Dynex Capital, Inc. (NYSE:DX) Shares Bought by Squarepoint Ops LLC

Squarepoint Ops LLC grew its stake in shares of Dynex Capital, Inc. (NYSE:DX) by 91.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,263 shares of the real estate investment trust’s stock after purchasing an additional 9,178 shares during the quarter. Squarepoint Ops LLC’s holdings in Dynex Capital were worth $244,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. State of Wyoming lifted its stake in shares of Dynex Capital by 66.4% during the fourth quarter. State of Wyoming now owns 21,594 shares of the real estate investment trust’s stock worth $273,000 after purchasing an additional 8,617 shares in the last quarter. ProShare Advisors LLC lifted its stake in shares of Dynex Capital by 58.2% in the fourth quarter. ProShare Advisors LLC now owns 22,239 shares of the real estate investment trust’s stock worth $281,000 after acquiring an additional 8,181 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Dynex Capital by 6.1% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,427,121 shares of the real estate investment trust’s stock worth $18,053,000 after acquiring an additional 81,510 shares in the last quarter. FJ Capital Management LLC lifted its stake in shares of Dynex Capital by 26.6% in the fourth quarter. FJ Capital Management LLC now owns 93,068 shares of the real estate investment trust’s stock worth $1,177,000 after acquiring an additional 19,561 shares in the last quarter. Finally, Deutsche Bank AG lifted its stake in shares of Dynex Capital by 61.0% in the fourth quarter. Deutsche Bank AG now owns 58,405 shares of the real estate investment trust’s stock worth $739,000 after acquiring an additional 22,136 shares in the last quarter. Institutional investors and hedge funds own 38.34% of the company’s stock.

Dynex Capital Stock Up 0.5%

Shares of Dynex Capital stock opened at $12.16 on Friday. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.01. The firm has a market cap of $1.30 billion, a P/E ratio of 8.27 and a beta of 0.93. Dynex Capital, Inc. has a fifty-two week low of $10.79 and a fifty-two week high of $14.52. The business has a 50-day moving average price of $12.07 and a 200 day moving average price of $12.75.

Dynex Capital (NYSE:DX) last announced its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.06. The firm had revenue of $17.13 million during the quarter, compared to analyst estimates of $11.41 million. Dynex Capital had a negative return on equity of 2.24% and a net margin of 35.65%. On average, sell-side analysts forecast that Dynex Capital, Inc. will post 1.94 earnings per share for the current fiscal year.

Dynex Capital Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, June 2nd. Investors of record on Friday, May 23rd were issued a $0.17 dividend. This represents a $2.04 annualized dividend and a yield of 16.78%. The ex-dividend date was Friday, May 23rd. Dynex Capital’s dividend payout ratio is currently 264.94%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Wall Street Zen cut Dynex Capital from a “hold” rating to a “sell” rating in a research note on Thursday, April 24th. Keefe, Bruyette & Woods cut their price target on Dynex Capital from $13.25 to $12.50 and set an “outperform” rating on the stock in a research note on Tuesday, April 8th. Finally, Jones Trading cut their price target on Dynex Capital from $13.25 to $12.50 and set a “buy” rating on the stock in a research note on Monday, April 21st.

About Dynex Capital

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.