AGNC Investment's Market Perform Rating Reaffirmed by JMP Securities

AGNC Investment Corp. (NASDAQ:AGNC) has received a reaffirmed "market perform" rating from analysts at JMP Securities, as reported in their latest market analysis released on Thursday.

Recently, several other research analysts have also shared their insights regarding AGNC. For instance, StockNews.com reassessed their rating and downgraded AGNC Investment from a "hold" to a "sell" rating in a report dated Saturday, October 19th. In a separate analysis, JPMorgan Chase & Co. revised their price target for AGNC Investment from $10.00 down to $9.50 while maintaining an "overweight" rating for the stock in notes released on December 9th.

As it stands, one investment analyst categorizes the stock with a "sell" rating, while two analysts have assigned it a "hold" rating. Notably, seven analysts have given AGNC Investment a "buy" rating. MarketBeat’s data suggests that the overall consensus rating for AGNC Investment is labeled as a "Moderate Buy" with an average price target of $10.64.

Current Price Performance of AGNC Investment

On Thursday, shares of AGNC Investment were trading at $9.68. The company's 50-day simple moving average stands at $9.50, while the 200-day simple moving average is noted at $9.90. AGNC Investment showcases a very low debt-to-equity ratio of 0.01, with both current and quick ratios at 0.23. The firm holds a market capitalization of approximately $8.57 billion and has a price-to-earnings (P/E) ratio of 6.72 along with a beta value of 1.47. Over the past year, AGNC Investment experienced a low of $8.92 and a high of $10.85.

Institutional Trading Activity in AGNC Investment

A number of institutional investors have recently made adjustments to their holdings in AGNC Investment. For example, Vaughan Nelson Investment Management L.P. increased its stake in the company by 200.5% during the third quarter, bringing their total holdings to 14,446,725 shares, valued at around $151.1 million. Similarly, Natixis Advisors LLC raised their ownership by 314.8%, resulting in a total of 3,842,814 shares worth approximately $40.2 million. Moreover, ORG Wealth Partners LLC acquired a new position valued at about $17.5 million during the same quarter. Other significant changes included UBS Asset Management boosting their shareholdings by 115%, now owning 1,912,694 shares valued at $20 million, and International Assets Investment Management increasing their stake by an impressive 945.2%, accumulating 1,072,039 shares worth $102.5 million. Overall, institutional investors own approximately 38.28% of AGNC Investment's stock.

Company Overview

AGNC Investment Corp., previously known as American Capital Agency Corp., functions as a real estate investment trust (REIT). The company’s primary focus is on investing in agency residential mortgage-backed securities leveraging its capital. AGNC’s investment portfolio mainly comprises residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) that are backed by guaranteed principal and interest payments from entities like the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), or government agencies such as the Government National Mortgage Association (Ginnie Mae).

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