AGNC Investment (NASDAQ:AGNC) Given New $10.25 Price Target at Keefe, Bruyette & Woods

AGNC Investment (NASDAQ:AGNC - Get Free Report) had its price target lowered by Keefe, Bruyette & Woods from $10.75 to $10.25 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has an "outperform" rating on the real estate investment trust's stock. Keefe, Bruyette & Woods' price objective would indicate a potential upside of 2.81% from the stock's previous close.

A number of other equities research analysts have also issued reports on AGNC. StockNews.com lowered shares of AGNC Investment from a "hold" rating to a "sell" rating in a research note on Saturday, October 19th. JMP Securities restated a "market perform" rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Finally, 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 report on Monday, December 9th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, AGNC Investment currently has a consensus rating of "Moderate Buy" and an average target price of $10.50.

AGNC Investment Stock Down 1.1 %

NASDAQ:AGNC traded down $0.11 during trading hours on Wednesday, hitting $9.97. 29,655,330 shares of the stock traded hands, compared to its average volume of 16,832,700. The firm has a market cap of $8.83 billion, a price-to-earnings ratio of 10.28 and a beta of 1.47. The firm has a 50 day moving average price of $9.53 and a 200 day moving average price of $9.89. 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 fifty-two week low of $8.92 and a fifty-two week high of $10.85.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.05). AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. Equities research analysts anticipate that AGNC Investment will post 1.63 earnings per share for the current year.

Institutional Investors Weigh In On AGNC Investment

Several hedge funds have recently made changes to their positions in AGNC. Riverview Trust Co acquired a new stake in AGNC Investment during the third quarter valued at approximately $25,000. Financial Life Planners bought a new stake in AGNC Investment in the fourth quarter valued at $28,000. Point72 Asset Management L.P. acquired a new position in AGNC Investment during the third quarter worth $32,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of AGNC Investment by 52.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust's stock valued at $35,000 after acquiring an additional 1,255 shares during the period. Finally, Blue Trust Inc. boosted its stake in shares of 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 valued at $37,000 after purchasing an additional 2,966 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).