A number of other research firms have also recently weighed in on DX. Zacks Investment Research upgraded Dynex Capital from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 2nd. LADENBURG THALM/SH SH cut Dynex Capital from a “buy” rating to a “neutral” rating and set a $18.21 price target for the company. in a report on Thursday, May 2nd. Three equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $19.82.
NYSE DX traded down $0.19 on Thursday, reaching $16.15. The company had a trading volume of 416,727 shares, compared to its average volume of 333,456. The firm has a market capitalization of $401.02 million, a price-to-earnings ratio of 7.37 and a beta of 0.61. Dynex Capital has a 1 year low of $15.78 and a 1 year high of $19.62. The firm’s 50-day moving average is $15.25.
Institutional investors have recently added to or reduced their stakes in the company. Whitener Capital Management Inc. purchased a new position in shares of Dynex Capital during the 2nd quarter valued at approximately $33,000. Parallel Advisors LLC boosted its stake in shares of Dynex Capital by 268.5% during the 1st quarter. Parallel Advisors LLC now owns 5,240 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 3,818 shares during the last quarter. Catalyst Capital Advisors LLC purchased a new position in shares of Dynex Capital during the 1st quarter valued at approximately $33,000. Joseph P. Lucia & Associates LLC purchased a new position in shares of Dynex Capital during the 1st quarter valued at approximately $1,350,000. Finally, Meeder Asset Management Inc. boosted its stake in shares of Dynex Capital by 130.0% during the 1st quarter. Meeder Asset Management Inc. now owns 8,943 shares of the real estate investment trust’s stock valued at $54,000 after buying an additional 5,054 shares during the last quarter.
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.
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