From MarketBeat: Dynex Capital (NYSE:DX) Raised to Sell at StockNews.com
From MarketBeat:
Dynex Capital (NYSE:DX) was upgraded by StockNews.com to a “sell” rating, and various investment analysts have given the company different ratings. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $13.63. The company’s stock traded at $12.72 on Tuesday with a market cap of $720.59 million. Dynex Capital reported earnings per share of ($0.28) for the last quarter.
Institutional investors and hedge funds have been buying and selling shares of the business. Vanguard Group Inc. increased its holdings in Dynex Capital by 1.2% in the third quarter. Deutsche Bank AG and other companies have also increased their stakes. About Dynex Capital, it is a mortgage real estate investment trust that invests in mortgage-backed securities on a leveraged basis in the US.
This news alert was generated by narrative science technology and financial data to provide readers with fast and accurate reporting. Dynex Capital was not among the top five stocks that top-rated analysts are quietly whispering to their clients to buy now. If you want to generate income with your stock portfolio, you can use ten stocks to produce a safe and reliable source of investment income.
Read more: Dynex Capital (NYSE:DX) Raised to Sell at StockNews.com