Xponance Inc. Has $1.17 Million Position in Annaly Capital Management, Inc. (NYSE:NLY)

Xponance Inc. increased its holdings in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 1.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 60,532 shares of the real estate investment trust’s stock after acquiring an additional 881 shares during the quarter. Xponance Inc.’s holdings in Annaly Capital Management were worth $1,173,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Wellington Management Group LLP boosted its stake in Annaly Capital Management by 1,801.9% in the 3rd quarter. Wellington Management Group LLP now owns 803,555 shares of the real estate investment trust’s stock valued at $15,115,000 after purchasing an additional 761,304 shares during the period. abrdn plc boosted its stake in Annaly Capital Management by 612.0% in the 3rd quarter. abrdn plc now owns 650,362 shares of the real estate investment trust’s stock valued at $12,233,000 after purchasing an additional 559,016 shares during the period. International Assets Investment Management LLC bought a new stake in Annaly Capital Management in the 4th quarter valued at $95,350,000. Schonfeld Strategic Advisors LLC boosted its stake in Annaly Capital Management by 45.5% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 1,437,877 shares of the real estate investment trust’s stock valued at $27,046,000 after purchasing an additional 449,881 shares during the period. Finally, Algebris UK Ltd bought a new stake in Annaly Capital Management in the 3rd quarter valued at $7,964,000. 51.56% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. JMP Securities restated a “market perform” rating on shares of Annaly Capital Management in a research note on Thursday, April 18th. Compass Point assumed coverage on Annaly Capital Management in a research report on Tuesday, April 2nd. They set a “buy” rating and a $22.00 target price for the company. Royal Bank of Canada reiterated an “outperform” rating and set a $21.00 target price on shares of Annaly Capital Management in a research report on Monday, February 12th. Keefe, Bruyette & Woods reiterated an “outperform” rating and set a $21.50 target price on shares of Annaly Capital Management in a research report on Wednesday, March 27th. Finally, Jonestrading upped their target price on Annaly Capital Management from $18.00 to $21.00 and gave the company a “buy” rating in a research report on Thursday, February 8th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, Annaly Capital Management presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.07.

Annaly Capital Management Trading Down 0.4 %

Annaly Capital Management stock opened at $18.57 on Thursday. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.22 and a quick ratio of 1.22. Annaly Capital Management, Inc. has a 52 week low of $14.52 and a 52 week high of $21.07. The stock has a fifty day moving average of $19.11 and a 200-day moving average of $18.62.

Annaly Capital Management Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Thursday, March 28th will be issued a dividend of $0.65 per share. The ex-dividend date is Wednesday, March 27th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 14.00%. Annaly Capital Management’s dividend payout ratio (DPR) is currently -72.02%.

Insider Transactions at Annaly Capital Management

In other Annaly Capital Management news, CEO David L. Finkelstein sold 50,000 shares of the company’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $19.03, for a total value of $951,500.00. Following the completion of the transaction, the chief executive officer now owns 662,469 shares of the company’s stock, valued at approximately $12,606,785.07. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.21% of the stock is owned by insiders.

Annaly Capital Management Company Profile

Annaly Capital Management, Inc, a diversified capital manager, engages in mortgage finance. The company invests in agency mortgage-backed securities collateralized by residential mortgages; non-agency residential whole loans and securitized products within the residential and commercial markets; mortgage servicing rights; agency commercial mortgage-backed securities; to-be-announced forward contracts; residential mortgage loans; and agency or private label credit risk transfer securities.