Clayton Partners LLC Buys Shares of 109,926 Dynex Capital, Inc. (NYSE:DX)

Clayton Partners LLC purchased a new position in shares of Dynex Capital, Inc. (NYSE:DX) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 109,926 shares of the real estate investment trust’s stock, valued at approximately $1,313,000. Clayton Partners LLC owned 0.17% of Dynex Capital as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC increased its stake in shares of Dynex Capital by 3.1% during the second quarter. International Assets Investment Management LLC now owns 32,458 shares of the real estate investment trust’s stock valued at $388,000 after acquiring an additional 972 shares during the period. Cambridge Advisors Inc. increased its position in shares of Dynex Capital by 5.9% during the 1st quarter. Cambridge Advisors Inc. now owns 18,000 shares of the real estate investment trust’s stock valued at $224,000 after purchasing an additional 1,000 shares during the period. Kovack Advisors Inc. raised its stake in shares of Dynex Capital by 7.2% in the 1st quarter. Kovack Advisors Inc. now owns 16,978 shares of the real estate investment trust’s stock worth $211,000 after buying an additional 1,135 shares in the last quarter. State Board of Administration of Florida Retirement System lifted its holdings in shares of Dynex Capital by 8.6% in the first quarter. State Board of Administration of Florida Retirement System now owns 16,754 shares of the real estate investment trust’s stock valued at $203,000 after buying an additional 1,330 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its stake in Dynex Capital by 15.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 16,259 shares of the real estate investment trust’s stock valued at $203,000 after buying an additional 2,134 shares in the last quarter. Institutional investors own 38.34% of the company’s stock.

Dynex Capital Price Performance

NYSE DX opened at $12.88 on Friday. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.02. Dynex Capital, Inc. has a 1 year low of $9.57 and a 1 year high of $13.13. The company has a market cap of $962.26 million, a PE ratio of 11.01 and a beta of 1.33. The stock’s 50-day moving average price is $12.41 and its two-hundred day moving average price is $12.20.

Dynex Capital (NYSE:DX) last released its quarterly earnings results 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 net margin of 4.63% and a negative return on equity of 6.08%. The firm had revenue of $76.05 million for the quarter. During the same quarter in the prior year, the company earned ($0.27) EPS. On average, analysts predict that Dynex Capital, Inc. will post 1 EPS for the current year.

Dynex Capital Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Monday, September 23rd will be given a $0.13 dividend. The ex-dividend date is Monday, September 23rd. This represents a $1.56 annualized dividend and a dividend yield of 12.11%. Dynex Capital’s dividend payout ratio (DPR) is presently 133.33%.

Analyst Ratings Changes

DX has been the topic of several research reports. 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 reiterated a “market perform” rating on shares of Dynex Capital in a report on Wednesday, August 28th. Finally, Janney Montgomery Scott began coverage on shares of Dynex Capital in a research note on Thursday, June 6th. They set a “buy” rating and a $13.50 target price for the company. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $13.35.

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.