Barclays PLC boosted its position in shares of Dynex Capital, Inc. (NYSE:DX - Free Report) by 833.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 218,853 shares of the real estate investment trust's stock after buying an additional 195,400 shares during the period. Barclays PLC owned 0.28% of Dynex Capital worth $2,793,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of DX. Signaturefd LLC increased its stake in shares of Dynex Capital by 305.9% during the third quarter. Signaturefd LLC now owns 2,204 shares of the real estate investment trust's stock worth $28,000 after acquiring an additional 1,661 shares during the period. Allspring Global Investments Holdings LLC acquired a new position in Dynex Capital during the 2nd quarter worth approximately $81,000. Squarepoint Ops LLC acquired a new position in Dynex Capital during the 2nd quarter worth approximately $128,000. Hilton Capital Management LLC purchased a new position in shares of Dynex Capital during the 3rd quarter worth approximately $142,000. Finally, Walleye Capital LLC acquired a new stake in shares of Dynex Capital in the 3rd quarter valued at approximately $155,000. Institutional investors and hedge funds own 38.34% of the company's stock.
Wall Street Analyst Weigh In
Separately, JMP Securities reissued a "market perform" rating on shares of Dynex Capital in a research note on Wednesday, August 28th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Dynex Capital has an average rating of "Moderate Buy" and an average price target of $13.56.
Check Out Our Latest Stock Analysis on DX
Dynex Capital Stock Up 1.1 %
NYSE:DX traded up $0.14 during trading hours on Wednesday, hitting $12.63. The stock had a trading volume of 522,299 shares, compared to its average volume of 1,582,573. The company has a market cap of $1.00 billion, a PE ratio of 10.02 and a beta of 1.31. The business has a 50 day simple moving average of $12.49 and a two-hundred day simple moving average of $12.34. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.01. Dynex Capital, Inc. has a 1-year low of $11.36 and a 1-year high of $13.13.
Dynex Capital (NYSE:DX - Get Free Report) last posted its quarterly earnings data on Monday, October 21st. The real estate investment trust reported ($0.10) EPS for the quarter, missing analysts' consensus estimates of $0.29 by ($0.39). Dynex Capital had a net margin of 28.83% and a negative return on equity of 4.80%. The company had revenue of $83.46 million for the quarter, compared to the consensus estimate of $4.92 million. During the same quarter last year, the company earned ($0.28) earnings per share. Analysts predict that Dynex Capital, Inc. will post 1.03 EPS for the current year.
Dynex Capital Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Tuesday, January 7th. Shareholders of record on Thursday, January 2nd will be issued a $0.15 dividend. The ex-dividend date is Thursday, January 2nd. This represents a $1.80 dividend on an annualized basis and a yield of 14.25%. Dynex Capital's dividend payout ratio is currently 142.86%.
Dynex Capital Company Profile
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Free Report)
Dynex Capital, Inc, a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) on a leveraged basis in the United States. It invests in agency and non-agency MBS consisting of residential MBS, commercial MBS (CMBS), and CMBS interest-only securities. Agency MBS have a guaranty of principal payment by an agency of the U.S.
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