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

Shares of AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) traded up 0.9% during trading on Wednesday . The stock traded as high as $10.54 and last traded at $10.54. 3,144,444 shares were traded during mid-day trading, a decline of 76% from the average session volume of 12,923,367 shares. The stock had previously closed at $10.45.

Wall Street Analyst Weigh In

Several research firms recently weighed in on AGNC. Wells Fargo & Company raised shares of AGNC Investment from an "equal weight" rating to an "overweight" rating and raised their target price for the company from $10.00 to $12.00 in a research note on Friday, September 20th. Compass Point lifted their target price on AGNC Investment from $10.25 to $11.00 and gave the stock a "buy" rating in a report on Wednesday, July 24th. StockNews.com lowered AGNC Investment from a "hold" rating to a "sell" rating in a research note on Thursday, October 10th. JPMorgan Chase & Co. lifted their price objective on AGNC Investment from $9.50 to $10.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 16th. Finally, Maxim Group downgraded AGNC Investment from a "buy" rating to a "hold" rating in a research report on Wednesday, July 24th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, AGNC Investment currently has a consensus rating of "Moderate Buy" and a consensus target price of $10.33.

AGNC Investment Stock Up 0.4 %

The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.27 and a current ratio of 0.27. The company has a fifty day moving average of $10.28 and a two-hundred day moving average of $9.91. The company has a market cap of $7.63 billion, a PE ratio of 11.53 and a beta of 1.47.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its quarterly earnings results on Monday, July 22nd. The real estate investment trust reported $0.53 EPS for the quarter, missing analysts' consensus estimates of $0.54 by ($0.01). The firm had revenue of $695.00 million for the quarter, compared to analysts' expectations of $643.29 million. AGNC Investment had a return on equity of 26.21% and a net margin of 16.15%. AGNC Investment's revenue for the quarter was up 52.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.67 earnings per share. As a group, analysts anticipate that AGNC Investment Corp. will post 2.11 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently announced a oct 24 dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Thursday, October 31st will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a dividend yield of 14%. AGNC Investment's dividend payout ratio is 158.24%.

Insider Transactions at AGNC Investment

In other AGNC Investment news, CFO Bernice Bell sold 5,000 shares of the company's stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $10.07, for a total value of $50,350.00. Following the transaction, the chief financial officer now owns 298,182 shares of the company's stock, valued at $3,002,692.74. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.52% of the company's stock.

Institutional Investors Weigh In On AGNC Investment

Several large investors have recently added to or reduced their stakes in the stock. Ashton Thomas Private Wealth LLC purchased a new stake in shares of AGNC Investment in the 2nd quarter worth $31,000. Northwestern Mutual Wealth Management Co. lifted its stake in AGNC Investment by 52.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust's stock worth $35,000 after acquiring an additional 1,255 shares during the period. LRI Investments LLC bought a new position in AGNC Investment during the 1st quarter worth about $38,000. Quarry LP increased its position in AGNC Investment by 75.6% during the 2nd quarter. Quarry LP now owns 5,285 shares of the real estate investment trust's stock valued at $50,000 after purchasing an additional 2,275 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of AGNC Investment in the 1st quarter valued at about $53,000. 38.28% of the stock is owned by hedge funds and other institutional investors.

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).