Allspring Global Investments Holdings LLC Acquires 109,655 Shares of Annaly Capital Management, Inc. (NYSE:NLY)

Allspring Global Investments Holdings LLC raised its stake in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 0.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,099,719 shares of the real estate investment trust's stock after acquiring an additional 109,655 shares during the quarter. Allspring Global Investments Holdings LLC owned about 3.23% of Annaly Capital Management worth $332,665,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Armstrong Advisory Group Inc. increased its position in 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 valued at $167,000 after acquiring an additional 562 shares in the last quarter. Fermata Advisors LLC grew its position in shares of Annaly Capital Management by 3.2% during the 4th 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 period. Toth Financial Advisory Corp grew its position in shares of Annaly Capital Management by 31.8% during the 3rd quarter. Toth Financial Advisory Corp now owns 2,390 shares of the real estate investment trust's stock worth $48,000 after buying an additional 576 shares during the period. Wesbanco Bank Inc. grew its position in shares of Annaly Capital Management by 2.8% during the 3rd quarter. Wesbanco Bank Inc. now owns 21,314 shares of the real estate investment trust's stock worth $428,000 after buying an additional 584 shares during the period. Finally, KG&L Capital Management LLC grew its position in shares of Annaly Capital Management by 2.0% during the 4th quarter. KG&L Capital Management LLC now owns 30,648 shares of the real estate investment trust's stock worth $561,000 after buying an additional 600 shares during the period. Institutional investors and hedge funds own 51.56% of the company's stock.

Annaly Capital Management Stock Up 1.5 %

NLY traded up $0.31 during trading on Friday, reaching $21.24. The company had a trading volume of 8,174,775 shares, compared to its average volume of 6,178,078. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.12 and a quick ratio of 0.08. Annaly Capital Management, Inc. has a 12 month low of $17.67 and a 12 month high of $21.29. The business's fifty day moving average price is $19.46 and its 200 day moving average price is $19.74. The company has a market cap of $11.90 billion, a P/E ratio of 13.36, a PEG ratio of 4.66 and a beta of 1.52.

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 for the quarter, beating 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 analysts anticipate that Annaly Capital Management, Inc. will post 2.81 EPS for the current year.

Annaly Capital Management Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were given a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 12.24%. The ex-dividend date was Tuesday, December 31st. Annaly Capital Management's dividend payout ratio is presently 163.52%.

Analyst Ratings Changes

Several equities research analysts have recently commented on NLY shares. JMP Securities reiterated a "market perform" rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. Barclays started coverage on shares of Annaly Capital Management in a research report on Monday, January 6th. They set an "equal weight" rating and a $19.00 price target for the company. Argus upgraded shares of Annaly Capital Management from a "hold" rating to a "buy" rating and set a $21.00 price target for the company in a research report on Thursday, October 31st. JPMorgan Chase & Co. lifted their price target 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. Finally, Royal Bank of Canada reiterated an "outperform" rating and set a $22.00 price target on shares of Annaly Capital Management in a research report on Monday, February 10th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Annaly Capital Management currently has an average rating of "Moderate Buy" and an average target price of $21.44.

About Annaly Capital Management

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.