Vetr upgraded shares of American Capital Agency Corp. (NASDAQ:AGNC) from a hold rating to a buy rating in a research report released on Thursday. Vetr currently has $19.53 price objective on the real estate investment trust’s stock.

AGNC has been the subject of several other research reports. JPMorgan Chase & Co. downgraded American Capital Agency Corp. from an overweight rating to a neutral rating and set a $20.00 target price for the company. in a research note on Monday, July 18th. Keefe, Bruyette & Woods downgraded American Capital Agency Corp. from an outperform rating to a market perform rating and lowered their target price for the stock from $20.25 to $19.75 in a research note on Tuesday, July 19th. Zacks Investment Research raised American Capital Agency Corp. from a hold rating to a strong-buy rating and set a $22.00 target price for the company in a research note on Tuesday, June 28th. Nomura downgraded American Capital Agency Corp. from a buy rating to a neutral rating and set a $21.00 target price for the company. in a research note on Friday, July 8th. Finally, Citigroup Inc. boosted their target price on American Capital Agency Corp. from $18.00 to $19.00 and gave the stock a neutral rating in a research note on Wednesday, August 3rd. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of $20.64.

American Capital Agency Corp. (NASDAQ:AGNC) traded up 0.668% on Thursday, reaching $18.835. 1,576,948 shares of the company traded hands. The stock’s market capitalization is $6.24 billion. The firm has a 50 day moving average of $19.52 and a 200-day moving average of $19.19. American Capital Agency Corp. has a one year low of $15.69 and a one year high of $20.10.

American Capital Agency Corp. (NASDAQ:AGNC) last issued its earnings results on Wednesday, July 27th. The real estate investment trust reported $0.73 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.51 by $0.22. American Capital Agency Corp. had a positive return on equity of 9.64% and a negative net margin of 103.59%. During the same quarter in the prior year, the business earned $0.60 earnings per share.

The company also recently announced a sep 16 dividend, which will be paid on Friday, October 7th. Investors of record on Friday, September 30th will be issued a $0.18 dividend. This represents a dividend yield of 11.16%. The ex-dividend date is Wednesday, September 28th. American Capital Agency Corp.’s dividend payout ratio is currently -74.48%.

In related news, CFO Peter J. Federico sold 1,643 shares of the stock in a transaction on Friday, August 26th. The stock was sold at an average price of $19.76, for a total value of $32,465.68. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Gary D. Kain sold 3,931 shares of the stock in a transaction on Friday, August 26th. The stock was sold at an average price of $19.76, for a total value of $77,676.56. The disclosure for this sale can be found here. 0.21% of the stock is owned by corporate insiders.

Institutional investors have recently modified their holdings of the company. Paradigm Asset Management Co. LLC boosted its position in shares of American Capital Agency Corp. by 5.0% in the second quarter. Paradigm Asset Management Co. LLC now owns 5,850 shares of the real estate investment trust’s stock worth $116,000 after buying an additional 277 shares in the last quarter. Invictus RG purchased a new position in shares of American Capital Agency Corp. during the second quarter worth about $124,000. Daiwa SB Investments Ltd. boosted its position in shares of American Capital Agency Corp. by 8.6% in the second quarter. Daiwa SB Investments Ltd. now owns 9,490 shares of the real estate investment trust’s stock worth $185,000 after buying an additional 750 shares in the last quarter. Benjamin F. Edwards & Company Inc. boosted its position in shares of American Capital Agency Corp. by 2.0% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 10,055 shares of the real estate investment trust’s stock worth $199,000 after buying an additional 200 shares in the last quarter. Finally, Stratos Wealth Partners LTD. purchased a new position in shares of American Capital Agency Corp. during the second quarter worth about $202,000. Institutional investors own 59.79% of the company’s stock.

American Capital Agency Corp. Company Profile

American Capital Agency Corp. is a real estate investment trust (REIT). The Company primarily invests on a leveraged basis in agency mortgage-backed securities (agency MBS). The Company’s 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).

5 Day Chart for NASDAQ:AGNC

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