31,738 Shares in Dynex Capital, Inc. (NYSE:DX) Purchased by Caxton Associates LP

Caxton Associates LP purchased a new stake in Dynex Capital, Inc. (NYSE:DX - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 31,738 shares of the real estate investment trust's stock, valued at approximately $401,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of DX. Sterling Capital Management LLC grew its holdings in Dynex Capital by 838.9% in the 4th quarter. Sterling Capital Management LLC now owns 2,488 shares of the real estate investment trust's stock worth $31,000 after buying an additional 2,223 shares in the last quarter. Westend Capital Management LLC increased its stake in shares of Dynex Capital by 37.0% in the fourth 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. New Age Alpha Advisors LLC acquired a new stake in Dynex Capital during the fourth quarter worth about $43,000. PNC Financial Services Group Inc. grew its position in Dynex Capital by 87.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,642 shares of the real estate investment trust's stock worth $46,000 after buying an additional 1,700 shares in the last quarter. Finally, US Bancorp DE boosted its holdings in Dynex Capital by 567.1% during the fourth quarter. US Bancorp DE now owns 3,796 shares of the real estate investment trust's stock valued at $48,000 after purchasing an additional 3,227 shares in the last quarter. Institutional investors and hedge funds own 38.34% of the company's stock.

Dynex Capital Stock Performance

Dynex Capital stock traded up $0.11 during trading hours on Monday, hitting $12.54. The company had a trading volume of 3,121,985 shares, compared to its average volume of 2,356,327. Dynex Capital, Inc. has a one year low of $10.79 and a one year high of $14.52. The firm has a 50-day moving average of $12.73 and a 200 day moving average of $12.78. The firm has a market cap of $1.34 billion, a PE ratio of 8.53 and a beta of 0.92. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.20 and a quick ratio of 1.20.

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

Dynex Capital Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, May 1st. Shareholders of record on Wednesday, April 23rd were paid a $0.17 dividend. This represents a $2.04 annualized dividend and a yield of 16.27%. The ex-dividend date of this dividend was Wednesday, April 23rd. Dynex Capital's dividend payout ratio (DPR) is currently 264.94%.

Wall Street Analysts Forecast Growth

DX has been the subject of several research analyst reports. StockNews.com cut shares of Dynex Capital from a "hold" rating to a "sell" rating in a research report on Thursday, April 24th. Keefe, Bruyette & Woods reduced their target price on shares of Dynex Capital from $13.25 to $12.50 and set an "outperform" rating for the company in a research note on Tuesday, April 8th. JMP Securities restated a "market perform" rating on shares of Dynex Capital in a research note on Thursday, January 23rd. Finally, Jones Trading lowered their price target on shares of Dynex Capital from $13.25 to $12.50 and set a "buy" rating on the stock in a report on Monday, April 21st. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target 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.