AGNC Investment Corp. (NASDAQ:AGNC) Stock Now Rated "Hold" by Wall Street Analysts

Key Points

• Analysts rate AGNC a consensus “Hold”: Of 11 firms covering the stock, seven recommend holding, three buying, and one selling; the average 12-month price target is $10.12.
• AGNC reported quarterly EPS of $0.37, matching estimates, while revenue of $1.20 billion exceeded expectations of $1.06 billion.
• The company declared a monthly dividend of $0.12 per share, equivalent to $1.44 annually and a stated yield of 16.4%.

Shares of AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) have been given a consensus recommendation of "Hold" by the eleven ratings firms that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $10.12.

A number of equities analysts recently commented on AGNC shares. Royal Bank Of Canada reduced their price target on AGNC Investment from $12.00 to $10.00 and set an "outperform" rating for the company in a report on Wednesday, October 21st. Keefe, Bruyette & Woods dropped their price objective on AGNC Investment from $12.00 to $11.00 and set a "market perform" rating on the stock in a research note on Wednesday, July 22nd. Compass Point cut AGNC Investment from a "buy" rating to a "neutral" rating and set a $11.50 price objective for the company. in a research report on Friday, July 17th. Wells Fargo & Company cut their price objective on AGNC Investment from $11.00 to $10.00 and set an "overweight" rating for the company in a research report on Wednesday, October 21st. Finally, Barclays reduced their target price on AGNC Investment from $10.00 to $9.00 and set an "equal weight" rating for the company in a research note on Wednesday, October 21st.

AGNC Investment Trading Down 0.5%

NASDAQ AGNC opened at $8.78 on Friday. The firm's fifty day moving average price is $9.37 and its two-hundred day moving average price is $10.43. AGNC Investment has a 1 year low of $8.38 and a 1 year high of $12.19. The firm has a market capitalization of $11.18 billion, a P/E ratio of 878.88 and a beta of 1.40.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its quarterly earnings results on Monday, October 19th. The real estate investment trust reported $0.37 EPS for the quarter, meeting analysts' consensus estimates of $0.37. The firm had revenue of $1.20 billion during the quarter, compared to analysts' expectations of $1.06 billion. AGNC Investment had a net margin of 2.45% and a return on equity of 18.74%. On average, research analysts anticipate that AGNC Investment will post 1.56 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 30th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, October 30th. This represents a $1.44 annualized dividend and a yield of 16.4%. AGNC Investment's dividend payout ratio (DPR) is currently 14,400.00%.

Insider Transactions at AGNC Investment

In other AGNC Investment news, CEO Peter Federico sold 67,794 shares of the company's stock in a transaction on Monday, October 26th. The shares were sold at an average price of $8.87, for a total value of $601,332.78. Following the transaction, the chief executive officer directly owned 1,846,083 shares in the company, valued at $16,374,756.21. The trade was a 3.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.40% of the stock is owned by corporate insiders.

Institutional Trading of AGNC Investment

Several hedge funds and other institutional investors have recently modified their holdings of AGNC. Delta Asset Management LLC TN acquired a new stake in AGNC Investment during the second quarter worth approximately $25,000. Danske Bank A S bought a new stake in shares of AGNC Investment during the second quarter worth approximately $26,000. MCF Advisors LLC boosted its holdings in shares of AGNC Investment by 254.1% during the second quarter. MCF Advisors LLC now owns 2,408 shares of the real estate investment trust's stock worth $27,000 after acquiring an additional 1,728 shares during the period. Osbon Capital Management LLC acquired a new position in shares of AGNC Investment in the second quarter valued at approximately $28,000. Finally, N.E.W. Advisory Services LLC acquired a new position in shares of AGNC Investment in the second quarter valued at approximately $28,000. Institutional investors own 38.28% of the company's stock.

About AGNC Investment

AGNC Investment Corp. is a mortgage real estate investment trust that focuses primarily on investing in agency residential mortgage-backed securities. These securities are backed by mortgages and carry guarantees or support from U.S. government agencies or government-sponsored enterprises.

The company's portfolio includes mortgage pass-through securities and collateralized mortgage obligations. AGNC finances its investments and uses hedging strategies to manage risks associated with interest rates and mortgage markets.

Founded in 2008, AGNC is based in Bethesda, Maryland, and its investment activities are centered on the U.S.

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