AGNC Investment Corp. (NASDAQ:AGNC) Given Average Recommendation of "Moderate Buy" by Brokerages

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) has been assigned an average rating of "Moderate Buy" from the seven ratings firms that are currently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $9.93.

Several equities research analysts have recently weighed in on the company. Barclays assumed coverage on AGNC Investment in a research report on Wednesday, November 15th. They issued an "equal weight" rating and a $8.00 price objective for the company. Keefe, Bruyette & Woods increased their price objective on AGNC Investment from $8.50 to $10.00 and gave the company an "outperform" rating in a research report on Wednesday, December 13th. StockNews.com raised AGNC Investment from a "sell" rating to a "hold" rating in a research report on Tuesday, December 5th. UBS Group restated a "neutral" rating and issued a $9.00 target price on shares of AGNC Investment in a research note on Wednesday, December 6th. Finally, Royal Bank of Canada cut their target price on AGNC Investment from $11.00 to $9.00 and set an "outperform" rating for the company in a research note on Friday, November 3rd.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of AGNC. Raymond James Financial Services Advisors Inc. raised its stake in AGNC Investment by 50.5% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 46,983 shares of the real estate investment trust's stock worth $615,000 after acquiring an additional 15,758 shares in the last quarter. US Bancorp DE raised its stake in AGNC Investment by 68.9% during the first quarter. US Bancorp DE now owns 29,371 shares of the real estate investment trust's stock worth $385,000 after acquiring an additional 11,982 shares in the last quarter. MetLife Investment Management LLC acquired a new stake in shares of AGNC Investment in the first quarter valued at $137,000. Yousif Capital Management LLC increased its stake in shares of AGNC Investment by 5.2% in the first quarter. Yousif Capital Management LLC now owns 36,096 shares of the real estate investment trust's stock valued at $473,000 after buying an additional 1,775 shares in the last quarter. Finally, Sei Investments Co. increased its stake in shares of AGNC Investment by 2.3% in the first quarter. Sei Investments Co. now owns 517,988 shares of the real estate investment trust's stock valued at $6,757,000 after buying an additional 11,711 shares in the last quarter. 38.86% of the stock is currently owned by institutional investors and hedge funds.

AGNC Investment Stock Up 0.3 %

Shares of AGNC Investment stock opened at $9.95 on Friday. The stock has a market capitalization of $6.68 billion, a P/E ratio of 26.89 and a beta of 1.33. The company has a quick ratio of 0.20, a current ratio of 0.20 and a debt-to-equity ratio of 0.01. The stock has a 50 day moving average price of $8.65 and a two-hundred day moving average price of $9.42. AGNC Investment has a 12-month low of $6.81 and a 12-month high of $12.25.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its earnings results on Tuesday, October 31st. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.54 by $0.11. The firm had revenue of $593.00 million during the quarter, compared to analysts' expectations of $310.17 million. AGNC Investment had a return on equity of 28.72% and a net margin of 17.39%. During the same quarter in the prior year, the business earned $0.84 earnings per share. Equities analysts expect that AGNC Investment will post 2.52 earnings per share for the current year.

AGNC Investment Announces Dividend

The business also recently disclosed a dec 23 dividend, which will be paid on Wednesday, January 10th. Shareholders of record on Friday, December 29th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a yield of 14.8%. AGNC Investment's dividend payout ratio is currently 389.19%.

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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