Dynex Capital Inc (NYSE:DX) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as high as $15.64. Dynex Capital shares last traded at $15.57, with a volume of 161,769 shares changing hands.

A number of analysts have issued reports on DX shares. ValuEngine downgraded shares of Dynex Capital from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Zacks Investment Research downgraded shares of Dynex Capital from a “hold” rating to a “sell” rating in a report on Monday, August 5th. Finally, LADENBURG THALM/SH SH downgraded shares of Dynex Capital from a “buy” rating to a “neutral” rating and set a $18.21 price objective for the company. in a report on Thursday, May 2nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the stock. Dynex Capital currently has a consensus rating of “Hold” and an average target price of $19.82.

The company has a fifty day moving average of $16.55. The stock has a market capitalization of $382.15 million, a P/E ratio of 7.01 and a beta of 0.61.

Dynex Capital (NYSE:DX) last issued its quarterly earnings results on Wednesday, July 31st. The real estate investment trust reported $0.43 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.49 by ($0.06). Dynex Capital had a positive return on equity of 12.74% and a negative net margin of 157.13%. The firm had revenue of $12.94 million for the quarter. As a group, equities analysts forecast that Dynex Capital Inc will post 1.85 earnings per share for the current year.

The company also recently declared a monthly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 22nd will be issued a dividend of $0.15 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 11.73%. The ex-dividend date is Wednesday, August 21st. Dynex Capital’s dividend payout ratio (DPR) is presently 98.63%.

Institutional investors have recently modified their holdings of the company. Northern Trust Corp lifted its holdings in shares of Dynex Capital by 3.3% during the 4th quarter. Northern Trust Corp now owns 762,084 shares of the real estate investment trust’s stock worth $4,358,000 after acquiring an additional 24,210 shares during the period. Squarepoint Ops LLC lifted its holdings in shares of Dynex Capital by 245.3% during the 4th quarter. Squarepoint Ops LLC now owns 38,810 shares of the real estate investment trust’s stock worth $222,000 after acquiring an additional 27,570 shares during the period. First Trust Advisors LP lifted its holdings in shares of Dynex Capital by 75.4% during the 1st quarter. First Trust Advisors LP now owns 188,675 shares of the real estate investment trust’s stock worth $1,149,000 after acquiring an additional 81,084 shares during the period. D. E. Shaw & Co. Inc. bought a new stake in shares of Dynex Capital during the 4th quarter worth approximately $70,000. Finally, Marshall Wace LLP lifted its holdings in shares of Dynex Capital by 170.8% during the 1st quarter. Marshall Wace LLP now owns 762,568 shares of the real estate investment trust’s stock worth $4,645,000 after acquiring an additional 480,933 shares during the period.

About Dynex Capital (NYSE:DX)

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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