AGNC Investment (NASDAQ:AGNC) Trading 0.2% Higher – Should You Buy?

AGNC Investment Corp. (NASDAQ:AGNC)’s stock price was up 0.2% during trading on Wednesday . The stock traded as high as $9.75 and last traded at $9.75. Approximately 3,800,027 shares were traded during trading, a decline of 77% from the average daily volume of 16,823,324 shares. The stock had previously closed at $9.73.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on AGNC. StockNews.com downgraded shares of AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. JPMorgan Chase & Co. cut their price target on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a report on Monday, December 9th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, AGNC Investment presently has an average rating of “Moderate Buy” and an average price target of $10.44.

AGNC Investment Trading Up 0.2 %

The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. The stock has a market cap of $8.63 billion, a price-to-earnings ratio of 6.76 and a beta of 1.47. The business’s 50 day simple moving average is $9.50 and its 200 day simple moving average is $9.90.

AGNC Investment (NASDAQ:AGNC) last announced its earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.04). AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. The firm 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 business posted $0.65 EPS. On average, research analysts expect that AGNC Investment Corp. will post 1.94 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently announced a jan 25 dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be issued a dividend of $0.12 per share. The ex-dividend date is Friday, January 31st. This represents a dividend yield of 15.5%. AGNC Investment’s dividend payout ratio is presently 100.00%.

Institutional Investors Weigh In On AGNC Investment

A number of large investors have recently added to or reduced their stakes in AGNC. KBC Group NV boosted its stake in shares of AGNC Investment by 67.7% during the fourth quarter. KBC Group NV now owns 30,317 shares of the real estate investment trust’s stock valued at $279,000 after purchasing an additional 12,234 shares in the last quarter. PFG Investments LLC boosted its position in shares of AGNC Investment by 58.7% during the 4th quarter. PFG Investments LLC now owns 209,350 shares of the real estate investment trust’s stock valued at $1,928,000 after purchasing an additional 77,439 shares in the last quarter. Firethorn Wealth Partners LLC lifted its position in shares of AGNC Investment by 5.1% during the 4th quarter. Firethorn Wealth Partners LLC now owns 76,995 shares of the real estate investment trust’s stock valued at $709,000 after acquiring an additional 3,735 shares during the period. Avior Wealth Management LLC grew its holdings in AGNC Investment by 413.8% in the fourth quarter. Avior Wealth Management LLC now owns 8,853 shares of the real estate investment trust’s stock worth $82,000 after purchasing an additional 7,130 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in AGNC Investment by 5.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 203,670 shares of the real estate investment trust’s stock valued at $1,876,000 after purchasing an additional 10,031 shares in the last quarter. Institutional investors and hedge funds 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).