A number of other research analysts also recently issued reports on the company. UBS Group reiterated a “buy” rating and issued a GBX 285 ($3.72) price target on shares of in a report on Friday, June 21st. TheStreet downgraded Trinity Industries from a “b” rating to a “c” rating in a report on Thursday, April 25th. ValuEngine downgraded Zumiez from a “hold” rating to a “sell” rating in a report on Monday, May 13th. Nomura cut their price target on Carnival from $66.00 to $61.00 and set a “buy” rating on the stock in a report on Wednesday, March 27th. Finally, Zacks Investment Research downgraded Ionis Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Friday, April 5th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $18.33.
Shares of NASDAQ:AGNC opened at $17.27 on Friday. AGNC Investment has a 12-month low of $16.19 and a 12-month high of $19.72. The firm has a fifty day moving average of $16.84. The stock has a market cap of $9.20 billion, a P/E ratio of 7.35, a PEG ratio of 2.83 and a beta of 0.24. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.25 and a quick ratio of 0.25.
In other news, Director Morris A. Davis sold 11,537 shares of the firm’s stock in a transaction on Friday, April 26th. The stock was sold at an average price of $17.94, for a total value of $206,973.78. Following the completion of the sale, the director now owns 17,546 shares of the company’s stock, valued at approximately $314,775.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Gary D. Kain acquired 97,802 shares of the stock in a transaction dated Tuesday, May 28th. The stock was acquired at an average cost of $17.73 per share, with a total value of $1,734,029.46. Following the transaction, the chief executive officer now directly owns 1,300 shares in the company, valued at $23,049. The disclosure for this purchase can be found here. 0.30% of the stock is owned by company insiders.
Institutional investors have recently bought and sold shares of the company. Global Retirement Partners LLC boosted its position in shares of AGNC Investment by 276.9% in the 1st quarter. Global Retirement Partners LLC now owns 1,568 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 1,152 shares in the last quarter. Bronfman E.L. Rothschild L.P. lifted its position in AGNC Investment by 64.6% during the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 2,125 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 834 shares during the period. Harvest Group Wealth Management LLC acquired a new stake in AGNC Investment during the 1st quarter worth about $49,000. Destination Wealth Management acquired a new stake in AGNC Investment during the 1st quarter worth about $57,000. Finally, Penserra Capital Management LLC acquired a new stake in AGNC Investment during the 1st quarter worth about $61,000. 68.39% of the stock is owned by hedge funds and other institutional investors.
About AGNC Investment
AGNC Investment Corp., formerly American Capital Agency Corp., is a real estate investment trust. The Company invests in agency residential mortgage-backed securities on a leveraged basis. Its 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).
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