AGNC Investment Corp. (NASDAQ:AGNC) Given Consensus Rating of "Moderate Buy" by Brokerages

Shares of AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the ten ratings firms that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and seven 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 $10.50.

Several brokerages have weighed in on AGNC. Wells Fargo & Company raised AGNC Investment from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $10.00 to $12.00 in a report on Friday, September 20th. Royal Bank of Canada lifted their target price on shares of AGNC Investment from $10.00 to $11.00 and gave the stock an "outperform" rating in a research note on Friday, August 16th. StockNews.com lowered shares of AGNC Investment from a "hold" rating to a "sell" rating in a research note on Saturday, October 19th. Finally, JMP Securities reiterated a "market perform" rating on shares of AGNC Investment in a research note on Wednesday, August 28th.

Institutional Trading of AGNC Investment

Several institutional investors have recently bought and sold shares of AGNC. Tidal Investments LLC acquired a new stake in AGNC Investment in the 1st quarter valued at $108,000. Cetera Investment Advisers raised its position in shares of AGNC Investment by 319.8% during the 1st quarter. Cetera Investment Advisers now owns 324,111 shares of the real estate investment trust's stock worth $3,209,000 after purchasing an additional 246,896 shares during the last quarter. Cetera Advisors LLC raised its position in shares of AGNC Investment by 31.9% during the 1st quarter. Cetera Advisors LLC now owns 76,227 shares of the real estate investment trust's stock worth $755,000 after purchasing an additional 18,424 shares during the last quarter. SG Americas Securities LLC purchased a new position in AGNC Investment in the 2nd quarter valued at about $979,000. Finally, Fermata Advisors LLC boosted its holdings in AGNC Investment by 76.1% in the 2nd quarter. Fermata Advisors LLC now owns 40,883 shares of the real estate investment trust's stock worth $390,000 after buying an additional 17,670 shares during the last quarter. 38.28% of the stock is owned by institutional investors and hedge funds.

AGNC Investment Trading Up 1.7 %

AGNC traded up $0.16 during trading on Friday, hitting $9.71. 15,315,981 shares of the stock were exchanged, compared to its average volume of 14,735,856. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. The firm has a 50 day simple moving average of $9.86 and a 200 day simple moving average of $9.96. The firm has a market cap of $8.60 billion, a price-to-earnings ratio of 6.74 and a beta of 1.47. AGNC Investment has a 1 year low of $8.87 and a 1 year high of $10.85.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its quarterly earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.04). AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. The business had revenue of $756.00 million during the quarter, compared to analysts' expectations of $219.50 million. During the same period in the previous year, the company posted $0.65 EPS. As a group, equities analysts expect that AGNC Investment will post 1.94 EPS 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. The ex-dividend date is Friday, November 29th. This represents a dividend yield of 14.9%. AGNC Investment's dividend payout ratio (DPR) is currently 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).