Amundi Purchases 61,302 Shares of Annaly Capital Management, Inc. (NYSE:NLY)

Amundi raised its position in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 8.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 775,360 shares of the real estate investment trust's stock after buying an additional 61,302 shares during the period. Amundi owned 0.14% of Annaly Capital Management worth $14,352,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Avior Wealth Management LLC grew its holdings in shares of Annaly Capital Management by 209.9% in the third quarter. Avior Wealth Management LLC now owns 1,255 shares of the real estate investment trust's stock valued at $25,000 after acquiring an additional 850 shares in the last quarter. Blue Trust Inc. grew its stake in Annaly Capital Management by 78.5% in the 4th quarter. Blue Trust Inc. now owns 1,630 shares of the real estate investment trust's stock valued at $33,000 after purchasing an additional 717 shares during the period. Assetmark Inc. purchased a new stake in shares of Annaly Capital Management during the 4th quarter valued at $31,000. Larson Financial Group LLC increased its position in shares of Annaly Capital Management by 34.4% during the 4th quarter. Larson Financial Group LLC now owns 2,143 shares of the real estate investment trust's stock valued at $39,000 after purchasing an additional 549 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in shares of Annaly Capital Management by 29.3% during 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. Institutional investors own 51.56% of the company's stock.

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Annaly Capital Management Price Performance

NYSE:NLY traded up $0.09 during trading hours on Tuesday, hitting $21.93. The stock had a trading volume of 5,621,016 shares, compared to its average volume of 5,186,606. The firm has a market capitalization of $12.68 billion, a price-to-earnings ratio of 13.79, a P/E/G ratio of 4.89 and a beta of 1.53. Annaly Capital Management, Inc. has a one year low of $17.67 and a one year high of $22.11. The company has a 50 day simple moving average of $20.48 and a two-hundred day simple moving average of $19.97.

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

Annaly Capital Management Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 12.77%. This is a boost from Annaly Capital Management's previous quarterly dividend of $0.65. The ex-dividend date of this dividend is Monday, March 31st. Annaly Capital Management's dividend payout ratio (DPR) is currently 163.52%.

Wall Street Analysts Forecast Growth

NLY has been the subject of a number of research analyst reports. Royal Bank of Canada restated an "outperform" rating and set a $22.00 price objective on shares of Annaly Capital Management in a report on Monday, February 10th. Barclays initiated coverage on Annaly Capital Management in a report on Monday, January 6th. They set an "equal weight" rating and a $19.00 price objective for the company. JPMorgan Chase & Co. boosted their target price on Annaly Capital Management from $19.00 to $21.00 and gave the company an "overweight" rating in a research note on Friday, January 31st. Finally, JMP Securities reiterated a "market perform" rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, Annaly Capital Management presently has an average rating of "Moderate Buy" and an average target price of $21.44.

Annaly Capital Management 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.