AGNC Investment (NASDAQ:AGNC) Trading Down 0.4% – Time to Sell?

AGNC Investment Corp. (NASDAQ:AGNC) dropped 0.4% during trading on Friday . The company traded as low as $9.14 and last traded at $9.25. Approximately 9,650,084 shares were traded during mid-day trading, a decline of 40% from the average daily volume of 16,164,275 shares. The stock had previously closed at $9.29.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. StockNews.com downgraded AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. Wells Fargo & Company upgraded shares of AGNC Investment from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $10.00 to $12.00 in a research report on Friday, September 20th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a research note on Monday, December 9th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, AGNC Investment has a consensus rating of “Moderate Buy” and an average target price of $10.44.

AGNC Investment Stock Down 0.9 %

The firm has a market cap of $8.16 billion, a P/E ratio of 6.40 and a beta of 1.47. The stock’s 50 day simple moving average is $9.51 and its 200 day simple 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 posted its 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). The business had revenue of $756.00 million during the quarter, compared to analyst estimates of $219.50 million. AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. During the same quarter in the prior year, the company earned $0.65 EPS. Research analysts anticipate 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 dividend of $0.12 per share. The ex-dividend date is Friday, January 31st. This represents a yield of 15.5%. AGNC Investment’s dividend payout ratio (DPR) is currently 100.00%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in AGNC. Vaughan Nelson Investment Management L.P. increased its stake in AGNC Investment by 200.5% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 14,446,725 shares of the real estate investment trust’s stock valued at $151,113,000 after buying an additional 9,639,675 shares during the last quarter. Natixis Advisors LLC increased its position in shares of AGNC Investment by 314.8% during the third quarter. Natixis Advisors LLC now owns 3,842,814 shares of the real estate investment trust’s stock valued at $40,196,000 after acquiring an additional 2,916,345 shares during the last quarter. ORG Wealth Partners LLC bought a new stake in AGNC Investment during the third quarter worth $17,463,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in AGNC Investment by 115.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,912,694 shares of the real estate investment trust’s stock worth $20,007,000 after purchasing an additional 1,023,275 shares during the last quarter. Finally, International Assets Investment Management LLC increased its position in shares of AGNC Investment by 945.2% during the 3rd quarter. International Assets Investment Management LLC now owns 1,072,039 shares of the real estate investment trust’s stock valued at $102,489,000 after purchasing an additional 969,475 shares during the last quarter. 38.28% of the stock is owned by 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).