Brokerages Set AGNC Investment Corp. (NASDAQ:AGNC) PT at $10.33

Shares of AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the eleven analysts that are presently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $10.33.

AGNC has been the subject of a number of research analyst reports. Compass Point lifted their price objective on shares of AGNC Investment from $10.25 to $11.00 and gave the stock a "buy" rating in a report on Wednesday, July 24th. Wells Fargo & Company upgraded AGNC Investment from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $10.00 to $12.00 in a research report on Friday, September 20th. JMP Securities reissued a "market perform" rating on shares of AGNC Investment in a report on Wednesday, August 28th. Maxim Group lowered AGNC Investment from a "buy" rating to a "hold" rating in a research note on Wednesday, July 24th. Finally, StockNews.com downgraded shares of AGNC Investment from a "hold" rating to a "sell" rating in a research note on Saturday, October 19th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Janney Montgomery Scott LLC increased its position in shares of AGNC Investment by 13.5% during the first quarter. Janney Montgomery Scott LLC now owns 154,175 shares of the real estate investment trust's stock valued at $1,526,000 after buying an additional 18,289 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in shares of AGNC Investment by 89.5% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 92,597 shares of the real estate investment trust's stock valued at $917,000 after purchasing an additional 43,733 shares in the last quarter. Swiss National Bank grew its stake in AGNC Investment by 11.0% in the first quarter. Swiss National Bank now owns 1,325,200 shares of the real estate investment trust's stock worth $13,119,000 after purchasing an additional 130,800 shares during the period. Atomi Financial Group Inc. raised its holdings in AGNC Investment by 17.0% in the first quarter. Atomi Financial Group Inc. now owns 25,257 shares of the real estate investment trust's stock worth $250,000 after purchasing an additional 3,663 shares in the last quarter. Finally, US Bancorp DE lifted its position in AGNC Investment by 26.3% during the first quarter. US Bancorp DE now owns 62,676 shares of the real estate investment trust's stock valued at $620,000 after buying an additional 13,041 shares during the period. Institutional investors own 38.28% of the company's stock.

AGNC Investment Price Performance

Shares of AGNC traded up $0.05 during mid-day trading on Wednesday, reaching $9.52. 16,782,076 shares of the stock traded hands, compared to its average volume of 14,093,575. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. AGNC Investment has a 1 year low of $8.57 and a 1 year high of $10.85. The company has a market cap of $8.43 billion, a price-to-earnings ratio of 6.61 and a beta of 1.47. The firm has a fifty day moving average price of $10.12 and a 200 day moving average price of $9.95.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing analysts' consensus estimates of $0.47 by ($0.04). The business had revenue of $756.00 million during the quarter, compared to the consensus estimate of $219.50 million. AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. During the same quarter in the prior year, the company earned $0.65 earnings per share. As a group, equities research analysts predict that AGNC Investment will post 1.94 earnings per share for the current year.

AGNC Investment Dividend Announcement

The company also recently disclosed a nov 24 dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Friday, November 29th will be given a $0.12 dividend. This represents a dividend yield of 14.9%. The ex-dividend date of this dividend is Friday, November 29th. AGNC Investment's payout ratio is 100.00%.

About AGNC Investment

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).