AGNC Investment (NASDAQ:AGNC) Upgraded to Hold at StockNews.com

StockNews.com upgraded shares of AGNC Investment (NASDAQ:AGNC) from a sell rating to a hold rating in a research report report published on Tuesday.

Several other analysts also recently issued reports on AGNC. Argus upgraded AGNC Investment to a “hold” rating in a research note on Tuesday, February 4th. JPMorgan Chase & Co. reduced their price target on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a research note on Monday, December 9th. Wells Fargo & Company cut their target price on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a research report on Thursday, January 23rd. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $11.00 target price on shares of AGNC Investment in a research report on Thursday, January 30th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $10.50.

AGNC Investment Stock Up 0.3 %

AGNC stock opened at $10.53 on Tuesday. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $9.32 billion, a PE ratio of 10.85 and a beta of 1.48. AGNC Investment has a 1-year low of $8.92 and a 1-year high of $10.85. The business’s 50 day simple moving average is $9.76 and its 200 day simple moving average is $9.91.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. As a group, research analysts anticipate that AGNC Investment will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

The firm also recently disclosed a feb 25 dividend, which will be paid on Tuesday, March 11th. Investors of record on Friday, February 28th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a dividend yield of 13.8%. AGNC Investment’s dividend payout ratio is currently 148.45%.

Insider Buying and Selling

In other AGNC Investment news, CFO Bernice Bell sold 13,000 shares of the company’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 completion of the transaction, the chief financial officer now owns 372,226 shares of the company’s stock, valued at $3,737,149.04. This represents a 3.37 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Frances Spark sold 5,000 shares of the company’s stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total value of $50,500.00. Following the completion of the transaction, the director now directly owns 75,919 shares of the company’s stock, valued at approximately $766,781.90. The trade was a 6.18 % decrease in their position. The disclosure for this sale can be found here. 0.43% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On AGNC Investment

A number of institutional investors and hedge funds have recently bought and sold shares of AGNC. Creative Planning increased its holdings in AGNC Investment by 11.7% in the 3rd quarter. Creative Planning now owns 189,905 shares of the real estate investment trust’s stock worth $1,984,000 after purchasing an additional 19,965 shares in the last quarter. Blue Trust Inc. increased its holdings in AGNC Investment by 315.9% in the 3rd quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 2,966 shares in the last quarter. Signaturefd LLC increased its holdings in AGNC Investment by 38.4% in the 3rd quarter. Signaturefd LLC now owns 11,562 shares of the real estate investment trust’s stock worth $121,000 after purchasing an additional 3,207 shares in the last quarter. Private Advisor Group LLC increased its holdings in AGNC Investment by 14.0% in the 3rd quarter. Private Advisor Group LLC now owns 183,835 shares of the real estate investment trust’s stock worth $1,923,000 after purchasing an additional 22,591 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its holdings in AGNC Investment by 57.8% in the 3rd quarter. Arkadios Wealth Advisors now owns 44,839 shares of the real estate investment trust’s stock worth $469,000 after purchasing an additional 16,426 shares in the last quarter. Institutional investors and hedge funds 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).