Van ECK Associates Corp Acquires 53,339 Shares of Dynex Capital, Inc. (NYSE:DX)

Van ECK Associates Corp raised its holdings in Dynex Capital, Inc. (NYSE:DX) by 25.6% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 261,384 shares of the real estate investment trust’s stock after purchasing an additional 53,339 shares during the period. Van ECK Associates Corp owned approximately 0.76% of Dynex Capital worth $4,877,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Citigroup Inc. lifted its position in shares of Dynex Capital by 1,155.3% during the 2nd quarter. Citigroup Inc. now owns 55,108 shares of the real estate investment trust’s stock valued at $1,028,000 after acquiring an additional 50,718 shares during the period. WINTON GROUP Ltd raised its position in shares of Dynex Capital by 30.7% in the 2nd quarter. WINTON GROUP Ltd now owns 123,689 shares of the real estate investment trust’s stock valued at $2,308,000 after buying an additional 29,075 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in shares of Dynex Capital by 30.2% during the 2nd quarter. O Shaughnessy Asset Management LLC now owns 10,151 shares of the real estate investment trust’s stock worth $189,000 after acquiring an additional 2,352 shares during the period. Resources Investment Advisors LLC. boosted its position in shares of Dynex Capital by 20.3% during the 2nd quarter. Resources Investment Advisors LLC. now owns 12,025 shares of the real estate investment trust’s stock worth $224,000 after acquiring an additional 2,025 shares in the last quarter. Finally, Rhumbline Advisers increased its stake in Dynex Capital by 32.1% in the second quarter. Rhumbline Advisers now owns 38,329 shares of the real estate investment trust’s stock valued at $715,000 after acquiring an additional 9,314 shares during the last quarter. Institutional investors and hedge funds own 46.72% of the company’s stock.

Shares of DX stock opened at $17.50 on Friday. Dynex Capital, Inc. has a fifty-two week low of $14.52 and a fifty-two week high of $20.51. The stock’s fifty day moving average price is $17.64 and its two-hundred day moving average price is $18.72. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.48 and a current ratio of 1.48. The company has a market cap of $605.36 million, a PE ratio of 2.92 and a beta of 1.24.

Dynex Capital (NYSE:DX) last released its quarterly earnings data on Wednesday, July 28th. The real estate investment trust reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.04. Dynex Capital had a return on equity of 12.44% and a net margin of 242.43%. On average, equities analysts predict that Dynex Capital, Inc. will post 1.9 EPS for the current fiscal year.

The business also recently declared a monthly dividend, which will be paid on Friday, October 1st. Investors of record on Wednesday, September 22nd will be issued a dividend of $0.13 per share. This represents a $1.56 annualized dividend and a dividend yield of 8.91%. The ex-dividend date of this dividend is Tuesday, September 21st. Dynex Capital’s dividend payout ratio (DPR) is presently 80.41%.

About Dynex Capital

Dynex Capital, Inc is an internally managed mortgage real estate investment trust, which invests in residential and commercial mortgage-backed securities on a leveraged basis. It primarily invests in Agency and non-Agency mortgage-backed securities (MBS) consisting of residential MBS (RMBS), commercial MBS (CMBS), and CMBS interest-only (IO) securities.

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Institutional Ownership by Quarter for Dynex Capital (NYSE:DX)

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