American Capital Agency Corp. (NASDAQ:AGNC) Short Interest Update

American Capital Agency Corp. (NASDAQ:AGNC) was the target of a large growth in short interest in July. As of July 14th, there was short interest totalling 10,955,378 shares, a growth of 18.0% from the June 30th total of 9,283,019 shares. Based on an average trading volume of 3,492,482 shares, the short-interest ratio is currently 3.1 days. Currently, 3.1% of the shares of the stock are short sold.

In other news, Director Morris A. Davis sold 3,741 shares of the company’s stock in a transaction that occurred on Tuesday, June 6th. The stock was sold at an average price of $20.80, for a total transaction of $77,812.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.47% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AGNC. Tower Research Capital LLC TRC boosted its position in American Capital Agency Corp. by 24.3% in the first quarter. Tower Research Capital LLC TRC now owns 5,584 shares of the real estate investment trust’s stock valued at $111,000 after buying an additional 1,090 shares during the last quarter. Washington Trust Bank acquired a new position in American Capital Agency Corp. during the first quarter valued at about $121,000. James Investment Research Inc. acquired a new position in American Capital Agency Corp. during the first quarter valued at about $148,000. Penserra Capital Management LLC boosted its position in American Capital Agency Corp. by 42.0% in the first quarter. Penserra Capital Management LLC now owns 7,649 shares of the real estate investment trust’s stock valued at $152,000 after buying an additional 2,261 shares in the last quarter. Finally, Mn Services Vermogensbeheer B.V. acquired a new position in American Capital Agency Corp. during the first quarter valued at about $161,000. 55.75% of the stock is owned by hedge funds and other institutional investors.

Several analysts recently weighed in on AGNC shares. Keefe, Bruyette & Woods restated a “hold” rating and set a $19.50 price target on shares of American Capital Agency Corp. in a report on Tuesday, May 30th. BidaskClub upgraded American Capital Agency Corp. from a “buy” rating to a “strong-buy” rating in a report on Wednesday, June 14th. Deutsche Bank AG increased their price target on American Capital Agency Corp. from $18.50 to $19.00 and gave the company a “buy” rating in a report on Friday, April 28th. Zacks Investment Research upgraded American Capital Agency Corp. from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a report on Monday, July 31st. Finally, Maxim Group reaffirmed a “buy” rating and issued a $21.25 price objective on shares of American Capital Agency Corp. in a research report on Thursday, July 27th. One analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. American Capital Agency Corp. presently has an average rating of “Hold” and a consensus price target of $20.14.

Shares of American Capital Agency Corp. (NASDAQ AGNC) opened at 21.43 on Friday. American Capital Agency Corp. has a 12 month low of $17.30 and a 12 month 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 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.07. American Capital Agency Corp. had a return on equity of 12.08% and a net margin of 161.49%. The firm had revenue of $181 million during the quarter, compared to analysts’ expectations of $203.44 million. During the same period in the previous year, the firm posted $0.73 EPS. American Capital Agency Corp.’s revenue for the quarter was down 16.6% on a year-over-year basis. On average, equities research analysts anticipate that American Capital Agency Corp. will post $2.53 earnings per share for the current fiscal year.

The business also recently announced a aug 17 dividend, which will be paid on Friday, September 8th. Investors of record on Thursday, August 31st will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, August 29th. American Capital Agency Corp.’s payout ratio is 44.63%.

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American Capital Agency Corp. Company Profile

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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