Vaughan Nelson Investment Management L.P. Purchases 9,639,675 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Vaughan Nelson Investment Management L.P. raised its holdings in AGNC Investment Corp. (NASDAQ:AGNC - Free Report) by 200.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,446,725 shares of the real estate investment trust's stock after acquiring an additional 9,639,675 shares during the quarter. AGNC Investment accounts for about 1.3% of Vaughan Nelson Investment Management L.P.'s portfolio, making the stock its 21st biggest holding. Vaughan Nelson Investment Management L.P. owned 1.85% of AGNC Investment worth $151,113,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. US Bancorp DE boosted its holdings in shares of AGNC Investment by 26.3% in the first quarter. US Bancorp DE now owns 62,676 shares of the real estate investment trust's stock worth $620,000 after buying an additional 13,041 shares during the period. Avantax Advisory Services Inc. boosted its holdings in shares of AGNC Investment by 6.7% in the first quarter. Avantax Advisory Services Inc. now owns 16,847 shares of the real estate investment trust's stock worth $167,000 after buying an additional 1,059 shares during the period. Intech Investment Management LLC acquired a new position in shares of AGNC Investment in the first quarter worth about $149,000. Vanguard Group Inc. boosted its holdings in shares of AGNC Investment by 3.7% in the first quarter. Vanguard Group Inc. now owns 65,735,466 shares of the real estate investment trust's stock worth $650,781,000 after buying an additional 2,368,658 shares during the period. Finally, Osaic Holdings Inc. boosted its holdings in shares of AGNC Investment by 8.1% in the first quarter. Osaic Holdings Inc. now owns 1,173,849 shares of the real estate investment trust's stock worth $11,622,000 after buying an additional 87,938 shares during the period. 38.28% of the stock is owned by institutional investors and hedge funds.

AGNC Investment Stock Up 0.7 %

AGNC traded up $0.07 during midday trading on Friday, hitting $9.58. 16,035,925 shares of the company's stock traded hands, compared to its average volume of 25,187,812. AGNC Investment Corp. has a one year low of $8.57 and a one year high of $10.85. The company has a market cap of $8.48 billion, a PE ratio of 6.65 and a beta of 1.47. 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 stock's fifty day simple moving average is $10.09 and its 200-day simple moving average is $9.96.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its quarterly earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing analysts' consensus estimates of $0.47 by ($0.04). AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. The business had revenue of $756.00 million for the quarter, compared to analyst estimates of $219.50 million. During the same quarter in the prior year, the firm earned $0.65 EPS. As a group, equities analysts anticipate that AGNC Investment Corp. will post 1.94 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The firm also recently declared a nov 24 dividend, which will be paid on Tuesday, December 10th. Investors of record on Friday, November 29th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a dividend yield of 14.9%. AGNC Investment's dividend payout ratio is 100.00%.

Analysts Set New Price Targets

Several brokerages have commented on AGNC. Compass Point raised their target price on shares of AGNC Investment from $10.25 to $11.00 and gave the stock a "buy" rating in a report on Wednesday, July 24th. Wells Fargo & Company upgraded shares of AGNC Investment from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $10.00 to $12.00 in a report on Friday, September 20th. JMP Securities restated a "market perform" rating on shares of AGNC Investment in a report on Wednesday, August 28th. Keefe, Bruyette & Woods raised their price target on shares of AGNC Investment from $10.00 to $10.25 and gave the stock an "outperform" rating in a report on Thursday, July 25th. Finally, Maxim Group cut shares of AGNC Investment from a "buy" rating to a "hold" rating in a report on Wednesday, July 24th. One analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $10.33.

About AGNC Investment

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).