AGNC Investment (NASDAQ:AGNC) Stock Rating Upgraded by StockNews.com

AGNC Investment (NASDAQ:AGNC) was upgraded by StockNews.com from a “sell” rating to a “hold” rating in a research note issued on Tuesday.

AGNC has been the topic of a number of other reports. Wells Fargo & Company cut their target price on shares of AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Argus raised AGNC Investment to a “hold” rating in a research note on Tuesday, February 4th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $11.00 price objective on shares of AGNC Investment in a research note on Thursday, January 30th. Finally, Keefe, Bruyette & Woods cut their target price on AGNC Investment from $10.75 to $10.25 and set an “outperform” rating on the stock in a research note on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, AGNC Investment presently has an average rating of “Moderate Buy” and an average price target of $10.50.

AGNC Investment Trading Up 0.3 %

AGNC stock traded up $0.04 during trading on Tuesday, hitting $10.53. The company had a trading volume of 21,373,308 shares, compared to its average volume of 19,825,947. The firm has a 50-day moving average price of $9.76 and a 200-day moving average price of $9.91. AGNC Investment has a 12 month low of $8.92 and a 12 month high of $10.85. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. The stock has a market cap of $9.32 billion, a price-to-earnings ratio of 10.85 and a beta of 1.48.

AGNC Investment (NASDAQ:AGNC) last released its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. As a group, analysts predict that AGNC Investment will post 1.61 earnings per share for the current year.

Insider Activity at AGNC Investment

In other news, CFO Bernice Bell sold 13,000 shares of the company’s stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $10.04, for a total value of $130,520.00. Following the completion of the transaction, the chief financial officer now owns 372,226 shares in the company, valued at $3,737,149.04. This represents a 3.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frances Spark sold 5,000 shares of the stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total transaction of $50,500.00. Following the sale, the director now directly owns 75,919 shares of the company’s stock, valued at $766,781.90. This represents a 6.18 % decrease in their position. The disclosure for this sale can be found here. 0.43% of the stock is owned by insiders.

Institutional Trading of AGNC Investment

Institutional investors have recently modified their holdings of the company. Creative Planning lifted its stake in AGNC Investment by 11.7% in the 3rd quarter. Creative Planning now owns 189,905 shares of the real estate investment trust’s stock valued at $1,984,000 after acquiring an additional 19,965 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of AGNC Investment by 315.9% in the third quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 2,966 shares during the last quarter. Signaturefd LLC lifted its position in shares of AGNC Investment by 38.4% in the third quarter. Signaturefd LLC now owns 11,562 shares of the real estate investment trust’s stock worth $121,000 after purchasing an additional 3,207 shares in the last quarter. Private Advisor Group LLC boosted its holdings in AGNC Investment by 14.0% during the third quarter. Private Advisor Group LLC now owns 183,835 shares of the real estate investment trust’s stock worth $1,923,000 after purchasing an additional 22,591 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its position in AGNC Investment by 57.8% in the third quarter. Arkadios Wealth Advisors now owns 44,839 shares of the real estate investment trust’s stock valued at $469,000 after purchasing an additional 16,426 shares in the last quarter. 38.28% of the stock is currently owned by institutional investors.

AGNC Investment 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).