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

Shares of AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the nine brokerages that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $10.50.

Several research analysts have weighed in on AGNC shares. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $11.00 target price on shares of AGNC Investment in a research report on Thursday. Wells Fargo & Company dropped their target price on AGNC Investment from $12.00 to $11.00 and set an "overweight" rating on the stock in a research report on Thursday. JPMorgan Chase & Co. dropped their target price on AGNC Investment from $10.00 to $9.50 and set an "overweight" rating on the stock in a research report on Monday, December 9th. Keefe, Bruyette & Woods dropped their target price on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a research report on Wednesday. Finally, JMP Securities reaffirmed a "market perform" rating on shares of AGNC Investment in a research report on Thursday, January 23rd.

AGNC Investment Stock Up 2.5 %

NASDAQ:AGNC traded up $0.25 during trading hours on Monday, hitting $10.08. 32,122,507 shares of the company's stock traded hands, compared to its average volume of 19,409,074. The firm has a market cap of $8.93 billion, a P/E ratio of 7.00 and a beta of 1.47. AGNC Investment has a twelve month low of $8.92 and a twelve month high of $10.85. 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 stock's fifty day moving average price is $9.52 and its two-hundred day moving average price is $9.89.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. On average, research analysts expect that AGNC Investment will post 1.95 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The firm also recently announced a jan 25 dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a yield of 15.5%. AGNC Investment's payout ratio is 148.45%.

Institutional Trading of AGNC Investment

Several hedge funds have recently added to or reduced their stakes in the business. Vaughan Nelson Investment Management L.P. boosted its stake in AGNC Investment by 200.5% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 14,446,725 shares of the real estate investment trust's stock valued at $151,113,000 after purchasing an additional 9,639,675 shares during the period. Geode Capital Management LLC raised its holdings in AGNC Investment by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 12,303,616 shares of the real estate investment trust's stock valued at $128,730,000 after acquiring an additional 242,640 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in AGNC Investment by 5.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 8,662,954 shares of the real estate investment trust's stock valued at $80,392,000 after acquiring an additional 424,990 shares in the last quarter. Equity Investment Corp raised its holdings in AGNC Investment by 2.1% in the 3rd quarter. Equity Investment Corp now owns 7,274,167 shares of the real estate investment trust's stock valued at $76,088,000 after acquiring an additional 149,775 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in AGNC Investment by 2.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,768,305 shares of the real estate investment trust's stock valued at $70,796,000 after acquiring an additional 162,152 shares in the last quarter. Institutional investors 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).