AGNC Investment (NASDAQ:AGNC) Trading Up 0.8% – Here’s What Happened

AGNC Investment Corp. (NASDAQ:AGNC)’s stock price traded up 0.8% on Thursday . The company traded as high as $10.29 and last traded at $10.27. 6,028,772 shares traded hands during trading, a decline of 68% from the average session volume of 19,000,322 shares. The stock had previously closed at $10.18.

Analysts Set New Price Targets

AGNC has been the subject of a number of research reports. JPMorgan Chase & Co. dropped their target price on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a report on Monday, December 9th. Argus raised shares of AGNC Investment to a “hold” rating in a report on Tuesday, February 4th. Keefe, Bruyette & Woods dropped their price objective on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating for the company in a report on Wednesday, January 29th. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Finally, Wells Fargo & Company reduced their target price on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $10.50.

AGNC Investment Trading Up 1.3 %

The business’s 50-day moving average is $9.60 and its two-hundred day moving average is $9.89. 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 capitalization of $9.14 billion, a PE ratio of 10.63 and a beta of 1.48.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. As a group, equities research analysts anticipate that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Announces Dividend

The firm also recently announced a jan 25 dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were issued a $0.12 dividend. This represents a yield of 15.5%. The ex-dividend date of this dividend was Friday, January 31st. AGNC Investment’s dividend payout ratio (DPR) is currently 148.46%.

Insider Buying and Selling at AGNC Investment

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of the firm’s stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total value of $50,500.00. Following the completion of the sale, the director now owns 75,919 shares of the company’s stock, valued at approximately $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 Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Bernice Bell sold 13,000 shares of AGNC Investment stock in a transaction on Thursday, January 30th. The stock was 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 $3,737,149.04. This trade represents a 3.37 % decrease in their position. The disclosure for this sale can be found here. 0.52% of the stock is owned by corporate insiders.

Institutional Trading of AGNC Investment

Institutional investors and hedge funds have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. increased its position in AGNC Investment by 2.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,768,305 shares of the real estate investment trust’s stock worth $70,796,000 after purchasing an additional 162,152 shares in the last quarter. Vaughan Nelson Investment Management L.P. grew its position in AGNC Investment by 200.5% in the third 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 acquiring an additional 9,639,675 shares in the last quarter. Barclays PLC grew its position in AGNC Investment by 4.8% in the third quarter. Barclays PLC now owns 1,552,969 shares of the real estate investment trust’s stock valued at $16,242,000 after acquiring an additional 71,330 shares in the last quarter. Geode Capital Management LLC grew its position in AGNC Investment by 2.0% in the third 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 acquiring an additional 242,640 shares in the last quarter. Finally, Howard Financial Services LTD. grew its position in AGNC Investment by 195.2% in the fourth quarter. Howard Financial Services LTD. now owns 53,834 shares of the real estate investment trust’s stock valued at $496,000 after acquiring an additional 35,598 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).