AGNC Investment (NASDAQ:AGNC) Downgraded to Sell at StockNews.com

AGNC Investment (NASDAQ:AGNC - Get Free Report) was downgraded by stock analysts at StockNews.com from a "hold" rating to a "sell" rating in a report issued on Saturday.

Other equities analysts have also recently issued research reports about the stock. Royal Bank of Canada upped their price target 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. Wells Fargo & Company raised shares of AGNC Investment from an "equal weight" rating to an "overweight" rating and raised their price target for the company from $10.00 to $12.00 in a research report on Friday, September 20th. JPMorgan Chase & Co. upped their price objective on AGNC Investment from $9.50 to $10.00 and gave the company an "overweight" rating in a research report on Tuesday, July 16th. JMP Securities reaffirmed a "market perform" rating on shares of AGNC Investment in a report on Wednesday, August 28th. Finally, Maxim Group downgraded AGNC Investment from a "buy" rating to a "hold" rating in a report on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, AGNC Investment currently has an average rating of "Moderate Buy" and a consensus target price of $10.33.

AGNC Investment Trading Up 1.3 %

NASDAQ AGNC opened at $10.60 on Friday. The stock's 50 day moving average is $10.30 and its 200 day moving average is $9.92. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $7.71 billion, a PE ratio of 11.65 and a beta of 1.47. AGNC Investment has a twelve month low of $6.81 and a twelve month high of $10.85.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its quarterly earnings results on Monday, July 22nd. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.01). The business had revenue of $695.00 million during the quarter, compared to the consensus estimate of $643.29 million. AGNC Investment had a return on equity of 26.21% and a net margin of 16.15%. The firm's revenue was up 52.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.67 earnings per share. Research analysts forecast that AGNC Investment will post 2.11 earnings per share for the current fiscal year.

Insider Buying and Selling

In other AGNC Investment news, CFO Bernice Bell sold 5,000 shares of the company's stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $10.07, for a total transaction of $50,350.00. Following the completion of the sale, the chief financial officer now directly owns 298,182 shares of the company's stock, valued at approximately $3,002,692.74. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.52% of the stock is currently owned by insiders.

Institutional Trading of AGNC Investment

Several hedge funds have recently bought and sold shares of AGNC. Riverview Trust Co bought a new position in shares of AGNC Investment in the third quarter worth about $25,000. Ashton Thomas Private Wealth LLC purchased a new stake in AGNC Investment in the 2nd quarter worth approximately $31,000. Northwestern Mutual Wealth Management Co. raised its stake in AGNC Investment by 52.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust's stock worth $35,000 after acquiring an additional 1,255 shares during the period. Blue Trust Inc. raised its stake in AGNC Investment by 315.9% during the 3rd quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust's stock worth $37,000 after acquiring an additional 2,966 shares during the period. Finally, LRI Investments LLC purchased a new position in AGNC Investment during the first quarter valued at approximately $38,000. Institutional investors own 38.28% of the company's stock.

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).