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

Shares of AGNC Investment Corp. (NASDAQ:AGNC) have been assigned a consensus rating of “Moderate Buy” from the ten ratings firms that are presently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $10.44.

Several equities research analysts have recently weighed in on AGNC shares. StockNews.com lowered AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday, October 19th. JPMorgan Chase & Co. lowered their price objective 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, Wells Fargo & Company raised AGNC Investment from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $10.00 to $12.00 in a research report on Friday, September 20th.

Institutional Investors Weigh In On AGNC Investment

Several hedge funds and other institutional investors have recently made changes to their positions in AGNC. Riverview Trust Co acquired a new position in shares of AGNC Investment in the 3rd quarter valued at $25,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of AGNC Investment in the second quarter valued at approximately $31,000. Point72 Asset Management L.P. acquired a new position in shares of AGNC Investment during the 3rd quarter worth about $32,000. Northwestern Mutual Wealth Management Co. grew its stake in AGNC Investment by 52.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 1,255 shares in the last quarter. Finally, Blue Trust Inc. raised its position 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 worth $37,000 after acquiring an additional 2,966 shares in the last quarter. 38.28% of the stock is owned by institutional investors and hedge funds.

AGNC Investment Stock Down 1.3 %

NASDAQ:AGNC opened at $9.32 on Thursday. The stock has a 50 day moving average of $9.52 and a 200-day moving average of $9.93. The firm has a market capitalization of $8.25 billion, a PE ratio of 6.47 and a beta of 1.47. 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 52 week low of $8.92 and a 52 week high of $10.85.

AGNC Investment (NASDAQ:AGNC) last announced its earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share (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 net margin of 42.19% and a return on equity of 23.41%. During the same quarter in the prior year, the company earned $0.65 EPS. Analysts predict that AGNC Investment will post 1.94 EPS for the current year.

AGNC Investment Dividend Announcement

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