AGNC Investment’s (AGNC) “Market Perform” Rating Reiterated at Keefe, Bruyette & Woods

AGNC Investment (NASDAQ:AGNC)‘s stock had its “market perform” rating reaffirmed by equities research analysts at Keefe, Bruyette & Woods in a research note issued on Thursday,Benzinga reports. They presently have a $12.00 price objective on the real estate investment trust’s stock, up from their prior price objective of $11.00. Keefe, Bruyette & Woods’ price target suggests a potential downside of 0.17% from the company’s previous close.

Several other equities research analysts also recently issued reports on AGNC. Barclays increased their price target on AGNC Investment from $9.00 to $10.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 6th. JPMorgan Chase & Co. increased their target price on AGNC Investment from $9.50 to $10.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Royal Bank Of Canada lifted their price target on shares of AGNC Investment from $10.00 to $11.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of AGNC Investment in a report on Monday, December 29th. Finally, Jones Trading lowered shares of AGNC Investment from a “buy” rating to a “hold” rating in a report on Thursday, January 22nd. Four equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, AGNC Investment presently has a consensus rating of “Hold” and a consensus price target of $10.53.

AGNC Investment Trading Down 1.2%

AGNC opened at $12.02 on Thursday. The firm’s fifty day moving average is $10.92 and its two-hundred day moving average is $10.24. The firm has a market cap of $12.89 billion, a PE ratio of 8.59 and a beta of 1.36. AGNC Investment has a twelve month low of $7.85 and a twelve month high of $12.19. 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 released its quarterly earnings data on Monday, January 26th. The real estate investment trust reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.02). The firm had revenue of $995.00 million during the quarter, compared to the consensus estimate of $354.75 million. AGNC Investment had a net margin of 47.40% and a return on equity of 19.13%. Equities research analysts anticipate that AGNC Investment will post 1.61 EPS for the current year.

Institutional Investors Weigh In On AGNC Investment

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Choreo LLC boosted its stake in shares of AGNC Investment by 5.0% during the 3rd quarter. Choreo LLC now owns 20,784 shares of the real estate investment trust’s stock worth $206,000 after buying an additional 985 shares during the last quarter. Sound Income Strategies LLC raised its holdings in AGNC Investment by 61.1% during the fourth quarter. Sound Income Strategies LLC now owns 2,762 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 1,048 shares in the last quarter. Brighton Jones LLC boosted its position in AGNC Investment by 7.2% during the second quarter. Brighton Jones LLC now owns 15,800 shares of the real estate investment trust’s stock valued at $145,000 after purchasing an additional 1,064 shares during the last quarter. Pathstone Holdings LLC grew its stake in AGNC Investment by 0.5% in the third quarter. Pathstone Holdings LLC now owns 218,805 shares of the real estate investment trust’s stock valued at $2,165,000 after purchasing an additional 1,065 shares in the last quarter. Finally, Compass Financial Group INC SD increased its position in shares of AGNC Investment by 5.3% during the 3rd quarter. Compass Financial Group INC SD now owns 21,521 shares of the real estate investment trust’s stock worth $211,000 after purchasing an additional 1,084 shares during the last quarter. 38.28% of the stock is currently 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.