AGNC Investment (NASDAQ:AGNC) Given New $10.25 Price Target at Keefe, Bruyette & Woods

AGNC Investment (NASDAQ:AGNC) had its price target cut by stock analysts at Keefe, Bruyette & Woods from $10.75 to $10.25 in a note issued to investors on Wednesday,Benzinga reports. The firm currently has an “outperform” rating on the real estate investment trust’s stock. Keefe, Bruyette & Woods’ target price points to a potential upside of 3.27% from the company’s previous close.

Several other analysts also recently issued reports on AGNC. StockNews.com downgraded AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. JPMorgan Chase & Co. reduced their price target on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a research report on Monday, December 9th. Finally, JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, AGNC Investment has an average rating of “Moderate Buy” and an average target price of $10.64.

AGNC Investment Stock Up 0.6 %

NASDAQ AGNC traded up $0.06 on Wednesday, hitting $9.93. 4,629,383 shares of the stock traded hands, compared to its average volume of 18,034,891. The stock has a 50-day moving average of $9.51 and a 200 day moving average of $9.89. AGNC Investment has a twelve month low of $8.92 and a twelve month high of $10.85. The company has a market capitalization of $8.79 billion, a P/E ratio of 6.89 and a beta of 1.47. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC) last posted its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. As a group, analysts expect that AGNC Investment will post 1.95 earnings per share for the current fiscal year.

Institutional Trading of AGNC Investment

Institutional investors have recently bought and sold shares of the business. Hsbc Holdings PLC acquired a new stake in shares of AGNC Investment during the 2nd quarter worth approximately $157,000. Bank of Montreal Can boosted its stake in shares of AGNC Investment by 4.7% in the 2nd quarter. Bank of Montreal Can now owns 39,968 shares of the real estate investment trust’s stock valued at $390,000 after purchasing an additional 1,777 shares in the last quarter. AQR Capital Management LLC bought a new stake in shares of AGNC Investment during the 2nd quarter valued at approximately $163,000. The Manufacturers Life Insurance Company boosted its holdings in shares of AGNC Investment by 11.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 183,911 shares of the real estate investment trust’s stock valued at $1,755,000 after acquiring an additional 18,864 shares in the last quarter. Finally, Algert Global LLC bought a new stake in AGNC Investment during the 2nd quarter worth approximately $668,000. 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).