Sei Investments Co. Has $2.39 Million Stock Holdings in Dynex Capital, Inc. (NYSE:DX)

Sei Investments Co. increased its stake in Dynex Capital, Inc. (NYSE:DX) by 14.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 199,893 shares of the real estate investment trust’s stock after purchasing an additional 24,918 shares during the period. Sei Investments Co. owned approximately 0.31% of Dynex Capital worth $2,387,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Westend Capital Management LLC bought a new stake in Dynex Capital during the first quarter worth $35,000. Allspring Global Investments Holdings LLC acquired a new stake in Dynex Capital in the second quarter valued at about $81,000. Valley Brook Capital Group Inc. bought a new position in Dynex Capital in the first quarter valued at about $103,000. ProShare Advisors LLC acquired a new position in Dynex Capital during the first quarter worth about $126,000. Finally, Kraft Davis & Associates LLC bought a new position in shares of Dynex Capital in the first quarter worth about $181,000. Institutional investors and hedge funds own 38.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. StockNews.com cut shares of Dynex Capital from a “hold” rating to a “sell” rating in a research report on Wednesday, July 31st. JMP Securities reaffirmed a “market perform” rating on shares of Dynex Capital in a report on Wednesday, August 28th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Dynex Capital presently has an average rating of “Hold” and a consensus target price of $13.35.

Dynex Capital Stock Down 0.8 %

Shares of NYSE:DX opened at $12.21 on Friday. The firm has a market cap of $783.98 million, a P/E ratio of 10.44 and a beta of 1.33. Dynex Capital, Inc. has a 12-month low of $9.57 and a 12-month high of $13.13. The business has a fifty day simple moving average of $12.42 and a 200 day simple moving average of $12.20. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.02.

Dynex Capital (NYSE:DX) last issued its quarterly earnings data on Monday, July 22nd. The real estate investment trust reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.30). Dynex Capital had a negative return on equity of 6.08% and a net margin of 4.63%. The company had revenue of $76.05 million for the quarter. During the same period last year, the business earned ($0.27) EPS. Analysts predict that Dynex Capital, Inc. will post 1 earnings per share for the current year.

Dynex Capital Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Monday, September 23rd were given a $0.13 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 12.78%. Dynex Capital’s dividend payout ratio (DPR) is currently 133.33%.

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.