AGNC Investment Corp. (NASDAQ:AGNC) Receives Average Recommendation of “Moderate Buy” from Analysts

AGNC Investment Corp. (NASDAQ:AGNC) has earned a consensus recommendation of “Moderate Buy” from the nine research firms that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $10.64.

A number of brokerages have recently issued reports on AGNC. JPMorgan Chase & Co. decreased their target price on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a research report on Monday, December 9th. StockNews.com downgraded shares of AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. Finally, JMP Securities restated a “market perform” rating on shares of AGNC Investment in a research report on Thursday.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Riverview Trust Co acquired a new position in shares of AGNC Investment during the 3rd quarter worth $25,000. Financial Life Planners bought a new position in AGNC Investment during the fourth quarter worth $28,000. Point72 Asset Management L.P. acquired a new stake in shares of AGNC Investment in the 3rd quarter worth about $32,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of AGNC Investment by 52.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 1,255 shares in the last quarter. Finally, Blue Trust Inc. increased its stake in shares of AGNC Investment by 315.9% during the third quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 2,966 shares during the period. Institutional investors and hedge funds own 38.28% of the company’s stock.

AGNC Investment Trading Up 0.4 %

Shares of AGNC Investment stock opened at $9.68 on Monday. The company has a market cap of $8.57 billion, a P/E ratio of 6.72 and a beta of 1.47. The firm has a 50-day simple moving average of $9.50 and a two-hundred day simple moving average of $9.90. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. AGNC Investment has a fifty-two week low of $8.92 and a fifty-two week high of $10.85.

AGNC Investment Dividend Announcement

The firm also recently announced a jan 25 dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be paid a dividend of $0.12 per share. This represents a yield of 15.5%. The ex-dividend date is Friday, January 31st. AGNC Investment’s payout ratio is 100.00%.

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).