AGNC Investment’s (AGNC) Hold Rating Reiterated at Jones Trading

AGNC Investment (NASDAQ:AGNC)‘s stock had its “hold” rating reiterated by equities research analysts at Jones Trading in a research note issued to investors on Thursday,Benzinga reports.

Several other brokerages also recently weighed in on AGNC. Wall Street Zen downgraded AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, December 27th. BTIG Research lowered shares of AGNC Investment from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 6th. Keefe, Bruyette & Woods lifted their price objective on shares of AGNC Investment from $10.50 to $11.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of AGNC Investment in a report on Monday, December 29th. Finally, Royal Bank Of Canada increased their target price on AGNC Investment from $10.00 to $11.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Five investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $10.41.

AGNC Investment Stock Up 0.3%

AGNC opened at $11.70 on Thursday. The firm’s fifty day moving average is $10.74 and its 200 day moving average is $10.15. AGNC Investment has a fifty-two week low of $7.85 and a fifty-two week high of $11.93. The stock has a market cap of $12.55 billion, a price-to-earnings ratio of 17.46 and a beta of 1.36. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.31 and a current ratio of 0.31.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings results on Monday, October 20th. The real estate investment trust reported $0.35 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.03). AGNC Investment had a return on equity of 18.84% and a net margin of 24.40%.The company had revenue of $836.00 million during the quarter, compared to analysts’ expectations of $466.39 million. During the same quarter in the previous year, the firm earned $0.43 EPS. On average, sell-side analysts forecast that AGNC Investment will post 1.61 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Peter J. Federico sold 45,798 shares of the firm’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $10.27, for a total transaction of $470,345.46. Following the sale, the chief executive officer owned 1,557,401 shares of the company’s stock, valued at approximately $15,994,508.27. This trade represents a 2.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.42% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On AGNC Investment

Several hedge funds have recently modified their holdings of the stock. Prime Capital Investment Advisors LLC lifted its position in shares of AGNC Investment by 26.3% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 38,813 shares of the real estate investment trust’s stock valued at $416,000 after acquiring an additional 8,089 shares during the period. Oak Thistle LLC boosted its holdings in shares of AGNC Investment by 58.9% in the 4th quarter. Oak Thistle LLC now owns 115,765 shares of the real estate investment trust’s stock valued at $1,241,000 after purchasing an additional 42,922 shares during the last quarter. Yousif Capital Management LLC increased its stake in AGNC Investment by 7.7% during the fourth quarter. Yousif Capital Management LLC now owns 51,277 shares of the real estate investment trust’s stock worth $598,000 after acquiring an additional 3,664 shares during the last quarter. Cane Capital Partners LLC purchased a new position in AGNC Investment in the fourth quarter valued at approximately $537,000. Finally, New Wave Wealth Advisors LLC raised its stake in shares of AGNC Investment by 6.8% in the 4th quarter. New Wave Wealth Advisors LLC now owns 21,288 shares of the real estate investment trust’s stock valued at $231,000 after acquiring an additional 1,351 shares during the period. 38.28% of the stock is owned by institutional investors and hedge funds.

AGNC Investment Company Profile

AGNC Investment Corp. is a self-managed real estate investment trust (REIT) that primarily acquires and manages a portfolio of residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company employs a leveraged total return strategy, borrowing against its securities to enhance income potential while using interest rate hedges to manage risk. AGNC’s investment objective is to generate attractive monthly dividends and long-term capital appreciation for its shareholders.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC focuses exclusively on U.S.