5 Dividend Stocks to Buy According to Murray Stahl’s Horizon Asset Management

2. Annaly Capital Management, Inc. (NYSE:NLY)

Horizon Asset Management Stake Value: $162,000
Percentage of Horizon Asset Management’s 13F Portfolio: 0.01%
Number of Hedge Fund Holders: 15
Dividend Yield: 10.86%

Annaly Capital Management, Inc. (NYSE:NLY) is a real estate investment trust that invests in real estate. In the third quarter of 2021, Annaly Capital Management, Inc. (NYSE:NLY) had an EPS of $0.28, beating estimates by $0.01.

In October, Barclays analyst Mark DeVries downgraded Annaly Capital Management, Inc. (NYSE:NLY) from “Overweight” to “Equal Weight,” with a price target of $9. The stock’s upside potential, according to the analyst, is restricted at 1.0 times book value.

There were 15 hedge funds in our database that held stakes in Annaly Capital Management, Inc. (NYSE:NLY) at the end of the third quarter, compared to 19 funds in the preceding quarter. Citadel Investment Group is Annaly Capital Management, Inc.’s (NYSE:NLY) most significant stakeholder, with 2.22 million shares worth $18.68 million.