Summit Global Investments Boosts Stake in Annaly Capital Management Inc $NLY

Summit Global Investments boosted its position in shares of Annaly Capital Management Inc (NYSE:NLY) by 332.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 59,797 shares of the real estate investment trust’s stock after buying an additional 45,966 shares during the period. Summit Global Investments’ holdings in Annaly Capital Management were worth $1,209,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Financial Gravity Companies Inc. bought a new position in shares of Annaly Capital Management during the 2nd quarter valued at approximately $25,000. Delos Wealth Advisors LLC purchased a new stake in Annaly Capital Management during the second quarter valued at $28,000. Evolution Wealth Management Inc. bought a new position in Annaly Capital Management during the second quarter valued at $29,000. Elevation Point Wealth Partners LLC purchased a new position in shares of Annaly Capital Management in the 2nd quarter worth $34,000. Finally, Assetmark Inc. increased its holdings in shares of Annaly Capital Management by 97.5% in the 2nd quarter. Assetmark Inc. now owns 2,411 shares of the real estate investment trust’s stock worth $45,000 after buying an additional 1,190 shares during the last quarter. Institutional investors own 51.56% of the company’s stock.

Annaly Capital Management News Roundup

Here are the key news stories impacting Annaly Capital Management this week:

• Positive Sentiment: Keefe, Bruyette & Woods raised its price target on NLY to $25.00 and gave an “outperform” rating, implying roughly an 8.7% upside from the current $23 level. Article Title
• Positive Sentiment: Jones Trading issued a positive forecast and raised its price target to $25.00 with a “buy” rating, signaling similar upside expectations. Article Title
• Positive Sentiment: Q4 results beat consensus: EPS $0.74 vs. $0.72 expected, revenue well above estimates, and book value improved to $20.21 year‑over‑year — supports dividend coverage and NAV recovery. Article Title
• Positive Sentiment: Analysts and coverage pieces emphasize multi‑segment growth and portfolio diversification as drivers of improved results and stability. Article Title
• Neutral Sentiment: Earnings call transcript and presentation available for detail on strategy, hedging, and capital deployment — useful for modeling forward earnings and dividend sustainability. Earnings Call Transcript
• Neutral Sentiment: Valuation pieces review NLY after recent share gains and high yield profile — helpful for assessing total return vs. interest‑rate sensitivity. Article Title
• Neutral Sentiment: Income/yield articles highlight attractive dividend yield and potential upside for income investors, but note interest‑rate and spread risk. Article Title

Annaly Capital Management Trading Down 4.2%

NYSE NLY opened at $23.00 on Friday. The stock has a market cap of $15.71 billion, a PE ratio of 8.27, a PEG ratio of 7.48 and a beta of 1.25. The company’s 50-day moving average price is $23.05 and its 200-day moving average price is $21.74. Annaly Capital Management Inc has a 12 month low of $16.59 and a 12 month high of $24.52.

Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings results on Wednesday, January 28th. The real estate investment trust reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.02. Annaly Capital Management had a net margin of 34.02% and a return on equity of 15.80%. The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $567.67 million. As a group, sell-side analysts forecast that Annaly Capital Management Inc will post 2.81 earnings per share for the current year.

Annaly Capital Management Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, December 31st were paid a $0.70 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.80 dividend on an annualized basis and a yield of 12.2%. Annaly Capital Management’s dividend payout ratio is 100.72%.

Analysts Set New Price Targets

A number of research analysts recently commented on NLY shares. JPMorgan Chase & Co. increased their price target on shares of Annaly Capital Management from $21.00 to $22.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Weiss Ratings restated a “hold (c)” rating on shares of Annaly Capital Management in a research report on Wednesday, January 21st. Jones Trading lifted their target price on Annaly Capital Management from $22.00 to $25.00 and gave the stock a “buy” rating in a report on Thursday. BTIG Research raised Annaly Capital Management from a “neutral” rating to a “buy” rating and set a $25.00 target price on the stock in a research report on Tuesday, January 6th. Finally, Keefe, Bruyette & Woods raised their price target on Annaly Capital Management from $23.25 to $25.00 and gave the stock an “outperform” rating in a research report on Friday. Seven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $23.89.

About Annaly Capital Management

Annaly Capital Management, Inc is a publicly traded real estate investment trust (REIT) that specializes in generating income through investment in mortgage-related assets. The company’s core business activities include the acquisition, financing, and management of a diversified portfolio of agency and non-agency residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), and other real estate debt instruments. Annaly seeks to profit from the spread between the interest earned on its mortgage investments and its cost of funds, as well as from capital gains realized through active portfolio management.

Founded in 1997 and headquartered in New York City, Annaly has grown to become one of the largest mortgage REITs in the United States.