Angel Oak Capital Advisors LLC Purchases Shares of 99,833 Annaly Capital Management, Inc. (NYSE:NLY)

Angel Oak Capital Advisors LLC bought a new stake in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 99,833 shares of the real estate investment trust's stock, valued at approximately $1,827,000. Annaly Capital Management makes up 2.4% of Angel Oak Capital Advisors LLC's holdings, making the stock its 6th largest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NLY. Armstrong Advisory Group Inc. increased its holdings 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 valued at $167,000 after purchasing an additional 562 shares in the last quarter. Fermata Advisors LLC increased its position in 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 purchasing an additional 563 shares in the last quarter. Toth Financial Advisory Corp raised its position in shares of Annaly Capital Management by 31.8% in the third quarter. Toth Financial Advisory Corp now owns 2,390 shares of the real estate investment trust's stock valued at $48,000 after buying an additional 576 shares during the last quarter. KG&L Capital Management LLC raised its holdings in Annaly Capital Management by 2.0% in the 4th quarter. KG&L Capital Management LLC now owns 30,648 shares of the real estate investment trust's stock valued at $561,000 after acquiring an additional 600 shares during the last quarter. Finally, First Citizens Bank & Trust Co. grew its position in shares of Annaly Capital Management by 5.3% in the third quarter. First Citizens Bank & Trust Co. now owns 13,006 shares of the real estate investment trust's stock valued at $261,000 after purchasing an additional 653 shares during the period. 51.56% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. 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. Argus raised Annaly Capital Management from a "hold" rating to a "buy" rating and set a $21.00 target price for the company in a research report on Thursday, October 31st. JPMorgan Chase & Co. lifted their price objective on shares of Annaly Capital Management from $19.00 to $21.00 and gave the company an "overweight" rating in a research note on Friday, January 31st. Barclays assumed coverage on Annaly Capital Management in a report on Monday, January 6th. They issued an "equal weight" rating and a $19.00 price target for the company. Finally, JMP Securities reissued a "market perform" rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, Annaly Capital Management presently has an average rating of "Moderate Buy" and a consensus target price of $21.44.

Annaly Capital Management Stock Performance

Shares of Annaly Capital Management stock traded down $0.10 during trading on Friday, hitting $21.64. 14,278,179 shares of the stock traded hands, compared to its average volume of 6,993,048. Annaly Capital Management, Inc. has a twelve month low of $17.67 and a twelve month high of $21.88. The company has a fifty day moving average price of $19.63 and a two-hundred day moving average price of $19.80. The stock has a market cap of $12.51 billion, a P/E ratio of 13.61, a PEG ratio of 4.85 and a beta of 1.52.

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

Annaly Capital Management Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were given a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 12.02%. The ex-dividend date of this dividend was Tuesday, December 31st. Annaly Capital Management's dividend payout ratio is presently 163.52%.

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.