Credit Suisse Group reissued their hold rating on shares of American Capital Agency Corp. (NASDAQ:AGNC) in a research report sent to investors on Friday. Credit Suisse Group currently has a $20.00 price objective on the real estate investment trust’s stock.

Other research analysts have also recently issued reports about the stock. BidaskClub upgraded shares of American Capital Agency Corp. from a buy rating to a strong-buy rating in a research note on Wednesday, June 14th. Keefe, Bruyette & Woods reiterated a hold rating and issued a $19.00 target price on shares of American Capital Agency Corp. in a research note on Tuesday, July 4th. Wells Fargo & Company cut shares of American Capital Agency Corp. from an outperform rating to a market perform rating and set a $20.50 target price on the stock. in a research note on Tuesday, April 11th. They noted that the move was a valuation call. Maxim Group restated a buy rating and set a $21.25 price target on shares of American Capital Agency Corp. in a research note on Thursday, July 27th. Finally, Zacks Investment Research upgraded shares of American Capital Agency Corp. from a sell rating to a hold rating in a research note on Monday, April 3rd. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of $20.03.

Shares of American Capital Agency Corp. (NASDAQ:AGNC) opened at 21.18 on Friday. The company has a 50-day moving average of $21.52 and a 200 day moving average of $20.29. American Capital Agency Corp. has a 52 week low of $17.30 and a 52 week high of $22.34.

American Capital Agency Corp. (NASDAQ:AGNC) last released its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.67 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.07. The firm had revenue of $181 million for the quarter, compared to analysts’ expectations of $203.44 million. American Capital Agency Corp. had a net margin of 161.49% and a return on equity of 12.17%. The company’s quarterly revenue was down 16.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.73 earnings per share. On average, equities research analysts expect that American Capital Agency Corp. will post $2.45 EPS for the current year.

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The firm also recently announced a jul 17 dividend, which will be paid on Monday, August 7th. Investors of record on Monday, July 31st will be issued a dividend of $0.18 per share. The ex-dividend date is Thursday, July 27th. American Capital Agency Corp.’s dividend payout ratio is currently 44.63%.

In related news, Director Morris A. Davis sold 3,741 shares of the stock in a transaction on Tuesday, June 6th. The shares were sold at an average price of $20.80, for a total transaction of $77,812.80. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.47% of the stock is currently owned by company insiders.

Institutional investors have recently added to or reduced their stakes in the stock. Bank of Montreal Can boosted its stake in shares of American Capital Agency Corp. by 24.6% in the first quarter. Bank of Montreal Can now owns 130,213 shares of the real estate investment trust’s stock valued at $2,590,000 after buying an additional 25,735 shares during the last quarter. Macquarie Group Ltd. purchased a new stake in shares of American Capital Agency Corp. during the fourth quarter valued at $632,000. Aberdeen Asset Management PLC UK boosted its stake in shares of American Capital Agency Corp. by 3.5% in the first quarter. Aberdeen Asset Management PLC UK now owns 769,002 shares of the real estate investment trust’s stock valued at $15,295,000 after buying an additional 25,875 shares during the last quarter. Janus Capital Management LLC boosted its stake in shares of American Capital Agency Corp. by 4.1% in the first quarter. Janus Capital Management LLC now owns 1,494,078 shares of the real estate investment trust’s stock valued at $29,717,000 after buying an additional 59,000 shares during the last quarter. Finally, BlackRock Inc. boosted its stake in shares of American Capital Agency Corp. by 5,634.5% in the first quarter. BlackRock Inc. now owns 30,839,279 shares of the real estate investment trust’s stock valued at $613,395,000 after buying an additional 30,301,498 shares during the last quarter. 56.16% of the stock is currently owned by institutional investors.

About American Capital Agency Corp.

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).

Analyst Recommendations for American Capital Agency Corp. (NASDAQ:AGNC)

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