TrueMark Investments LLC Sells 73,487 Shares of Dynex Capital, Inc. (NYSE:DX)

TrueMark Investments LLC lessened its holdings in shares of Dynex Capital, Inc. (NYSE:DX - Free Report) by 39.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 114,515 shares of the real estate investment trust's stock after selling 73,487 shares during the period. TrueMark Investments LLC owned 0.14% of Dynex Capital worth $1,449,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of DX. Charles Schwab Investment Management Inc. lifted its position in shares of Dynex Capital by 6.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 652,132 shares of the real estate investment trust's stock worth $8,249,000 after purchasing an additional 42,012 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Dynex Capital by 68.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 105,044 shares of the real estate investment trust's stock valued at $1,340,000 after buying an additional 42,755 shares during the period. Barclays PLC boosted its position in Dynex Capital by 833.2% during the third quarter. Barclays PLC now owns 218,853 shares of the real estate investment trust's stock valued at $2,793,000 after acquiring an additional 195,400 shares during the last quarter. State Street Corp grew its holdings in Dynex Capital by 2.9% during the 3rd quarter. State Street Corp now owns 1,550,115 shares of the real estate investment trust's stock worth $19,977,000 after acquiring an additional 44,302 shares during the period. Finally, Geode Capital Management LLC raised its position in shares of Dynex Capital by 17.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,701,740 shares of the real estate investment trust's stock worth $21,718,000 after acquiring an additional 253,660 shares in the last quarter. Institutional investors own 38.34% of the company's stock.

Dynex Capital Stock Down 1.8 %

NYSE:DX traded down $0.24 on Friday, hitting $13.05. The stock had a trading volume of 4,888,226 shares, compared to its average volume of 2,003,840. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.01. Dynex Capital, Inc. has a 52 week low of $11.36 and a 52 week high of $14.52. The business's fifty day moving average is $13.60 and its 200 day moving average is $12.89. The company has a market cap of $1.18 billion, a PE ratio of 8.87 and a beta of 1.35.

Dynex Capital (NYSE:DX - Get Free Report) last released its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.38 by ($0.28). Dynex Capital had a net margin of 35.65% and a negative return on equity of 2.24%. On average, equities research analysts expect that Dynex Capital, Inc. will post 1.94 EPS for the current fiscal year.

Dynex Capital Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 24th will be issued a dividend of $0.17 per share. The ex-dividend date of this dividend is Monday, March 24th. This represents a $2.04 annualized dividend and a yield of 15.64%. This is an increase from Dynex Capital's previous monthly dividend of $0.15. Dynex Capital's dividend payout ratio is 138.78%.

Analyst Ratings Changes

Several equities research analysts recently commented on DX shares. StockNews.com upgraded Dynex Capital from a "sell" rating to a "hold" rating in a research report on Friday, January 31st. JMP Securities restated a "market perform" rating on shares of Dynex Capital in a report on Thursday, January 23rd. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $13.56.

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.