Barclays PLC Raises Holdings in Dynex Capital, Inc. (NYSE:DX)

Barclays PLC grew its stake in shares of Dynex Capital, Inc. (NYSE:DX - Free Report) by 20.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 264,439 shares of the real estate investment trust's stock after acquiring an additional 45,586 shares during the quarter. Barclays PLC owned about 0.33% of Dynex Capital worth $3,344,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position in Dynex Capital by 95.6% during the third quarter. JPMorgan Chase & Co. now owns 390,100 shares of the real estate investment trust's stock valued at $4,978,000 after acquiring an additional 190,626 shares during the last quarter. Weaver Consulting Group purchased a new stake in shares of Dynex Capital during the 4th quarter valued at about $156,000. Westend Capital Management LLC lifted its stake in shares of Dynex Capital by 37.0% in the 4th quarter. Westend Capital Management LLC now owns 3,406 shares of the real estate investment trust's stock worth $43,000 after purchasing an additional 919 shares during the period. Cambridge Advisors Inc. boosted its holdings in shares of Dynex Capital by 7.6% in the fourth quarter. Cambridge Advisors Inc. now owns 18,400 shares of the real estate investment trust's stock worth $233,000 after buying an additional 1,300 shares during the last quarter. Finally, SG Americas Securities LLC grew its position in Dynex Capital by 35.5% during the fourth quarter. SG Americas Securities LLC now owns 34,668 shares of the real estate investment trust's stock valued at $439,000 after buying an additional 9,092 shares during the period. 38.34% of the stock is currently owned by institutional investors.

Dynex Capital Price Performance

Dynex Capital stock traded down $0.01 during mid-day trading on Friday, hitting $12.18. The stock had a trading volume of 2,162,497 shares, compared to its average volume of 2,317,002. Dynex Capital, Inc. has a one year low of $10.79 and a one year high of $14.52. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $1.17 billion, a P/E ratio of 8.29 and a beta of 1.14. The firm's 50 day moving average is $12.90 and its 200 day moving average is $12.79.

Dynex Capital (NYSE:DX - Get Free Report) last released its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.20 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.06. The firm had revenue of $17.13 million during the quarter, compared to analyst estimates of $11.41 million. Dynex Capital had a negative return on equity of 2.24% and a net margin of 35.65%. On average, sell-side analysts forecast that Dynex Capital, Inc. will post 1.94 earnings per share for the current fiscal year.

Dynex Capital Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, May 1st. Stockholders of record on Wednesday, April 23rd were given a dividend of $0.17 per share. This represents a $2.04 annualized dividend and a dividend yield of 16.75%. The ex-dividend date of this dividend was Wednesday, April 23rd. Dynex Capital's payout ratio is currently 264.94%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on DX. Keefe, Bruyette & Woods dropped their price target on shares of Dynex Capital from $13.25 to $12.50 and set an "outperform" rating on the stock in a research note on Tuesday, April 8th. Jones Trading lowered their target price on Dynex Capital from $13.25 to $12.50 and set a "buy" rating on the stock in a research report on Monday, April 21st. StockNews.com cut Dynex Capital from a "hold" rating to a "sell" rating in a research report on Thursday, April 24th. Finally, JMP Securities reaffirmed a "market perform" rating on shares of Dynex Capital in a research report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Dynex Capital presently has an average rating of "Hold" and an average target price of $12.83.

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.