First Quadrant L P CA grew its stake in Dynex Capital Inc (NYSE:DX) by 76.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 217,001 shares of the real estate investment trust’s stock after purchasing an additional 94,023 shares during the period. First Quadrant L P CA’s holdings in Dynex Capital were worth $1,521,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of DX. OxFORD Asset Management LLP lifted its stake in shares of Dynex Capital by 191.6% in the 2nd quarter. OxFORD Asset Management LLP now owns 235,641 shares of the real estate investment trust’s stock valued at $1,673,000 after purchasing an additional 154,845 shares during the last quarter. Hillsdale Investment Management Inc. lifted its stake in shares of Dynex Capital by 89.0% during the 3rd quarter. Hillsdale Investment Management Inc. now owns 266,500 shares of the real estate investment trust’s stock worth $1,937,000 after acquiring an additional 125,500 shares during the last quarter. Citadel Advisors LLC lifted its stake in shares of Dynex Capital by 30.6% during the 3rd quarter. Citadel Advisors LLC now owns 268,772 shares of the real estate investment trust’s stock worth $1,954,000 after acquiring an additional 63,049 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Dynex Capital by 2.9% during the 2nd quarter. Vanguard Group Inc. now owns 2,120,969 shares of the real estate investment trust’s stock worth $15,059,000 after acquiring an additional 60,328 shares during the last quarter. Finally, Thrivent Financial For Lutherans bought a new stake in shares of Dynex Capital during the 2nd quarter worth approximately $410,000. 36.26% of the stock is owned by institutional investors and hedge funds.

Shares of Dynex Capital Inc (NYSE:DX) opened at $6.73 on Monday. Dynex Capital Inc has a one year low of $6.58 and a one year high of $7.41. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $450.32, a P/E ratio of 4.67 and a beta of 0.81.

Dynex Capital (NYSE:DX) last issued its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.19 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.01. Dynex Capital had a return on equity of 11.08% and a net margin of 86.86%. The firm had revenue of $13.21 million during the quarter, compared to analyst estimates of $15.36 million. During the same period last year, the company earned $0.20 EPS. Dynex Capital’s quarterly revenue was down 12.3% compared to the same quarter last year. analysts anticipate that Dynex Capital Inc will post 0.72 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Friday, December 29th will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 10.70%. The ex-dividend date of this dividend is Thursday, December 28th. Dynex Capital’s dividend payout ratio is currently 50.00%.

A number of brokerages recently issued reports on DX. Zacks Investment Research raised Dynex Capital from a “hold” rating to a “buy” rating and set a $8.00 price target for the company in a research note on Tuesday, December 12th. Ladenburg Thalmann Financial Services reissued a “buy” rating and set a $7.50 price target on shares of Dynex Capital in a research note on Tuesday, October 10th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $7.25 price target on shares of Dynex Capital in a research note on Friday, October 6th. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $7.58.

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About Dynex Capital

Dynex Capital, Inc is an internally managed mortgage real estate investment trust, which invests in residential and commercial mortgage securities on a leveraged basis. The Company’s objective is to provide attractive risk-adjusted returns to its shareholders over the long term that is reflective of a leveraged fixed income portfolio with a focus on capital preservation.

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

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