Anson Funds Management LP Makes New Investment in Annaly Capital Management, Inc. (NYSE:NLY)

Anson Funds Management LP acquired a new stake in shares of Annaly Capital Management, Inc. (NYSE:NLY - Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 137,500 shares of the real estate investment trust's stock, valued at approximately $2,760,000.

A number of other institutional investors also recently made changes to their positions in NLY. SG Americas Securities LLC boosted its stake in Annaly Capital Management by 81.1% during the second quarter. SG Americas Securities LLC now owns 253,802 shares of the real estate investment trust's stock valued at $4,837,000 after buying an additional 113,666 shares in the last quarter. Fermata Advisors LLC acquired a new position in shares of Annaly Capital Management in the 2nd quarter worth approximately $311,000. Aspire Private Capital LLC raised its holdings in shares of Annaly Capital Management by 18.5% in the 2nd quarter. Aspire Private Capital LLC now owns 12,705 shares of the real estate investment trust's stock worth $242,000 after purchasing an additional 1,982 shares in the last quarter. White Lighthouse Investment Management Inc. acquired a new stake in Annaly Capital Management during the second quarter valued at approximately $198,000. Finally, Wedmont Private Capital boosted its holdings in Annaly Capital Management by 7.0% during the second quarter. Wedmont Private Capital now owns 20,440 shares of the real estate investment trust's stock worth $417,000 after buying an additional 1,334 shares in the last quarter. 51.56% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Wells Fargo & Company raised Annaly Capital Management from an "equal weight" rating to an "overweight" rating and boosted their target price for the stock from $19.00 to $23.00 in a research report on Friday, September 20th. JMP Securities reaffirmed a "market perform" rating on shares of Annaly Capital Management in a research note on Wednesday, August 28th. Argus raised shares of Annaly Capital Management from a "hold" rating to a "buy" rating and set a $21.00 price objective for the company in a research note on Thursday, October 31st. Finally, JPMorgan Chase & Co. decreased their target price on Annaly Capital Management from $22.00 to $21.00 and set an "overweight" rating for the company in a research report on Friday, October 25th. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $21.63.

Annaly Capital Management Stock Performance

Shares of NLY traded up $0.24 during trading hours on Friday, reaching $19.84. 5,258,351 shares of the company traded hands, compared to its average volume of 5,286,213. The stock's fifty day moving average is $19.65 and its 200 day moving average is $19.84. Annaly Capital Management, Inc. has a 1-year low of $17.67 and a 1-year high of $21.11. The stock has a market cap of $11.12 billion, a P/E ratio of -283.43 and a beta of 1.51.

Annaly Capital Management (NYSE:NLY - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The real estate investment trust reported $0.66 EPS for the quarter, missing analysts' consensus estimates of $0.67 by ($0.01). The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $212.00 million. Annaly Capital Management had a return on equity of 14.75% and a net margin of 2.59%. During the same quarter in the prior year, the business posted $0.66 EPS. On average, equities research analysts predict that Annaly Capital Management, Inc. will post 2.65 EPS for the current year.

Annaly Capital Management Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be issued a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 13.10%. The ex-dividend date is Tuesday, December 31st. Annaly Capital Management's dividend payout ratio (DPR) is presently -3,714.29%.

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.