130,000 Shares in Annaly Capital Management Inc $NLY Acquired by Sona Asset Management US LLC

Sona Asset Management US LLC purchased a new stake in Annaly Capital Management Inc (NYSE:NLY) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 130,000 shares of the real estate investment trust’s stock, valued at approximately $2,750,000.

A number of other large investors also recently modified their holdings of the company. AQR Capital Management LLC increased its position in Annaly Capital Management by 111.8% in the 1st quarter. AQR Capital Management LLC now owns 56,803 shares of the real estate investment trust’s stock valued at $1,154,000 after acquiring an additional 29,978 shares during the period. Integrated Wealth Concepts LLC grew its stake in Annaly Capital Management by 39.4% during the first quarter. Integrated Wealth Concepts LLC now owns 14,874 shares of the real estate investment trust’s stock worth $302,000 after purchasing an additional 4,205 shares during the period. Millennium Management LLC increased its stake in shares of Annaly Capital Management by 17.4% in the 1st quarter. Millennium Management LLC now owns 541,733 shares of the real estate investment trust’s stock valued at $11,003,000 after acquiring an additional 80,481 shares in the last quarter. NewEdge Advisors LLC increased its stake in Annaly Capital Management by 20.8% in the first quarter. NewEdge Advisors LLC now owns 17,845 shares of the real estate investment trust’s stock valued at $362,000 after purchasing an additional 3,074 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its position in Annaly Capital Management by 833.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,920,617 shares of the real estate investment trust’s stock valued at $59,318,000 after buying an additional 2,607,784 shares in the last quarter. 51.56% of the stock is currently owned by institutional investors.

Annaly Capital Management Stock Performance

Shares of NYSE:NLY opened at $22.43 on Monday. The stock has a 50 day moving average price of $22.16 and a 200-day moving average price of $22.45. The firm has a market capitalization of $16.43 billion, a P/E ratio of 5.62, a P/E/G ratio of 6.73 and a beta of 1.16. 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 results on Tuesday, July 21st. The real estate investment trust reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.04. Annaly Capital Management had a return on equity of 16.00% and a net margin of 43.66%.The company had revenue of $892.86 million for the quarter, compared to the consensus estimate of $639.80 million. On average, equities analysts forecast that Annaly Capital Management Inc will post 3.03 EPS for the current fiscal year.

Annaly Capital Management Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be issued a $0.75 dividend. This is an increase 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 75.19%.

More Annaly Capital Management News

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.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. BTIG Research set a $24.00 price target on shares of Annaly Capital Management in a research report on Wednesday, June 17th. Royal Bank Of Canada reiterated an “outperform” rating and set a $25.00 target price on shares of Annaly Capital Management in a research report on Wednesday, June 3rd. JonesTrading reiterated a “buy” rating and issued a $25.00 price target on shares of Annaly Capital Management in a research report on Wednesday, April 22nd. JPMorgan Chase & Co. decreased their target price on shares of Annaly Capital Management from $26.00 to $24.00 and set an “overweight” rating on the stock in a report on Friday. Finally, Piper Sandler raised their price target on Annaly Capital Management from $24.50 to $25.00 and gave the company an “overweight” rating in a report on Thursday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Annaly Capital Management has an average rating of “Moderate Buy” and an average target price of $24.33.

Annaly Capital Management Profile

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.