130,520.00. Following the transaction, the chief financial officer now owns 372,226 shares of the company's stock, valued at approximately $3,737,149.04. This represents a 3.37 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Frances Spark sold 5,000 shares of the stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total value of $50,500.00. Following the transaction, the director now directly owns 75,919 shares in the company, valued at approximately $766,781.90. The trade was 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.

Hedge Funds Weigh In On AGNC Investment

Several hedge funds have recently bought and sold shares of the company. Hsbc Holdings PLC raised its position in AGNC Investment by 5.6% in the 4th quarter. Hsbc Holdings PLC now owns 18,259 shares of the real estate investment trust's stock valued at $168,000 after purchasing an additional 970 shares in the last quarter. CIBC Asset Management Inc grew its stake in AGNC Investment by 5.3% during the 4th quarter. CIBC Asset Management Inc now owns 21,428 shares of the real estate investment trust's stock worth $197,000 after buying an additional 1,075 shares during the last quarter. Armstrong Advisory Group Inc. grew its stake in AGNC Investment by 6.6% during the 4th quarter. Armstrong Advisory Group Inc. now owns 18,505 shares of the real estate investment trust's stock worth $170,000 after buying an additional 1,150 shares during the last quarter. Garden State Investment Advisory Services LLC grew its stake in shares of AGNC Investment by 10.0% in the 3rd quarter. Garden State Investment Advisory Services LLC now owns 12,947 shares of the real estate investment trust's stock valued at $135,000 after purchasing an additional 1,176 shares during the last quarter. Finally, CoreCap Advisors LLC grew its stake in shares of AGNC Investment by 34.8% in the 4th quarter. CoreCap Advisors LLC now owns 4,765 shares of the real estate investment trust's stock valued at $44,000 after purchasing an additional 1,229 shares during the last quarter. Institutional investors and hedge funds own 38.28% of the company's stock.

About AGNC Investment

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).