AGNC Investment (NASDAQ:AGNC) Shares Down 0.1% – Here’s Why

Shares of AGNC Investment Corp. (NASDAQ:AGNC) traded down 0.1% on Thursday . The company traded as low as $9.70 and last traded at $9.71. 3,633,186 shares traded hands during trading, a decline of 78% from the average session volume of 16,629,438 shares. The stock had previously closed at $9.71.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. JMP Securities restated a “market perform” rating on shares of AGNC Investment in a research report on Thursday. JPMorgan Chase & Co. decreased their price objective on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a research note on Monday, December 9th. Finally, StockNews.com cut AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday, October 19th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $10.64.

AGNC Investment Stock Up 0.1 %

The firm has a market cap of $8.60 billion, a P/E ratio of 6.75 and a beta of 1.47. 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 firm has a fifty day moving average of $9.50 and a 200-day moving average of $9.90.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings data on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.04). The business had revenue of $756.00 million during the quarter, compared to the consensus estimate of $219.50 million. AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. During the same quarter in the prior year, the company earned $0.65 EPS. On average, equities research analysts anticipate that AGNC Investment Corp. will post 1.94 earnings per share for the current year.

AGNC Investment Announces Dividend

The firm also recently disclosed 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. The ex-dividend date is Friday, January 31st. This represents a yield of 15.5%. AGNC Investment’s dividend payout ratio is 100.00%.

Hedge Funds Weigh In On AGNC Investment

Large investors have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its stake in shares of AGNC Investment by 2.5% during the third 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 during the period. Vaughan Nelson Investment Management L.P. grew its position in AGNC Investment by 200.5% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 14,446,725 shares of the real estate investment trust’s stock worth $151,113,000 after buying an additional 9,639,675 shares in the last quarter. Barclays PLC grew its position in AGNC Investment by 4.8% during the third quarter. Barclays PLC now owns 1,552,969 shares of the real estate investment trust’s stock worth $16,242,000 after buying an additional 71,330 shares in the last quarter. Geode Capital Management LLC grew its position in AGNC Investment by 2.0% during the third quarter. Geode Capital Management LLC now owns 12,303,616 shares of the real estate investment trust’s stock worth $128,730,000 after buying an additional 242,640 shares in the last quarter. Finally, Howard Financial Services LTD. grew its position in AGNC Investment by 195.2% during the fourth quarter. Howard Financial Services LTD. now owns 53,834 shares of the real estate investment trust’s stock worth $496,000 after buying an additional 35,598 shares in the last quarter. Institutional investors 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).