Analysts have given AGNC Investment Corp. (NASDAQ:AGNC) a consensus recommendation of "Moderate Buy."

February 28, 2023

According to data from Bloomberg Ratings, the eleven investment firms that provide coverage for AGNC Investment Corp. (NASDAQ: AGNC) have given the company an average rating of “Moderate Buy” for the stock. Five market analysts have issued a buy recommendation for the stock, while three have issued a hold rating.

It has been determined that the price objective of $10.75 set for the company over the past year by analysts who have issued reports on it will be the average price target for the next 12 months.

This objective was established by analysts who have issued reports on the company.

Recent commentary on AGNC stock from various equity research analysts can be found here.

The announcement was made by Credit Suisse Group on Friday, December 2, in a research note that was published online.

In the note, the company stated that they would be increasing their price objective for AGNC Investment shares to $9.50.

Argus changed their recommendation for AGNC Investment from a “buy” rating to a “hold” rating in a research note published on Monday, February 6.

Argus’s research note was published.

In a research note made public on November 4, UBS Group announced that they would be decreasing their target price on AGNC Investment shares to $8.50.

Barclays increased its price target for AGNC Investment from $9.00 to $12.00 in a research report made public on Friday, January 6, by the company.

Barclays’ report was made available to the public.

In the end, Maxim Group increased their price objective on AGNC Investment shares from $9.00 to $12.00 and gave the company a “buy” rating in a research note published on February 1.
On February 15, Kenneth L.

Pollack, Executive Vice President of the company, sold 10,910 shares of the company’s stock, another noteworthy event to note.

The price of one share of stock was determined to be an average of $11.34, which resulted in the sale of a total of 123,719.40 dollars’ worth of stock. Following the completion of the transaction, the executive vice president will have 228,634 shares in the company, which have an estimated value of $2,592,709.56 at present.

The transaction was described in a document distributed by the SEC which can be viewed on the organization’s website.

The company is owned by its current and former employees to the extent of 0.41% of the total share capital.
The recent events have caused several hedge funds to adjust the percentage of the company’s stock that they own due to these changes.

During the third quarter of the current fiscal year, Vanguard Group INC increased the percentage of AGNC Investment that it was holding by 1.1%.

After making additional purchases totaling 536,286 shares during the relevant period, Vanguard Group INC now has 48,875,957 shares of the real estate investment trust.

The value of these shares on the market currently is $411,535,000.

The amount of AGNC investment in which Geode Capital Management LLC had invested increased by 14.2% during the fourth quarter.

After making an additional purchase of 1,014,234 shares during the most recent quarter, Geode Capital Management LLC now has 8,151,153 shares of the real estate investment trust in their possession, which brings the total value of their holdings to $84,483,000.

Macquarie Group Ltd increased the amount of AGNC Investment stock owned by 5.7% over the final three months of 2018.

Macquarie Group Ltd now has 7,698,618 real estate investment trust shares following the purchase of 413,796 additional shares during the most recent quarter.

This gives the company’s holdings $79,681,000, equivalent to the real estate investment trust’s total asset value.

Millennium Management LLC added 86.5 percent more of its existing holdings in AGNC Investment over the final three months of 2018.

Millennium Management LLC now has 6,506,730 shares of the real estate investment trust’s stock after purchasing an additional 3,018,383 shares during the most recent quarter.

Based on the stock’s current price, Millennium Management LLC’s holdings are estimated to be worth $67,345,000.

And finally, during the fourth quarter of 2018, Allspring Global Investments Holdings LLC added 18.5% more AGNC Investment stock to its portfolio, bringing the total percentage of that stock it owned to 100%.

Allspring Global Investments Holdings LLC now has 6,320,555 real estate investment trust shares due to purchasing an additional 986,455 shares during the most recent quarter.

This gives the company $65,418,000, equivalent to the real estate investment trust’s total assets. 40.87 institutional investors and hedge funds hold a percent of the total shares outstanding in the company.

When trading started on Monday, one share of AGNC stock fetched $11.10.

The moving average of the company’s stock price over the past 50 days is $11.16, and the moving average over the past 200 days is $10.40.

The quick ratio, the current ratio, and the debt-to-equity ratio are all the same; they are all equal to 0.25.

There is no difference between these three ratios.

During the previous year, the price of AGNC Investment ranged from a low of $7.30 to a high of $13.64 at various points.

The company possesses a price-to-earnings ratio of -4.37, a beta value of 1.20, and a market capitalization of $6.35 billion.
On January 31, AGNC Investment, listed on the NASDAQ under the symbol AGNC, disseminated its most recent quarterly earnings report.

The real estate investment trust (REIT) reported $0.74 throughout the quarter, $0.09 higher than the average expectation of $0.65.

Even though AGNC Investment’s net margin was negative (80.24%), the company still had a positive return on equity of 26.52 percent.

The company reported a revenue of $25 million for the quarter, a significant decrease from the $415.17 million that analysts anticipated would bring in for the period.

The company posted earnings of $0.75 per share for the same period the year before when compared to the current year. Compared to the same period the previous year, the revenue for the quarter was down 89.9%.

According to the consensus of industry experts, AGNC Investment will finish the current fiscal year with earnings of $2.21 per share.

The company just declared a dividend for February 23, scheduled to be paid out on March 9.

In addition to this news, the company made this announcement yesterday. On February 28, shareholders recorded as owning the company’s shares will be eligible for a dividend payment of $0.12 per share.

This translates to a dividend yield of 12.7% when taken into account.

The dividend payment will be deducted from accounts on Monday, February 27, the date set.

The payout ratio for AGNC Investment currently stands at -56.69% as of right now.

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