Asset Management One Co. Ltd. Buys 24,791 Shares of Annaly Capital Management, Inc. (NYSE:NLY)

Asset Management One Co. Ltd. increased its position in shares of Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 13.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 210,119 shares of the real estate investment trust's stock after purchasing an additional 24,791 shares during the period. Asset Management One Co. Ltd.'s holdings in Annaly Capital Management were worth $3,980,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in NLY. Clarity Capital Partners LLC raised its stake in shares of Annaly Capital Management by 59.9% in the 4th quarter. Clarity Capital Partners LLC now owns 17,204 shares of the real estate investment trust's stock valued at $315,000 after acquiring an additional 6,444 shares during the period. Values First Advisors Inc. boosted its stake in Annaly Capital Management by 5.5% during the 4th quarter. Values First Advisors Inc. now owns 30,324 shares of the real estate investment trust's stock valued at $555,000 after purchasing an additional 1,575 shares during the period. Allspring Global Investments Holdings LLC raised its position in shares of Annaly Capital Management by 0.6% during the 4th 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 in the last quarter. Louisiana State Employees Retirement System raised its position in shares of Annaly Capital Management by 12.0% during the 4th quarter. Louisiana State Employees Retirement System now owns 155,600 shares of the real estate investment trust's stock worth $2,847,000 after buying an additional 16,700 shares in the last quarter. Finally, International Private Wealth Advisors LLC bought a new stake in shares of Annaly Capital Management in the 4th quarter worth approximately $231,000. 51.56% of the stock is owned by hedge funds and other institutional investors.

Annaly Capital Management Price Performance

Shares of NYSE:NLY traded down $0.13 during mid-day trading on Friday, hitting $21.61. The company had a trading volume of 6,102,412 shares, compared to its average volume of 6,746,611. The firm has a fifty day moving average price of $19.59 and a 200 day moving average price of $19.78. Annaly Capital Management, Inc. has a one year low of $17.67 and a one year high of $21.88. The company has a market capitalization of $12.50 billion, a PE ratio of 13.59, a price-to-earnings-growth ratio of 4.85 and a beta of 1.52.

Annaly Capital Management (NYSE:NLY - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 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%. Research analysts expect that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current fiscal year.

Annaly Capital Management Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st were paid a $0.65 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.60 dividend on an annualized basis and a yield of 12.03%. Annaly Capital Management's dividend payout ratio is currently 163.52%.

Wall Street Analyst Weigh In

NLY has been the topic of a number of research analyst reports. Argus raised shares of Annaly Capital Management from a "hold" rating to a "buy" rating and set a $21.00 price objective on the stock in a research report on Thursday, October 31st. Barclays assumed coverage on shares of Annaly Capital Management in a research report on Monday, January 6th. They issued an "equal weight" rating and a $19.00 price objective for the company. Royal Bank of Canada restated an "outperform" rating and issued a $22.00 price objective on shares of Annaly Capital Management in a research report on Monday, February 10th. JPMorgan Chase & Co. lifted their price target on shares of 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, JMP Securities reiterated a "market perform" rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. 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 company has an average rating of "Moderate Buy" and a consensus target price of $21.44.

Annaly Capital Management Company 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.