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

AGNC Investment (NASDAQ:AGNC) was upgraded by research analysts at StockNews.com from a “sell” rating to a “hold” rating in a research report issued on Tuesday.

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

AGNC Investment Trading Down 0.1 %

NASDAQ AGNC opened at $10.51 on Tuesday. The stock has a market cap of $9.30 billion, a P/E ratio of 10.83 and a beta of 1.48. AGNC Investment has a fifty-two week low of $8.92 and a fifty-two week high of $10.85. The stock has a 50 day simple moving average of $9.78 and a two-hundred day simple moving average of $9.92. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23.

AGNC Investment (NASDAQ:AGNC) last announced its 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 return on equity of 21.92% and a net margin of 29.26%. On average, analysts forecast that AGNC Investment will post 1.61 earnings per share for the current year.

Insider Buying and Selling at AGNC Investment

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total value of $50,500.00. Following the completion of the sale, the director now 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Bernice Bell sold 13,000 shares of the stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $10.04, for a total value of $130,520.00. Following the transaction, the chief financial officer now directly owns 372,226 shares in the company, valued at $3,737,149.04. The trade was a 3.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.43% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of AGNC. Fourth Dimension Wealth LLC bought a new position in shares of AGNC Investment in the 4th quarter worth approximately $26,000. Financial Life Planners purchased a new stake in AGNC Investment during the fourth quarter valued at approximately $28,000. Point72 Asset Management L.P. bought a new position in AGNC Investment in the third quarter worth approximately $32,000. National Bank of Canada FI boosted its stake in shares of AGNC Investment by 112.7% during the 4th quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 1,832 shares during the last quarter. Finally, Blue Trust Inc. grew its position in shares of AGNC Investment by 315.9% during the 3rd quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 2,966 shares during the period. 38.28% of the stock is owned by hedge funds and other institutional investors.

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).