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

Shares of AGNC Investment Corp. (NASDAQ:AGNC) have been assigned a consensus rating of “Moderate Buy” from the seven brokerages that are currently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among brokers that have covered the stock in the last year is $9.79.

A number of research firms recently weighed in on AGNC. Royal Bank of Canada lowered their price target on shares of AGNC Investment from $11.00 to $10.00 and set an “outperform” rating on the stock in a research report on Thursday, January 25th. Barclays boosted their price target on shares of AGNC Investment from $8.00 to $9.00 and gave the stock an “equal weight” rating in a research report on Monday, January 22nd. Compass Point began coverage on shares of AGNC Investment in a research report on Tuesday, February 20th. They set a “buy” rating and a $10.25 price target on the stock. StockNews.com upgraded shares of AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, March 12th. Finally, Keefe, Bruyette & Woods lowered their price target on shares of AGNC Investment from $10.00 to $9.50 and set an “outperform” rating on the stock in a research report on Wednesday.

AGNC Investment Stock Up 1.0 %

AGNC stock opened at $9.33 on Friday. The stock has a market capitalization of $6.48 billion, a P/E ratio of 10.25 and a beta of 1.45. The firm has a 50-day simple moving average of $9.55 and a 200-day simple moving average of $9.26. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.01. AGNC Investment has a 52 week low of $6.81 and a 52 week high of $10.64.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. The firm had revenue of $642.00 million for the quarter, compared to analyst estimates of $568.38 million. AGNC Investment had a net margin of 32.12% and a return on equity of 27.92%. During the same period in the previous year, the business posted $0.70 earnings per share. Equities analysts forecast that AGNC Investment will post 2.18 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The company also recently announced a apr 24 dividend, which will be paid on Thursday, May 9th. Shareholders of record on Tuesday, April 30th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Monday, April 29th. This represents a yield of 15.4%. AGNC Investment’s payout ratio is 158.24%.

Insider Buying and Selling at AGNC Investment

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of the business’s stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $9.35, for a total value of $46,750.00. Following the transaction, the director now directly owns 75,545 shares in the company, valued at approximately $706,345.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.52% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On AGNC Investment

A number of institutional investors and hedge funds have recently made changes to their positions in AGNC. SG Americas Securities LLC raised its stake in shares of AGNC Investment by 136.4% in the 3rd quarter. SG Americas Securities LLC now owns 27,950 shares of the real estate investment trust’s stock valued at $264,000 after acquiring an additional 16,125 shares during the period. KG&L Capital Management LLC raised its stake in shares of AGNC Investment by 67.1% in the 3rd quarter. KG&L Capital Management LLC now owns 65,970 shares of the real estate investment trust’s stock valued at $623,000 after acquiring an additional 26,485 shares during the period. All Season Financial Advisors Inc. raised its stake in shares of AGNC Investment by 5.7% in the 3rd quarter. All Season Financial Advisors Inc. now owns 59,862 shares of the real estate investment trust’s stock valued at $565,000 after acquiring an additional 3,251 shares during the period. Xponance Inc. raised its stake in shares of AGNC Investment by 71.9% in the 3rd quarter. Xponance Inc. now owns 34,191 shares of the real estate investment trust’s stock valued at $323,000 after acquiring an additional 14,304 shares during the period. Finally, Raymond James & Associates raised its stake in shares of AGNC Investment by 1.1% in the 3rd quarter. Raymond James & Associates now owns 1,078,421 shares of the real estate investment trust’s stock valued at $10,180,000 after acquiring an additional 11,459 shares during the period. 38.28% of the stock is owned by hedge funds and other institutional investors.

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).