AGNC Investment (NASDAQ:AGNC) Shares Up 0.5% – What’s Next?

AGNC Investment Corp. (NASDAQ:AGNC) shot up 0.5% during mid-day trading on Wednesday . The company traded as high as $9.96 and last traded at $9.92. 5,014,406 shares traded hands during trading, a decline of 72% from the average session volume of 18,054,002 shares. The stock had previously closed at $9.87.

Analysts Set New Price Targets

A number of brokerages have issued reports on AGNC. JPMorgan Chase & Co. decreased 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. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a report on Thursday, January 23rd. StockNews.com downgraded AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. Finally, Keefe, Bruyette & Woods reduced their target price on AGNC Investment from $10.75 to $10.25 and set an “outperform” rating for the company in a report on Wednesday. One research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $10.64.

AGNC Investment Price Performance

The stock has a market cap of $8.72 billion, a price-to-earnings ratio of 6.83 and a beta of 1.47. The company has a 50-day moving average of $9.51 and a 200-day moving average of $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.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. As a group, equities research analysts predict that AGNC Investment Corp. will post 1.95 earnings per share for the current year.

AGNC Investment Dividend Announcement

The business also recently declared a jan 25 dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be given a $0.12 dividend. This represents a yield of 15.5%. The ex-dividend date of this dividend is Friday, January 31st. AGNC Investment’s dividend payout ratio (DPR) is presently 100.00%.

Hedge Funds Weigh In On AGNC Investment

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Summit Trail Advisors LLC increased its position in AGNC Investment by 42.6% during the 4th quarter. Summit Trail Advisors LLC now owns 14,456 shares of the real estate investment trust’s stock worth $135,000 after purchasing an additional 4,315 shares during the period. Aubrey Capital Management Ltd grew its holdings in shares of AGNC Investment by 30.2% in the 4th quarter. Aubrey Capital Management Ltd now owns 73,500 shares of the real estate investment trust’s stock worth $677,000 after acquiring an additional 17,032 shares during the period. Stephens Inc. AR grew its holdings in shares of AGNC Investment by 7.8% in the 4th quarter. Stephens Inc. AR now owns 41,009 shares of the real estate investment trust’s stock worth $378,000 after acquiring an additional 2,954 shares during the period. AlphaStar Capital Management LLC acquired a new stake in shares of AGNC Investment in the 4th quarter worth approximately $133,000. Finally, Joel Isaacson & Co. LLC grew its holdings in shares of AGNC Investment by 36.4% in the 4th quarter. Joel Isaacson & Co. LLC now owns 16,532 shares of the real estate investment trust’s stock worth $152,000 after acquiring an additional 4,408 shares during the period. 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).