International Assets Investment Management LLC Has $400,000 Stock Position in Dynex Capital, Inc. (NYSE:DX)

International Assets Investment Management LLC reduced its stake in Dynex Capital, Inc. (NYSE:DX) by 92.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,739 shares of the real estate investment trust’s stock after selling 374,793 shares during the period. International Assets Investment Management LLC’s holdings in Dynex Capital were worth $400,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of DX. Millennium Management LLC lifted its stake in Dynex Capital by 62.1% in the second quarter. Millennium Management LLC now owns 2,575,848 shares of the real estate investment trust’s stock valued at $30,756,000 after buying an additional 986,471 shares during the period. EMG Holdings L.P. bought a new stake in shares of Dynex Capital during the 2nd quarter worth $4,738,000. Geode Capital Management LLC increased its stake in shares of Dynex Capital by 17.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,701,740 shares of the real estate investment trust’s stock worth $21,718,000 after purchasing an additional 253,660 shares during the last quarter. Wolverine Asset Management LLC grew its stake in shares of Dynex Capital by 933.1% during the 3rd quarter. Wolverine Asset Management LLC now owns 225,302 shares of the real estate investment trust’s stock worth $2,875,000 after acquiring an additional 203,494 shares during the period. Finally, Quest Partners LLC purchased a new stake in shares of Dynex Capital during the 3rd quarter valued at approximately $2,527,000. 38.34% of the stock is currently owned by institutional investors.

Dynex Capital Stock Down 2.0 %

Shares of NYSE DX opened at $12.25 on Friday. The business has a 50-day simple moving average of $12.52 and a two-hundred day simple moving average of $12.40. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.01. Dynex Capital, Inc. has a 52 week low of $11.36 and a 52 week high of $13.13. The company has a market cap of $971.47 million, a P/E ratio of 9.72 and a beta of 1.30.

Dynex Capital (NYSE:DX) last announced its quarterly earnings data on Monday, October 21st. The real estate investment trust reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.39). The firm had revenue of $83.46 million for the quarter, compared to analysts’ expectations 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 prior year, the business posted ($0.28) earnings per share. Research analysts anticipate that Dynex Capital, Inc. will post 1.03 earnings per share for the current fiscal year.

Dynex Capital Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, January 7th. Shareholders of record on Thursday, January 2nd were issued a $0.15 dividend. This represents a $1.80 annualized dividend and a yield of 14.69%. The ex-dividend date was Thursday, January 2nd. Dynex Capital’s dividend payout ratio (DPR) is currently 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.