International Assets Investment Management LLC Reduces Stock Holdings in Dynex Capital, Inc. (NYSE:DX)

International Assets Investment Management LLC lessened its position in shares of Dynex Capital, Inc. (NYSE:DX - Free Report) by 92.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 31,739 shares of the real estate investment trust's stock after selling 374,793 shares during the period. International Assets Investment Management LLC's holdings in Dynex Capital were worth $400,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of New York Mellon Corp boosted its holdings in Dynex Capital by 26.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 218,120 shares of the real estate investment trust's stock valued at $2,604,000 after acquiring an additional 45,679 shares during the period. Rhumbline Advisers increased its holdings in shares of Dynex Capital by 13.7% in the 2nd quarter. Rhumbline Advisers now owns 102,866 shares of the real estate investment trust's stock worth $1,228,000 after purchasing an additional 12,406 shares in the last quarter. Renaissance Technologies LLC grew its stake in shares of Dynex Capital by 267.7% in the second quarter. Renaissance Technologies LLC now owns 132,000 shares of the real estate investment trust's stock worth $1,576,000 after acquiring an additional 96,100 shares during the period. EMG Holdings L.P. bought a new stake in shares of Dynex Capital during the 2nd quarter valued at about $4,738,000. Finally, Sei Investments Co. raised its holdings in Dynex Capital by 14.2% in the 2nd quarter. Sei Investments Co. now owns 199,893 shares of the real estate investment trust's stock worth $2,387,000 after purchasing an additional 24,918 shares during the period. 38.34% of the stock is owned by hedge funds and other institutional investors.

Dynex Capital Price Performance

Dynex Capital stock traded down $0.25 during mid-day trading on Friday, hitting $12.25. The stock had a trading volume of 2,099,300 shares, compared to its average volume of 2,019,144. The firm has a market capitalization of $971.47 million, a P/E ratio of 9.72 and a beta of 1.30. The firm's 50 day moving average is $12.52 and its 200 day moving average is $12.40. Dynex Capital, Inc. has a one year low of $11.36 and a one year high of $13.13. 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 (NYSE:DX - Get Free Report) last issued its quarterly earnings results on Monday, October 21st. The real estate investment trust reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.29 by ($0.39). Dynex Capital had a negative return on equity of 4.80% and a net margin of 28.83%. The business had revenue of $83.46 million for the quarter, compared to the consensus estimate of $4.92 million. During the same period in the prior year, the business posted ($0.28) earnings per share. On average, sell-side analysts forecast that Dynex Capital, Inc. will post 1.03 earnings per share for the current fiscal year.

Dynex Capital Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, January 7th. Investors of record on Thursday, January 2nd were given a dividend of $0.15 per share. This represents a $1.80 dividend on an annualized basis and a yield of 14.69%. The ex-dividend date of this dividend was Thursday, January 2nd. Dynex Capital's payout ratio is currently 142.86%.

Dynex Capital Company Profile

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.