AGNC Investment (NASDAQ:AGNC) Trading 0.1% Higher - Should You Buy?

Shares of AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) were up 0.1% on Wednesday . The company traded as high as $8.46 and last traded at $8.42. Approximately 6,959,256 shares changed hands during mid-day trading, a decline of 62% from the average daily volume of 18,424,338 shares. The stock had previously closed at $8.41.

Wall Street Analyst Weigh In

AGNC has been the subject of several research reports. Royal Bank of Canada restated an "outperform" rating and set a $11.00 price objective on shares of AGNC Investment in a research report on Thursday, January 30th. Keefe, Bruyette & Woods decreased their price objective on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a research note on Wednesday, January 29th. JPMorgan Chase & Co. cut their target price on shares of AGNC Investment from $9.50 to $8.50 and set an "overweight" rating for the company in a research note on Wednesday. StockNews.com raised shares of AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, February 25th. Finally, Wells Fargo & Company lowered their price objective 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, January 30th. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $10.36.

AGNC Investment Stock Performance

The stock has a fifty day simple moving average of $9.74 and a two-hundred day simple moving average of $9.72. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. The stock has a market cap of $7.63 billion, a PE ratio of 8.60 and a beta of 1.32.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its quarterly 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%. Equities analysts anticipate that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The firm also recently disclosed a apr 25 dividend, which will be paid on Friday, May 9th. Stockholders of record on Wednesday, April 30th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a dividend yield of 17.7%. AGNC Investment's dividend payout ratio is presently 148.45%.

Insider Buying and Selling at AGNC Investment

In other news, Director Frances Spark sold 5,000 shares of the stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total value of $50,500.00. Following the completion of the transaction, the director now directly owns 75,919 shares in the company, valued at $766,781.90. This trade represents a 6.18 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Bernice Bell sold 13,000 shares of the stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $10.04, for a total value of $130,520.00. Following the transaction, the chief financial officer now directly owns 372,226 shares of the company's stock, valued at approximately $3,737,149.04. The trade was a 3.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.42% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Fourth Dimension Wealth LLC bought a new position in shares of AGNC Investment in the fourth quarter valued at $26,000. Financial Life Planners purchased a new position in AGNC Investment in the 4th quarter worth about $28,000. National Bank of Canada FI lifted its stake in AGNC Investment by 112.7% during the fourth quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust's stock valued at $32,000 after buying an additional 1,832 shares in the last quarter. Spire Wealth Management boosted its holdings in shares of AGNC Investment by 94.5% in the fourth quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust's stock worth $37,000 after buying an additional 1,972 shares during the period. Finally, CoreCap Advisors LLC raised its holdings in shares of AGNC Investment by 34.8% during the fourth quarter. CoreCap Advisors LLC now owns 4,765 shares of the real estate investment trust's stock valued at $44,000 after acquiring an additional 1,229 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).