AGNC Investment (NASDAQ:AGNC) Trading Down 1.1% - Should You Sell?

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) shares traded down 1.1% during trading on Friday . The stock traded as low as $8.85 and last traded at $8.90. 8,264,653 shares changed hands during trading, a decline of 70% from the average session volume of 27,571,162 shares. The stock had previously closed at $8.99.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Jones Trading dropped their price target on AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Wall Street Zen cut AGNC Investment from a "hold" rating to a "sell" rating in a report on Tuesday, May 6th. JPMorgan Chase & Co. dropped their target price on AGNC Investment from $9.50 to $8.50 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Wells Fargo & Company dropped their target price on AGNC Investment from $11.00 to $10.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Finally, Argus restated a "hold" rating on shares of AGNC Investment in a report on Tuesday, April 29th. One 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.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $9.96.

AGNC Investment Trading Down 1.9%

The company has a 50 day moving average price of $8.88 and a 200 day moving average price of $9.50. The firm has a market cap of $9.12 billion, a price-to-earnings ratio of 9.22 and a beta of 1.30. 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 - Get Free Report) last announced its quarterly earnings results on Monday, April 21st. The real estate investment trust reported $0.44 EPS for the quarter, beating the consensus estimate of $0.41 by $0.03. AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. The business had revenue of $846.00 million for the quarter, compared to analyst estimates of $436.71 million. During the same quarter in the prior year, the company posted $0.58 EPS. On average, research analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

The company also recently announced a may 25 dividend, which will be paid on Tuesday, June 10th. Investors of record on Friday, May 30th will be paid a dividend of $0.12 per share. This represents a yield of 16.2%. The ex-dividend date is Friday, May 30th. AGNC Investment's payout ratio is 360.00%.

Insider Buying and Selling at AGNC Investment

In related news, Director Donna Blank sold 17,218 shares of the firm's stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $8.67, for a total transaction of $149,280.06. Following the transaction, the director now owns 90,345 shares in the company, valued at $783,291.15. This trade represents a 16.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Peter J. Federico sold 48,333 shares of AGNC Investment stock in a transaction that occurred on Friday, April 25th. The shares were sold at an average price of $8.70, for a total value of $420,497.10. Following the completion of the transaction, the chief executive officer now owns 1,691,421 shares in the company, valued at $14,715,362.70. This trade represents a 2.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 139,384 shares of company stock valued at $1,228,039 in the last quarter. Corporate insiders own 0.42% of the company's stock.

Institutional Trading of AGNC Investment

Institutional investors have recently modified their holdings of the business. Fourth Dimension Wealth LLC acquired a new position in AGNC Investment during the fourth quarter worth $26,000. Financial Life Planners acquired a new position in shares of AGNC Investment in the fourth quarter worth $28,000. N.E.W. Advisory Services LLC acquired a new position in shares of AGNC Investment in the first quarter worth $28,000. National Bank of Canada FI raised its holdings in shares of AGNC Investment by 112.7% in the fourth quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust's stock worth $32,000 after acquiring an additional 1,832 shares during the last quarter. Finally, Larson Financial Group LLC raised its holdings in shares of AGNC Investment by 326.3% in the first quarter. Larson Financial Group LLC now owns 3,291 shares of the real estate investment trust's stock worth $32,000 after acquiring an additional 2,519 shares during the last quarter. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

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).