Annaly Capital Management, Inc. (NYSE:NLY) Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC boosted its stake in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 13.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 153,738 shares of the real estate investment trust's stock after acquiring an additional 18,541 shares during the quarter. Janney Montgomery Scott LLC's holdings in Annaly Capital Management were worth $2,813,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of NLY. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Annaly Capital Management by 531.3% in the third 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 valued at $79,900,000 after purchasing an additional 3,350,435 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Annaly Capital Management by 8.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 17,990,064 shares of the real estate investment trust's stock valued at $361,061,000 after purchasing an additional 1,342,056 shares in the last quarter. ORG Wealth Partners LLC grew its position in shares of Annaly Capital Management by 5,113.5% during the fourth quarter. ORG Wealth Partners LLC now owns 788,336 shares of the real estate investment trust's stock worth $14,427,000 after buying an additional 773,215 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Annaly Capital Management by 21.5% during the third quarter. JPMorgan Chase & Co. now owns 3,057,037 shares of the real estate investment trust's stock worth $61,355,000 after buying an additional 541,869 shares in the last quarter. Finally, International Assets Investment Management LLC increased its stake in shares of Annaly Capital Management by 2,254.2% in the third quarter. International Assets Investment Management LLC now owns 449,706 shares of the real estate investment trust's stock worth $90,260,000 after buying an additional 430,604 shares during the last quarter. Institutional investors and hedge funds own 51.56% of the company's stock.

Annaly Capital Management Stock Performance

NLY stock traded up $0.27 during mid-day trading on Tuesday, reaching $20.48. The company had a trading volume of 4,338,001 shares, compared to its average volume of 6,667,536. Annaly Capital Management, Inc. has a one year low of $17.67 and a one year high of $21.11. The stock has a market capitalization of $11.48 billion, a P/E ratio of 12.88 and a beta of 1.52. The company has a quick ratio of 0.08, a current ratio of 0.12 and a debt-to-equity ratio of 0.22. The stock's 50-day simple moving average is $19.31 and its two-hundred day simple moving average is $19.69.

Annaly Capital Management (NYSE:NLY - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share for the quarter, beating 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%. Research analysts anticipate that Annaly Capital Management, Inc. will post 2.72 EPS for the current year.

Annaly Capital Management Announces Dividend

The firm 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. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.60 annualized dividend and a dividend yield of 12.69%. Annaly Capital Management's dividend payout ratio is presently 163.52%.

Analysts Set New Price Targets

NLY has been the topic of a number of research analyst reports. Royal Bank of Canada increased their price objective on shares of Annaly Capital Management from $21.00 to $22.00 and gave the company an "outperform" rating in a research note on Monday, January 27th. Barclays initiated 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. JMP Securities restated a "market perform" rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. Argus upgraded 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. Finally, JPMorgan Chase & Co. upped their price target on Annaly Capital Management from $19.00 to $21.00 and gave the company an "overweight" rating in a research report on Friday. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price 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.