Vaughan Nelson Investment Management L.P. Has $151.11 Million Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Vaughan Nelson Investment Management L.P. lifted its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 200.5% during the 3rd quarter, HoldingsChannel reports. The fund owned 14,446,725 shares of the real estate investment trust’s stock after purchasing an additional 9,639,675 shares during the period. AGNC Investment comprises approximately 1.3% of Vaughan Nelson Investment Management L.P.’s portfolio, making the stock its 21st largest holding. Vaughan Nelson Investment Management L.P.’s holdings in AGNC Investment were worth $151,113,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of AGNC Investment by 3.7% during 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 purchasing an additional 2,368,658 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in AGNC Investment by 2.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 8,237,964 shares of the real estate investment trust’s stock worth $86,169,000 after acquiring an additional 189,444 shares during the last quarter. Equity Investment Corp increased its position in AGNC Investment by 3.7% in the 2nd quarter. Equity Investment Corp now owns 7,124,392 shares of the real estate investment trust’s stock valued at $67,967,000 after acquiring an additional 253,821 shares during the period. Victory Capital Management Inc. raised its stake in shares of AGNC Investment by 1.0% during the second quarter. Victory Capital Management Inc. now owns 5,316,724 shares of the real estate investment trust’s stock valued at $50,722,000 after acquiring an additional 54,153 shares during the last quarter. Finally, Natixis Advisors LLC lifted its holdings in shares of AGNC Investment by 314.8% during the third quarter. Natixis Advisors LLC now owns 3,842,814 shares of the real estate investment trust’s stock worth $40,196,000 after purchasing an additional 2,916,345 shares during the period. Institutional investors own 38.28% of the company’s stock.

AGNC Investment Stock Performance

Shares of AGNC stock opened at $9.58 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. AGNC Investment Corp. has a 52 week low of $8.57 and a 52 week high of $10.85. The firm has a 50 day moving average of $10.09 and a 200-day moving average of $9.96. The company has a market cap of $8.48 billion, a price-to-earnings ratio of 6.65 and a beta of 1.47.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings results on Monday, October 21st. The real estate investment trust reported $0.43 EPS 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 company had revenue of $756.00 million during the quarter, compared to analyst estimates of $219.50 million. During the same quarter in the previous year, the business posted $0.65 earnings per share. On average, equities analysts forecast that AGNC Investment Corp. will post 1.94 earnings per share for the current year.

AGNC Investment Announces Dividend

The company also recently declared a nov 24 dividend, which will be paid on Tuesday, December 10th. Investors of record on Friday, November 29th will be paid a dividend of $0.12 per share. This represents a yield of 14.9%. The ex-dividend date of this dividend is Friday, November 29th. AGNC Investment’s dividend payout ratio (DPR) is currently 100.00%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on AGNC. Maxim Group downgraded AGNC Investment from a “buy” rating to a “hold” rating in a report on Wednesday, July 24th. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research note on Wednesday, August 28th. Keefe, Bruyette & Woods lifted their price objective on AGNC Investment from $10.00 to $10.25 and gave the stock an “outperform” rating in a research note on Thursday, July 25th. Wells Fargo & Company raised shares of AGNC Investment from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $10.00 to $12.00 in a research report on Friday, September 20th. Finally, Compass Point boosted their price target on shares of AGNC Investment from $10.25 to $11.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $10.33.

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).