American Capital Agency Corp. (NASDAQ:AGNC) saw a large decrease in short interest in September. As of September 29th, there was short interest totalling 17,288,536 shares, a decrease of 12.6% from the September 15th total of 19,777,137 shares. Currently, 4.4% of the company’s stock are sold short. Based on an average trading volume of 5,365,325 shares, the days-to-cover ratio is currently 3.2 days.

Shares of American Capital Agency Corp. (AGNC) opened at 21.56 on Friday. The company has a market cap of $7.67 billion, a P/E ratio of 4.51 and a beta of 0.20. American Capital Agency Corp. has a 52 week low of $17.30 and a 52 week high of $22.34. The company’s 50-day moving average price is $21.48 and its 200 day moving average price is $21.07.

American Capital Agency Corp. (NASDAQ:AGNC) last issued its quarterly earnings data on Wednesday, July 26th. The real estate investment trust reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.07. American Capital Agency Corp. had a return on equity of 12.08% and a net margin of 161.49%. The company had revenue of $181.00 million during the quarter, compared to analysts’ expectations of $203.44 million. During the same quarter in the previous year, the company posted $0.73 earnings per share. The business’s revenue was down 16.6% on a year-over-year basis. On average, equities analysts forecast that American Capital Agency Corp. will post $2.53 EPS for the current fiscal year.

The business also recently declared a oct 17 dividend, which will be paid on Thursday, November 9th. Investors of record on Tuesday, October 31st will be paid a $0.18 dividend. The ex-dividend date of this dividend is Monday, October 30th. American Capital Agency Corp.’s dividend payout ratio (DPR) is currently 44.63%.

Hedge funds have recently modified their holdings of the stock. Wells Fargo & Company MN boosted its stake in shares of American Capital Agency Corp. by 17.6% in the second quarter. Wells Fargo & Company MN now owns 6,611,039 shares of the real estate investment trust’s stock valued at $140,749,000 after buying an additional 987,395 shares during the period. Martingale Asset Management L P boosted its stake in shares of American Capital Agency Corp. by 372.2% in the second quarter. Martingale Asset Management L P now owns 1,042,044 shares of the real estate investment trust’s stock valued at $22,186,000 after buying an additional 821,363 shares during the period. Janus Capital Management LLC boosted its stake in shares of American Capital Agency Corp. by 4.1% in the first quarter. Janus Capital Management LLC now owns 1,494,078 shares of the real estate investment trust’s stock valued at $29,717,000 after buying an additional 59,000 shares during the period. BlackRock Inc. boosted its stake in shares of American Capital Agency Corp. by 5,634.5% in the first quarter. BlackRock Inc. now owns 30,839,279 shares of the real estate investment trust’s stock valued at $613,395,000 after buying an additional 30,301,498 shares during the period. Finally, Skandinaviska Enskilda Banken AB publ bought a new stake in shares of American Capital Agency Corp. in the first quarter valued at approximately $344,000. Institutional investors and hedge funds own 56.10% of the company’s stock.

AGNC has been the subject of several recent analyst reports. Zacks Investment Research downgraded American Capital Agency Corp. from a “buy” rating to a “hold” rating in a research note on Friday, July 7th. BidaskClub downgraded American Capital Agency Corp. from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 30th. Maxim Group reiterated a “buy” rating and set a $21.25 price target on shares of American Capital Agency Corp. in a research note on Thursday, July 27th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $19.00 price target on shares of American Capital Agency Corp. in a research note on Tuesday, July 4th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $19.61.

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American Capital Agency Corp. Company Profile

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).

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