Zacks Investment Research downgraded AGNC Investment Corp (NASDAQ:AGNC) to Sell in a report released today.
- Updated: October 13, 2016
Yesterday AGNC Investment Corp (NASDAQ:AGNC) traded 1.17% higher at $19.54. The company’s 50-day moving average is $19.42 and its 200-day moving average is $19.20. The last stock close price is up 1.37% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 2,388,402 shares of AGNC Investment Corp exchanged hands, down from an average trading volume of 2,836,200
Zacks Investment Research has downgraded AGNC Investment Corp (NASDAQ:AGNC) to Sell in a report released on Thursday October 13, 2016.
Previously on Thursday October 06, 2016, Vetr Inc. reported about AGNC Investment Corp (NASDAQ:AGNC) raised the target price from $0.00 to $19.53. At the time, this indicated a possible downside of 0.00%.
Recent Performance Chart
AGNC Investment Corp has with a one year low of $15.69 and a one year high of $20.10 and has a market capitalization of $0.
A total of 12 firms have reported on AGNC Investment Corp. Two equity analysts rating the company a strong buy, 6 brokerages rating the stock a buy, 5 firms rating the stock a hold, 3 brokers rating the company a underperform, and finally zero firms rating the stock a sell with a consensus target price of $19.94.
About AGNC Investment Corp (NASDAQ:AGNC)
AGNC Investment Corp., formerly American Capital Agency Corp., is an internally managed 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).
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