BidaskClub upgraded shares of AGNC Investment (NASDAQ:AGNC) from a strong sell rating to a sell rating in a research note released on Thursday, BidAskClub reports.

Other equities research analysts have also issued research reports about the stock. TheStreet lowered shares of AGNC Investment from a c rating to a d+ rating in a report on Thursday, July 25th. Maxim Group reissued a buy rating and issued a $18.00 price target on shares of AGNC Investment in a report on Friday, July 26th. JPMorgan Chase & Co. cut their price target on shares of AGNC Investment from $18.00 to $17.50 and set an overweight rating for the company in a report on Wednesday, July 24th. ValuEngine lowered shares of AGNC Investment from a hold rating to a sell rating in a report on Friday, August 16th. Finally, UBS Group initiated coverage on shares of AGNC Investment in a report on Friday, June 21st. They set a neutral rating and a $16.50 target price for the company. Three research analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. AGNC Investment currently has an average rating of Hold and an average target price of $18.17.

NASDAQ AGNC traded up $0.21 on Thursday, hitting $15.85. The company had a trading volume of 5,735,107 shares, compared to its average volume of 5,347,862. The company has a market capitalization of $8.63 billion, a PE ratio of 6.74, a PEG ratio of 2.66 and a beta of 0.27. The company’s fifty day moving average price is $16.19 and its 200-day moving average price is $17.15. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.13 and a quick ratio of 0.13. AGNC Investment has a 12-month low of $14.51 and a 12-month high of $18.98.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings results on Wednesday, July 24th. The real estate investment trust reported $0.49 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.01). The company had revenue of $123.00 million during the quarter, compared to analysts’ expectations of $289.69 million. AGNC Investment had a positive return on equity of 11.47% and a negative net margin of 62.31%. During the same period in the previous year, the firm posted $0.63 EPS. On average, sell-side analysts anticipate that AGNC Investment will post 1.97 EPS for the current year.

The firm also recently announced a sep 19 dividend, which will be paid on Wednesday, October 9th. Stockholders of record on Monday, September 30th will be issued a dividend of $0.16 per share. The ex-dividend date is Friday, September 27th. AGNC Investment’s payout ratio is 81.70%.

Several institutional investors have recently added to or reduced their stakes in AGNC. Geode Capital Management LLC grew its holdings in shares of AGNC Investment by 24.4% during the fourth quarter. Geode Capital Management LLC now owns 7,240,959 shares of the real estate investment trust’s stock worth $127,115,000 after buying an additional 1,420,224 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of AGNC Investment by 59.4% during the first quarter. Janney Montgomery Scott LLC now owns 33,124 shares of the real estate investment trust’s stock worth $596,000 after buying an additional 12,345 shares in the last quarter. Comerica Bank grew its holdings in shares of AGNC Investment by 11.6% during the first quarter. Comerica Bank now owns 52,022 shares of the real estate investment trust’s stock worth $941,000 after buying an additional 5,425 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of AGNC Investment by 212.9% during the first quarter. Victory Capital Management Inc. now owns 2,215,690 shares of the real estate investment trust’s stock worth $39,882,000 after buying an additional 1,507,509 shares in the last quarter. Finally, Nissay Asset Management Corp Japan ADV grew its holdings in shares of AGNC Investment by 8.2% during the first quarter. Nissay Asset Management Corp Japan ADV now owns 56,420 shares of the real estate investment trust’s stock worth $1,016,000 after buying an additional 4,277 shares in the last quarter. 66.48% of the stock is owned by institutional investors and hedge funds.

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).

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Analyst Recommendations for AGNC Investment (NASDAQ:AGNC)

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