Shares of American Capital Agency Corp. (NASDAQ:AGNC) have earned an average recommendation of “Hold” from the sixteen research firms that are currently covering the company. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $20.53.

A number of research analysts recently weighed in on the company. Nomura downgraded American Capital Agency Corp. to a “hold” rating in a research note on Saturday, July 9th. Zacks Investment Research downgraded American Capital Agency Corp. from a “hold” rating to a “sell” rating in a research note on Thursday. Keefe, Bruyette & Woods downgraded American Capital Agency Corp. from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from $20.25 to $19.75 in a research note on Tuesday, July 19th. Citigroup Inc. upped their price target 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. Finally, JPMorgan Chase & Co. reissued a “neutral” rating on shares of American Capital Agency Corp. in a report on Thursday, August 4th.

In other news, CFO Peter J. Federico sold 1,643 shares of the stock in a transaction that occurred on Friday, August 26th. The shares were sold at an average price of $19.76, for a total transaction of $32,465.68. The transaction was disclosed in a 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 that occurred on Friday, August 26th. The shares were sold at an average price of $19.76, for a total transaction of $77,676.56. The disclosure for this sale can be found here. 0.21% of the stock is currently owned by company insiders.

Several institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC increased its position in American Capital Agency Corp. by 8.2% in the first quarter. Geode Capital Management LLC now owns 2,608,523 shares of the real estate investment trust’s stock worth $48,574,000 after buying an additional 198,047 shares in the last quarter. Artemis Investment Management LLP acquired a new position in American Capital Agency Corp. during the second quarter worth about $45,849,000. Prudential Financial Inc. increased its position in American Capital Agency Corp. by 66.1% in the second quarter. Prudential Financial Inc. now owns 616,853 shares of the real estate investment trust’s stock worth $12,226,000 after buying an additional 245,487 shares in the last quarter. State Street Corp increased its position in American Capital Agency Corp. by 7.0% in the first quarter. State Street Corp now owns 10,118,480 shares of the real estate investment trust’s stock worth $188,510,000 after buying an additional 658,029 shares in the last quarter. Finally, BlackRock Inc. increased its position in American Capital Agency Corp. by 3.2% in the first quarter. BlackRock Inc. now owns 424,511 shares of the real estate investment trust’s stock worth $7,908,000 after buying an additional 13,259 shares in the last quarter. Hedge funds and other institutional investors own 59.78% of the company’s stock.

Shares of American Capital Agency Corp. (NASDAQ:AGNC) opened at 19.47 on Tuesday. American Capital Agency Corp. has a 52-week low of $15.69 and a 52-week high of $20.10. The firm’s market capitalization is $6.45 billion. The stock has a 50 day moving average price of $19.41 and a 200-day moving average price of $19.20.

American Capital Agency Corp. (NASDAQ:AGNC) last posted its quarterly earnings results on Wednesday, July 27th. The real estate investment trust reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates 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 company posted $0.60 EPS.

The business also recently announced a oct 16 dividend, which will be paid on Tuesday, November 8th. Shareholders of record on Monday, October 31st will be paid a $0.18 dividend. The ex-dividend date is Thursday, October 27th. American Capital Agency Corp.’s dividend payout ratio is currently -74.48%.

About American Capital Agency Corp.

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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