Vaughan Nelson Investment Management L.P. Invests $38.59 Million in AGNC Investment Corp. (NASDAQ:AGNC)

Vaughan Nelson Investment Management L.P. acquired a new stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 3,933,970 shares of the real estate investment trust's stock, valued at approximately $38,593,000. Vaughan Nelson Investment Management L.P. owned about 0.59% of AGNC Investment as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Coppell Advisory Solutions Corp. bought a new stake in AGNC Investment in the fourth quarter valued at approximately $27,000. Coppell Advisory Solutions LLC purchased a new position in shares of AGNC Investment during the second quarter valued at approximately $29,000. Worth Asset Management LLC purchased a new position in shares of AGNC Investment during the first quarter valued at approximately $35,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of AGNC Investment by 128.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,580 shares of the real estate investment trust's stock valued at $37,000 after buying an additional 2,015 shares during the period. Finally, Bruce G. Allen Investments LLC purchased a new position in shares of AGNC Investment during the fourth quarter valued at approximately $37,000. Institutional investors own 38.28% of the company's stock.

Insider Activity

In other news, CFO Bernice Bell sold 10,000 shares of the company's stock in a transaction on Friday, January 26th. The stock was sold at an average price of $9.85, for a total transaction of $98,500.00. Following the transaction, the chief financial officer now directly owns 287,282 shares of the company's stock, valued at $2,829,727.70. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.52% of the company's stock.

AGNC Investment Stock Up 0.1 %

AGNC Investment stock traded up $0.01 during mid-day trading on Friday, hitting $9.66. The company had a trading volume of 6,043,353 shares, compared to its average volume of 9,241,088. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.01. The stock's 50 day moving average price is $9.60 and its two-hundred day moving average price is $9.26. AGNC Investment Corp. has a 12 month low of $6.81 and a 12 month high of $10.64. The company has a market capitalization of $6.71 billion, a PE ratio of 966.97 and a beta of 1.45.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its earnings results on Monday, January 29th. The real estate investment trust reported $0.60 EPS for the quarter, topping the consensus estimate of $0.49 by $0.11. The business had revenue of $640.00 million for the quarter, compared to the consensus estimate of $570.42 million. AGNC Investment had a return on equity of 28.02% and a net margin of 7.59%. During the same period in the previous year, the company posted $0.74 earnings per share. As a group, sell-side analysts anticipate that AGNC Investment Corp. will post 2.16 earnings per share for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently declared a mar 24 dividend, which will be paid on Tuesday, April 9th. Stockholders of record on Friday, March 29th will be issued a dividend of $0.12 per share. This represents a dividend yield of 14.8%. The ex-dividend date is Wednesday, March 27th. AGNC Investment's payout ratio is currently 14,414.41%.

Analysts Set New Price Targets

Several research firms have recently issued reports on AGNC. Jonestrading began coverage on AGNC Investment in a research note on Friday, March 22nd. They set a "buy" rating and a $10.75 target price on the stock. StockNews.com raised AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, March 12th. Compass Point began coverage on AGNC Investment in a research note on Tuesday, February 20th. They issued a "buy" rating and a $10.25 price target on the stock. Keefe, Bruyette & Woods upped their price target on AGNC Investment from $8.50 to $10.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 13th. Finally, Barclays upped their price target on AGNC Investment from $8.00 to $9.00 and gave the stock an "equal weight" rating in a research note on Monday, January 22nd. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $9.93.

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).