Analysts Set AGNC Investment Corp. (NASDAQ:AGNC) Target Price at $10.64

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) has received an average rating of "Moderate Buy" from the nine analysts that are currently covering the stock, MarketBeat reports. Two investment 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 analysts that have issued a report on the stock in the last year is $10.64.

A number of research analysts have commented on the company. StockNews.com cut AGNC Investment from a "hold" rating to a "sell" rating in a research note on Saturday, October 19th. JPMorgan Chase & Co. lowered their price target on shares of AGNC Investment from $10.00 to $9.50 and set an "overweight" rating for the company in a report on Monday, December 9th. Finally, JMP Securities restated a "market perform" rating on shares of AGNC Investment in a research note on Thursday.

AGNC Investment Trading Up 1.4 %

Shares of NASDAQ AGNC traded up $0.14 during trading on Monday, hitting $9.82. 27,543,360 shares of the company traded hands, compared to its average volume of 18,355,264. The firm has a market capitalization of $8.69 billion, a P/E ratio of 6.82 and a beta of 1.47. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. The company has a 50-day moving average price of $9.51 and a 200-day moving average price of $9.90. AGNC Investment has a 1 year low of $8.92 and a 1 year high of $10.85.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. On average, equities analysts predict that AGNC Investment will post 1.95 EPS for the current year.

AGNC Investment Announces Dividend

The firm also recently announced a jan 25 dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a yield of 15.5%. AGNC Investment's payout ratio is 100.00%.

Institutional Investors Weigh In On AGNC Investment

Institutional investors have recently modified their holdings of the business. Consolidated Portfolio Review Corp increased its position in AGNC Investment by 40.6% in the fourth quarter. Consolidated Portfolio Review Corp now owns 181,744 shares of the real estate investment trust's stock worth $1,674,000 after buying an additional 52,448 shares during the period. Meritage Portfolio Management bought a new stake in AGNC Investment in the 4th quarter valued at about $1,997,000. Choreo LLC boosted its stake in AGNC Investment by 6.8% during the 4th quarter. Choreo LLC now owns 44,990 shares of the real estate investment trust's stock valued at $417,000 after purchasing an additional 2,847 shares during the period. Stratos Wealth Advisors LLC grew its position in AGNC Investment by 70.2% in the 4th quarter. Stratos Wealth Advisors LLC now owns 559,410 shares of the real estate investment trust's stock worth $5,152,000 after purchasing an additional 230,783 shares during the last quarter. Finally, Stratos Wealth Partners LTD. raised its holdings in shares of AGNC Investment by 13.9% during the fourth quarter. Stratos Wealth Partners LTD. now owns 34,144 shares of the real estate investment trust's stock valued at $314,000 after buying an additional 4,175 shares during the last quarter. Institutional investors own 38.28% 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).