90,051 Rithm Capital Corp. $RITM Shares Sold by State of Alaska Department of Revenue

Posted by Francis Steltz on Oct 18th, 2026

State of Alaska Department of Revenue lessened its holdings in Rithm Capital Corp. (NYSE:RITM – Free Report) by 16.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 472,445 shares of the real estate investment trust’s stock after selling 90,051 shares during the period. State of Alaska Department of Revenue’s holdings in Rithm Capital were worth $4,218,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wellington Management Group LLP increased its stake in Rithm Capital by 14.4% in the second quarter. Wellington Management Group LLP now owns 11,616,077 shares of the real estate investment trust’s stock worth $109,075,000 after purchasing an additional 1,466,315 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Rithm Capital by 71.8% during the first quarter. Bank of New York Mellon Corp now owns 3,390,135 shares of the real estate investment trust’s stock worth $32,138,000 after purchasing an additional 1,416,415 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of Rithm Capital by 12.5% during the first quarter. Royal Bank of Canada now owns 2,974,882 shares of the real estate investment trust’s stock valued at $28,202,000 after purchasing an additional 331,513 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Rithm Capital by 17,546.2% during the first quarter. Principal Financial Group Inc. now owns 2,693,696 shares of the real estate investment trust’s stock valued at $25,536,000 after purchasing an additional 2,678,431 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Rithm Capital during the second quarter valued at $22,001,000. Hedge funds and other institutional investors own 44.92% of the company’s stock.

Rithm Capital Stock Down 0.8%

Shares of NYSE:RITM opened at $8.64 on Friday. Rithm Capital Corp. has a 52-week low of $8.31 and a 52-week high of $12.15. The stock has a market cap of $4.83 billion, a P/E ratio of 14.40, a price-to-earnings-growth ratio of 0.55 and a beta of 1.16. The business’s 50 day moving average is $9.55 and its 200 day moving average is $9.52. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 2.19.

Rithm Capital (NYSE:RITM – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The real estate investment trust reported $0.60 EPS for the quarter, topping the consensus estimate of $0.50 by $0.10. Rithm Capital had a return on equity of 19.86% and a net margin of 9.20%. Sell-side analysts predict that Rithm Capital Corp. will post 2.25 EPS for the current year.

Rithm Capital Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 1st will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 11.6%. The ex-dividend date is Thursday, October 1st. Rithm Capital’s dividend payout ratio is currently 166.67%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on RITM shares. Wall Street Zen upgraded shares of Rithm Capital from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. BTIG Research decreased their price objective on shares of Rithm Capital from $13.00 to $12.00 and set a “buy” rating for the company in a report on Monday, October 12th. Piper Sandler decreased their price objective on shares of Rithm Capital from $14.00 to $12.50 and set an “overweight” rating for the company in a report on Thursday, July 2nd. UBS Group lowered their price objective on shares of Rithm Capital from $14.50 to $14.00 and set a “buy” rating for the company in a research report on Friday, August 21st. Finally, Weiss Ratings downgraded shares of Rithm Capital from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, October 2nd. Ten equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $13.05.

Get Our Latest Research Report on Rithm Capital

Insider Buying and Selling at Rithm Capital

In other news, Director Peggy Hebard sold 14,520 shares of the stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $10.18, for a total transaction of $147,813.60. Following the transaction, the director owned 82,259 shares of the company’s stock, valued at approximately $837,396.62. This represents a 15.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.57% of the company’s stock.

Rithm Capital Company Profile

(Free Report)

Rithm Capital Corp. (NYSE: RITM) is a real estate investment trust and asset management company focused primarily on the residential real estate and mortgage markets. The company invests in and manages mortgage servicing rights, residential mortgage loans, mortgage-backed securities and other real estate-related assets.

Rithm also operates businesses involved in mortgage origination, loan servicing and related financial services. Through its platforms and investments, the company provides financing and servicing solutions connected with residential real estate and manages assets across the housing market.

The company was formerly known as New Residential Investment Corp.