Dynex Capital, Inc. (NYSE:DX) Shares Bought by Deutsche Bank AG

Deutsche Bank AG increased its position in shares of Dynex Capital, Inc. (NYSE:DX - Free Report) by 61.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 58,405 shares of the real estate investment trust's stock after purchasing an additional 22,136 shares during the quarter. Deutsche Bank AG owned 0.07% of Dynex Capital worth $739,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of DX. Sterling Capital Management LLC raised its position in Dynex Capital by 838.9% during the fourth quarter. Sterling Capital Management LLC now owns 2,488 shares of the real estate investment trust's stock valued at $31,000 after acquiring an additional 2,223 shares in the last quarter. New Age Alpha Advisors LLC purchased a new stake in shares of Dynex Capital in the fourth quarter valued at approximately $43,000. PNC Financial Services Group Inc. increased its position in shares of Dynex Capital by 87.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,642 shares of the real estate investment trust's stock valued at $46,000 after buying an additional 1,700 shares in the last quarter. US Bancorp DE increased its position in shares of Dynex Capital by 567.1% in the fourth quarter. US Bancorp DE now owns 3,796 shares of the real estate investment trust's stock valued at $48,000 after buying an additional 3,227 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its position in shares of Dynex Capital by 452.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 7,204 shares of the real estate investment trust's stock valued at $91,000 after buying an additional 5,901 shares in the last quarter. Institutional investors and hedge funds own 38.34% of the company's stock.

Analysts Set New Price Targets

DX has been the subject of a number of recent analyst reports. Wall Street Zen cut Dynex Capital from a "hold" rating to a "sell" rating in a research report on Thursday, April 24th. Jones Trading lowered their price target on Dynex Capital from $13.25 to $12.50 and set a "buy" rating on the stock in a research note on Monday, April 21st. Finally, Keefe, Bruyette & Woods lowered their price target on Dynex Capital from $13.25 to $12.50 and set an "outperform" rating on the stock in a research note on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Dynex Capital currently has a consensus rating of "Hold" and an average target price of $12.83.

Dynex Capital Stock Up 0.5%

NYSE DX traded up $0.07 during trading hours on Thursday, hitting $12.12. 3,160,417 shares of the company were exchanged, compared to its average volume of 2,482,094. The company has a 50 day moving average of $12.24 and a two-hundred day moving average of $12.77. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.01. Dynex Capital, Inc. has a 52-week low of $10.79 and a 52-week high of $14.52. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 8.24 and a beta of 0.92.

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 EPS for the quarter, beating analysts' consensus estimates of $0.14 by $0.06. Dynex Capital had a negative return on equity of 2.24% and a net margin of 35.65%. The business had revenue of $17.13 million for the quarter, compared to the consensus estimate of $11.41 million. Equities research analysts anticipate that Dynex Capital, Inc. will post 1.94 earnings per share for the current year.

Dynex Capital Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, June 2nd. Investors of record on Friday, May 23rd will be paid a dividend of $0.17 per share. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $2.04 dividend on an annualized basis and a yield of 16.84%. Dynex Capital's dividend payout ratio is presently 264.94%.

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.