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

AGNC Investment Corp. (NASDAQ:AGNC) has been assigned a consensus recommendation of “Moderate Buy” from the eleven analysts that are presently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $10.33.

Several equities analysts recently weighed in on AGNC shares. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a research report on Wednesday, August 28th. StockNews.com lowered shares of AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday, October 19th. Wells Fargo & Company raised shares of AGNC Investment from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $10.00 to $12.00 in a research report on Friday, September 20th. Maxim Group cut AGNC Investment from a “buy” rating to a “hold” rating in a research report on Wednesday, July 24th. Finally, Compass Point increased their price objective on AGNC Investment from $10.25 to $11.00 and gave the company a “buy” rating in a report on Wednesday, July 24th.

Institutional Investors Weigh In On AGNC Investment

Hedge funds and other institutional investors have recently modified their holdings of the stock. Riverview Trust Co bought a new stake in AGNC Investment in the 3rd quarter valued at $25,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of AGNC Investment in the second quarter valued at about $31,000. Northwestern Mutual Wealth Management Co. grew its position in AGNC Investment by 52.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 1,255 shares in the last quarter. Blue Trust Inc. increased its stake in AGNC Investment by 315.9% during the third quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 2,966 shares during the period. Finally, LRI Investments LLC acquired a new position in AGNC Investment in the 1st quarter valued at approximately $38,000. Institutional investors and hedge funds own 38.28% of the company’s stock.

AGNC Investment Trading Down 2.2 %

AGNC Investment stock opened at $9.47 on Wednesday. AGNC Investment has a 12 month low of $8.25 and a 12 month high of $10.85. The company has a quick ratio of 0.27, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. The stock has a market cap of $8.39 billion, a P/E ratio of 6.58 and a beta of 1.47. The company’s fifty day simple moving average is $10.13 and its 200-day simple moving average is $9.96.

AGNC Investment (NASDAQ:AGNC) last issued its earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.04). The firm had revenue of $756.00 million during the quarter, compared to analyst estimates 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 in the previous year, the company earned $0.65 earnings per share. As a group, sell-side analysts forecast that AGNC Investment will post 1.94 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The firm also recently declared a nov 24 dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Friday, November 29th will be given a $0.12 dividend. This represents a yield of 14.9%. The ex-dividend date is Friday, November 29th. AGNC Investment’s dividend payout ratio is currently 100.00%.

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).