AGNC Investment (NASDAQ:AGNC) Stock Price Up 0.7% – Time to Buy?

Shares of AGNC Investment Corp. (NASDAQ:AGNC) shot up 0.7% during mid-day trading on Tuesday . The company traded as high as $9.86 and last traded at $9.86. 8,824,001 shares were traded during mid-day trading, a decline of 50% from the average session volume of 17,697,279 shares. The stock had previously closed at $9.79.

Analyst Ratings Changes

A number of equities analysts have recently commented on AGNC shares. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. JPMorgan Chase & Co. dropped 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 report on Monday, December 9th. Finally, StockNews.com cut shares of AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $10.64.

AGNC Investment Stock Performance

The company has a market cap of $8.74 billion, a price-to-earnings ratio of 6.85 and a beta of 1.47. The firm has a 50-day simple moving average of $9.51 and a 200 day simple moving average of $9.90. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. On average, sell-side analysts predict that AGNC Investment Corp. will post 1.95 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently announced 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 dividend yield of 15.5%. AGNC Investment’s dividend payout ratio (DPR) is currently 100.00%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. boosted its stake in shares of AGNC Investment by 2.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 6,768,305 shares of the real estate investment trust’s stock valued at $70,796,000 after buying an additional 162,152 shares in the last quarter. Vaughan Nelson Investment Management L.P. boosted 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 purchasing an additional 9,639,675 shares in the last quarter. Barclays PLC boosted 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 purchasing an additional 71,330 shares in the last quarter. Geode Capital Management LLC boosted 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 purchasing an additional 242,640 shares in the last quarter. Finally, Howard Financial Services LTD. boosted 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 purchasing an additional 35,598 shares in 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).