Dudley Capital Management LLC Sells 1,950 Shares of AGNC Investment Corp. (NASDAQ:AGNC)

Dudley Capital Management LLC lessened its position in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 12.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 13,200 shares of the real estate investment trust’s stock after selling 1,950 shares during the period. Dudley Capital Management LLC’s holdings in AGNC Investment were worth $122,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of AGNC. Vanguard Group Inc. grew its holdings in AGNC Investment by 14.1% during the fourth quarter. Vanguard Group Inc. now owns 83,316,872 shares of the real estate investment trust’s stock worth $767,348,000 after buying an additional 10,316,999 shares in the last quarter. PL Capital Advisors LLC lifted its position in shares of AGNC Investment by 821.0% during the fourth quarter. PL Capital Advisors LLC now owns 5,464,956 shares of the real estate investment trust’s stock valued at $50,332,000 after purchasing an additional 4,871,584 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of AGNC Investment during the 4th quarter worth approximately $39,840,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of AGNC Investment by 115.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,912,694 shares of the real estate investment trust’s stock worth $20,007,000 after buying an additional 1,023,275 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its position in shares of AGNC Investment by 383.7% during the third quarter. BNP Paribas Financial Markets now owns 949,369 shares of the real estate investment trust’s stock valued at $9,930,000 after acquiring an additional 753,102 shares during the last quarter. Institutional investors own 38.28% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on AGNC shares. StockNews.com raised AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, February 25th. JPMorgan Chase & Co. lowered their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a research report on Monday, December 9th. JMP Securities reaffirmed a “market perform” rating on shares of AGNC Investment in a report on Thursday, January 23rd. Argus upgraded AGNC Investment to a “hold” rating in a research note on Tuesday, February 4th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $11.00 price target on shares of AGNC Investment in a research note on Thursday, January 30th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $10.50.

AGNC Investment Trading Down 0.4 %

AGNC Investment stock opened at $10.13 on Tuesday. The stock has a market cap of $9.27 billion, a P/E ratio of 10.44 and a beta of 1.50. AGNC Investment Corp. has a fifty-two week low of $8.92 and a fifty-two week high of $10.85. The firm’s fifty day moving average price is $10.12 and its 200-day moving average price is $9.93. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. Equities research analysts forecast that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The firm also recently disclosed a mar 25 dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Monday, March 31st will be issued a $0.12 dividend. The ex-dividend date is Monday, March 31st. This represents a dividend yield of 14.1%. AGNC Investment’s payout ratio is 148.45%.

Insider Activity

In other news, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $10.10, for a total value of $50,500.00. Following the transaction, the director now owns 75,919 shares in the company, valued at approximately $766,781.90. The trade was a 6.18 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Bernice Bell sold 13,000 shares of the business’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 approximately $3,737,149.04. This trade represents a 3.37 % decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is owned by corporate insiders.

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).