Annaly Capital Management, Inc. (NYSE:NLY) Short Interest Down 12.7% in February

Annaly Capital Management, Inc. (NYSE:NLY - Get Free Report) saw a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 14,540,000 shares, a decrease of 12.7% from the January 31st total of 16,650,000 shares. Based on an average daily trading volume, of 7,190,000 shares, the short-interest ratio is presently 2.0 days. Currently, 2.5% of the company's stock are sold short.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. JMP Securities reaffirmed a "market perform" rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. Royal Bank of Canada reaffirmed an "outperform" rating and set a $22.00 price objective on shares of Annaly Capital Management in a research report on Monday, February 10th. JPMorgan Chase & Co. upped their price objective on Annaly Capital Management from $19.00 to $21.00 and gave the stock an "overweight" rating in a research report on Friday, January 31st. Finally, Barclays assumed coverage on Annaly Capital Management in a research report on Monday, January 6th. They set an "equal weight" rating and a $19.00 price objective for the company. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $21.44.

Institutional Trading of Annaly Capital Management

A number of hedge funds have recently made changes to their positions in the business. Siemens Fonds Invest GmbH acquired a new stake in shares of Annaly Capital Management in the fourth quarter valued at approximately $1,251,000. B. Riley Wealth Advisors Inc. lifted its position in shares of Annaly Capital Management by 26.9% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 26,245 shares of the real estate investment trust's stock valued at $497,000 after buying an additional 5,570 shares during the last quarter. Ameriflex Group Inc. acquired a new stake in shares of Annaly Capital Management in the fourth quarter valued at approximately $91,000. PVG Asset Management Corp acquired a new stake in shares of Annaly Capital Management in the fourth quarter valued at approximately $193,000. Finally, AlphaCore Capital LLC lifted its position in shares of Annaly Capital Management by 29.4% in the fourth quarter. AlphaCore Capital LLC now owns 18,992 shares of the real estate investment trust's stock valued at $360,000 after buying an additional 4,315 shares during the last quarter. 51.56% of the stock is owned by institutional investors and hedge funds.

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Annaly Capital Management Stock Performance

NYSE NLY traded up $0.54 during trading hours on Friday, hitting $21.85. 7,647,347 shares of the company traded hands, compared to its average volume of 7,554,067. The business's 50-day moving average is $20.14 and its 200-day moving average is $19.92. Annaly Capital Management has a twelve month low of $17.67 and a twelve month high of $22.05. The stock has a market capitalization of $12.63 billion, a price-to-earnings ratio of 13.74, a P/E/G ratio of 4.89 and a beta of 1.53.

Annaly Capital Management (NYSE:NLY - Get Free Report) last released its quarterly earnings data 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 return on equity of 14.95% and a net margin of 20.70%. Analysts predict that Annaly Capital Management will post 2.81 EPS for the current year.

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.