Analysts Set AGNC Investment Corp. (NASDAQ:AGNC) PT at $10.44

Shares of AGNC Investment Corp. (NASDAQ:AGNCGet Free Report) have earned an average rating of “Moderate Buy” from the ten analysts that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $10.44.

AGNC has been the topic of several recent research reports. Wells Fargo & Company raised AGNC Investment from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $10.00 to $12.00 in a report on Friday, September 20th. JPMorgan Chase & Co. cut their price target on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a report on Monday, December 9th. Finally, StockNews.com lowered shares of AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 19th.

Check Out Our Latest Stock Report on AGNC Investment

AGNC Investment Stock Down 1.3 %

NASDAQ AGNC opened at $9.32 on Thursday. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. AGNC Investment has a 1-year low of $8.92 and a 1-year high of $10.85. The company has a market cap of $8.25 billion, a price-to-earnings ratio of 6.47 and a beta of 1.47. The company has a 50 day moving average of $9.52 and a 200-day moving average of $9.93.

AGNC Investment (NASDAQ:AGNCGet Free Report) last posted its earnings results on Monday, October 21st. The real estate investment trust reported $0.43 EPS 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 the consensus estimate of $219.50 million. AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. During the same period last year, the company posted $0.65 EPS. On average, equities research analysts expect that AGNC Investment will post 1.94 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The business also recently announced a dec 24 dividend, which will be paid on Friday, January 10th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.12 per share. This represents a dividend yield of 15.1%. The ex-dividend date of this dividend is Tuesday, December 31st. AGNC Investment’s dividend payout ratio is currently 100.00%.

Institutional Trading of AGNC Investment

Several hedge funds have recently made changes to their positions in AGNC. Bank of New York Mellon Corp grew its position in shares of AGNC Investment by 8.4% in the second quarter. Bank of New York Mellon Corp now owns 2,435,422 shares of the real estate investment trust’s stock valued at $23,234,000 after purchasing an additional 187,949 shares in the last quarter. Signaturefd LLC grew its holdings in AGNC Investment by 23.4% in the 2nd quarter. Signaturefd LLC now owns 8,355 shares of the real estate investment trust’s stock worth $80,000 after acquiring an additional 1,582 shares during the last quarter. Rothschild Investment LLC purchased a new position in AGNC Investment during the 2nd quarter valued at about $88,000. Commonwealth Equity Services LLC boosted its holdings in AGNC Investment by 27.9% in the second quarter. Commonwealth Equity Services LLC now owns 596,924 shares of the real estate investment trust’s stock valued at $5,695,000 after acquiring an additional 130,134 shares in the last quarter. Finally, Natixis Advisors LLC increased its position in shares of AGNC Investment by 1.7% during the second quarter. Natixis Advisors LLC now owns 926,469 shares of the real estate investment trust’s stock valued at $8,838,000 after buying an additional 15,802 shares during the period. 38.28% of the stock is currently owned by institutional investors.

AGNC Investment Company Profile

(Get Free Report

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).

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Analyst Recommendations for AGNC Investment (NASDAQ:AGNC)

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