AGNC InvestmentAGNC
About: AGNC Investment Corp is a real estate investment trust that invests in agency residential mortgage-backed securities. The firm's asset portfolio is comprised of residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a U.S. Government-sponsored enterprise, such as the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, or by a U.S. Government agency, such as the Government National Mortgage Association. It also invests in other types of mortgage and mortgage-related residential and commercial mortgage-backed securities or other investments in or related to, the housing, mortgage or real estate markets.
Employees: 53
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
69% more repeat investments, than reductions
Existing positions increased: 203 | Existing positions reduced: 120
33% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]
0% less funds holding
Funds holding: 468 [Q1] → 467 (-1) [Q2]
1% less capital invested
Capital invested by funds: $2.73B [Q1] → $2.71B (-$29.6M) [Q2]
1% less first-time investments, than exits
New positions opened: 69 | Existing positions closed: 70
1.11% less ownership
Funds ownership: 39.7% [Q1] → 38.59% (-1.11%) [Q2]
40% less call options, than puts
Call options by funds: $108M | Put options by funds: $180M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Wells Fargo Donald Fandetti 69% 1-year accuracy 20 / 29 met price target | 15%upside $12 | Overweight Upgraded | 20 Sept 2024 |
RBC Capital Kenneth Lee 71% 1-year accuracy 35 / 49 met price target | 5%upside $11 | Outperform Maintained | 16 Aug 2024 |
Keefe, Bruyette & Woods Bose George 91% 1-year accuracy 29 / 32 met price target | 2%downside $10.25 | Outperform Maintained | 25 Jul 2024 |
Compass Point Merrill Ross 60% 1-year accuracy 6 / 10 met price target | 5%upside $11 | Buy Maintained | 24 Jul 2024 |
Jones Trading Jason Weaver 75% 1-year accuracy 15 / 20 met price target | 2%downside $10.25 | Buy Maintained | 23 Jul 2024 |
Financial journalist opinion
Based on 28 articles about AGNC published over the past 30 days