AGNC Investment (NASDAQ:AGNC) Stock Price Up 0.9% - What's Next?

Shares of AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) rose 0.9% during mid-day trading on Friday . The stock traded as high as $10.04 and last traded at $10.05. Approximately 8,254,194 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 18,778,920 shares. The stock had previously closed at $9.96.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on AGNC. Royal Bank of Canada restated an "outperform" rating and issued a $11.00 target price on shares of AGNC Investment in a research note on Thursday. JPMorgan Chase & Co. lowered their price objective 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. Wells Fargo & Company decreased their target price on shares of AGNC Investment from $12.00 to $11.00 and set an "overweight" rating for the company in a research note on Thursday. StockNews.com lowered shares of AGNC Investment from a "hold" rating to a "sell" rating in a research report on Saturday, October 19th. Finally, JMP Securities reiterated a "market perform" rating on shares of AGNC Investment in a research report on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, AGNC Investment currently has an average rating of "Moderate Buy" and a consensus target price of $10.50.

AGNC Investment Trading Down 0.2 %

The company's fifty day simple moving average is $9.53 and its 200-day simple moving average is $9.88. The firm has a market capitalization of $8.81 billion, a PE ratio of 10.26 and a beta of 1.48. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share 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%. As a group, sell-side analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

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

Insider Buying and Selling at AGNC Investment

In other AGNC Investment news, CFO Bernice Bell sold 13,000 shares of the stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $10.04, for a total value of $130,520.00. Following the completion of the sale, the chief financial officer now owns 372,226 shares in the company, 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 the SEC website. 0.43% of the stock is currently owned by insiders.

Institutional Investors Weigh In On AGNC Investment

Several hedge funds and other institutional investors have recently made changes to their positions in AGNC. Bell Bank boosted its stake in AGNC Investment by 20.7% during the fourth quarter. Bell Bank now owns 586,240 shares of the real estate investment trust's stock worth $5,399,000 after buying an additional 100,456 shares during the last quarter. Ieq Capital LLC boosted its position in shares of AGNC Investment by 19.5% during the 4th quarter. Ieq Capital LLC now owns 14,179 shares of the real estate investment trust's stock valued at $131,000 after acquiring an additional 2,316 shares during the last quarter. Private Advisor Group LLC grew its holdings in shares of AGNC Investment by 2.0% in the fourth quarter. Private Advisor Group LLC now owns 187,455 shares of the real estate investment trust's stock valued at $1,726,000 after purchasing an additional 3,620 shares during the period. Angel Oak Capital Advisors LLC acquired a new stake in AGNC Investment during the fourth quarter worth about $281,000. Finally, Atria Wealth Solutions Inc. raised its stake in AGNC Investment by 10.5% during the fourth quarter. Atria Wealth Solutions Inc. now owns 452,530 shares of the real estate investment trust's stock worth $4,204,000 after purchasing an additional 43,082 shares during the period. 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).