Dynex Capital, Inc. $DX Shares Bought by Swiss National Bank

Swiss National Bank grew its position in shares of Dynex Capital, Inc. (NYSE:DX) by 4.6% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 153,733 shares of the real estate investment trust’s stock after purchasing an additional 6,800 shares during the period. Swiss National Bank owned approximately 0.14% of Dynex Capital worth $2,002,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Amalgamated Bank lifted its stake in Dynex Capital by 50.5% during the first quarter. Amalgamated Bank now owns 2,900 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 973 shares in the last quarter. Arizona State Retirement System lifted its stake in Dynex Capital by 4.9% during the first quarter. Arizona State Retirement System now owns 22,747 shares of the real estate investment trust’s stock worth $296,000 after purchasing an additional 1,065 shares in the last quarter. US Bancorp DE lifted its stake in Dynex Capital by 35.2% during the first quarter. US Bancorp DE now owns 5,134 shares of the real estate investment trust’s stock worth $67,000 after purchasing an additional 1,338 shares in the last quarter. Rhumbline Advisers lifted its stake in Dynex Capital by 1.6% during the first quarter. Rhumbline Advisers now owns 109,285 shares of the real estate investment trust’s stock worth $1,423,000 after purchasing an additional 1,715 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its stake in Dynex Capital by 5.4% during the first quarter. International Assets Investment Management LLC now owns 33,463 shares of the real estate investment trust’s stock worth $436,000 after purchasing an additional 1,724 shares in the last quarter. 38.34% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have commented on DX. Keefe, Bruyette & Woods upped their price target on Dynex Capital from $12.50 to $13.00 and gave the stock an “outperform” rating in a research note on Thursday, July 10th. UBS Group increased their price objective on Dynex Capital from $11.00 to $12.50 and gave the company a “neutral” rating in a research note on Thursday, July 10th. Finally, Jones Trading increased their price objective on Dynex Capital from $12.50 to $13.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $12.83.

Dynex Capital Stock Performance

NYSE:DX opened at $12.4550 on Friday. The firm has a market capitalization of $1.62 billion, a PE ratio of 15.97 and a beta of 0.91. The business’s fifty day moving average price is $12.48 and its 200 day moving average price is $12.69. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.30 and a quick ratio of 1.30. Dynex Capital, Inc. has a 12 month low of $10.79 and a 12 month high of $14.52.

Dynex Capital (NYSE:DX) last posted its earnings results on Monday, July 21st. The real estate investment trust reported $0.22 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.27). The business had revenue of $23.13 million during the quarter, compared to analysts’ expectations of $21.20 million. Dynex Capital had a net margin of 17.27% and a return on equity of 4.19%. On average, sell-side analysts anticipate that Dynex Capital, Inc. will post 1.94 earnings per share for the current fiscal year.

Dynex Capital Dividend Announcement

The firm also recently announced a aug 25 dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 22nd will be issued a $0.17 dividend. This represents a yield of 1,650.0%. The ex-dividend date of this dividend is Friday, August 22nd. Dynex Capital’s dividend payout ratio is 261.54%.

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.