Chairman, CEO and 10% Owner of Dynex Capital Inc. (DX) Thomas B. Akin bought 25,088 shares on 08/02/2011 at an average price of $9.12. The total transaction amount is $228,803. Dynex Capital Inc. and its subsidiaries and affiliates is a mortgage and consumer finance company which uses its loan production operations to create investments for its portfolio. Dynex Capital Inc. has a market cap of $361.9 million; its shares were traded at around $8.97 with a P/E ratio of 6.5 and P/S ratio of 7.5. The dividend yield of Dynex Capital Inc. stocks is 12.1%.
Dynex Capital recently reported its second quarter 2011 results. Net interest income increased to $15.0 million for the second quarter of 2011 versus $7.9 million for the second quarter of 2010. Most of the increase is attributable to growth in average interest earning investments to $2,357.3 million for the second quarter of 2011 from $941.0 million for the second quarter of 2010, partially offset by a decline in the yield on interest earning assets.
Thomas Akin has been has been a director of Dynex Cpital since May 2003. He also founded and was the managing member of Talkot Capital LLC From 1981 to 1994 and held various positions at Merrill Lynch.
Bryon Boston, chief investment officer, stated, "With respect to Agency RMBS, we continue to believe that the long-term structural shift in the mortgage market toward tighter underwriting standards has reduced the probability of an extreme prepayment event, thus improving the risk-return profile of these securities."
John Keeley owns 41,570 shares as of 03/31/2011, an increase of 29.22% from the previous quarter. This position accounts for 0.01% of the $6.54 billion portfolio of Keeley Fund Management.
Director Barry Igdaloff bought 14,000 shares of DX stock on 08/02/2011 at the average price of $9.02. Barry Igdaloff owns at least 329,293 shares after this. The price of the stock has decreased by 0.55% since. Director Barry Igdaloff bought 7,800 shares of DX stock on 05/17/2011 at the average price of 9.68. Barry Igdaloff owns at least 315,293 shares after this. The price of the stock has decreased by 7.33% since. Other insiders have also increased their positions in the company.
Dynex Capital has a predictability rating of 1 Star.
Dynex Capital recently reported its second quarter 2011 results. Net interest income increased to $15.0 million for the second quarter of 2011 versus $7.9 million for the second quarter of 2010. Most of the increase is attributable to growth in average interest earning investments to $2,357.3 million for the second quarter of 2011 from $941.0 million for the second quarter of 2010, partially offset by a decline in the yield on interest earning assets.
Thomas Akin has been has been a director of Dynex Cpital since May 2003. He also founded and was the managing member of Talkot Capital LLC From 1981 to 1994 and held various positions at Merrill Lynch.
Bryon Boston, chief investment officer, stated, "With respect to Agency RMBS, we continue to believe that the long-term structural shift in the mortgage market toward tighter underwriting standards has reduced the probability of an extreme prepayment event, thus improving the risk-return profile of these securities."
John Keeley owns 41,570 shares as of 03/31/2011, an increase of 29.22% from the previous quarter. This position accounts for 0.01% of the $6.54 billion portfolio of Keeley Fund Management.
Director Barry Igdaloff bought 14,000 shares of DX stock on 08/02/2011 at the average price of $9.02. Barry Igdaloff owns at least 329,293 shares after this. The price of the stock has decreased by 0.55% since. Director Barry Igdaloff bought 7,800 shares of DX stock on 05/17/2011 at the average price of 9.68. Barry Igdaloff owns at least 315,293 shares after this. The price of the stock has decreased by 7.33% since. Other insiders have also increased their positions in the company.
Dynex Capital has a predictability rating of 1 Star.
