Westend Capital Management LLC Has $43,000 Position in Dynex Capital, Inc. (NYSE:DX)

Westend Capital Management LLC increased its holdings in Dynex Capital, Inc. (NYSE:DX) by 37.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,406 shares of the real estate investment trust’s stock after buying an additional 919 shares during the period. Westend Capital Management LLC’s holdings in Dynex Capital were worth $43,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in DX. Signaturefd LLC grew its stake in shares of Dynex Capital by 305.9% during the third quarter. Signaturefd LLC now owns 2,204 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 1,661 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in Dynex Capital by 8.2% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 25,809 shares of the real estate investment trust’s stock valued at $329,000 after buying an additional 1,950 shares during the last quarter. Gladstone Institutional Advisory LLC boosted its position in Dynex Capital by 35.5% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 15,555 shares of the real estate investment trust’s stock worth $198,000 after buying an additional 4,075 shares during the period. MetLife Investment Management LLC grew its holdings in Dynex Capital by 14.6% during the 3rd quarter. MetLife Investment Management LLC now owns 42,357 shares of the real estate investment trust’s stock worth $540,000 after acquiring an additional 5,409 shares during the last quarter. Finally, Van ECK Associates Corp grew its holdings in Dynex Capital by 0.8% during the 3rd quarter. Van ECK Associates Corp now owns 724,876 shares of the real estate investment trust’s stock worth $9,126,000 after acquiring an additional 5,725 shares during the last quarter. 38.34% of the stock is currently owned by institutional investors and hedge funds.

Dynex Capital Trading Up 0.9 %

NYSE DX opened at $12.75 on Friday. The firm has a market capitalization of $1.01 billion, a PE ratio of 10.12 and a beta of 1.30. The business’s 50-day moving average price is $12.52 and its two-hundred day moving average price is $12.42. 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, Inc. has a 12 month low of $11.36 and a 12 month high of $13.13.

Dynex Capital (NYSE:DX) last announced its earnings results on Monday, October 21st. The real estate investment trust reported ($0.10) 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 quarter in the previous year, the company earned ($0.28) EPS. On average, analysts expect that Dynex Capital, Inc. will post 1.03 EPS for the current year.

Dynex Capital Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Thursday, January 23rd will be issued a dividend of $0.15 per share. This represents a $1.80 dividend on an annualized basis and a yield of 14.12%. The ex-dividend date of this dividend is Thursday, January 23rd. Dynex Capital’s dividend payout ratio is currently 142.86%.

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.