AGNC Investment Corp. (NASDAQ:AGNC) Shares Bought by Delphi Financial Group Inc.

Delphi Financial Group Inc. increased its stake in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 122.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 309,000 shares of the real estate investment trust's stock after purchasing an additional 170,000 shares during the quarter. AGNC Investment makes up approximately 1.5% of Delphi Financial Group Inc.'s investment portfolio, making the stock its 14th biggest position. Delphi Financial Group Inc.'s holdings in AGNC Investment were worth $2,846,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Financial Life Planners purchased a new stake in shares of AGNC Investment during the fourth quarter worth about $28,000. Point72 Asset Management L.P. bought a new position in shares of AGNC Investment during the 3rd quarter valued at about $32,000. Blue Trust Inc. boosted its holdings in shares of AGNC Investment by 315.9% during the 3rd quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust's stock valued at $37,000 after purchasing an additional 2,966 shares during the last quarter. Spire Wealth Management grew its position in shares of AGNC Investment by 94.5% during the fourth quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust's stock valued at $37,000 after purchasing an additional 1,972 shares in the last quarter. Finally, Strategic Financial Concepts LLC lifted its position in shares of AGNC Investment by 775.6% in the fourth quarter. Strategic Financial Concepts LLC now owns 581,569 shares of the real estate investment trust's stock worth $54,000 after buying an additional 515,148 shares in the last quarter. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

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AGNC Investment Trading Up 0.7 %

Shares of NASDAQ:AGNC traded up $0.07 on Wednesday, hitting $10.29. 18,992,906 shares of the company's stock were exchanged, compared to its average volume of 15,523,153. The stock has a market capitalization of $9.42 billion, a price-to-earnings ratio of 10.61 and a beta of 1.48. AGNC Investment Corp. has a 12 month low of $8.92 and a 12 month high of $10.85. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23. The business's 50 day simple moving average is $9.85 and its two-hundred day simple moving average is $9.92.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last announced its quarterly earnings data 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 net margin of 29.26% and a return on equity of 21.92%. Analysts anticipate that AGNC Investment Corp. will post 1.61 EPS for the current fiscal year.

AGNC Investment Announces Dividend

The company also recently disclosed 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. The ex-dividend date is Friday, February 28th. This represents a yield of 13.8%. AGNC Investment's dividend payout ratio (DPR) is currently 148.45%.

Insiders Place Their Bets

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

Wall Street Analysts Forecast Growth

AGNC has been the topic of several recent research reports. Keefe, Bruyette & Woods decreased their price objective on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a report on Wednesday, January 29th. Royal Bank of Canada reiterated an "outperform" rating and set a $11.00 price objective on shares of AGNC Investment in a research report on Thursday, January 30th. JMP Securities restated a "market perform" rating on shares of AGNC Investment in a report on Thursday, January 23rd. JPMorgan Chase & Co. dropped their price target on AGNC Investment from $10.00 to $9.50 and set an "overweight" rating for the company in a research report on Monday, December 9th. Finally, Argus raised AGNC Investment to a "hold" rating in a research note on Tuesday, February 4th. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $10.50.

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).