Weaver Consulting Group Acquires Shares of 12,357 Dynex Capital, Inc. (NYSE:DX)

Weaver Consulting Group bought a new position in shares of Dynex Capital, Inc. (NYSE:DX) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 12,357 shares of the real estate investment trust’s stock, valued at approximately $156,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of New York Mellon Corp grew its stake in Dynex Capital by 26.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 218,120 shares of the real estate investment trust’s stock valued at $2,604,000 after buying an additional 45,679 shares during the last quarter. Rhumbline Advisers grew its position in shares of Dynex Capital by 13.7% in the second quarter. Rhumbline Advisers now owns 102,866 shares of the real estate investment trust’s stock valued at $1,228,000 after purchasing an additional 12,406 shares during the last quarter. Victory Capital Management Inc. increased its stake in shares of Dynex Capital by 11.3% during the second quarter. Victory Capital Management Inc. now owns 1,956,032 shares of the real estate investment trust’s stock worth $23,355,000 after purchasing an additional 199,337 shares during the period. Prevail Innovative Wealth Advisors LLC acquired a new stake in Dynex Capital during the 2nd quarter worth approximately $735,000. Finally, Renaissance Technologies LLC boosted its stake in Dynex Capital by 267.7% in the 2nd quarter. Renaissance Technologies LLC now owns 132,000 shares of the real estate investment trust’s stock valued at $1,576,000 after purchasing an additional 96,100 shares during the period. 38.34% of the stock is currently owned by institutional investors.

Dynex Capital Stock Performance

Shares of NYSE DX opened at $12.55 on Wednesday. Dynex Capital, Inc. has a one year low of $11.36 and a one year high of $13.13. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.20 and a quick ratio of 1.20. The firm has a market cap of $995.27 million, a price-to-earnings ratio of 9.96 and a beta of 1.30. The stock’s fifty day moving average price is $12.50 and its two-hundred day moving average price is $12.39.

Dynex Capital (NYSE:DX) last announced its earnings results on Monday, October 21st. The real estate investment trust reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.39). Dynex Capital had a negative return on equity of 4.80% and a net margin of 28.83%. The business had revenue of $83.46 million for the quarter, compared to analyst estimates of $4.92 million. During the same quarter in the previous year, the company earned ($0.28) EPS. On average, equities analysts forecast that Dynex Capital, Inc. will post 1.03 EPS for the current year.

Dynex Capital Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, January 7th. Investors of record on Thursday, January 2nd were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a $1.80 annualized dividend and a yield of 14.34%. Dynex Capital’s dividend payout ratio is 142.86%.

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.