AGNC Investment (NASDAQ:AGNC) Shares Down 0.3% – Should You Sell?

AGNC Investment Corp. (NASDAQ:AGNC)’s stock price fell 0.3% during trading on Thursday . The company traded as low as $9.17 and last traded at $9.29. 15,315,102 shares were traded during trading, a decline of 14% from the average session volume of 17,898,922 shares. The stock had previously closed at $9.32.

Analysts Set New Price Targets

A number of research firms have recently commented on AGNC. Wells Fargo & Company upgraded AGNC Investment from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $10.00 to $12.00 in a research report on Friday, September 20th. StockNews.com cut AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. Finally, JPMorgan Chase & Co. dropped their target price on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a research report on Monday, December 9th. One investment 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. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $10.44.

AGNC Investment Price Performance

The stock has a market capitalization of $8.09 billion, a PE ratio of 6.35 and a beta of 1.47. The stock’s 50 day moving average is $9.51 and its two-hundred day moving average is $9.91. 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, 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 net margin of 42.19% and a return on equity of 23.41%. The company had revenue of $756.00 million during the quarter, compared to analysts’ expectations of $219.50 million. During the same period in the prior year, the business posted $0.65 earnings per share. On average, equities analysts anticipate 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. Shareholders of record on Friday, January 31st will be paid a $0.12 dividend. This represents a yield of 15.5%. The ex-dividend date is Friday, January 31st. AGNC Investment’s dividend payout ratio (DPR) is 100.00%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of AGNC. Riverview Trust Co purchased a new stake in shares of AGNC Investment during the 3rd quarter valued at approximately $25,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of AGNC Investment during the 2nd quarter valued at approximately $31,000. Point72 Asset Management L.P. purchased a new stake in shares of AGNC Investment during the 3rd quarter valued at approximately $32,000. Northwestern Mutual Wealth Management Co. raised its position in shares of AGNC Investment by 52.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust’s stock valued at $35,000 after buying an additional 1,255 shares during the period. Finally, Blue Trust Inc. raised its position in shares of AGNC Investment by 315.9% during the 3rd quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 2,966 shares during the period. 38.28% of the stock is owned by hedge funds and other institutional investors.

About AGNC Investment

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).