JPMorgan Chase & Co. Acquires 190,626 Shares of Dynex Capital, Inc. (NYSE:DX)

JPMorgan Chase & Co. grew its position in Dynex Capital, Inc. (NYSE:DX - Free Report) by 95.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 390,100 shares of the real estate investment trust's stock after buying an additional 190,626 shares during the period. JPMorgan Chase & Co. owned 0.49% of Dynex Capital worth $4,978,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in DX. Rhumbline Advisers grew its position in shares of Dynex Capital by 13.7% during the 2nd quarter. Rhumbline Advisers now owns 102,866 shares of the real estate investment trust's stock worth $1,228,000 after buying an additional 12,406 shares during the period. Renaissance Technologies LLC grew its holdings in Dynex Capital by 267.7% during the 2nd 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. acquired a new stake in Dynex Capital during the 2nd quarter worth $4,738,000. Sei Investments Co. raised its position in shares of Dynex Capital by 14.2% during the 2nd quarter. Sei Investments Co. now owns 199,893 shares of the real estate investment trust's stock valued at $2,387,000 after acquiring an additional 24,918 shares during the last quarter. Finally, Clayton Partners LLC acquired a new position in shares of Dynex Capital in the 2nd quarter valued at $1,313,000. Institutional investors own 38.34% of the company's stock.

Dynex Capital Trading Up 0.9 %

Shares of NYSE:DX traded up $0.12 during midday trading on Friday, hitting $12.75. The company had a trading volume of 1,851,684 shares, compared to its average volume of 2,037,520. The firm has a fifty day simple moving average of $12.52 and a 200 day simple moving average of $12.42. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of 10.12 and a beta of 1.30. 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 12 month low of $11.36 and a 12 month high of $13.13.

Dynex Capital (NYSE:DX - Get Free Report) last posted its earnings results on Monday, October 21st. The real estate investment trust reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.39). The company had revenue of $83.46 million for the quarter, compared to analyst estimates of $4.92 million. Dynex Capital had a negative return on equity of 4.80% and a net margin of 28.83%. During the same quarter in the previous year, the firm posted ($0.28) earnings per share. On average, analysts predict that Dynex Capital, Inc. will post 1.03 EPS for the current year.

Dynex Capital Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Thursday, January 23rd will be issued a $0.15 dividend. The ex-dividend date is Thursday, January 23rd. This represents a $1.80 annualized dividend and a yield of 14.12%. Dynex Capital's dividend payout ratio (DPR) is presently 142.86%.

Dynex Capital 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.