PL Capital Advisors LLC Acquires 2,640,032 Shares of Annaly Capital Management, Inc. (NYSE:NLY)

PL Capital Advisors LLC increased its stake in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 1,730.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,792,635 shares of the real estate investment trust's stock after purchasing an additional 2,640,032 shares during the quarter. Annaly Capital Management accounts for 0.6% of PL Capital Advisors LLC's portfolio, making the stock its 19th largest position. PL Capital Advisors LLC owned about 0.50% of Annaly Capital Management worth $51,105,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. KBC Group NV boosted its stake in shares of Annaly Capital Management by 238.9% during the 4th quarter. KBC Group NV now owns 5,198,020 shares of the real estate investment trust's stock worth $95,124,000 after acquiring an additional 3,664,098 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Annaly Capital Management by 531.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,981,081 shares of the real estate investment trust's stock worth $79,900,000 after acquiring an additional 3,350,435 shares during the last quarter. ORG Wealth Partners LLC boosted its stake in shares of Annaly Capital Management by 5,113.5% during the 4th quarter. ORG Wealth Partners LLC now owns 788,336 shares of the real estate investment trust's stock worth $14,427,000 after acquiring an additional 773,215 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Annaly Capital Management by 21.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,057,037 shares of the real estate investment trust's stock worth $61,355,000 after acquiring an additional 541,869 shares during the last quarter. Finally, Mediolanum International Funds Ltd purchased a new position in shares of Annaly Capital Management during the 4th quarter worth $8,170,000. Hedge funds and other institutional investors own 51.56% of the company's stock.

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Annaly Capital Management Stock Up 1.1 %

NYSE NLY traded up $0.24 on Friday, reaching $21.97. The company had a trading volume of 13,502,116 shares, compared to its average volume of 7,504,338. The stock has a market capitalization of $12.70 billion, a PE ratio of 13.81, a price-to-earnings-growth ratio of 4.89 and a beta of 1.52. The firm's 50 day moving average price is $19.89 and its 200 day moving average price is $19.86. Annaly Capital Management, Inc. has a 12 month low of $17.67 and a 12 month high of $22.05.

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 (EPS) 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%. On average, research analysts expect that Annaly Capital Management, Inc. will post 2.81 EPS for the current year.

Annaly Capital Management Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were issued a $0.65 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 11.84%. Annaly Capital Management's dividend payout ratio (DPR) is presently 163.52%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on NLY shares. JMP Securities reiterated a "market perform" rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. Barclays initiated 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 objective on the stock. JPMorgan Chase & Co. raised 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 report on Friday, January 31st. Finally, Royal Bank of Canada restated an "outperform" rating and set a $22.00 price objective on shares of Annaly Capital Management in a research report on Monday, February 10th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus 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.