AGNC Investment (NASDAQ:AGNC) Shares Up 0.6% - What's Next?

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) shares traded up 0.6% on Friday . The stock traded as high as $9.65 and last traded at $9.61. 5,499,698 shares were traded during mid-day trading, a decline of 67% from the average session volume of 16,884,195 shares. The stock had previously closed at $9.55.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on AGNC shares. JPMorgan Chase & Co. cut their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an "overweight" rating for the company in a research report on Monday, December 9th. StockNews.com cut AGNC Investment from a "hold" rating to a "sell" rating in a research report on Saturday, October 19th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $10.44.

AGNC Investment Trading Up 0.6 %

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 firm has a market cap of $8.51 billion, a price-to-earnings ratio of 6.67 and a beta of 1.47. The company has a fifty day moving average price of $9.49 and a 200-day moving average price of $9.90.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its quarterly earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share (EPS) 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 analyst estimates of $219.50 million. During the same period in the previous year, the firm posted $0.65 earnings per share. As a group, research analysts expect that AGNC Investment Corp. will post 1.94 EPS 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 issued a $0.12 dividend. This represents a yield of 15.5%. The ex-dividend date is Friday, January 31st. AGNC Investment's payout ratio is presently 100.00%.

Hedge Funds Weigh In On AGNC Investment

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AGNC. Avior Wealth Management LLC increased its position in shares of AGNC Investment by 413.8% during the fourth quarter. Avior Wealth Management LLC now owns 8,853 shares of the real estate investment trust's stock worth $82,000 after purchasing an additional 7,130 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of AGNC Investment by 5.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 203,670 shares of the real estate investment trust's stock worth $1,876,000 after buying an additional 10,031 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of AGNC Investment in the fourth quarter valued at about $1,913,000. Magnus Financial Group LLC lifted its stake in shares of AGNC Investment by 189.2% in the fourth quarter. Magnus Financial Group LLC now owns 30,885 shares of the real estate investment trust's stock worth $284,000 after buying an additional 20,206 shares in the last quarter. Finally, Diversify Advisory Services LLC acquired a new position in AGNC Investment during the fourth quarter worth about $109,000. 38.28% of the stock is 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).