The stock of AGNC Investment Corp (NASDAQ:AGNC) is a huge mover today! The stock increased 0.67% or $0.13 during the last trading session, hitting $19.54. AGNC Investment Corp (NASDAQ:AGNC) has risen 6.39% since March 11, 2016 and is uptrending. It has outperformed by 0.94% the S&P500.
The move comes after 5 months negative chart setup for the $6.43 billion company. It was reported on Oct, 14 by Barchart.com. We have $18.37 PT which if reached, will make NASDAQ:AGNC worth $385.80M less.
Analysts await AGNC Investment Corp (NASDAQ:AGNC) to report earnings on October, 24. They expect $0.55 EPS, up 7.84% or $0.04 from last year’s $0.51 per share. AGNC’s profit will be $180.99M for 8.88 P/E if the $0.55 EPS becomes a reality. After $0.56 actual EPS reported by AGNC Investment Corp for the previous quarter, Wall Street now forecasts -1.79% negative EPS growth.
AGNC Investment Corp (NASDAQ:AGNC) Ratings Coverage
Out of 9 analysts covering American Capital Agency Corp. (NASDAQ:AGNC), 4 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 44% are positive. American Capital Agency Corp. has been the topic of 17 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The rating was upgraded by Compass Point on Thursday, August 13 to “Buy”. Bank of America upgraded the stock to “Neutral” rating in Wednesday, June 29 report. Wunderlich upgraded the shares of AGNC in a report on Monday, May 23 to “Buy” rating. The firm earned “Underweight” rating on Wednesday, December 16 by Morgan Stanley. The stock of AGNC Investment Corp (NASDAQ:AGNC) earned “Hold” rating by Deutsche Bank on Wednesday, October 28. Nomura upgraded AGNC Investment Corp (NASDAQ:AGNC) rating on Wednesday, August 12. Nomura has “Buy” rating and $23 price target. The rating was downgraded by Nomura on Friday, July 8 to “Neutral”. The stock of AGNC Investment Corp (NASDAQ:AGNC) has “Hold” rating given on Tuesday, October 27 by Wunderlich. The rating was maintained by RBC Capital Markets with “Outperform” on Monday, August 3. The rating was downgraded by JP Morgan on Monday, July 18 to “Neutral”.
According to Zacks Investment Research, “AMER CAPITAL AGENCY CORP. is a newly-organized Delaware corporation formed to invest exclusively in single-family residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a U.S. Government agency or a U.S. Government-sponsored entity. The Company will be externally managed and advised by American Capital Agency Management, LLC, a subsidiary of a wholly-owned portfolio company of American Capital. The Company will elect to be taxed, and intends to qualify, as a real estate investment trust for federal income tax purposes.”
Insitutional Activity: The institutional sentiment decreased to 1.2 in 2016 Q2. Its down 0.11, from 1.31 in 2016Q1. The ratio dived, as 34 funds sold all AGNC Investment Corp shares owned while 98 reduced positions. 36 funds bought stakes while 123 increased positions. They now own 185.52 million shares or 6.21% less from 197.82 million shares in 2016Q1.
State Of New Jersey Common Pension Fund D holds 483,000 shares or 0.04% of its portfolio. Moreover, Westfield Cap L P has 0.04% invested in AGNC Investment Corp (NASDAQ:AGNC) for 237,170 shares. Moreover, Hbk Lp has 0.01% invested in AGNC Investment Corp (NASDAQ:AGNC) for 76,630 shares. Psagot Inv House has 6,000 shares for 0.01% of their US portfolio. Pggm Invests holds 0.03% of its portfolio in AGNC Investment Corp (NASDAQ:AGNC) for 298,476 shares. Commonwealth Equity accumulated 0.01% or 77,574 shares. Panagora Asset Mgmt reported 9,703 shares or 0% of all its holdings. Schwab Charles Investment Mgmt Incorporated last reported 900,313 shares in the company. Synovus accumulated 3,823 shares or 0% of the stock. Ls Investment Advsrs Limited Liability, a Michigan-based fund reported 14,931 shares. First Trust Advisors Lp holds 102,873 shares or 0.01% of its portfolio. Omers Administration Corp has invested 0.2% of its portfolio in AGNC Investment Corp (NASDAQ:AGNC). Jpmorgan Chase & Com has 0.02% invested in the company for 3.24M shares. Cibc Markets owns 45,615 shares or 0% of their US portfolio. The New York-based New York State Common Retirement Fund has invested 0.02% in AGNC Investment Corp (NASDAQ:AGNC).
Insider Transactions: Since June 2, 2016, the stock had 0 insider purchases, and 10 sales for $13.64 million net activity. Federico Peter J also sold $32,467 worth of AGNC Investment Corp (NASDAQ:AGNC) shares. Kain Gary D also sold $7.21M worth of AGNC Investment Corp (NASDAQ:AGNC) on Tuesday, July 5. Shares for $63,137 were sold by Davis Morris A. on Thursday, June 2. Kuehl Christopher sold $32,483 worth of AGNC Investment Corp (NASDAQ:AGNC) on Friday, August 26. 9,504 shares were sold by Bell Bernice, worth $185,804 on Tuesday, July 5.
More important recent AGNC Investment Corp (NASDAQ:AGNC) news were published by: Prnewswire.com which released: “AGNC Investment Corp. Declares Monthly Common Stock Dividend of $0.18 per …” on October 12, 2016, also Prnewswire.com published article titled: “AGNC Investment Corp. Announces Date for Third Quarter Earnings Release and …”, Prnewswire.com published: “AGNC Investment Corp. Announces Name Change” on October 03, 2016. More interesting news about AGNC Investment Corp (NASDAQ:AGNC) was released by: Seekingalpha.com and their article: “AGNC Investment’s Q3 2016 Income Statement And EPS Projection – Part 3” with publication date: October 13, 2016.
AGNC Company Profile
AGNC Investment Corp., formerly American Capital Agency Corp., incorporated on January 7, 2008, is an internally managed real estate investment trust (REIT). The Firm primarily invests on a leveraged basis in agency mortgage-backed securities (agency MBS). The Company’s 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). The Firm also focuses on investing in other assets related to agency securities and approximately 10% of its assets in AAA non-agency and commercial mortgage-backed securities (collectively, AAA non-agency MBS).
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