AGNC Investment (AGNC) Rating Lowered to Sell at BidaskClub

AGNC Investment (NASDAQ:AGNC) was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating in a report issued on Thursday.

Several other analysts have also recently weighed in on the stock. Maxim Group reaffirmed a “buy” rating and issued a $21.25 target price on shares of AGNC Investment in a report on Thursday, February 1st. Zacks Investment Research raised shares of AGNC Investment from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a report on Tuesday, April 3rd. Barclays reduced their target price on shares of AGNC Investment from $21.00 to $20.00 and set an “equal weight” rating on the stock in a report on Friday, February 2nd. ValuEngine cut shares of AGNC Investment from a “buy” rating to a “hold” rating in a report on Friday, April 6th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $19.50 target price on shares of AGNC Investment in a report on Thursday, February 1st. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $19.96.

NASDAQ AGNC opened at $18.61 on Thursday. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.04. AGNC Investment has a one year low of $17.84 and a one year high of $22.34. The company has a market capitalization of $7,286.32, a PE ratio of 7.57 and a beta of -0.06.



AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings data on Wednesday, January 31st. The real estate investment trust reported $0.63 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.02. AGNC Investment had a net margin of 86.72% and a return on equity of 11.89%. The business had revenue of $212.00 million during the quarter, compared to analyst estimates of $204.32 million. During the same quarter last year, the firm posted $0.64 earnings per share. equities research analysts anticipate that AGNC Investment will post 2.41 earnings per share for the current year.

In related news, CFO Peter J. Federico sold 13,500 shares of the firm’s stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $18.54, for a total value of $250,290.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.40% of the stock is owned by company insiders.

A number of hedge funds have recently added to or reduced their stakes in AGNC. APG Asset Management N.V. raised its holdings in AGNC Investment by 25.2% during the fourth quarter. APG Asset Management N.V. now owns 15,619,403 shares of the real estate investment trust’s stock worth $262,621,000 after purchasing an additional 3,147,560 shares in the last quarter. Two Sigma Advisers LP raised its holdings in AGNC Investment by 208.2% during the fourth quarter. Two Sigma Advisers LP now owns 3,349,923 shares of the real estate investment trust’s stock worth $67,635,000 after purchasing an additional 2,262,868 shares in the last quarter. State Treasurer State of Michigan raised its holdings in AGNC Investment by 26.2% during the fourth quarter. State Treasurer State of Michigan now owns 9,605,800 shares of the real estate investment trust’s stock worth $193,941,000 after purchasing an additional 1,991,800 shares in the last quarter. Janus Henderson Group PLC raised its holdings in AGNC Investment by 33.3% during the third quarter. Janus Henderson Group PLC now owns 2,672,335 shares of the real estate investment trust’s stock worth $57,936,000 after purchasing an additional 668,185 shares in the last quarter. Finally, Asset Management One Co. Ltd. raised its holdings in AGNC Investment by 1,193.7% during the third quarter. Asset Management One Co. Ltd. now owns 666,749 shares of the real estate investment trust’s stock worth $14,449,000 after purchasing an additional 615,210 shares in the last quarter. 67.86% of the stock is currently owned by institutional investors.

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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).

Analyst Recommendations for AGNC Investment (NASDAQ:AGNC)

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