ClearAlpha Technologies LP Has $857,000 Stock Position in Annaly Capital Management, Inc. (NYSE:NLY)

ClearAlpha Technologies LP trimmed its position in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 30.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,821 shares of the real estate investment trust's stock after selling 20,376 shares during the quarter. Annaly Capital Management accounts for 0.6% of ClearAlpha Technologies LP's portfolio, making the stock its 25th largest position. ClearAlpha Technologies LP's holdings in Annaly Capital Management were worth $857,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. J. Safra Sarasin Holding AG raised its holdings in shares of Annaly Capital Management by 3.2% in the 4th quarter. J. Safra Sarasin Holding AG now owns 79,431 shares of the real estate investment trust's stock worth $1,454,000 after buying an additional 2,448 shares in the last quarter. Stifel Financial Corp lifted its holdings in shares of Annaly Capital Management by 19.6% during the fourth quarter. Stifel Financial Corp now owns 363,552 shares of the real estate investment trust's stock valued at $6,653,000 after acquiring an additional 59,661 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of Annaly Capital Management by 3.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 31,720 shares of the real estate investment trust's stock valued at $580,000 after purchasing an additional 1,063 shares in the last quarter. Transce3nd LLC bought a new stake in shares of Annaly Capital Management in the 4th quarter worth about $1,100,000. Finally, Sharpepoint LLC acquired a new stake in shares of Annaly Capital Management during the 4th quarter worth about $897,000. 51.56% of the stock is owned by institutional investors.

Annaly Capital Management Price Performance

Shares of NYSE NLY opened at $17.90 on Monday. Annaly Capital Management, Inc. has a fifty-two week low of $16.60 and a fifty-two week high of $22.11. The firm has a market capitalization of $10.69 billion, a P/E ratio of 11.25, a P/E/G ratio of 4.89 and a beta of 1.31. The company's 50 day simple moving average is $20.46 and its 200 day simple moving average is $19.84.

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

Annaly Capital Management Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be issued a $0.70 dividend. This is an increase from Annaly Capital Management's previous quarterly dividend of $0.65. This represents a $2.80 annualized dividend and a dividend yield of 15.65%. The ex-dividend date is Monday, March 31st. Annaly Capital Management's dividend payout ratio is 176.10%.

Analyst Upgrades and Downgrades

NLY has been the subject of several recent analyst reports. Barclays assumed coverage on shares of Annaly Capital Management in a report on Monday, January 6th. They set an "equal weight" rating and a $19.00 price objective for the company. JMP Securities reiterated a "market perform" rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. JPMorgan Chase & Co. decreased their target price on Annaly Capital Management from $21.00 to $19.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. Keefe, Bruyette & Woods cut their price target on Annaly Capital Management from $21.00 to $20.15 and set an "outperform" rating for the company in a report on Tuesday, April 8th. Finally, Royal Bank of Canada reissued an "outperform" rating and set a $22.00 price objective on shares of Annaly Capital Management in a report on Monday, February 10th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $21.07.

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.

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