AGNC Investment (NASDAQ:AGNC) Trading 0.8% Higher – What’s Next?

AGNC Investment Corp. (NASDAQ:AGNC) shares traded up 0.8% during mid-day trading on Friday . The stock traded as high as $10.02 and last traded at $10.02. 3,688,742 shares changed hands during trading, a decline of 72% from the average session volume of 13,223,969 shares. The stock had previously closed at $9.94.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Wells Fargo & Company upgraded shares of AGNC Investment from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $10.00 to $12.00 in a research note on Friday, September 20th. Keefe, Bruyette & Woods lifted their target price on shares of AGNC Investment from $10.00 to $10.25 and gave the stock an “outperform” rating in a research report on Thursday, July 25th. StockNews.com cut AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. Royal Bank of Canada lifted their price objective on AGNC Investment from $10.00 to $11.00 and gave the stock an “outperform” rating in a report on Friday, August 16th. Finally, Compass Point increased their target price on AGNC Investment from $10.25 to $11.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $10.33.

AGNC Investment Stock Down 0.1 %

The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.01. The company has a fifty day simple moving average of $10.30 and a 200-day simple moving average of $9.93. The firm has a market cap of $7.22 billion, a P/E ratio of 10.91 and a beta of 1.47.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings data on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.04). AGNC Investment had a net margin of 16.15% and a return on equity of 26.21%. The company had revenue of $756.00 million for the quarter, compared to the consensus estimate of $219.50 million. During the same quarter last year, the firm posted $0.65 earnings per share. On average, equities analysts anticipate that AGNC Investment Corp. will post 2.11 earnings per share for the current year.

AGNC Investment Dividend Announcement

The company also recently disclosed a oct 24 dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Thursday, October 31st will be paid a $0.12 dividend. The ex-dividend date is Thursday, October 31st. This represents a dividend yield of 14%. AGNC Investment’s dividend payout ratio (DPR) is presently 158.24%.

Insider Activity at AGNC Investment

In other AGNC Investment news, CFO Bernice Bell sold 5,000 shares of the 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 completion of the sale, the chief financial officer now owns 298,182 shares in the company, valued at approximately $3,002,692.74. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.52% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. lifted its holdings in shares of AGNC Investment by 43.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 21,021 shares of the real estate investment trust’s stock worth $206,000 after buying an additional 6,369 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in AGNC Investment by 39.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 52,295 shares of the real estate investment trust’s stock worth $518,000 after purchasing an additional 14,898 shares in the last quarter. Compass Ion Advisors LLC bought a new position in shares of AGNC Investment during the 1st quarter valued at about $306,000. Miracle Mile Advisors LLC purchased a new position in shares of AGNC Investment during the first quarter valued at about $141,000. Finally, O ROURKE & COMPANY Inc increased its holdings in shares of AGNC Investment by 14.8% in the first quarter. O ROURKE & COMPANY Inc now owns 21,270 shares of the real estate investment trust’s stock worth $211,000 after purchasing an additional 2,738 shares during the last quarter. 38.28% of the stock is currently owned by institutional investors.

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).