Jones Trading Lowers AGNC Investment (NASDAQ:AGNC) Price Target to $9.50

AGNC Investment (NASDAQ:AGNC - Get Free Report) had its price objective lowered by equities researchers at Jones Trading from $10.25 to $9.50 in a report issued on Tuesday,Benzinga reports. The brokerage presently has a "buy" rating on the real estate investment trust's stock. Jones Trading's price objective points to a potential upside of 7.34% from the stock's previous close.

A number of other research analysts also recently weighed in on the stock. StockNews.com upgraded shares of AGNC Investment from a "sell" rating to a "hold" rating in a report on Tuesday, February 25th. Wells Fargo & Company dropped their price target on AGNC Investment from $12.00 to $11.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. JMP Securities reaffirmed a "market perform" rating on shares of AGNC Investment in a research report on Thursday, January 23rd. JPMorgan Chase & Co. decreased their target price on AGNC Investment from $9.50 to $8.50 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Finally, Argus upgraded shares of AGNC Investment to a "hold" rating in a research note on Tuesday, February 4th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, AGNC Investment currently has a consensus rating of "Moderate Buy" and a consensus target price of $10.11.

AGNC Investment Trading Up 1.5 %

Shares of AGNC stock traded up $0.13 during trading hours on Tuesday, reaching $8.85. 36,518,210 shares of the stock traded hands, compared to its average volume of 19,122,937. AGNC Investment has a 1-year low of $7.85 and a 1-year high of $10.85. 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 firm has a market capitalization of $8.10 billion, a PE ratio of 9.12 and a beta of 1.32. The business has a fifty day moving average price of $9.56 and a 200 day moving average price of $9.66.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its quarterly earnings results on Monday, April 21st. The real estate investment trust reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.03. AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. The business had revenue of $846.00 million for the quarter, compared to the consensus estimate of $436.71 million. During the same period in the prior year, the business posted $0.58 earnings per share. On average, equities research analysts forecast that AGNC Investment will post 1.61 EPS for the current year.

Insider Transactions at AGNC Investment

In other news, Director Frances Spark sold 5,000 shares of the stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total value of $50,500.00. Following the transaction, the director now owns 75,919 shares of the company's stock, valued at $766,781.90. This represents a 6.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Bernice Bell sold 13,000 shares of the firm's stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $10.04, for a total value of $130,520.00. Following the transaction, the chief financial officer now owns 372,226 shares in the company, valued at approximately $3,737,149.04. This trade represents a 3.37 % decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Hsbc Holdings PLC lifted its stake in AGNC Investment by 5.6% in the fourth quarter. Hsbc Holdings PLC now owns 18,259 shares of the real estate investment trust's stock valued at $168,000 after buying an additional 970 shares in the last quarter. CIBC Asset Management Inc raised its holdings in AGNC Investment by 5.3% during the fourth quarter. CIBC Asset Management Inc now owns 21,428 shares of the real estate investment trust's stock worth $197,000 after acquiring an additional 1,075 shares in the last quarter. Armstrong Advisory Group Inc. boosted its position in AGNC Investment by 6.6% during the fourth quarter. Armstrong Advisory Group Inc. now owns 18,505 shares of the real estate investment trust's stock valued at $170,000 after purchasing an additional 1,150 shares during the last quarter. CoreCap Advisors LLC grew its stake in AGNC Investment by 34.8% in the fourth quarter. CoreCap Advisors LLC now owns 4,765 shares of the real estate investment trust's stock valued at $44,000 after purchasing an additional 1,229 shares in the last quarter. Finally, Advisory Services Network LLC raised its stake in shares of AGNC Investment by 2.9% during the 4th quarter. Advisory Services Network LLC now owns 46,399 shares of the real estate investment trust's stock worth $427,000 after purchasing an additional 1,303 shares in the last quarter. Institutional investors and hedge funds own 38.28% of the company's stock.

About AGNC Investment

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).