21,569 Shares in Annaly Capital Management, Inc. (NYSE:NLY) Purchased by GWN Securities Inc.

GWN Securities Inc. purchased a new position in shares of Annaly Capital Management, Inc. (NYSE:NLY - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 21,569 shares of the real estate investment trust's stock, valued at approximately $420,000.

A number of other hedge funds have also recently modified their holdings of the stock. Avior Wealth Management LLC raised 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 in the last quarter. Assetmark Inc. acquired a new position in shares of Annaly Capital Management in the 4th quarter valued at $31,000. Blue Trust Inc. lifted its stake in shares of Annaly Capital Management by 78.5% in 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 period. Larson Financial Group LLC boosted its holdings in Annaly Capital Management by 34.4% during the fourth quarter. Larson Financial Group LLC now owns 2,143 shares of the real estate investment trust's stock worth $39,000 after buying an additional 549 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in Annaly Capital Management by 29.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,425 shares of the real estate investment trust's stock valued at $45,000 after buying an additional 549 shares in the last quarter. Hedge funds and other institutional investors own 51.56% of the company's stock.

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Annaly Capital Management Stock Down 0.2 %

Shares of Annaly Capital Management stock traded down $0.05 during trading hours on Thursday, reaching $21.76. 5,395,214 shares of the company's stock were exchanged, compared to its average volume of 7,513,746. The business has a fifty day moving average of $20.61 and a two-hundred day moving average of $20.00. The company has a market capitalization of $12.58 billion, a P/E ratio of 13.68, a price-to-earnings-growth ratio of 4.89 and a beta of 1.53. Annaly Capital Management, Inc. has a 1 year low of $17.67 and a 1 year high of $22.11.

Annaly Capital Management (NYSE:NLY - Get Free Report) last announced its quarterly earnings data 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%. As a group, research analysts predict that Annaly Capital Management, Inc. will post 2.81 EPS for the current year.

Annaly Capital Management Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be given a dividend of $0.70 per share. This is an increase from Annaly Capital Management's previous quarterly dividend of $0.65. The ex-dividend date of this dividend is Monday, March 31st. This represents a $2.80 dividend on an annualized basis and a yield of 12.87%. Annaly Capital Management's dividend payout ratio (DPR) is presently 176.10%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on NLY. JMP Securities restated a "market perform" rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. Barclays initiated coverage on Annaly Capital Management in a research note on Monday, January 6th. They set an "equal weight" rating and a $19.00 target price for the company. Royal Bank of Canada reissued an "outperform" rating and issued a $22.00 price target on shares of Annaly Capital Management in a research note on Monday, February 10th. Finally, JPMorgan Chase & Co. upped their price objective 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. Three investment 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, Annaly Capital Management presently has a consensus rating of "Moderate Buy" and a consensus target price of $21.44.

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.