Columbus Macro LLC Makes New $6.31 Million Investment in Annaly Capital Management, Inc. (NYSE:NLY)

Columbus Macro LLC bought a new stake in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 344,635 shares of the real estate investment trust's stock, valued at approximately $6,307,000. Columbus Macro LLC owned about 0.06% of Annaly Capital Management as of its most recent SEC filing.

Several other large investors also recently modified their holdings of NLY. KBC Group NV boosted its position in Annaly Capital Management by 238.9% during the fourth quarter. KBC Group NV now owns 5,198,020 shares of the real estate investment trust's stock worth $95,124,000 after purchasing an additional 3,664,098 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position 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 worth $79,900,000 after acquiring an additional 3,350,435 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings 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 worth $361,061,000 after acquiring an additional 1,342,056 shares during the last quarter. ORG Wealth Partners LLC grew its holdings in shares of Annaly Capital Management by 5,113.5% during the 4th quarter. ORG Wealth Partners LLC now owns 788,336 shares of the real estate investment trust's stock valued at $14,427,000 after purchasing an additional 773,215 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in Annaly Capital Management by 21.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,057,037 shares of the real estate investment trust's stock worth $61,355,000 after purchasing an additional 541,869 shares during the period. Hedge funds and other institutional investors own 51.56% of the company's stock.

Annaly Capital Management Price Performance

Shares of NYSE:NLY traded down $0.19 during trading on Friday, hitting $20.50. 7,459,270 shares of the company's stock were exchanged, compared to its average volume of 6,592,603. The business's 50-day simple moving average is $19.35 and its 200 day simple moving average is $19.71. The company has a market cap of $11.49 billion, a price-to-earnings ratio of 12.90 and a beta of 1.52. Annaly Capital Management, Inc. has a 52-week low of $17.67 and a 52-week high of $21.11. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.12 and a quick ratio of 0.08.

Annaly Capital Management (NYSE:NLY - Get Free Report) last released its earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 EPS for the quarter, topping 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%. As a group, equities analysts predict that Annaly Capital Management, Inc. will post 2.72 EPS for the current year.

Annaly Capital Management Dividend Announcement

The company 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 dividend on an annualized basis and a dividend yield of 12.68%. Annaly Capital Management's payout ratio is 163.52%.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Royal Bank of Canada upped their price target on shares of Annaly Capital Management from $21.00 to $22.00 and gave the company an "outperform" rating in a research report on Monday, January 27th. Barclays started coverage on Annaly Capital Management in a research report on Monday, January 6th. They set an "equal weight" rating and a $19.00 price target on the stock. JMP Securities reiterated a "market perform" rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. Argus upgraded shares of Annaly Capital Management from a "hold" rating to a "buy" rating and set a $21.00 target price on the stock in a report on Thursday, October 31st. Finally, JPMorgan Chase & Co. upped their price target on shares of Annaly Capital Management from $19.00 to $21.00 and gave the company an "overweight" rating in a report on Friday, January 31st. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target 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.