Consolidated Portfolio Review Corp Invests $641,000 in Annaly Capital Management, Inc. (NYSE:NLY)

Consolidated Portfolio Review Corp purchased a new stake in shares of Annaly Capital Management, Inc. (NYSE:NLY - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 35,054 shares of the real estate investment trust's stock, valued at approximately $641,000.

A number of other institutional investors have also modified their holdings of NLY. Avior Wealth Management LLC lifted its position in Annaly Capital Management by 209.9% during the third quarter. Avior Wealth Management LLC now owns 1,255 shares of the real estate investment trust's stock valued at $25,000 after acquiring an additional 850 shares during the last quarter. UMB Bank n.a. increased its position in shares of Annaly Capital Management by 70.2% during the third quarter. UMB Bank n.a. now owns 1,568 shares of the real estate investment trust's stock worth $31,000 after purchasing an additional 647 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Annaly Capital Management by 78.5% during the 4th quarter. Blue Trust Inc. now owns 1,630 shares of the real estate investment trust's stock valued at $33,000 after purchasing an additional 717 shares during the last quarter. Toth Financial Advisory Corp boosted its position in shares of Annaly Capital Management by 31.8% in the 3rd quarter. Toth Financial Advisory Corp now owns 2,390 shares of the real estate investment trust's stock worth $48,000 after purchasing an additional 576 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC grew its stake in Annaly Capital Management by 68.1% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 2,962 shares of the real estate investment trust's stock worth $56,000 after buying an additional 1,200 shares during the last quarter. 51.56% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Barclays began coverage on Annaly Capital Management in a research note on Monday, January 6th. They issued an "equal weight" rating and a $19.00 price target for the company. JMP Securities reissued 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 price target on the stock in a research note on Thursday, October 31st. Royal Bank of Canada reiterated an "outperform" rating and set a $22.00 price objective on shares of Annaly Capital Management in a research note on Monday. Finally, JPMorgan Chase & Co. upped their target price on Annaly Capital Management from $19.00 to $21.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, Annaly Capital Management currently has a consensus rating of "Moderate Buy" and an average price target of $21.44.

Annaly Capital Management Stock Performance

NLY stock traded up $0.06 during trading on Tuesday, hitting $20.75. 8,189,388 shares of the company traded hands, compared to its average volume of 6,609,918. 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, Inc. has a 1 year low of $17.67 and a 1 year high of $21.11. The stock's 50-day simple moving average is $19.38 and its 200 day simple moving average is $19.71. The company has a market cap of $11.63 billion, a PE ratio of 13.05, a P/E/G ratio of 4.66 and a beta of 1.52.

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

Annaly Capital Management Dividend Announcement

The firm also recently announced 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. This represents a $2.60 dividend on an annualized basis and a dividend yield of 12.53%. The ex-dividend date of this dividend was Tuesday, December 31st. Annaly Capital Management's dividend payout ratio (DPR) is presently 163.52%.

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.