AGNC Investment Corp. (NASDAQ:AGNC) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of AGNC Investment Corp. (NASDAQ:AGNC) have received an average rating of “Moderate Buy” from the twelve brokerages that are covering the firm, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $10.3438.

A number of research firms have commented on AGNC. Piper Sandler upped their price target on AGNC Investment from $10.50 to $11.00 and gave the stock an “overweight” rating in a research note on Monday, December 22nd. Jones Trading restated a “buy” rating and set a $10.00 price target on shares of AGNC Investment in a research report on Tuesday, October 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of AGNC Investment in a report on Monday, December 29th. Wall Street Zen lowered AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday, December 27th. Finally, Keefe, Bruyette & Woods raised their target price on AGNC Investment from $10.50 to $11.00 and gave the company an “outperform” rating in a report on Thursday, December 18th.

AGNC Investment Stock Up 2.0%

Shares of AGNC opened at $11.41 on Monday. The company’s 50-day moving average price is $10.52 and its 200 day moving average price is $10.03. AGNC Investment has a 12-month low of $7.85 and a 12-month high of $11.64. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.01. The firm has a market cap of $12.24 billion, a P/E ratio of 17.03 and a beta of 1.36.

AGNC Investment (NASDAQ:AGNC) last posted its earnings results on Monday, October 20th. The real estate investment trust reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.03). AGNC Investment had a net margin of 24.40% and a return on equity of 18.84%. The company had revenue of $836.00 million during the quarter, compared to analyst estimates of $466.39 million. During the same period in the previous year, the company earned $0.43 EPS. On average, sell-side analysts forecast that AGNC Investment will post 1.61 earnings per share for the current year.

AGNC Investment Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, February 10th. Stockholders of record on Friday, January 30th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 12.6%. AGNC Investment’s dividend payout ratio (DPR) is presently 214.93%.

Insider Buying and Selling at AGNC Investment

In related news, CEO Peter J. Federico sold 45,798 shares of the company’s stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of $10.27, for a total transaction of $470,345.46. Following the sale, the chief executive officer directly owned 1,557,401 shares of the company’s stock, valued at $15,994,508.27. This represents a 2.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.42% of the company’s stock.

Hedge Funds Weigh In On AGNC Investment

Several institutional investors have recently modified their holdings of the business. SG Americas Securities LLC boosted its holdings in AGNC Investment by 19,632.0% in the fourth quarter. SG Americas Securities LLC now owns 3,108,188 shares of the real estate investment trust’s stock valued at $33,320,000 after purchasing an additional 3,092,436 shares in the last quarter. Dynamic Advisor Solutions LLC grew its holdings in shares of AGNC Investment by 298.3% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 104,218 shares of the real estate investment trust’s stock worth $1,117,000 after purchasing an additional 78,053 shares during the last quarter. Armstrong Advisory Group Inc. grew its holdings in shares of AGNC Investment by 6.3% during the fourth quarter. Armstrong Advisory Group Inc. now owns 29,013 shares of the real estate investment trust’s stock worth $311,000 after purchasing an additional 1,730 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of AGNC Investment by 22.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 184,368 shares of the real estate investment trust’s stock worth $2,058,000 after purchasing an additional 33,710 shares in the last quarter. Finally, Wedmont Private Capital lifted its holdings in shares of AGNC Investment by 2.2% in the 4th quarter. Wedmont Private Capital now owns 68,214 shares of the real estate investment trust’s stock valued at $754,000 after purchasing an additional 1,463 shares during the last quarter. Institutional investors and hedge funds own 38.28% of the company’s stock.

AGNC Investment Company Profile

AGNC Investment Corp. is a self-managed real estate investment trust (REIT) that primarily acquires and manages a portfolio of residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company employs a leveraged total return strategy, borrowing against its securities to enhance income potential while using interest rate hedges to manage risk. AGNC’s investment objective is to generate attractive monthly dividends and long-term capital appreciation for its shareholders.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC focuses exclusively on U.S.