Schonfeld Strategic Advisors LLC Purchases 70,100 Shares of Dynex Capital, Inc. (NYSE:DX)

Schonfeld Strategic Advisors LLC grew its stake in shares of Dynex Capital, Inc. (NYSE:DX - Free Report) by 174.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 110,300 shares of the real estate investment trust's stock after acquiring an additional 70,100 shares during the quarter. Schonfeld Strategic Advisors LLC owned about 0.14% of Dynex Capital worth $1,395,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of DX. Vanguard Group Inc. grew its position in Dynex Capital by 6.4% during the 4th quarter. Vanguard Group Inc. now owns 4,317,400 shares of the real estate investment trust's stock valued at $54,615,000 after purchasing an additional 260,798 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Dynex Capital by 8.0% during the fourth quarter. Geode Capital Management LLC now owns 1,838,020 shares of the real estate investment trust's stock valued at $23,256,000 after buying an additional 136,280 shares during the last quarter. Invesco Ltd. increased its position in shares of Dynex Capital by 9.4% during the fourth quarter. Invesco Ltd. now owns 1,270,019 shares of the real estate investment trust's stock valued at $16,066,000 after acquiring an additional 108,747 shares in the last quarter. Mesirow Institutional Investment Management Inc. raised its holdings in Dynex Capital by 29.1% in the 4th quarter. Mesirow Institutional Investment Management Inc. now owns 1,059,976 shares of the real estate investment trust's stock worth $13,409,000 after acquiring an additional 239,053 shares during the last quarter. Finally, Van ECK Associates Corp lifted its position in Dynex Capital by 20.4% in the 4th quarter. Van ECK Associates Corp now owns 873,111 shares of the real estate investment trust's stock valued at $11,045,000 after acquiring an additional 148,235 shares in the last quarter. Hedge funds and other institutional investors own 38.34% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. StockNews.com cut Dynex Capital from a "hold" rating to a "sell" rating in a research report on Thursday, April 24th. Jones Trading lowered their target price on shares of Dynex Capital from $13.25 to $12.50 and set a "buy" rating on the stock in a research note on Monday, April 21st. Keefe, Bruyette & Woods reduced their price target 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. Finally, JMP Securities reissued a "market perform" rating on shares of Dynex Capital in a report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, Dynex Capital currently has a consensus rating of "Hold" and an average target price of $12.83.

Dynex Capital Stock Performance

DX stock traded up $0.10 during trading on Monday, reaching $12.53. The stock had a trading volume of 1,296,229 shares, compared to its average volume of 2,348,745. The stock's 50 day moving average is $12.73 and its two-hundred day moving average is $12.78. The firm has a market cap of $1.34 billion, a PE ratio of 8.51 and a beta of 0.92. Dynex Capital, Inc. has a 52 week low of $10.79 and a 52 week 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.

Dynex Capital (NYSE:DX - Get Free Report) last released its quarterly earnings results on Monday, April 21st. The real estate investment trust reported $0.20 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $11.41 million. As a group, equities analysts anticipate that Dynex Capital, Inc. will post 1.94 earnings per share for the current year.

Dynex Capital Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, May 1st. Stockholders of record on Wednesday, April 23rd were paid a $0.17 dividend. This represents a $2.04 annualized dividend and a dividend yield of 16.29%. The ex-dividend date was Wednesday, April 23rd. Dynex Capital's dividend payout ratio (DPR) is currently 264.94%.

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.