Dynex Capital (NYSE:DX) Receives Market Perform Rating from JMP Securities

Dynex Capital (NYSE:DX)‘s stock had its “market perform” rating reiterated by research analysts at JMP Securities in a research report issued to clients and investors on Thursday, Benzinga reports.

Several other research firms have also commented on DX. Compass Point began coverage on shares of Dynex Capital in a research report on Friday, April 12th. They set a “buy” rating and a $14.50 price target for the company. StockNews.com upgraded shares of Dynex Capital to a “sell” rating in a research note on Tuesday, December 26th. Finally, Jonestrading raised their target price on Dynex Capital from $13.00 to $14.00 and gave the stock a “buy” rating in a report on Tuesday, January 30th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $13.63.

Dynex Capital Trading Up 1.9 %

NYSE:DX opened at $11.70 on Thursday. The company has a market cap of $691.53 million, a PE ratio of -41.77 and a beta of 1.33. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.06. The company has a 50 day simple moving average of $12.21 and a two-hundred day simple moving average of $11.93. Dynex Capital has a 12 month low of $9.57 and a 12 month high of $13.56.

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. O Dell Group LLC purchased a new position in Dynex Capital in the 4th quarter worth approximately $25,000. State of Wyoming bought a new position in shares of Dynex Capital during the fourth quarter worth $30,000. Westend Capital Management LLC bought a new position in shares of Dynex Capital during the first quarter worth $35,000. FMR LLC grew its stake in Dynex Capital by 141.0% during 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 in the last quarter. Finally, Clear Street Markets LLC bought a new stake in Dynex Capital in the 4th quarter valued at $39,000. Hedge funds and other institutional investors own 38.34% of the company’s stock.

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.