Wernau Asset Management Inc. Buys Shares of 12,516 Annaly Capital Management, Inc. (NYSE:NLY)

Wernau Asset Management Inc. purchased a new stake in shares of Annaly Capital Management, Inc. (NYSE:NLY - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 12,516 shares of the real estate investment trust's stock, valued at approximately $229,000.

Several other large investors have also recently bought and sold shares of NLY. Proffitt & Goodson Inc. lifted its position in Annaly Capital Management by 1.0% during the fourth quarter. Proffitt & Goodson Inc. now owns 53,040 shares of the real estate investment trust's stock valued at $971,000 after purchasing an additional 505 shares during the period. Smartleaf Asset Management LLC lifted its stake in shares of Annaly Capital Management by 29.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,425 shares of the real estate investment trust's stock worth $45,000 after purchasing an additional 549 shares during the period. Armstrong Advisory Group Inc. lifted its stake in shares of Annaly Capital Management by 6.6% in the 4th quarter. Armstrong Advisory Group Inc. now owns 9,121 shares of the real estate investment trust's stock worth $167,000 after purchasing an additional 562 shares during the period. Fermata Advisors LLC boosted its holdings in shares of Annaly Capital Management by 3.2% in the fourth quarter. Fermata Advisors LLC now owns 18,022 shares of the real estate investment trust's stock worth $330,000 after buying an additional 563 shares during the last quarter. Finally, KG&L Capital Management LLC grew its position in Annaly Capital Management by 2.0% during the fourth quarter. KG&L Capital Management LLC now owns 30,648 shares of the real estate investment trust's stock valued at $561,000 after buying an additional 600 shares during the period. 51.56% of the stock is owned by institutional investors.

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Wall Street Analysts Forecast Growth

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

Annaly Capital Management Trading Down 1.8 %

Shares of NLY stock traded down $0.39 on Thursday, reaching $21.31. The company's stock had a trading volume of 6,091,054 shares, compared to its average volume of 7,551,847. The stock's fifty day simple moving average is $20.04 and its 200-day simple moving average is $19.90. Annaly Capital Management, Inc. has a 1 year low of $17.67 and a 1 year high of $22.05. The company has a market capitalization of $12.32 billion, a price-to-earnings ratio of 13.40, a price-to-earnings-growth ratio of 4.89 and a beta of 1.53.

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

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.