Caxton Associates LLP Has $1.16 Million Stock Position in Annaly Capital Management Inc $NLY

Caxton Associates LLP increased its position in shares of Annaly Capital Management Inc (NYSE:NLY) by 74.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 55,013 shares of the real estate investment trust’s stock after buying an additional 23,420 shares during the period. Caxton Associates LLP’s holdings in Annaly Capital Management were worth $1,164,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Annaly Capital Management by 5.0% in the 4th quarter. Vanguard Group Inc. now owns 63,613,639 shares of the real estate investment trust’s stock worth $1,422,401,000 after acquiring an additional 3,024,564 shares during the period. State Street Corp boosted its holdings in Annaly Capital Management by 8.4% during the fourth quarter. State Street Corp now owns 26,425,278 shares of the real estate investment trust’s stock valued at $608,994,000 after acquiring an additional 2,053,451 shares during the period. Geode Capital Management LLC grew its position in shares of Annaly Capital Management by 8.9% in the fourth quarter. Geode Capital Management LLC now owns 18,401,487 shares of the real estate investment trust’s stock valued at $411,031,000 after purchasing an additional 1,503,559 shares during the last quarter. Norges Bank acquired a new stake in shares of Annaly Capital Management in the fourth quarter valued at about $162,477,000. Finally, Morgan Stanley grew its position in shares of Annaly Capital Management by 33.5% in the fourth quarter. Morgan Stanley now owns 6,977,329 shares of the real estate investment trust’s stock valued at $156,013,000 after purchasing an additional 1,751,509 shares during the last quarter. 51.56% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Annaly Capital Management

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

• Positive Sentiment: Annaly’s Q2 results and earnings-call commentary pointed to strong momentum, with management highlighting diversified housing finance growth across Agency securities, Residential Credit, and MSR opportunities, along with disciplined capital allocation. The company also reported strong profitability and a 5.5% economic return, which can help reassure investors about earnings durability. Annaly Q2 Earnings Call Highlights Housing Finance Strategy
• Positive Sentiment: Several reports said Annaly’s earnings available for distribution topped its dividend for a ninth straight quarter, and that rising EAD is supporting another dividend increase. For a high-yield mortgage REIT like NLY, this is important because it suggests the payout may remain well covered. Annaly Capital Management’s EAD Topped Its Dividend for a 9th Straight Quarter. Here’s Why That Matters for Its 12.5%+ Yielding Payout.
• Positive Sentiment: Annaly also raised its quarterly dividend to $0.75 and signaled attractive 14%–16% levered return potential in agency assets, reinforcing the stock’s appeal to income investors. Annaly signals agency 14%-16% levered return opportunity as it raises quarterly dividend to $0.75
• Neutral Sentiment: JPMorgan and Wells Fargo both lowered their price targets to $24 from higher levels, but kept overweight ratings. That suggests analysts still see upside in NLY, but are somewhat more cautious on valuation and near-term expectations. Analyst price target updates from JPMorgan and Wells Fargo
• Neutral Sentiment: Other coverage framed Annaly as a strong-yield, discounted valuation story, which supports the stock’s income-investor case but does not introduce a major new catalyst. Annaly Capital Management’s EAD Topped Its Dividend for a 9th Straight Quarter. Here’s Why That Matters for Its 12.5%+ Yielding Payout.

Annaly Capital Management Price Performance

NYSE NLY opened at $22.43 on Monday. The firm has a market capitalization of $16.43 billion, a price-to-earnings ratio of 5.62, a P/E/G ratio of 6.73 and a beta of 1.16. The company’s fifty day moving average is $22.16 and its two-hundred day moving average is $22.45. Annaly Capital Management Inc has a 52-week low of $20.00 and a 52-week high of $24.52.

Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings data on Tuesday, July 21st. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.04. Annaly Capital Management had a net margin of 43.66% and a return on equity of 16.00%. The company had revenue of $892.86 million for the quarter, compared to the consensus estimate of $639.80 million. As a group, sell-side analysts expect that Annaly Capital Management Inc will post 3.03 earnings per share for the current fiscal year.

Annaly Capital Management Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be paid a dividend of $0.75 per share. This is a positive change from Annaly Capital Management’s previous quarterly dividend of $0.70. This represents a $3.00 annualized dividend and a yield of 13.4%. The ex-dividend date is Tuesday, June 30th. Annaly Capital Management’s dividend payout ratio is presently 75.19%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Piper Sandler boosted their price objective on Annaly Capital Management from $24.50 to $25.00 and gave the stock an “overweight” rating in a research report on Thursday, July 2nd. JPMorgan Chase & Co. lowered their target price on Annaly Capital Management from $26.00 to $24.00 and set an “overweight” rating on the stock in a report on Friday. BTIG Research set a $24.00 price target on Annaly Capital Management in a research report on Wednesday, June 17th. Wells Fargo & Company cut their price target on Annaly Capital Management from $25.00 to $24.00 and set an “overweight” rating for the company in a report on Thursday. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $25.00 price target on shares of Annaly Capital Management in a report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $24.33.

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.