Nisa Investment Advisors LLC Sells 5,932 Shares of Dynex Capital, Inc. (NYSE:DX)

Nisa Investment Advisors LLC lessened its holdings in Dynex Capital, Inc. (NYSE:DX) by 20.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 23,663 shares of the real estate investment trust’s stock after selling 5,932 shares during the period. Nisa Investment Advisors LLC’s holdings in Dynex Capital were worth $296,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. State of Wyoming bought a new stake in shares of Dynex Capital in the 4th quarter valued at approximately $30,000. PNC Financial Services Group Inc. lifted its position in Dynex Capital by 1,862.0% in the first quarter. PNC Financial Services Group Inc. now owns 2,688 shares of the real estate investment trust’s stock worth $44,000 after buying an additional 2,551 shares during the last quarter. Clear Street Markets LLC bought a new position in Dynex Capital during the fourth quarter valued at $39,000. FMR LLC raised its stake in shares of Dynex Capital by 141.0% in the first quarter. FMR LLC now owns 3,210 shares of the real estate investment trust’s stock valued at $39,000 after acquiring an additional 1,878 shares during the period. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of Dynex Capital by 432.6% in the 3rd quarter. Tower Research Capital LLC TRC now owns 7,334 shares of the real estate investment trust’s stock worth $88,000 after acquiring an additional 5,957 shares during the last quarter. Hedge funds and other institutional investors own 38.34% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on DX. Compass Point started coverage on shares of Dynex Capital in a research report on Friday, April 12th. They issued a “buy” rating and a $14.50 price objective on the stock. Jonestrading increased their price target on Dynex Capital from $13.00 to $14.00 and gave the stock a “buy” rating in a report on Tuesday, January 30th. JMP Securities restated a “market perform” rating on shares of Dynex Capital in a report on Thursday. Finally, StockNews.com upgraded Dynex Capital to a “sell” rating in a research note on Tuesday, December 26th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $13.63.

Dynex Capital Stock Down 0.3 %

Shares of NYSE:DX opened at $11.49 on Friday. The business’s 50 day moving average is $12.22 and its 200 day moving average is $11.93. The stock has a market cap of $679.11 million, a P/E ratio of -41.02 and a beta of 1.33. Dynex Capital, Inc. has a 52-week low of $9.57 and a 52-week high of $13.56. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.06.

Dynex Capital (NYSE:DX) last posted its quarterly earnings results on Monday, January 29th. The real estate investment trust reported ($0.24) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.06). The firm had revenue of $71.19 million for the quarter. Dynex Capital had a negative return on equity of 6.04% and a negative net margin of 2.95%.

Dynex Capital Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Tuesday, April 23rd will be issued a $0.13 dividend. The ex-dividend date of this dividend is Monday, April 22nd. This represents a $1.56 annualized dividend and a dividend yield of 13.58%. Dynex Capital’s dividend payout ratio is currently -557.12%.

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.