Algebris UK Ltd Has $14.70 Million Stake in Annaly Capital Management, Inc. (NYSE:NLY)

Algebris UK Ltd raised its holdings in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 14.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 831,453 shares of the real estate investment trust's stock after purchasing an additional 103,401 shares during the quarter. Annaly Capital Management accounts for approximately 3.7% of Algebris UK Ltd's investment portfolio, making the stock its 10th biggest position. Algebris UK Ltd owned about 0.15% of Annaly Capital Management worth $14,695,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Avior Wealth Management LLC boosted its holdings in shares of Annaly Capital Management by 209.9% in the 3rd quarter. Avior Wealth Management LLC now owns 1,255 shares of the real estate investment trust's stock valued at $25,000 after purchasing an additional 850 shares in the last quarter. Assetmark Inc. acquired a new stake in shares of Annaly Capital Management in the 4th quarter valued at $31,000. Blue Trust Inc. boosted its holdings in shares of 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 in the last quarter. Larson Financial Group LLC boosted its holdings in shares of Annaly Capital Management by 34.4% in 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 in the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings 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 valued at $45,000 after purchasing an additional 549 shares in the last quarter. Institutional investors and hedge funds own 51.56% of the company's stock.

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Annaly Capital Management Trading Down 0.3 %

NYSE:NLY traded down $0.07 during trading hours on Friday, hitting $21.70. 12,576,229 shares of the company were exchanged, compared to its average volume of 5,260,677. The stock has a market capitalization of $12.55 billion, a price-to-earnings ratio of 13.64, a price-to-earnings-growth 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 fifty day simple moving average of $20.75 and a 200 day simple moving average of $20.02.

Annaly Capital Management (NYSE:NLY - Get Free Report) last announced its earnings results 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 return on equity of 14.95% and a net margin of 20.70%. Equities research analysts predict that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current fiscal year.

Annaly Capital Management Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.70 per share. The ex-dividend date is Monday, March 31st. This represents a $2.80 dividend on an annualized basis and a yield of 12.91%. This is an increase from Annaly Capital Management's previous quarterly dividend of $0.65. Annaly Capital Management's payout ratio is 176.10%.

Analyst Ratings Changes

A number of research analysts have recently commented on NLY shares. JPMorgan Chase & Co. increased their price target 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. Royal Bank of Canada reiterated an "outperform" rating and issued a $22.00 price target on shares of Annaly Capital Management in a research note on Monday, February 10th. Barclays started coverage on Annaly Capital Management in a research note on Monday, January 6th. They issued an "equal weight" rating and a $19.00 price target for the company. 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 given a buy rating to the company's stock. According to data from MarketBeat, Annaly Capital Management currently has an average rating of "Moderate Buy" and an average price target 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.