Delphi Financial Group Inc. Acquires 170,000 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Delphi Financial Group Inc. raised its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 122.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 309,000 shares of the real estate investment trust’s stock after acquiring an additional 170,000 shares during the quarter. AGNC Investment makes up approximately 1.5% of Delphi Financial Group Inc.’s holdings, making the stock its 14th biggest position. Delphi Financial Group Inc.’s holdings in AGNC Investment were worth $2,846,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Vaughan Nelson Investment Management L.P. grew its stake in shares of AGNC Investment by 200.5% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 14,446,725 shares of the real estate investment trust’s stock valued at $151,113,000 after buying an additional 9,639,675 shares in the last quarter. PL Capital Advisors LLC grew its stake in shares of AGNC Investment by 821.0% in the fourth quarter. PL Capital Advisors LLC now owns 5,464,956 shares of the real estate investment trust’s stock valued at $50,332,000 after buying an additional 4,871,584 shares in the last quarter. Natixis Advisors LLC grew its stake in shares of AGNC Investment by 314.8% in the third quarter. Natixis Advisors LLC now owns 3,842,814 shares of the real estate investment trust’s stock valued at $40,196,000 after buying an additional 2,916,345 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of AGNC Investment by 115.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,912,694 shares of the real estate investment trust’s stock valued at $20,007,000 after buying an additional 1,023,275 shares in the last quarter. Finally, Van ECK Associates Corp grew its stake in shares of AGNC Investment by 34.1% in the third quarter. Van ECK Associates Corp now owns 3,427,978 shares of the real estate investment trust’s stock valued at $34,074,000 after buying an additional 870,856 shares in the last quarter. 38.28% of the stock is owned by institutional investors.

Insider Activity at AGNC Investment

In related news, Director Frances Spark sold 5,000 shares of the business’s stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total value of $50,500.00. Following the completion of the transaction, the director now owns 75,919 shares of the company’s stock, valued at $766,781.90. The trade was a 6.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Bernice Bell sold 13,000 shares of the business’s stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $10.04, for a total value of $130,520.00. Following the completion of the transaction, the chief financial officer now directly owns 372,226 shares of the company’s stock, valued at approximately $3,737,149.04. This trade represents a 3.37 % decrease in their position. The disclosure for this sale can be found here. 0.52% of the stock is owned by insiders.

AGNC Investment Stock Up 0.0 %

AGNC opened at $10.43 on Friday. AGNC Investment Corp. has a fifty-two week low of $8.92 and a fifty-two week high of $10.85. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. The company has a market capitalization of $9.54 billion, a P/E ratio of 10.75 and a beta of 1.48. The stock has a fifty day moving average of $9.82 and a 200-day moving average of $9.92.

AGNC Investment (NASDAQ:AGNC) last posted its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. On average, equities analysts expect that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

The business also recently declared a feb 25 dividend, which will be paid on Tuesday, March 11th. Investors of record on Friday, February 28th will be paid a $0.12 dividend. This represents a yield of 13.8%. The ex-dividend date of this dividend is Friday, February 28th. AGNC Investment’s dividend payout ratio (DPR) is presently 148.45%.

Analyst Ratings Changes

AGNC has been the subject of several analyst reports. StockNews.com raised shares of AGNC Investment from a “sell” rating to a “hold” rating in a research note on Tuesday, February 25th. Wells Fargo & Company cut their price target on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Argus raised AGNC Investment to a “hold” rating in a report on Tuesday, February 4th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $11.00 price target on shares of AGNC Investment in a report on Thursday, January 30th. Finally, JPMorgan Chase & Co. cut their price target on AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a report on Monday, December 9th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $10.50.

AGNC Investment 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).