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

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report)'s share price rose 0.1% on Monday . The stock traded as high as $9.60 and last traded at $9.59. Approximately 4,226,732 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 14,040,063 shares. The stock had previously closed at $9.58.

Analyst Ratings Changes

AGNC has been the subject of several research analyst reports. Royal Bank of Canada upped their price objective on AGNC Investment from $10.00 to $11.00 and gave the company an "outperform" rating in a report on Friday, August 16th. JMP Securities reaffirmed a "market perform" rating on shares of AGNC Investment in a research report on Wednesday, August 28th. StockNews.com lowered AGNC Investment from a "hold" rating to a "sell" rating in a research report on Saturday, October 19th. Wells Fargo & Company raised AGNC Investment from an "equal weight" rating to an "overweight" rating and boosted their target price for the stock from $10.00 to $12.00 in a research report on Friday, September 20th. Finally, Maxim Group lowered AGNC Investment from a "buy" rating to a "hold" rating in a research report on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $10.33.

AGNC Investment Stock Up 0.8 %

The business has a 50 day simple moving average of $10.09 and a 200 day simple moving average of $9.96. 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 has a market cap of $8.56 billion, a PE ratio of 6.66 and a beta of 1.47.

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

AGNC Investment Dividend Announcement

The business also recently declared a nov 24 dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Friday, November 29th will be paid 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 (DPR) is presently 100.00%.

Institutional Trading of AGNC Investment

Several large investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in AGNC Investment by 3.7% during the 1st quarter. Vanguard Group Inc. now owns 65,735,466 shares of the real estate investment trust's stock valued at $650,781,000 after purchasing an additional 2,368,658 shares during the period. Vaughan Nelson Investment Management L.P. boosted its stake in AGNC Investment by 200.5% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 14,446,725 shares of the real estate investment trust's stock valued at $151,113,000 after purchasing an additional 9,639,675 shares during the period. Geode Capital Management LLC boosted its stake in AGNC Investment by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 12,303,616 shares of the real estate investment trust's stock valued at $128,730,000 after purchasing an additional 242,640 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in AGNC Investment by 2.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 8,237,964 shares of the real estate investment trust's stock valued at $86,169,000 after purchasing an additional 189,444 shares during the period. Finally, Equity Investment Corp raised its holdings in AGNC Investment by 2.1% in the 3rd quarter. Equity Investment Corp now owns 7,274,167 shares of the real estate investment trust's stock valued at $76,088,000 after acquiring an additional 149,775 shares in the last quarter. 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).

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