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

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

Several other institutional investors also recently modified their holdings of the stock. Signaturefd LLC boosted its holdings in shares of Dynex Capital by 305.9% during the 3rd quarter. Signaturefd LLC now owns 2,204 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 1,661 shares in the last quarter. Squarepoint Ops LLC bought a new position in Dynex Capital in the second quarter valued at about $128,000. Hilton Capital Management LLC acquired a new stake in shares of Dynex Capital during the third quarter valued at about $142,000. Walleye Capital LLC bought a new stake in shares of Dynex Capital during the third quarter worth about $155,000. Finally, Creative Planning acquired a new position in shares of Dynex Capital in the third quarter valued at approximately $175,000. 38.34% of the stock is currently owned by institutional investors and hedge funds.

Dynex Capital Stock Down 0.4 %

Shares of NYSE DX opened at $12.55 on Wednesday. The company has a 50 day simple moving average of $12.50 and a 200 day simple moving average of $12.39. 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, Inc. has a 1 year low of $11.36 and a 1 year high of $13.13. The firm has a market cap of $995.27 million, a PE ratio of 9.96 and a beta of 1.30.

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

Dynex Capital Announces Dividend

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

Dynex Capital 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.