Dudley Capital Management LLC Has $122,000 Holdings in AGNC Investment Corp. (NASDAQ:AGNC)

Dudley Capital Management LLC trimmed its holdings in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 12.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). 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 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Financial Life Planners bought a new position in AGNC Investment in the fourth quarter valued at approximately $28,000. Point72 Asset Management L.P. acquired a new stake in AGNC Investment during the 3rd quarter worth $32,000. Spire Wealth Management lifted its holdings in 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 worth $37,000 after acquiring an additional 1,972 shares in the last quarter. Avior Wealth Management LLC grew its stake in AGNC Investment by 413.8% in the fourth quarter. Avior Wealth Management LLC now owns 8,853 shares of the real estate investment trust’s stock valued at $82,000 after acquiring an additional 7,130 shares during the period. Finally, Jones Financial Companies Lllp increased its holdings in shares of AGNC Investment by 31.0% in the fourth quarter. Jones Financial Companies Lllp now owns 9,823 shares of the real estate investment trust’s stock worth $90,000 after acquiring an additional 2,326 shares in the last quarter. 38.28% of the stock is owned by institutional investors.

Analysts Set New Price Targets

AGNC has been the topic of a number of research analyst reports. Royal Bank of Canada restated an “outperform” rating and set a $11.00 price objective on shares of AGNC Investment in a report on Thursday, January 30th. Wells Fargo & Company lowered their target price on AGNC Investment from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Argus raised AGNC Investment to a “hold” rating in a research report on Tuesday, February 4th. JPMorgan Chase & Co. decreased their target price on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a research note on Monday, December 9th. Finally, StockNews.com upgraded shares of AGNC Investment from a “sell” rating to a “hold” rating in a research note on Tuesday, February 25th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, AGNC Investment presently has a consensus rating of “Moderate Buy” and an average target price of $10.50.

Insider Activity at AGNC Investment

In other news, CFO Bernice Bell sold 13,000 shares of the company’s stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $10.04, for a total transaction of $130,520.00. Following the completion of the transaction, the chief financial officer now directly owns 372,226 shares in the company, valued at approximately $3,737,149.04. This represents a 3.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Frances Spark sold 5,000 shares of AGNC Investment stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total value of $50,500.00. Following the sale, the director now directly owns 75,919 shares in the company, valued at $766,781.90. The trade was a 6.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.42% of the stock is currently owned by insiders.

AGNC Investment Trading Down 0.4 %

Shares of AGNC Investment stock opened at $10.13 on Tuesday. 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 12-month low of $8.92 and a 12-month high of $10.85. The company has a market capitalization of $9.27 billion, a price-to-earnings ratio of 10.44 and a beta of 1.50. The firm’s 50-day moving average price is $10.12 and its two-hundred day moving average price is $9.93.

AGNC Investment (NASDAQ:AGNC) last issued its earnings results 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%. On average, analysts forecast that AGNC Investment Corp. will post 1.61 earnings per share for the current fiscal year.

AGNC Investment Announces Dividend

The business also recently declared a mar 25 dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Monday, March 31st will be paid 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 currently 148.45%.

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).