The stock of AGNC Investment Corp (NASDAQ:AGNC) is a huge mover today! About 1.05 million shares traded hands. AGNC Investment Corp (NASDAQ:AGNC) has risen 2.50% since April 11, 2016 and is uptrending. It has underperformed by 3.64% the S&P500.
The move comes after 6 months positive chart setup for the $6.26 billion company. It was reported on Nov, 11 by Barchart.com. We have $28.92 PT which if reached, will make NASDAQ:AGNC worth $3.13 billion more.
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. As per Wednesday, June 29, the company rating was upgraded by Bank of America. The rating was downgraded by Wunderlich on Tuesday, October 27 to “Hold”. The rating was downgraded by Nomura on Friday, July 8 to “Neutral”. The stock of AGNC Investment Corp (NASDAQ:AGNC) earned “Neutral” rating by JP Morgan on Monday, July 18. The stock of AGNC Investment Corp (NASDAQ:AGNC) has “Buy” rating given on Thursday, August 13 by Compass Point. Morgan Stanley downgraded the shares of AGNC in a report on Wednesday, December 16 to “Underweight” rating. The firm has “Hold” rating given on Wednesday, October 28 by Deutsche Bank. The rating was upgraded by Nomura to “Buy” on Wednesday, August 12. The rating was maintained by RBC Capital Markets with “Outperform” on Monday, August 3. As per Wednesday, October 28, the company rating was maintained by RBC Capital Markets.
According to Zacks Investment Research, “AGNC Investment Corp. is an internally-managed real estate investment trust. It invests in agency mortgage-backed securities on a leveraged basis, financed primarily through collateralized borrowings structured as repurchase agreements. AGNC Investment Corp., formerly known as American Capital Agency Corp., is based in Bethesda, Maryland.”
Insitutional Activity: The institutional sentiment decreased to 1.2 in 2016 Q2. Its down 0.11, from 1.31 in 2016Q1. The ratio turned negative, 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.
Ibm Retirement Fund has 0.02% invested in the company for 33,518 shares. Checchi Cap Advisers Limited Company accumulated 0.01% or 6,564 shares. Moreover, Panagora Asset Mgmt Incorporated has 0% invested in AGNC Investment Corp (NASDAQ:AGNC) for 9,703 shares. Putnam Investments Ltd Liability last reported 0.05% of its portfolio in the stock. American Rech And Co has 200 shares for 0% of their US portfolio. Sii Wi, a Wisconsin-based fund reported 20,127 shares. Next Financial Group Incorporated, a Texas-based fund reported 27,252 shares. Blair William Il has 0% invested in the company for 15,043 shares. Icm Asset Incorporated Wa holds 3.06% or 105,764 shares in its portfolio. The Japan-based Sumitomo Mitsui Asset Mngmt Limited has invested 0.01% in AGNC Investment Corp (NASDAQ:AGNC). Henderson Group Public Limited Com holds 40,949 shares or 0.01% of its portfolio. Signaturefd Ltd Limited Liability Company last reported 0% of its portfolio in the stock. Pictet Asset Management Ltd holds 0.01% of its portfolio in AGNC Investment Corp (NASDAQ:AGNC) for 162,415 shares. Hudock Cap Gru Inc Ltd Company owns 2,167 shares or 0.02% of their US portfolio. West Family Investments owns 87,633 shares or 0.32% of their US portfolio.
Insider Transactions: Since June 2, 2016, the stock had 0 insider purchases, and 10 insider sales for $13.64 million net activity. Federico Peter J sold $32,467 worth of AGNC Investment Corp (NASDAQ:AGNC) on Friday, August 26. Kain Gary D sold $7.21M worth of stock or 368,953 shares. 9,504 shares with value of $185,804 were sold by Bell Bernice on Tuesday, July 5. The insider Kuehl Christopher sold $32,483. Davis Morris A. also sold $63,137 worth of AGNC Investment Corp (NASDAQ:AGNC) shares.
More news for AGNC Investment Corp (NASDAQ:AGNC) were recently published by: Seekingalpha.com, which released: “What Should Investors Expect When AGNC Investment Corp. Reports?” on October 24, 2016. Prnewswire.com‘s article titled: “AGNC Investment Corp. Announces Third Quarter 2016 Financial Results” and published on October 24, 2016 is yet another important article.
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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