55,325 Shares in Dynex Capital, Inc. (NYSE:DX) Bought by XTX Topco Ltd

XTX Topco Ltd acquired a new stake in shares of Dynex Capital, Inc. (NYSE:DX - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 55,325 shares of the real estate investment trust's stock, valued at approximately $700,000. XTX Topco Ltd owned about 0.07% of Dynex Capital as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in DX. Barclays PLC lifted its holdings in shares of Dynex Capital by 20.8% in the fourth quarter. Barclays PLC now owns 264,439 shares of the real estate investment trust's stock worth $3,344,000 after buying an additional 45,586 shares in the last quarter. Sterling Capital Management LLC lifted its holdings in shares of Dynex Capital by 838.9% in the fourth 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. Raymond James Financial Inc. purchased a new stake in shares of Dynex Capital in the fourth quarter worth about $1,510,000. Legal & General Group Plc lifted its holdings in shares of Dynex Capital by 10.4% in the fourth quarter. Legal & General Group Plc now owns 82,458 shares of the real estate investment trust's stock worth $1,043,000 after buying an additional 7,740 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of Dynex Capital by 9.4% in the fourth quarter. Invesco Ltd. now owns 1,270,019 shares of the real estate investment trust's stock worth $16,066,000 after buying an additional 108,747 shares in the last quarter. 38.34% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DX has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods lowered their price target on shares of Dynex Capital from $13.25 to $12.50 and set an "outperform" rating on the stock in a report on Tuesday, April 8th. JMP Securities reissued a "market perform" rating on shares of Dynex Capital in a research note on Thursday, January 23rd. Jones Trading decreased 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. Finally, StockNews.com upgraded shares of Dynex Capital from a "sell" rating to a "hold" rating in a research report on Friday, January 31st. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $12.83.

Dynex Capital Price Performance

Shares of Dynex Capital stock traded up $0.11 on Wednesday, hitting $11.75. 2,376,079 shares of the company traded hands, compared to its average volume of 3,467,333. The firm's 50-day simple moving average is $13.16 and its 200 day simple moving average is $12.79. 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 company has a market cap of $1.13 billion, a P/E ratio of 7.99 and a beta of 1.14. Dynex Capital, Inc. has a 12-month low of $10.79 and a 12-month high of $14.52.

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

Dynex Capital Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Wednesday, April 23rd will be given a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 17.36%. The ex-dividend date of this dividend is Wednesday, April 23rd. Dynex Capital's payout ratio is presently 138.78%.

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.