AGNC Investment (NASDAQ:AGNC) Trading Down 0.7% - Time to Sell?

Shares of AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) traded down 0.7% during mid-day trading on Monday . The company traded as low as $8.99 and last traded at $9.12. 5,998,291 shares traded hands during trading, a decline of 70% from the average session volume of 20,092,021 shares. The stock had previously closed at $9.18.

Analyst Ratings Changes

A number of analysts have recently issued reports on AGNC shares. Argus reiterated a "hold" rating on shares of AGNC Investment in a report on Tuesday, April 29th. JMP Securities reaffirmed a "market perform" rating on shares of AGNC Investment in a report on Thursday, January 23rd. Jones Trading reduced their price target on AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Wall Street Zen lowered shares of AGNC Investment from a "hold" rating to a "sell" rating in a report on Tuesday, May 6th. Finally, JPMorgan Chase & Co. reduced their target price on AGNC Investment from $9.50 to $8.50 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. One investment 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's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $9.96.

AGNC Investment Price Performance

The firm has a market capitalization of $9.02 billion, a price-to-earnings ratio of 9.11 and a beta of 1.30. 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 business has a 50-day moving average price of $9.03 and a two-hundred day moving average price of $9.52.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its earnings results on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share for the quarter, topping 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 firm had revenue of $846.00 million for the quarter, compared to analyst estimates of $436.71 million. During the same period last year, the company earned $0.58 earnings per share. As a group, research analysts forecast that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

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

Insider Buying and Selling at AGNC Investment

In other AGNC Investment news, EVP Kenneth L. Pollack sold 17,500 shares of the business's stock in a transaction on Tuesday, April 29th. The stock was sold at an average price of $9.03, for a total transaction of $158,025.00. Following the completion of the transaction, the executive vice president now owns 447,841 shares in the company, valued at approximately $4,044,004.23. The trade was a 3.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Donna Blank sold 17,218 shares of the company's stock in a transaction dated Tuesday, May 6th. The stock was sold at an average price of $8.67, for a total transaction of $149,280.06. Following the completion of the sale, the director now directly owns 90,345 shares of the company's stock, valued at $783,291.15. The trade was a 16.01% decrease in their position. The disclosure for this sale can be found here. Insiders sold 139,384 shares of company stock valued at $1,228,039 in the last ninety days. Company insiders own 0.42% of the company's stock.

Institutional Investors Weigh In On AGNC Investment

Institutional investors and hedge funds have recently bought and sold shares of the business. Barclays PLC grew its position in AGNC Investment by 4.8% in 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 during the last quarter. Park Avenue Securities LLC boosted its position in shares of AGNC Investment by 139.4% in the 4th quarter. Park Avenue Securities LLC now owns 28,595 shares of the real estate investment trust's stock valued at $263,000 after purchasing an additional 16,651 shares during the period. Wealthcare Advisory Partners LLC raised its holdings in AGNC Investment by 49.8% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 17,526 shares of the real estate investment trust's stock worth $161,000 after buying an additional 5,826 shares during the period. HB Wealth Management LLC purchased a new stake in AGNC Investment during the fourth quarter valued at about $129,000. Finally, Diversify Advisory Services LLC purchased a new stake in AGNC Investment during the fourth quarter valued at about $109,000. 38.28% of the stock is owned by institutional investors and hedge funds.

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).