Jonestrading Lowers AGNC Investment (NASDAQ:AGNC) Price Target to $10.25

AGNC Investment (NASDAQ:AGNC) had its target price decreased by Jonestrading from $10.75 to $10.25 in a report issued on Tuesday, Benzinga reports. The firm currently has a “buy” rating on the real estate investment trust’s stock. Jonestrading’s target price would indicate a potential upside of 9.51% from the stock’s current price.

Other research analysts have also recently issued research reports about the stock. Royal Bank of Canada decreased their price target on shares of AGNC Investment from $11.00 to $10.00 and set an “outperform” rating for the company in a report on Thursday, January 25th. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a research note on Thursday, April 18th. StockNews.com upgraded shares of AGNC Investment from a “sell” rating to a “hold” rating in a report on Tuesday, March 12th. Barclays upped their target price on shares of AGNC Investment from $8.00 to $9.00 and gave the company an “equal weight” rating in a report on Monday, January 22nd. Finally, Compass Point assumed coverage on shares of AGNC Investment in a research report on Tuesday, February 20th. They issued a “buy” rating and a $10.25 price target for the company. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $9.79.

AGNC Investment Trading Down 0.1 %

Shares of AGNC stock opened at $9.36 on Tuesday. AGNC Investment has a 1 year low of $6.81 and a 1 year high of $10.64. The firm has a fifty day moving average price of $9.55 and a 200-day moving average price of $9.26. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.26 and a quick ratio of 0.26. The company has a market cap of $6.51 billion, a price-to-earnings ratio of 10.29 and a beta of 1.45.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings data on Tuesday, April 23rd. The real estate investment trust reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. The company had revenue of $642.00 million for the quarter, compared to analyst estimates of $568.38 million. AGNC Investment had a net margin of 32.12% and a return on equity of 27.92%. During the same period in the prior year, the company posted $0.70 EPS. As a group, equities analysts predict that AGNC Investment will post 2.16 earnings per share for the current year.

Insider Transactions at AGNC Investment

In other AGNC Investment news, CFO Bernice Bell sold 10,000 shares of the company’s stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $9.85, for a total value of $98,500.00. Following the completion of the sale, the chief financial officer now directly owns 287,282 shares of the company’s stock, valued at approximately $2,829,727.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.43% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of AGNC. MeadowBrook Investment Advisors LLC acquired a new stake in shares of AGNC Investment during the 4th quarter valued at about $30,000. Bruce G. Allen Investments LLC bought a new stake in shares of AGNC Investment during the fourth quarter worth approximately $37,000. Verity & Verity LLC bought a new stake in shares of AGNC Investment during the first quarter worth approximately $45,000. CENTRAL TRUST Co bought a new stake in shares of AGNC Investment during the fourth quarter worth approximately $46,000. Finally, Allworth Financial LP grew its holdings in AGNC Investment by 76.5% during the fourth quarter. Allworth Financial LP now owns 4,836 shares of the real estate investment trust’s stock valued at $47,000 after purchasing an additional 2,096 shares during the period. Institutional investors own 38.28% of the company’s stock.

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).