Dynex Capital, Inc. (NYSE:DX) Shares Bought by Barclays PLC

Barclays PLC increased its position in Dynex Capital, Inc. (NYSE:DX) by 833.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 218,853 shares of the real estate investment trust’s stock after acquiring an additional 195,400 shares during the period. Barclays PLC owned approximately 0.28% of Dynex Capital worth $2,793,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of DX. Signaturefd LLC raised its position in Dynex Capital by 305.9% during the third quarter. Signaturefd LLC now owns 2,204 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 1,661 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in shares of Dynex Capital during the 2nd quarter worth approximately $81,000. Squarepoint Ops LLC purchased a new stake in Dynex Capital in the 2nd quarter valued at approximately $128,000. Hilton Capital Management LLC acquired a new stake in Dynex Capital during the 3rd quarter valued at $142,000. Finally, Walleye Capital LLC purchased a new position in Dynex Capital during the third quarter worth $155,000. 38.34% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, JMP Securities restated a “market perform” rating on shares of Dynex Capital in a research report on Wednesday, August 28th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $13.56.

Dynex Capital Trading Up 1.1 %

Shares of DX opened at $12.63 on Wednesday. Dynex Capital, Inc. has a fifty-two week low of $11.36 and a fifty-two week high of $13.13. The company has a market capitalization of $1.00 billion, a PE ratio of 10.02 and a beta of 1.31. The stock has a fifty day moving average of $12.49 and a two-hundred day moving average of $12.33. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.20 and a current ratio of 1.20.

Dynex Capital (NYSE:DX) last issued its quarterly earnings results on Monday, October 21st. The real estate investment trust reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.39). Dynex Capital had a negative return on equity of 4.80% and a net margin of 28.83%. The business had revenue of $83.46 million during the quarter, compared to analyst estimates of $4.92 million. During the same period in the previous year, the business posted ($0.28) earnings per share. As a group, analysts forecast that Dynex Capital, Inc. will post 1.03 EPS for the current year.

Dynex Capital Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, January 7th. Investors of record on Thursday, January 2nd will be given a dividend of $0.15 per share. This represents a $1.80 annualized dividend and a yield of 14.25%. The ex-dividend date of this dividend is Thursday, January 2nd. Dynex Capital’s dividend payout ratio (DPR) is 142.86%.

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.