AGNC Investment (NASDAQ:AGNC) Stock Price Expected to Rise, UBS Group Analyst Says

AGNC Investment (NASDAQ:AGNC) had its price objective increased by investment analysts at UBS Group from $8.50 to $9.50 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the real estate investment trust’s stock. UBS Group’s target price would suggest a potential upside of 1.06% from the company’s previous close.

Other research analysts also recently issued research reports about the company. JPMorgan Chase & Co. decreased their price objective on AGNC Investment from $9.50 to $8.50 and set an “overweight” rating on the stock in a report on Wednesday, April 16th. Jones Trading cut their target price on AGNC Investment from $10.25 to $9.50 and set a “buy” rating on the stock in a research note on Tuesday, April 22nd. Wells Fargo & Company cut their price objective on AGNC Investment from $11.00 to $10.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 22nd. Keefe, Bruyette & Woods lifted their price target on shares of AGNC Investment from $9.50 to $10.00 and gave the company an “outperform” rating in a report on Thursday. Finally, Wall Street Zen cut shares of AGNC Investment from a “hold” rating to a “sell” rating in a research report on Tuesday, May 6th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, AGNC Investment has an average rating of “Hold” and an average price target of $9.79.

AGNC Investment Stock Performance

AGNC stock opened at $9.40 on Thursday. The business has a 50 day moving average of $9.14 and a 200-day moving average of $9.43. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.01. AGNC Investment has a 12-month low of $7.85 and a 12-month high of $10.85. The firm has a market cap of $9.59 billion, a PE ratio of 23.50 and a beta of 1.28.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.44 EPS for the quarter, beating the consensus estimate of $0.41 by $0.03. The business had revenue of $846.00 million for the quarter, compared to the consensus estimate of $436.71 million. AGNC Investment had a net margin of 14.91% and a return on equity of 20.36%. During the same period in the prior year, the firm earned $0.58 earnings per share. As a group, sell-side analysts expect that AGNC Investment will post 1.61 earnings per share for the current year.

Insider Transactions at AGNC Investment

In other AGNC Investment news, Director Donna Blank sold 17,218 shares of the company’s stock in a transaction on Tuesday, May 6th. The stock was sold at an average price of $8.67, for a total value of $149,280.06. Following the transaction, the director owned 90,345 shares of the company’s stock, valued at $783,291.15. This represents a 16.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Bernice Bell sold 8,000 shares of the firm’s stock in a transaction on Thursday, May 1st. The stock was sold at an average price of $8.88, for a total value of $71,040.00. Following the transaction, the executive vice president owned 374,019 shares in the company, valued at $3,321,288.72. The trade was a 2.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 139,384 shares of company stock worth $1,228,039. 0.42% of the stock is owned by corporate insiders.

Institutional Trading of AGNC Investment

A number of hedge funds have recently bought and sold shares of the stock. Farringdon Capital Ltd. purchased a new stake in AGNC Investment in the fourth quarter valued at $639,000. Wealth Enhancement Advisory Services LLC raised its position in shares of AGNC Investment by 96.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 110,113 shares of the real estate investment trust’s stock worth $1,014,000 after acquiring an additional 54,049 shares during the period. Sei Investments Co. grew its position in shares of AGNC Investment by 10.0% during the 4th quarter. Sei Investments Co. now owns 408,004 shares of the real estate investment trust’s stock valued at $3,758,000 after acquiring an additional 37,150 shares during the period. KBC Group NV raised its holdings in AGNC Investment by 10.2% in the 1st quarter. KBC Group NV now owns 33,398 shares of the real estate investment trust’s stock worth $320,000 after purchasing an additional 3,081 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its position in AGNC Investment by 48.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 56,607 shares of the real estate investment trust’s stock worth $521,000 after purchasing an additional 18,476 shares in the last quarter. Hedge funds and other 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).