Dupree Financial Group LLC Acquires New Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Dupree Financial Group LLC acquired a new position in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,178,351 shares of the real estate investment trust's stock, valued at approximately $21,370,000. AGNC Investment accounts for 10.5% of Dupree Financial Group LLC's portfolio, making the stock its biggest holding. Dupree Financial Group LLC owned 0.32% of AGNC Investment as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in AGNC. Coppell Advisory Solutions Corp. acquired a new stake in AGNC Investment during the fourth quarter valued at $27,000. Coppell Advisory Solutions LLC acquired a new stake in AGNC Investment during the second quarter valued at $29,000. Worth Asset Management LLC acquired a new stake in AGNC Investment during the first quarter valued at $35,000. Bruce G. Allen Investments LLC acquired a new stake in AGNC Investment during the fourth quarter valued at $37,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in 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. Institutional investors and hedge funds own 38.28% of the company's stock.

AGNC Investment Stock Up 1.0 %

Shares of AGNC stock traded up $0.09 during trading on Friday, reaching $9.15. The company's stock had a trading volume of 10,174,593 shares, compared to its average volume of 9,706,216. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.26 and a quick ratio of 0.26. The company has a market capitalization of $6.36 billion, a price-to-earnings ratio of 915.92 and a beta of 1.45. The stock's 50-day moving average price is $9.56 and its 200 day moving average price is $9.26. AGNC Investment Corp. has a 1-year low of $6.81 and a 1-year high of $10.64.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its quarterly earnings data on Monday, January 29th. The real estate investment trust reported $0.60 earnings per share for the quarter, beating analysts' consensus estimates of $0.49 by $0.11. The firm had revenue of $640.00 million during the quarter, compared to analysts' expectations of $570.42 million. AGNC Investment had a net margin of 7.59% and a return on equity of 28.02%. During the same quarter in the previous year, the business posted $0.74 earnings per share. On average, research analysts anticipate that AGNC Investment Corp. will post 2.16 EPS for the current year.

AGNC Investment Announces Dividend

The firm also recently disclosed a apr 24 dividend, which will be paid on Thursday, May 9th. Investors of record on Tuesday, April 30th will be issued a $0.12 dividend. This represents a dividend yield of 15.4%. The ex-dividend date of this dividend is Monday, April 29th. AGNC Investment's dividend payout ratio (DPR) is currently 14,414.41%.

Insider Activity at AGNC Investment

In related news, CFO Bernice Bell sold 10,000 shares of AGNC Investment stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $9.85, for a total value of $98,500.00. Following the completion of the transaction, the chief financial officer now owns 287,282 shares in the company, valued at $2,829,727.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.52% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. StockNews.com upgraded shares of AGNC Investment from a "sell" rating to a "hold" rating in a research report on Tuesday, March 12th. Compass Point began coverage on shares of AGNC Investment in a research report on Tuesday, February 20th. They issued a "buy" rating and a $10.25 target price on the stock. JMP Securities reiterated a "market perform" rating on shares of AGNC Investment in a research report on Thursday. Jonestrading began coverage on shares of AGNC Investment in a research report on Friday, March 22nd. They issued a "buy" rating and a $10.75 target price on the stock. Finally, Barclays lifted their target price on shares of AGNC Investment from $8.00 to $9.00 and gave the company an "equal weight" rating in a research report on Monday, January 22nd. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, 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).