Vaughan Nelson Investment Management L.P. Purchases 2,589,020 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Vaughan Nelson Investment Management L.P. increased its holdings in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 18.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,996,741 shares of the real estate investment trust's stock after buying an additional 2,589,020 shares during the period. AGNC Investment comprises about 1.6% of Vaughan Nelson Investment Management L.P.'s holdings, making the stock its 15th largest position. Vaughan Nelson Investment Management L.P. owned about 1.86% of AGNC Investment worth $162,828,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Yousif Capital Management LLC grew its holdings in shares of AGNC Investment by 4.8% during the 4th quarter. Yousif Capital Management LLC now owns 33,854 shares of the real estate investment trust's stock worth $312,000 after purchasing an additional 1,551 shares during the period. Stephens Inc. AR boosted its stake in shares of AGNC Investment by 7.8% during the 4th quarter. Stephens Inc. AR now owns 41,009 shares of the real estate investment trust's stock valued at $378,000 after buying an additional 2,954 shares during the last quarter. Summit Trail Advisors LLC raised its position in shares of AGNC Investment by 42.6% during the 4th quarter. Summit Trail Advisors LLC now owns 14,456 shares of the real estate investment trust's stock valued at $135,000 after acquiring an additional 4,315 shares in the last quarter. Blue Trust Inc. raised its position in shares of AGNC Investment by 304.6% during the 4th quarter. Blue Trust Inc. now owns 15,800 shares of the real estate investment trust's stock valued at $146,000 after acquiring an additional 11,895 shares in the last quarter. Finally, Rhumbline Advisers increased its position in AGNC Investment by 4.8% in the fourth quarter. Rhumbline Advisers now owns 729,565 shares of the real estate investment trust's stock worth $6,719,000 after buying an additional 33,700 shares during the period. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CEO Peter J. Federico sold 48,333 shares of the firm's stock in a transaction that occurred on Monday, April 28th. The stock was sold at an average price of $8.88, for a total value of $429,197.04. Following the completion of the sale, the chief executive officer now directly owns 1,643,088 shares of the company's stock, valued at $14,590,621.44. This trade represents a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Kenneth L. Pollack sold 17,500 shares of the firm's stock in a transaction that occurred on Tuesday, April 29th. The shares were sold at an average price of $9.03, for a total value of $158,025.00. Following the completion of the sale, the executive vice president now directly owns 447,841 shares of the company's stock, valued at approximately $4,044,004.23. The trade was a 3.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 139,384 shares of company stock worth $1,228,039. 0.42% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

AGNC has been the topic of a number of research analyst reports. Wall Street Zen lowered AGNC Investment from a "hold" rating to a "sell" rating in a report on Tuesday, May 6th. Jones Trading decreased their price objective on AGNC Investment from $10.25 to $9.50 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Argus reiterated a "hold" rating on shares of AGNC Investment in a report on Tuesday, April 29th. JPMorgan Chase & Co. reduced their target price on AGNC Investment from $9.50 to $8.50 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Finally, Keefe, Bruyette & Woods cut their price target on AGNC Investment from $10.25 to $9.50 and set an "outperform" rating for the company in a report on Tuesday, June 3rd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $9.75.

AGNC Investment Price Performance

AGNC Investment stock traded down $0.10 on Friday, reaching $9.30. The company's stock had a trading volume of 23,729,797 shares, compared to its average volume of 21,516,220. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. AGNC Investment Corp. has a twelve month low of $7.85 and a twelve month high of $10.85. The company has a market cap of $9.49 billion, a price-to-earnings ratio of 9.59 and a beta of 1.29. The business's fifty day moving average price is $8.85 and its 200 day moving average price is $9.46.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.44 EPS for the quarter, beating analysts' consensus estimates of $0.41 by $0.03. AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. The business had revenue of $846.00 million during the quarter, compared to the consensus estimate of $436.71 million. During the same quarter in the prior year, the company posted $0.58 earnings per share. Equities analysts expect that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The company also recently disclosed a jun 25 dividend, which will be paid on Thursday, July 10th. Investors of record on Monday, June 30th will be issued a dividend of $0.12 per share. The ex-dividend date is Monday, June 30th. This represents a dividend yield of 15.5%. AGNC Investment's payout ratio is presently 360.00%.

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).