Charles Schwab Investment Management Inc. Grows Stock Holdings in Dynex Capital, Inc. (NYSE:DX)

Charles Schwab Investment Management Inc. grew its stake in Dynex Capital, Inc. (NYSE:DXFree Report) by 5.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 440,437 shares of the real estate investment trust’s stock after purchasing an additional 23,000 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.78% of Dynex Capital worth $5,514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC raised its stake in Dynex Capital by 1,341.0% during the fourth quarter. International Assets Investment Management LLC now owns 399,520 shares of the real estate investment trust’s stock worth $5,002,000 after purchasing an additional 371,795 shares during the period. Barclays PLC lifted its holdings in Dynex Capital by 334.3% in the third quarter. Barclays PLC now owns 88,941 shares of the real estate investment trust’s stock valued at $1,061,000 after acquiring an additional 68,464 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Dynex Capital by 1.2% in the third quarter. Vanguard Group Inc. now owns 2,918,660 shares of the real estate investment trust’s stock valued at $34,849,000 after acquiring an additional 34,429 shares during the last quarter. Swiss National Bank grew its position in Dynex Capital by 1.5% in the third quarter. Swiss National Bank now owns 118,933 shares of the real estate investment trust’s stock worth $1,420,000 after acquiring an additional 1,700 shares during the period. Finally, CenterBook Partners LP increased its stake in Dynex Capital by 68.7% during the third quarter. CenterBook Partners LP now owns 107,909 shares of the real estate investment trust’s stock worth $1,288,000 after acquiring an additional 43,953 shares during the last quarter. Institutional investors and hedge funds own 38.34% of the company’s stock.

Dynex Capital Stock Performance

NYSE DX opened at $12.34 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.18 and a quick ratio of 1.18. The company has a market cap of $791.73 million, a P/E ratio of 10.55 and a beta of 1.33. The stock has a 50-day moving average of $12.09 and a two-hundred day moving average of $12.21. Dynex Capital, Inc. has a 1-year low of $9.57 and a 1-year high of $13.56.

Dynex Capital Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, June 3rd. Investors of record on Thursday, May 23rd were issued a $0.13 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 12.64%. The ex-dividend date was Wednesday, May 22nd. Dynex Capital’s dividend payout ratio (DPR) is currently 133.33%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on DX shares. Compass Point started coverage on Dynex Capital in a report on Friday, April 12th. They set a “buy” rating and a $14.50 price target for the company. Keefe, Bruyette & Woods lowered their target price on shares of Dynex Capital from $13.50 to $12.25 and set an “outperform” rating for the company in a research note on Tuesday, April 23rd. JMP Securities reissued a “market perform” rating on shares of Dynex Capital in a research note on Thursday, April 18th. Finally, Jonestrading reaffirmed a “buy” rating and set a $14.00 price objective on shares of Dynex Capital in a research report on Monday, April 22nd. One investment 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 an average target price of $13.31.

Check Out Our Latest Stock Report on Dynex Capital

Dynex Capital Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Dynex Capital (NYSE:DX)

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