AGNC Investment Corp. (NASDAQ:AGNC) Receives Consensus Rating of "Moderate Buy" from Brokerages

Shares of AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the seven brokerages that are currently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $9.79.

Several equities analysts recently weighed in on AGNC shares. Jonestrading dropped their price objective on AGNC Investment from $10.75 to $10.25 and set a "buy" rating for the company in a research note on Tuesday. Compass Point started coverage on AGNC Investment in a research note on Tuesday, February 20th. They issued a "buy" rating and a $10.25 price objective for the company. JMP Securities reaffirmed a "market perform" rating on shares of AGNC Investment in a research note on Thursday, April 18th. Royal Bank of Canada dropped their price objective on AGNC Investment from $11.00 to $10.00 and set an "outperform" rating for the company in a research note on Thursday, January 25th. Finally, Barclays raised their price target on AGNC Investment from $8.00 to $9.00 and gave the stock an "equal weight" rating in a research report on Monday, January 22nd.

Insider Transactions at AGNC Investment

In other news, Director Frances Spark sold 5,000 shares of the firm's stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $9.35, for a total transaction of $46,750.00. Following the sale, the director now owns 75,545 shares in the company, valued at $706,345.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.52% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AGNC. SG Americas Securities LLC boosted its holdings in AGNC Investment by 136.4% in the third quarter. SG Americas Securities LLC now owns 27,950 shares of the real estate investment trust's stock valued at $264,000 after acquiring an additional 16,125 shares during the last quarter. KG&L Capital Management LLC raised its position in AGNC Investment by 67.1% in the third quarter. KG&L Capital Management LLC now owns 65,970 shares of the real estate investment trust's stock valued at $623,000 after purchasing an additional 26,485 shares during the period. All Season Financial Advisors Inc. raised its position in AGNC Investment by 5.7% in the third quarter. All Season Financial Advisors Inc. now owns 59,862 shares of the real estate investment trust's stock valued at $565,000 after purchasing an additional 3,251 shares during the period. Xponance Inc. raised its position in AGNC Investment by 71.9% in the third quarter. Xponance Inc. now owns 34,191 shares of the real estate investment trust's stock valued at $323,000 after purchasing an additional 14,304 shares during the period. Finally, Raymond James & Associates raised its position in AGNC Investment by 1.1% in the third quarter. Raymond James & Associates now owns 1,078,421 shares of the real estate investment trust's stock valued at $10,180,000 after purchasing an additional 11,459 shares during the period. Institutional investors and hedge funds own 38.28% of the company's stock.

AGNC Investment Stock Performance

Shares of AGNC stock traded up $0.09 during trading hours on Friday, reaching $9.33. 13,154,097 shares of the company's stock were exchanged, compared to its average volume of 10,943,930. The company has a market cap of $6.48 billion, a P/E ratio of 10.25 and a beta of 1.45. The company's 50 day moving average is $9.55 and its two-hundred day moving average is $9.26. AGNC Investment has a 1 year low of $6.81 and a 1 year high of $10.64. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.26 and a quick ratio of 0.26.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.56 by $0.02. The business had revenue of $642.00 million during the quarter, compared to the consensus estimate of $568.38 million. AGNC Investment had a return on equity of 27.92% and a net margin of 32.12%. During the same period in the prior year, the business posted $0.70 EPS. Equities research analysts anticipate that AGNC Investment will post 2.18 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The firm also recently disclosed a apr 24 dividend, which will be paid on Thursday, May 9th. Stockholders of record on Tuesday, April 30th will be issued a dividend of $0.12 per share. This represents a dividend yield of 15.4%. The ex-dividend date of this dividend is Monday, April 29th. AGNC Investment's dividend payout ratio (DPR) is 158.24%.

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).