Xponance Inc. Has $2.02 Million Stake in Annaly Capital Management, Inc. (NYSE:NLY)

Xponance Inc. grew its position in shares of Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 20.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 110,115 shares of the real estate investment trust's stock after buying an additional 18,809 shares during the quarter. Xponance Inc.'s holdings in Annaly Capital Management were worth $2,015,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Allspring Global Investments Holdings LLC lifted its holdings in Annaly Capital Management by 0.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 18,099,719 shares of the real estate investment trust's stock worth $332,665,000 after purchasing an additional 109,655 shares during the last quarter. State Street Corp boosted its holdings in shares of Annaly Capital Management by 1.3% during the 3rd quarter. State Street Corp now owns 17,400,024 shares of the real estate investment trust's stock worth $360,296,000 after buying an additional 223,294 shares during the period. Geode Capital Management LLC grew its stake in Annaly Capital Management by 2.9% in the 3rd quarter. Geode Capital Management LLC now owns 8,638,216 shares of the real estate investment trust's stock valued at $172,988,000 after buying an additional 241,465 shares during the last quarter. KBC Group NV lifted its position in Annaly Capital Management by 238.9% during the 4th quarter. KBC Group NV now owns 5,198,020 shares of the real estate investment trust's stock worth $95,124,000 after acquiring an additional 3,664,098 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in Annaly Capital Management by 8.8% during the fourth quarter. Bank of New York Mellon Corp now owns 4,040,958 shares of the real estate investment trust's stock valued at $73,950,000 after acquiring an additional 325,542 shares during the period. Institutional investors own 51.56% of the company's stock.

Remove Ads

Annaly Capital Management Stock Down 1.1 %

Annaly Capital Management stock traded down $0.23 during mid-day trading on Wednesday, hitting $21.16. 8,240,889 shares of the company were exchanged, compared to its average volume of 7,603,285. The company has a market capitalization of $12.24 billion, a PE ratio of 13.31, a price-to-earnings-growth ratio of 4.89 and a beta of 1.53. The business has a fifty day moving average of $20.88 and a 200 day moving average of $20.04. Annaly Capital Management, Inc. has a 1-year low of $17.67 and a 1-year high of $22.11.

Annaly Capital Management (NYSE:NLY - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.05. Annaly Capital Management had a net margin of 20.70% and a return on equity of 14.95%. Research analysts expect that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current year.

Annaly Capital Management Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be given a dividend of $0.70 per share. The ex-dividend date is Monday, March 31st. This is a positive change from Annaly Capital Management's previous quarterly dividend of $0.65. This represents a $2.80 dividend on an annualized basis and a yield of 13.23%. Annaly Capital Management's dividend payout ratio is 176.10%.

Analyst Ratings Changes

Several analysts recently weighed in on NLY shares. JMP Securities restated a "market perform" rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. JPMorgan Chase & Co. boosted their target price on shares of Annaly Capital Management from $19.00 to $21.00 and gave the stock an "overweight" rating in a research report on Friday, January 31st. Royal Bank of Canada reissued an "outperform" rating and issued a $22.00 price target on shares of Annaly Capital Management in a report on Monday, February 10th. Finally, Barclays initiated coverage on shares of Annaly Capital Management in a research note on Monday, January 6th. They issued an "equal weight" rating and a $19.00 target price for the company. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $21.44.

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.