Virtu Financial LLC Acquires Shares of 22,499 Dynex Capital, Inc. (NYSE:DX)

Virtu Financial LLC acquired a new position in shares of Dynex Capital, Inc. (NYSE:DX) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 22,499 shares of the real estate investment trust’s stock, valued at approximately $285,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Dynex Capital by 68.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 105,044 shares of the real estate investment trust’s stock valued at $1,340,000 after purchasing an additional 42,755 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Dynex Capital by 6.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 652,132 shares of the real estate investment trust’s stock worth $8,249,000 after buying an additional 42,012 shares during the last quarter. Barclays PLC boosted its holdings in shares of Dynex Capital by 833.2% in the 3rd quarter. Barclays PLC now owns 218,853 shares of the real estate investment trust’s stock valued at $2,793,000 after buying an additional 195,400 shares in the last quarter. State Street Corp grew its position in shares of Dynex Capital by 2.9% in the 3rd quarter. State Street Corp now owns 1,550,115 shares of the real estate investment trust’s stock valued at $19,977,000 after buying an additional 44,302 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Dynex Capital by 17.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,701,740 shares of the real estate investment trust’s stock valued at $21,718,000 after buying an additional 253,660 shares during the last quarter. Institutional investors and hedge funds own 38.34% of the company’s stock.

Dynex Capital Price Performance

Shares of NYSE:DX opened at $13.27 on Friday. Dynex Capital, Inc. has a one year low of $11.36 and a one year high of $14.52. The stock has a market capitalization of $1.20 billion, a price-to-earnings ratio of 9.02 and a beta of 1.35. The company has a 50-day simple moving average of $13.59 and a 200-day simple moving average of $12.88. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.20 and a current ratio of 1.20.

Dynex Capital (NYSE:DX) last posted its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.10 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.28). Dynex Capital had a net margin of 35.65% and a negative return on equity of 2.24%. On average, analysts predict that Dynex Capital, Inc. will post 1.94 EPS for the current year.

Dynex Capital Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 24th will be issued a dividend of $0.17 per share. The ex-dividend date is Monday, March 24th. This is an increase from Dynex Capital’s previous monthly dividend of $0.15. This represents a $2.04 annualized dividend and a dividend yield of 15.38%. Dynex Capital’s dividend payout ratio (DPR) is currently 138.78%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on DX. StockNews.com raised shares of Dynex Capital from a “sell” rating to a “hold” rating in a research report on Friday, January 31st. JMP Securities reissued a “market perform” rating on shares of Dynex Capital in a report on Thursday, January 23rd. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.56.

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.