Dynex Capital’s (DX) “Market Perform” Rating Reiterated at JMP Securities

Dynex Capital (NYSE:DX)‘s stock had its “market perform” rating restated by JMP Securities in a note issued to investors on Thursday,Benzinga reports.

Dynex Capital Trading Up 0.6 %

Shares of Dynex Capital stock traded up $0.08 during trading on Thursday, hitting $12.69. The company’s stock had a trading volume of 225,091 shares, compared to its average volume of 2,030,173. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.20 and a quick ratio of 1.20. Dynex Capital has a 52 week low of $11.36 and a 52 week high of $13.13. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of 10.07 and a beta of 1.30. The stock has a 50-day moving average price of $12.55 and a two-hundred day moving average price of $12.44.

Dynex Capital (NYSE:DX) last issued its quarterly earnings data on Monday, October 21st. The real estate investment trust reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.39). Dynex Capital had a negative return on equity of 4.80% and a net margin of 28.83%. The business had revenue of $83.46 million during the quarter, compared to the consensus estimate of $4.92 million. During the same period in the prior year, the firm earned ($0.28) EPS. Equities research analysts anticipate that Dynex Capital will post 1.03 EPS for the current fiscal year.

Institutional Trading of Dynex Capital

A number of institutional investors have recently bought and sold shares of DX. Signaturefd LLC raised its holdings in 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. Westend Capital Management LLC grew its holdings in shares of Dynex Capital by 37.0% during the fourth quarter. Westend Capital Management LLC now owns 3,406 shares of the real estate investment trust’s stock valued at $43,000 after buying an additional 919 shares during the last quarter. Squarepoint Ops LLC acquired a new position in shares of Dynex Capital during the second quarter valued at about $128,000. Hilton Capital Management LLC acquired a new position in shares of Dynex Capital during the third quarter valued at about $142,000. Finally, Firethorn Wealth Partners LLC acquired a new position in shares of Dynex Capital during the fourth quarter valued at about $148,000. Institutional investors own 38.34% of the company’s stock.

About Dynex Capital

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.