AGNC Investment (NASDAQ:AGNC) Trading Up 1.3% – What’s Next?

AGNC Investment Corp. (NASDAQ:AGNC) traded up 1.3% during mid-day trading on Thursday . The company traded as high as $9.52 and last traded at $9.51. 5,601,590 shares were traded during trading, a decline of 67% from the average session volume of 16,920,549 shares. The stock had previously closed at $9.39.

Analyst Ratings Changes

A number of research firms recently commented on AGNC. JPMorgan Chase & Co. decreased their price objective on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a report on Monday, December 9th. StockNews.com cut AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. Finally, Wells Fargo & Company upgraded shares of AGNC Investment from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $10.00 to $12.00 in a report on Friday, September 20th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $10.44.

AGNC Investment Trading Up 1.3 %

The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. The company has a market cap of $8.43 billion, a PE ratio of 6.61 and a beta of 1.47. The company has a fifty day simple moving average of $9.49 and a two-hundred day simple moving average of $9.90.

AGNC Investment (NASDAQ:AGNC) last issued its earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.04). AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. The firm had revenue of $756.00 million during the quarter, compared to analyst estimates of $219.50 million. During the same period last year, the business earned $0.65 EPS. Analysts anticipate that AGNC Investment Corp. will post 1.94 EPS for the current year.

AGNC Investment Dividend Announcement

The company also recently announced a jan 25 dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be paid 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 payout ratio is currently 100.00%.

Institutional Trading of AGNC Investment

Hedge funds and other institutional investors have recently bought and sold shares of the business. Federated Hermes Inc. raised its position in shares of AGNC Investment by 32.2% during the 2nd quarter. Federated Hermes Inc. now owns 242,129 shares of the real estate investment trust’s stock worth $2,310,000 after acquiring an additional 59,042 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in AGNC Investment by 2.3% during the second quarter. Envestnet Asset Management Inc. now owns 1,406,042 shares of the real estate investment trust’s stock worth $13,414,000 after purchasing an additional 31,345 shares in the last quarter. J.W. Cole Advisors Inc. lifted its position in shares of AGNC Investment by 106.0% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 50,660 shares of the real estate investment trust’s stock worth $483,000 after buying an additional 26,070 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its holdings in shares of AGNC Investment by 24.2% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 39,609 shares of the real estate investment trust’s stock valued at $378,000 after buying an additional 7,714 shares in the last quarter. Finally, Hsbc Holdings PLC purchased a new position in shares of AGNC Investment in the 2nd quarter valued at $157,000. 38.28% of the stock is currently owned by institutional investors and hedge funds.

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).