AGNC Investment Corp. (NASDAQ:AGNC) Shares Acquired by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. lifted its position in AGNC Investment Corp. (NASDAQ:AGNC) by 6.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,807,050 shares of the real estate investment trust’s stock after acquiring an additional 290,720 shares during the period. Vaughan Nelson Investment Management L.P. owned 0.66% of AGNC Investment worth $45,860,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in AGNC. MeadowBrook Investment Advisors LLC purchased a new position in shares of AGNC Investment in the fourth quarter worth about $30,000. LRI Investments LLC acquired a new stake in AGNC Investment during the first quarter worth about $38,000. Verity & Verity LLC acquired a new stake in AGNC Investment during the first quarter worth about $45,000. BI Asset Management Fondsmaeglerselskab A S purchased a new position in AGNC Investment during the first quarter worth about $53,000. Finally, Montag A & Associates Inc. acquired a new position in AGNC Investment in the 4th quarter valued at about $55,000. 38.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on AGNC shares. Keefe, Bruyette & Woods raised their target price on AGNC Investment from $10.00 to $10.25 and gave the stock an “outperform” rating in a research note on Thursday, July 25th. Jonestrading reduced their price objective on shares of AGNC Investment from $10.75 to $10.25 and set a “buy” rating on the stock in a report on Tuesday, April 23rd. StockNews.com raised shares of AGNC Investment from a “sell” rating to a “hold” rating in a research note on Wednesday. Maxim Group downgraded shares of AGNC Investment from a “buy” rating to a “hold” rating in a research note on Wednesday, July 24th. Finally, Royal Bank of Canada upped their price objective on shares of AGNC Investment from $10.00 to $11.00 and gave the stock an “outperform” rating in a report on Friday. Five analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $10.13.

Insider Buying and Selling

In other news, CFO Bernice Bell sold 5,000 shares of the firm’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $9.97, for a total value of $49,850.00. Following the sale, the chief financial officer now directly owns 308,182 shares in the company, valued at approximately $3,072,574.54. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.52% of the stock is owned by insiders.

AGNC Investment Stock Up 0.6 %

AGNC stock traded up $0.06 during midday trading on Friday, hitting $10.10. The company’s stock had a trading volume of 9,591,533 shares, compared to its average volume of 12,533,795. AGNC Investment Corp. has a 52-week low of $6.81 and a 52-week high of $10.57. The firm has a 50-day simple moving average of $9.93 and a 200-day simple moving average of $9.69. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $7.34 billion, a P/E ratio of 11.10 and a beta of 1.48.

AGNC Investment (NASDAQ:AGNC) last released its earnings results on Monday, July 22nd. The real estate investment trust reported $0.53 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.01). The company had revenue of $695.00 million for the quarter, compared to analyst estimates of $643.29 million. AGNC Investment had a return on equity of 26.78% and a net margin of 16.15%. The company’s revenue for the quarter was up 52.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.67 earnings per share. As a group, equities analysts forecast that AGNC Investment Corp. will post 2.11 EPS for the current year.

AGNC Investment Dividend Announcement

The company also recently announced a aug 24 dividend, which will be paid on Wednesday, September 11th. Investors of record on Friday, August 30th will be issued a $0.12 dividend. The ex-dividend date is Friday, August 30th. This represents a yield of 14.5%. AGNC Investment’s dividend payout ratio (DPR) is 158.24%.

AGNC Investment 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).