BidaskClub lowered shares of AGNC Investment (NASDAQ:AGNC) from a hold rating to a sell rating in a report released on Monday, February 4th.
Several other analysts have also weighed in on AGNC. Barclays decreased their price objective on AGNC Investment from $19.00 to $18.00 and set an equal weight rating on the stock in a report on Friday, October 26th. ValuEngine upgraded AGNC Investment from a sell rating to a hold rating in a research report on Friday, December 7th. JPMorgan Chase & Co. upgraded AGNC Investment from a neutral rating to an overweight rating and raised their target price for the stock from $17.50 to $18.00 in a research report on Thursday, December 20th. Zacks Investment Research upgraded AGNC Investment from a hold rating to a buy rating and set a $20.00 target price for the company in a research report on Monday, December 31st. Finally, Keefe, Bruyette & Woods upgraded AGNC Investment from a market perform rating to an outperform rating in a research report on Sunday, January 13th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company. AGNC Investment presently has a consensus rating of Hold and an average target price of $18.75.
Shares of NASDAQ:AGNC traded down $0.09 during trading on Monday, hitting $17.56. 5,937,403 shares of the stock were exchanged, compared to its average volume of 5,987,781. AGNC Investment has a 1-year low of $16.96 and a 1-year high of $19.72. The firm has a market capitalization of $9.27 billion, a PE ratio of 7.47, a PEG ratio of 2.58 and a beta of 0.20. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.03.
AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings data on Wednesday, January 30th. The real estate investment trust reported $0.53 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.59 by ($0.06). AGNC Investment had a return on equity of 12.17% and a net margin of 11.85%. The firm had revenue of $186.00 million for the quarter, compared to analyst estimates of $341.58 million. During the same period in the previous year, the business posted $0.63 EPS. On average, sell-side analysts predict that AGNC Investment will post 2.29 EPS for the current year.
The business also recently announced a monthly dividend, which will be paid on Monday, March 11th. Investors of record on Thursday, February 28th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Wednesday, February 27th. This represents a $2.16 annualized dividend and a dividend yield of 12.30%. AGNC Investment’s dividend payout ratio (DPR) is presently 91.91%.
Several institutional investors have recently bought and sold shares of the stock. Winslow Evans & Crocker Inc. bought a new position in AGNC Investment in the 4th quarter valued at $28,000. San Francisco Sentry Investment Group CA bought a new position in AGNC Investment in the 4th quarter valued at $35,000. Bronfman E.L. Rothschild L.P. raised its position in AGNC Investment by 64.6% in the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 2,125 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 834 shares during the last quarter. Prime Capital Investment Advisors LLC bought a new position in AGNC Investment in the 4th quarter valued at $45,000. Finally, Private Capital Group LLC raised its position in AGNC Investment by 132.0% in the 4th quarter. Private Capital Group LLC now owns 2,647 shares of the real estate investment trust’s stock valued at $47,000 after purchasing an additional 1,506 shares during the last quarter. Institutional investors and hedge funds own 64.02% of the company’s stock.
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).
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