WPX Energy (WPX) Reaches $9.01 After 6.00% Down Move; Dynex Capital (DX) Covered By 1 Bulls

June 19, 2017 - By Linda Rogers

Among 5 analysts covering Dynex Capital (NYSE:DX), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Dynex Capital had 14 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was downgraded by Ladenburg Thalmann on Thursday, April 28 to “Neutral”. The firm has “Buy” rating by Maxim Group given on Thursday, February 18. The rating was downgraded by Zacks on Tuesday, August 18 to “Buy”. The company was maintained on Monday, August 10 by Maxim Group. Keefe Bruyette & Woods maintained Dynex Capital Inc (NYSE:DX) rating on Monday, May 29. Keefe Bruyette & Woods has “Hold” rating and $700 target. JMP Securities downgraded the shares of DX in report on Friday, January 13 to “Market Perform” rating. See Dynex Capital Inc (NYSE:DX) latest ratings:

29/05/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $7.0000 Maintain
13/01/2017 Broker: JMP Securities Old Rating: Market Outperform New Rating: Market Perform Downgrade

The stock of WPX Energy Inc (NYSE:WPX) is a huge mover today! About 3.02M shares traded. WPX Energy Inc (NYSE:WPX) has risen 29.74% since June 19, 2016 and is uptrending. It has outperformed by 13.04% the S&P500.The move comes after 5 months negative chart setup for the $3.54B company. It was reported on Jun, 19 by Barchart.com. We have $8.47 PT which if reached, will make NYSE:WPX worth $212.40M less.

WPX Energy, Inc. is an oil and natural gas exploration and production company. The company has market cap of $3.54 billion. The Firm is engaged in the exploitation and development of unconventional properties. It currently has negative earnings. It operates in the exploration and production segment of the gas and oil industry and its activities are conducted in the United States.

Since January 12, 2017, it had 3 insider buys, and 0 insider sales for $467,250 activity. The insider KINDICK KELT bought 10,000 shares worth $133,500. Shares for $267,000 were bought by Muncrief Richard E on Thursday, January 12. $66,750 worth of WPX Energy Inc (NYSE:WPX) was bought by LOWRIE WILLIAM G.

Among 24 analysts covering WPX Energy (NYSE:WPX), 19 have Buy rating, 0 Sell and 5 Hold. Therefore 79% are positive. WPX Energy had 64 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Monday, May 16 by Citigroup. Barclays Capital downgraded WPX Energy Inc (NYSE:WPX) rating on Monday, January 11. Barclays Capital has “Underweight” rating and $5 target. JP Morgan maintained the shares of WPX in report on Tuesday, March 15 with “Overweight” rating. As per Monday, November 28, the company rating was upgraded by Deutsche Bank. The stock has “Neutral” rating by Seaport Global on Tuesday, June 7. Imperial Capital maintained the stock with “Outperform” rating in Friday, May 6 report. The stock of WPX Energy Inc (NYSE:WPX) earned “Buy” rating by Wunderlich on Friday, May 6. As per Saturday, August 29, the company rating was downgraded by TheStreet. The stock of WPX Energy Inc (NYSE:WPX) has “Outperform” rating given on Tuesday, September 29 by Raymond James. FBR Capital maintained the shares of WPX in report on Tuesday, December 13 with “Outperform” rating.

Analysts await WPX Energy Inc (NYSE:WPX) to report earnings on August, 2. They expect $-0.16 earnings per share, up 42.86% or $0.12 from last year’s $-0.28 per share. After $-0.15 actual earnings per share reported by WPX Energy Inc for the previous quarter, Wall Street now forecasts 6.67% negative EPS growth.

Investors sentiment decreased to 1 in 2016 Q4. Its down 0.12, from 1.12 in 2016Q3. It turned negative, as 31 investors sold WPX Energy Inc shares while 111 reduced holdings. 51 funds opened positions while 91 raised stakes. 311.46 million shares or 3.82% less from 323.83 million shares in 2016Q3 were reported. 1.53 million are owned by Waddell & Reed Financial. Deutsche Bancshares Ag owns 1.03 million shares for 0.01% of their portfolio. New York State Teachers Retirement Systems holds 389,810 shares. Da Davidson holds 0% or 6,022 shares. Whittier Tru Communications Of Nevada has invested 0% in WPX Energy Inc (NYSE:WPX). Robotti Robert holds 52,750 shares or 0.23% of its portfolio. New York-based Donald Smith And Co Incorporated has invested 1.44% in WPX Energy Inc (NYSE:WPX). Spark Investment Ltd Liability Co holds 0.35% of its portfolio in WPX Energy Inc (NYSE:WPX) for 287,998 shares. State Of Tennessee Treasury Department owns 320,000 shares. Cap Advsr Ltd Liability Company accumulated 11,153 shares or 0.01% of the stock. Mariner Wealth Ltd Liability Com invested in 0.14% or 201,527 shares. Finemark Commercial Bank & reported 3,014 shares or 0% of all its holdings. Blackrock Invest Limited Liability Company reported 0.02% of its portfolio in WPX Energy Inc (NYSE:WPX). Cubist Systematic Strategies Limited Liability Corp holds 0% or 3,846 shares in its portfolio. Dorsey Wright And stated it has 1.51% in WPX Energy Inc (NYSE:WPX).

About 134,599 shares traded. Dynex Capital Inc (NYSE:DX) has risen 4.18% since June 19, 2016 and is uptrending. It has underperformed by 12.52% the S&P500.

Dynex Capital, Inc. is an internally managed mortgage real estate investment trust, which invests in residential and commercial mortgage securities on a leveraged basis. The company has market cap of $359.29 million. The Company’s objective is to provide attractive risk-adjusted returns to its shareholders over the long term that is reflective of a leveraged fixed income portfolio with a focus on capital preservation. It has a 4.39 P/E ratio. It seeks to provide returns to its shareholders through regular quarterly dividends and through capital appreciation.

Investors sentiment decreased to 1.32 in Q4 2016. Its down 0.75, from 2.07 in 2016Q3. It turned negative, as 13 investors sold Dynex Capital Inc shares while 31 reduced holdings. 18 funds opened positions while 40 raised stakes. 20.10 million shares or 4.35% less from 21.01 million shares in 2016Q3 were reported. Connor Clark & Lunn Mgmt invested in 0% or 56,700 shares. State Street has 1.04 million shares for 0% of their portfolio. Prudential invested in 0.01% or 570,836 shares. Hillsdale Inv Mngmt has 215,760 shares. Kcg Incorporated accumulated 53,308 shares. Royal Bancorporation Of Canada holds 0% or 51,488 shares. The Georgia-based Invesco Ltd has invested 0% in Dynex Capital Inc (NYSE:DX). California State Teachers Retirement System accumulated 92,387 shares. Fmr Lc has invested 0% in Dynex Capital Inc (NYSE:DX). Bessemer Gru, New Jersey-based fund reported 186 shares. Goldman Sachs Group Inc Inc Inc reported 296,881 shares. Moreover, Stevens Cap Mngmt Lp has 0.01% invested in Dynex Capital Inc (NYSE:DX) for 18,380 shares. Ubs Asset Mgmt Americas Inc has 0% invested in Dynex Capital Inc (NYSE:DX) for 21,988 shares. Great West Life Assurance Can reported 3,653 shares or 0% of all its holdings. Blackrock Advisors Ltd Liability Company stated it has 0% of its portfolio in Dynex Capital Inc (NYSE:DX).

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