AGNC Investment (NASDAQ:AGNC) Price Target Cut to $10.25 by Analysts at Keefe, Bruyette & Woods

AGNC Investment (NASDAQ:AGNC - Get Free Report) had its price objective cut by equities researchers at Keefe, Bruyette & Woods from $10.75 to $10.25 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has an "outperform" rating on the real estate investment trust's stock. Keefe, Bruyette & Woods' price objective indicates a potential upside of 1.69% from the stock's previous close.

AGNC has been the topic of a number of other reports. StockNews.com downgraded 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 report on Thursday, January 23rd. Finally, JPMorgan Chase & Co. reduced their price target on shares of AGNC Investment from $10.00 to $9.50 and set an "overweight" rating on the stock in a report on Monday, December 9th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $10.50.

AGNC Investment Stock Performance

NASDAQ AGNC traded up $0.25 on Wednesday, reaching $10.08. The stock had a trading volume of 32,122,507 shares, compared to its average volume of 19,409,074. 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 has a market cap of $8.93 billion, a P/E ratio of 7.00 and a beta of 1.47. The business's 50-day moving average price is $9.52 and its 200 day moving average price is $9.89. AGNC Investment has a 12-month low of $8.92 and a 12-month high of $10.85.

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

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in AGNC. Vaughan Nelson Investment Management L.P. increased its holdings in shares of 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 worth $151,113,000 after buying an additional 9,639,675 shares during the last quarter. Natixis Advisors LLC increased its stake in AGNC Investment by 314.8% during the third quarter. Natixis Advisors LLC now owns 3,842,814 shares of the real estate investment trust's stock worth $40,196,000 after acquiring an additional 2,916,345 shares during the last quarter. ORG Wealth Partners LLC acquired a new stake in AGNC Investment during the third quarter worth about $17,463,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of AGNC Investment by 115.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,912,694 shares of the real estate investment trust's stock worth $20,007,000 after purchasing an additional 1,023,275 shares during the period. Finally, International Assets Investment Management LLC lifted its stake in shares of AGNC Investment by 945.2% in the 3rd quarter. International Assets Investment Management LLC now owns 1,072,039 shares of the real estate investment trust's stock valued at $102,489,000 after purchasing an additional 969,475 shares in the last quarter. Hedge funds and other 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).