AGNC Investment (NASDAQ:AGNC) PT Lowered to $10.25

AGNC Investment (NASDAQ:AGNC) had its price target reduced by equities researchers at Jonestrading from $10.75 to $10.25 in a report released on Tuesday, Benzinga reports. The firm presently has a “buy” rating on the real estate investment trust’s stock. Jonestrading’s price target suggests a potential upside of 9.51% from the stock’s previous close.

Other equities analysts also recently issued reports about the stock. Barclays upped their price target on shares of AGNC Investment from $8.00 to $9.00 and gave the stock an “equal weight” rating in a research note on Monday, January 22nd. Royal Bank of Canada dropped their price target on shares of AGNC Investment from $11.00 to $10.00 and set an “outperform” rating on the stock in a research note on Thursday, January 25th. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a research note on Thursday, April 18th. Compass Point assumed coverage on shares of AGNC Investment in a research note on Tuesday, February 20th. They issued a “buy” rating and a $10.25 price target on the stock. Finally, StockNews.com raised shares of AGNC Investment from a “sell” rating to a “hold” rating in a research note on Tuesday, March 12th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $9.79.

AGNC Investment Stock Down 0.1 %

NASDAQ:AGNC opened at $9.36 on Tuesday. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.01. The stock has a 50 day moving average of $9.55 and a 200-day moving average of $9.26. The firm has a market capitalization of $6.51 billion, a PE ratio of 10.29 and a beta of 1.45. AGNC Investment has a 52 week low of $6.81 and a 52 week high of $10.64.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings data on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.02. The business had revenue of $642.00 million during the quarter, compared to the consensus estimate of $568.38 million. AGNC Investment had a return on equity of 27.92% and a net margin of 32.12%. During the same period in the previous year, the firm posted $0.70 earnings per share. Analysts predict that AGNC Investment will post 2.16 EPS for the current year.

Insider Buying and Selling

In other news, CFO Bernice Bell sold 10,000 shares of the business’s stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $9.85, for a total transaction of $98,500.00. Following the transaction, the chief financial officer now directly owns 287,282 shares in the company, valued at approximately $2,829,727.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.43% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Verity & Verity LLC bought a new stake in shares of AGNC Investment during the 1st quarter worth about $45,000. Bell Bank boosted its holdings in shares of AGNC Investment by 1.5% during the 1st quarter. Bell Bank now owns 564,106 shares of the real estate investment trust’s stock worth $5,585,000 after buying an additional 8,601 shares during the period. Global Retirement Partners LLC boosted its holdings in shares of AGNC Investment by 12.3% during the 1st quarter. Global Retirement Partners LLC now owns 11,303 shares of the real estate investment trust’s stock worth $112,000 after buying an additional 1,238 shares during the period. Nicholas Hoffman & Company LLC. boosted its holdings in shares of AGNC Investment by 4.6% during the 1st quarter. Nicholas Hoffman & Company LLC. now owns 51,788 shares of the real estate investment trust’s stock worth $513,000 after buying an additional 2,274 shares during the period. Finally, Strategic Financial Concepts LLC bought a new stake in AGNC Investment in the 1st quarter valued at about $617,000. 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).