D. E. Shaw & Co. Inc. bought a new stake in shares of Dynex Capital Inc (NYSE:DX) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 12,303 shares of the real estate investment trust’s stock, valued at approximately $70,000.

Other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. increased its position in shares of Dynex Capital by 6.0% during the fourth quarter. BlackRock Inc. now owns 3,843,486 shares of the real estate investment trust’s stock valued at $21,984,000 after acquiring an additional 216,974 shares in the last quarter. Vanguard Group Inc increased its position in shares of Dynex Capital by 19.6% during the third quarter. Vanguard Group Inc now owns 3,329,780 shares of the real estate investment trust’s stock valued at $21,244,000 after acquiring an additional 544,936 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Dynex Capital by 19.6% during the third quarter. Vanguard Group Inc. now owns 3,329,780 shares of the real estate investment trust’s stock valued at $21,244,000 after acquiring an additional 544,936 shares in the last quarter. LSV Asset Management increased its position in shares of Dynex Capital by 3.2% during the fourth quarter. LSV Asset Management now owns 1,776,741 shares of the real estate investment trust’s stock valued at $10,162,000 after acquiring an additional 54,853 shares in the last quarter. Finally, Northern Trust Corp increased its position in shares of Dynex Capital by 3.3% during the fourth quarter. Northern Trust Corp now owns 762,084 shares of the real estate investment trust’s stock valued at $4,358,000 after acquiring an additional 24,210 shares in the last quarter. Hedge funds and other institutional investors own 46.01% of the company’s stock.

NYSE:DX opened at $6.09 on Friday. Dynex Capital Inc has a 12 month low of $5.57 and a 12 month high of $6.82. The company has a market capitalization of $432.78 million, a price-to-earnings ratio of 8.34 and a beta of 0.59.

Dynex Capital (NYSE:DX) last posted its earnings results on Thursday, February 7th. The real estate investment trust reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.01). Dynex Capital had a return on equity of 14.22% and a net margin of 6.38%. The company had revenue of $12.96 million during the quarter. On average, equities analysts expect that Dynex Capital Inc will post 0.7 earnings per share for the current year.

The business also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 22nd will be given a $0.06 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 11.82%. The ex-dividend date is Thursday, April 18th. Dynex Capital’s dividend payout ratio (DPR) is presently 98.63%.

In related news, CEO Byron L. Boston bought 17,000 shares of the business’s stock in a transaction on Thursday, January 31st. The stock was acquired at an average price of $5.90 per share, with a total value of $100,300.00. Following the transaction, the chief executive officer now owns 611,545 shares in the company, valued at approximately $3,608,115.50. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Stephen J. Benedetti bought 10,000 shares of the business’s stock in a transaction on Thursday, January 31st. The stock was bought at an average cost of $5.90 per share, with a total value of $59,000.00. Following the transaction, the chief financial officer now owns 277,387 shares in the company, valued at approximately $1,636,583.30. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 31,542 shares of company stock valued at $186,098. 3.36% of the stock is currently owned by insiders.

Several equities research analysts recently weighed in on the stock. Zacks Investment Research raised shares of Dynex Capital from a “hold” rating to a “buy” rating and set a $6.75 price target for the company in a research report on Monday, February 11th. TheStreet downgraded shares of Dynex Capital from a “c” rating to a “d+” rating in a research report on Friday, February 8th. Finally, Nomura assumed coverage on shares of Dynex Capital in a research report on Wednesday, March 27th. They set a “buy” rating and a $7.00 price target for the company. Three investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $6.92.

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Dynex Capital 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.

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

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