American Capital Agency Corp. (NASDAQ:AGNC) has been downgraded to Hold in a report by Zacks Investment Research earlier today.
- Updated: October 3, 2016
Having a price of $19.54, American Capital Agency Corp. (NASDAQ:AGNC) traded -0.83% lower on the day. With the last close up 1.07% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. American Capital Agency Corp. has recorded a 50-day average of $19.61 and a two hundred day average of $19.17. Volume of trade was down over the average, with 1,247,012 shares of AGNC changing hands under the typical 2,926,690
Zacks Investment Research has downgraded American Capital Agency Corp. (NASDAQ:AGNC) to Hold in a statement released on 10/3/2016.
On 09/28/2016, Zacks Investment Research released a statement on American Capital Agency Corp. (NASDAQ:AGNC) upped the target price from $0.00 to $22.00 that suggested an upside of 0.13%.
With a total market value of $0, American Capital Agency Corp. has with a one year low of $15.69 and a one year high of $20.10 .
A total of 12 analysts have released a research note on American Capital Agency Corp.. Two analysts rating the company a strong buy, six equity analysts rating the company a buy, five equity analysts rating the company a hold, three equity analysts rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $19.94.
General Company Details For American Capital Agency Corp. (NASDAQ:AGNC)
American Capital Agency Corp. is a real estate investment trust (REIT). The Company 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 Company also invests 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). The Company is externally managed by American Capital AGNC Management, LLC, an affiliate of American Capital, Ltd.
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