Goldman Sachs Group Inc. boosted its position in shares of Dynex Capital, Inc. (NYSE:DX) by 5.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 216,729 shares of the real estate investment trust’s stock after buying an additional 11,954 shares during the quarter. Goldman Sachs Group Inc. owned approximately 0.33% of Dynex Capital worth $1,519,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently bought and sold shares of the company. Wells Fargo & Company MN raised its holdings in Dynex Capital by 45.2% during the 3rd quarter. Wells Fargo & Company MN now owns 68,338 shares of the real estate investment trust’s stock valued at $497,000 after buying an additional 21,272 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Dynex Capital by 47.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 170,531 shares of the real estate investment trust’s stock valued at $1,243,000 after buying an additional 54,604 shares during the last quarter. First Quadrant L P CA raised its holdings in Dynex Capital by 76.5% during the 4th quarter. First Quadrant L P CA now owns 217,001 shares of the real estate investment trust’s stock valued at $1,521,000 after buying an additional 94,023 shares during the last quarter. Cigna Investments Inc. New raised its holdings in Dynex Capital by 205.4% during the 4th quarter. Cigna Investments Inc. New now owns 198,770 shares of the real estate investment trust’s stock valued at $1,393,000 after buying an additional 133,675 shares during the last quarter. Finally, Globeflex Capital L P bought a new stake in Dynex Capital during the 4th quarter valued at $734,000. Institutional investors own 52.70% of the company’s stock.
Shares of Dynex Capital stock opened at $6.51 on Thursday. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.01. The firm has a market cap of $360.11, a price-to-earnings ratio of 8.92 and a beta of 0.62. Dynex Capital, Inc. has a 12-month low of $6.01 and a 12-month high of $7.41.
Dynex Capital (NYSE:DX) last issued its quarterly earnings data on Wednesday, February 21st. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.01. The business had revenue of $14.07 million for the quarter, compared to the consensus estimate of $15.90 million. Dynex Capital had a net margin of 35.86% and a return on equity of 11.04%. During the same period in the previous year, the firm earned $0.20 EPS. analysts forecast that Dynex Capital, Inc. will post 0.71 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 30th. Shareholders of record on Tuesday, April 3rd will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 11.06%. The ex-dividend date is Monday, April 2nd. Dynex Capital’s payout ratio is currently 98.63%.
DX has been the topic of a number of research analyst reports. Zacks Investment Research downgraded shares of Dynex Capital from a “buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. ValuEngine downgraded shares of Dynex Capital from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, March 7th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $7.00 price objective on shares of Dynex Capital in a research report on Friday, February 23rd. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Dynex Capital has a consensus rating of “Buy” and an average target price of $7.50.
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.
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