Achmea Investment Management B.V. Has $920,000 Stock Holdings in Annaly Capital Management, Inc. (NYSE:NLY)

Achmea Investment Management B.V. lessened its stake in shares of Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 77.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 50,270 shares of the real estate investment trust's stock after selling 171,197 shares during the period. Achmea Investment Management B.V.'s holdings in Annaly Capital Management were worth $920,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC increased its position in Annaly Capital Management by 0.6% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 18,099,719 shares of the real estate investment trust's stock worth $332,665,000 after buying an additional 109,655 shares during the last quarter. State Street Corp increased its holdings in shares of Annaly Capital Management by 1.3% in the third quarter. State Street Corp now owns 17,400,024 shares of the real estate investment trust's stock valued at $360,296,000 after purchasing an additional 223,294 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Annaly Capital Management by 2.9% in the third quarter. Geode Capital Management LLC now owns 8,638,216 shares of the real estate investment trust's stock valued at $172,988,000 after purchasing an additional 241,465 shares during the period. KBC Group NV lifted 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 buying an additional 3,664,098 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in Annaly Capital Management by 8.8% in the 4th quarter. Bank of New York Mellon Corp now owns 4,040,958 shares of the real estate investment trust's stock valued at $73,950,000 after acquiring an additional 325,542 shares during the period. 51.56% of the stock is owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

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

Annaly Capital Management Stock Performance

Shares of Annaly Capital Management stock traded down $0.13 during midday trading on Wednesday, hitting $21.79. 6,825,930 shares of the company traded hands, compared to its average volume of 5,203,132. The stock has a market cap of $12.60 billion, a price-to-earnings ratio of 13.71, a PEG ratio of 4.89 and a beta of 1.53. The firm's fifty day moving average price is $20.55 and its 200-day moving average price is $19.99. Annaly Capital Management, Inc. has a 12 month low of $17.67 and a 12 month high of $22.11.

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, 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%. Equities research analysts forecast that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current year.

Annaly Capital Management Increases Dividend

The firm 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 $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 12.85%. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from Annaly Capital Management's previous quarterly dividend of $0.65. Annaly Capital Management's dividend payout ratio (DPR) is 176.10%.

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.