AGNC Investment Corp (AGNC) Can’t Be More Hot. Just Reaches 52-Week High

June 19, 2017 - By Stephen Andrade

Investors sentiment decreased to 0.02 in 2016 Q4. Its down 0.48, from 0.5 in 2016Q3. It is negative, as 193 investors sold AGNC Investment Corp shares while 1 reduced holdings. 2 funds opened positions while 1 raised stakes. 1.09 million shares or 99.29% less from 154.82 million shares in 2016Q3 were reported.
Cypress Cap Mgmt Ltd Limited Liability Company (Wy) invested 0% of its portfolio in AGNC Investment Corp (NASDAQ:AGNC). Dreman Value Mgmt L L C holds 0.21% or 21,051 shares in its portfolio. American Research & Comm has invested 0% in AGNC Investment Corp (NASDAQ:AGNC). Penn Mutual Life Insur Company stated it has 10.11% in AGNC Investment Corp (NASDAQ:AGNC). 108,676 are held by Gulf Bank (Uk) Ltd. Fifth Third Comml Bank holds 0% or 4,600 shares in its portfolio. Eagle Asset Inc accumulated 225,555 shares or 0.03% of the stock. Prudential Public Ltd invested 0% in AGNC Investment Corp (NASDAQ:AGNC). 23,800 are held by Texan Cap Mgmt.

Since March 6, 2017, it had 0 insider purchases, and 2 selling transactions for $177,893 activity. 5,135 shares were sold by Bell Bernice, worth $100,066 on Monday, March 6. Shares for $77,827 were sold by Davis Morris A..

The stock of AGNC Investment Corp (NASDAQ:AGNC) hit a new 52-week high and has $22.89 target or 3.00 % above today’s $22.22 share price. The 7 months bullish chart indicates low risk for the $7.98B company. The 1-year high was reported on Jun, 19 by Barchart.com. If the $22.89 price target is reached, the company will be worth $239.40M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

About 308,449 shares traded. AGNC Investment Corp (NASDAQ:AGNC) has risen 7.98% since June 19, 2016 and is uptrending. It has underperformed by 8.72% the S&P500.

Investors wait AGNC Investment Corp (NASDAQ:AGNC) to report on July, 26. its quarterly earnings Wall Street analysts expect $0.59 earnings per share, up $0.03 or 5.36 % from last year’s $0.56 same quarter earnings. This translates into $211.62M profit for AGNC giving the stock a 9.42 P/E. This is assuming the current $0.59 EPS is accurate. AGNC Investment Corp’s Wall Street analysts see -7.81 % negative EPS growth, taking into account the $0.64 EPS reproted in the previous quarter,

AGNC Investment Corp (NASDAQ:AGNC) Ratings Coverage

Among 12 analysts covering American Capital Agency Corp. (NASDAQ:AGNC), 3 have Buy rating, 2 Sell and 7 Hold. Therefore 25% are positive. American Capital Agency Corp. had 24 analyst reports since July 30, 2015 according to SRatingsIntel. Bank of America upgraded the shares of AGNC in report on Wednesday, June 29 to “Neutral” rating. The company was upgraded on Thursday, August 13 by Compass Point. The stock of AGNC Investment Corp (NASDAQ:AGNC) has “Market Perform” rating given on Tuesday, April 11 by Wells Fargo. The firm earned “Neutral” rating on Friday, July 8 by Nomura. The stock of AGNC Investment Corp (NASDAQ:AGNC) earned “Buy” rating by Nomura on Wednesday, August 12. The firm has “Neutral” rating given on Friday, December 2 by Credit Suisse. The firm has “Hold” rating given on Wednesday, October 28 by Deutsche Bank. Maxim Group maintained the shares of AGNC in report on Friday, February 3 with “Buy” rating. The company was downgraded on Monday, July 18 by JP Morgan. RBC Capital Markets maintained it with “Outperform” rating and $23 target in Wednesday, October 28 report.

More important recent AGNC Investment Corp (NASDAQ:AGNC) news were published by: Seekingalpha.com which released: “AGNC Investment And Orchid Island Capital: MBS Pricing For First Half Of Q2 2017” on May 23, 2017, also Seekingalpha.com published article titled: “AGNC: The Secret To This 10% Yield”, Seekingalpha.com published: “AGNC Investment’s Price, Book Value, And Ratios Since Inception” on June 15, 2017. More interesting news about AGNC Investment Corp (NASDAQ:AGNC) was released by: Seekingalpha.com and their article: “AGNC Investment Corp.: Highly Attractive 10% Dividend Yield, But Interest Rate …” with publication date: June 07, 2017.

AGNC Investment Corp., formerly American Capital Agency Corp., is a real estate investment trust. The company has market cap of $7.98 billion. The Firm invests in agency residential mortgage-backed securities on a leveraged basis. It has a 5.1 P/E ratio. The Company’s investments consist of residential mortgage pass-through securities and collateralized mortgage obligations 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).

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