AGNC Investment (NASDAQ:AGNC) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday.

A number of other analysts also recently weighed in on AGNC. Wells Fargo & Company reaffirmed a “market perform” rating and issued a $19.00 target price on shares of AGNC Investment in a research report on Friday, December 1st. Zacks Investment Research downgraded shares of AGNC Investment from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 17th. Finally, Maxim Group reaffirmed a “buy” rating and issued a $21.25 target price on shares of AGNC Investment in a research report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. AGNC Investment currently has an average rating of “Hold” and an average price target of $20.38.

AGNC Investment (AGNC) traded down $0.03 during trading hours on Wednesday, hitting $20.37. 3,387,632 shares of the stock were exchanged, compared to its average volume of 4,073,919. The stock has a market cap of $7,970.70, a P/E ratio of 8.02 and a beta of 0.14. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.05. AGNC Investment has a 12-month low of $17.30 and a 12-month high of $22.34.

AGNC Investment (NASDAQ:AGNC) last released its earnings results on Wednesday, October 25th. The real estate investment trust reported $0.62 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.61 by $0.01. The firm had revenue of $178.00 million for the quarter, compared to the consensus estimate of $177.50 million. AGNC Investment had a net margin of 145.02% and a return on equity of 12.00%. During the same period in the prior year, the firm earned $0.67 EPS. analysts expect that AGNC Investment will post 2.55 EPS for the current fiscal year.

Institutional investors have recently made changes to their positions in the stock. FNY Managed Accounts LLC bought a new position in AGNC Investment in the 3rd quarter worth about $104,000. Chicago Partners Investment Group LLC boosted its stake in AGNC Investment by 227.8% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 5,900 shares of the real estate investment trust’s stock worth $128,000 after purchasing an additional 4,100 shares in the last quarter. Dana Investment Advisors Inc. bought a new position in AGNC Investment in the 3rd quarter worth about $214,000. Capstone Asset Management Co. bought a new position in AGNC Investment in the 2nd quarter worth about $219,000. Finally, Crossmark Global Holdings Inc. bought a new position in AGNC Investment in the 3rd quarter worth about $223,000. Institutional investors own 65.74% of the company’s stock.

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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).

Analyst Recommendations for AGNC Investment (NASDAQ:AGNC)

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