Stocks Look To Build On Gains: AGNC Investment Corp. (AGNC) and International Paper Company (IP)

On Nov 05, Davis Morris A., Director bought 7,350 shares of AGNC Investment Corp. (NASDAQ: AGNC), with the average selling price of the stock being $17.02 per share. The total amount realized from this purchase $125,060. A document was filed with the Securities and Exchange Commission to notify the public about the purchase of the shares.

In addition to that, Director, CEO, and CIO – Kain Gary D bought an extra 97,802 shares of this stock in a transaction that took place a day before, on May 28, with a share bought at an average of $17.73 and a total of $1,733,722 was realized from this transaction. After the transaction, the Director, CEO, and CIO – Kain Gary D was left with 1,627,758 shares of the company’s stock, which is currently worth around $28860149.34.

The recent price movement of AGNC means that it is now down by -1.91% from its 52-week high and 23.64% up against its 52-week low prices. Over the past one week, the price volatility of AGNC stands at 1.01% while the volatility over the past one month is 0.95%. The beta score for this stock is 0.26. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 10/30/2019 published its latest quarterly earnings, with the report showing that the company recorded 0.53 earnings per share (EPS) during that period. This report was below the expectations of analysts of 0.59 by -0.06. The revenue by the firm was 279.17M for the quarter.

The shares of AGNC Investment Corp. (AGNC) gained by 0.34%, leading to a gain of $0.06 per share, and saw AGNC end the trading session at $17.94 on Thursday 01/09/20. AGNC started the trading session at $17.89, before reaching a daily high of $18.09. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $17.83.

The trading volume on Thursday stood at 6355173, which was below the stock’s 3-month average volume of 4.14 million shares, out of a total 539.64M shares. As the price of the stock climbed, the market valuation of the company gained to 9.73 billion.

The shares of International Paper Company (NYSE: IP) went up by 0.27% by the end of the recent trading session. This movement saw its price surge to close at $44.11, which was higher than the previous closing price of $43.99. Over the past one week, the price of IP has slipped by -3.10%, while it has recorded a loss of -6.98% over the past one month. Its three-month performance saw IP gain 12.21% while its six-month performance saw it surge by 3.67%. The situation is different though over the past one year, as the stock price went up by 3.28%, while its year-to-date (YTD) price performance slipped by -4.21%. The stock price has gone up by +12.38% compared to its 90-day low, while it is down -7.41% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Sell. In the short-term, the stock has a 20-day average volume of 3,037,375 shares, with the short-term indicators averagely rating the stock as a 50% Buy. A look at its medium-term indicators reveals that it has a 50-Day average volume of 2,711,866 shares and the indicators have an average rating of 50% Buy. The last indicators, the long-term see IP stock with a 100-Day average volume of 2,944,430 shares, giving it an average rating of 50% Buy. A look at the general picture of all short, medium and long-term indicators leaves IP with an average rating of 40% Buy.

Several brokerage firms sent out their reports IP stock not long ago. In its report sent out on December 10, 2019, Goldman lowered its ratings on IP from a Neutral to a Sell. In an earlier report on December 02, 2019, Exane BNP Paribas Initiated the stock to a Outperform. KeyBanc Capital Markets meanwhile in its report on July 15, 2019 Downgrade its rating of the stock from a “Underweight” to “Underweight”.

In related news to the company’s stock, around 84.20% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 907 institutions currently hold the IP stock. In the last quarter, a 322,551,945 IP shares were in the possession of institutions. On the other hand, the company recorded 55 new institutions who bought it their stock, while 81 institutions sold their entire IP reserve. Of the current institutions investing in the stock, 367 increased their investment while 414 decreased their investment in the stock.