AGNC Investment Corp. (NASDAQ:AGNC) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of AGNC Investment Corp. (NASDAQ:AGNC) have received an average recommendation of “Moderate Buy” from the eleven analysts that are presently covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $10.33.

A number of research analysts recently issued reports on the company. Maxim Group downgraded AGNC Investment from a “buy” rating to a “hold” rating in a research note on Wednesday, July 24th. Compass Point lifted their target price on shares of AGNC Investment from $10.25 to $11.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. JPMorgan Chase & Co. increased their price target on shares of AGNC Investment from $9.50 to $10.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 16th. Keefe, Bruyette & Woods lifted their price objective on shares of AGNC Investment from $10.00 to $10.25 and gave the company an “outperform” rating in a research note on Thursday, July 25th. Finally, StockNews.com downgraded shares of AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday, October 19th.

AGNC Investment Stock Down 0.1 %

AGNC stock opened at $9.93 on Friday. The company’s 50 day moving average is $10.30 and its two-hundred day moving average is $9.93. AGNC Investment has a twelve month low of $6.81 and a twelve month high of $10.85. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.01. The stock has a market cap of $7.22 billion, a P/E ratio of 10.91 and a beta of 1.47.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly 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 company had revenue of $756.00 million during the quarter, compared to analysts’ expectations of $219.50 million. AGNC Investment had a net margin of 16.15% and a return on equity of 26.21%. During the same period last year, the firm earned $0.65 earnings per share. Research analysts expect that AGNC Investment will post 2.11 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently declared a oct 24 dividend, which will be paid on Tuesday, November 12th. Investors of record on Thursday, October 31st will be paid a $0.12 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a dividend yield of 14%. AGNC Investment’s dividend payout ratio (DPR) is presently 158.24%.

Insider Buying and Selling

In other AGNC Investment news, CFO Bernice Bell sold 5,000 shares of the business’s stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $10.07, for a total transaction of $50,350.00. Following the sale, the chief financial officer now directly owns 298,182 shares in the company, valued at approximately $3,002,692.74. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.52% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On AGNC Investment

Hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its holdings in AGNC Investment by 10.5% during the fourth quarter. Vanguard Group Inc. now owns 63,366,808 shares of the real estate investment trust’s stock worth $621,628,000 after purchasing an additional 6,019,268 shares during the last quarter. ORG Wealth Partners LLC acquired a new position in shares of AGNC Investment during the 3rd quarter worth $17,463,000. Boston Partners boosted its position in shares of AGNC Investment by 522.4% in the 1st quarter. Boston Partners now owns 1,437,698 shares of the real estate investment trust’s stock worth $14,229,000 after buying an additional 1,206,714 shares in the last quarter. International Assets Investment Management LLC grew its stake in AGNC Investment by 945.2% in 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 acquiring an additional 969,475 shares during the last quarter. Finally, Equity Investment Corp increased its holdings in AGNC Investment by 16.2% during the 1st quarter. Equity Investment Corp now owns 6,870,571 shares of the real estate investment trust’s stock valued at $68,019,000 after acquiring an additional 957,139 shares in the last quarter. 38.28% of the stock is currently owned by institutional investors and hedge funds.

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).