Handelsbanken Fonder AB Acquires 26,600 Shares of Annaly Capital Management, Inc. (NYSE:NLY)

Handelsbanken Fonder AB lifted its position in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 21.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 150,600 shares of the real estate investment trust's stock after purchasing an additional 26,600 shares during the quarter. Handelsbanken Fonder AB's holdings in Annaly Capital Management were worth $2,756,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in NLY. Allspring Global Investments Holdings LLC increased its stake in Annaly Capital Management by 0.6% in 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 acquiring an additional 109,655 shares during the last quarter. State Street Corp grew its holdings in shares of Annaly Capital Management by 1.3% during the third quarter. State Street Corp now owns 17,400,024 shares of the real estate investment trust's stock worth $360,296,000 after purchasing an additional 223,294 shares in the last quarter. Geode Capital Management LLC raised its stake in Annaly Capital Management by 2.9% in the third quarter. Geode Capital Management LLC now owns 8,638,216 shares of the real estate investment trust's stock valued at $172,988,000 after purchasing an additional 241,465 shares in the last quarter. KBC Group NV lifted 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 valued at $95,124,000 after purchasing an additional 3,664,098 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Annaly Capital Management by 531.3% in the 3rd 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 buying an additional 3,350,435 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 Trading Up 1.1 %

NYSE NLY traded up $0.24 on Friday, hitting $21.97. The company's stock had a trading volume of 13,502,074 shares, compared to its average volume of 7,492,697. The firm has a market cap of $12.70 billion, a P/E ratio of 13.81, a PEG ratio of 4.89 and a beta of 1.52. Annaly Capital Management, Inc. has a 52-week low of $17.67 and a 52-week high of $22.05. The company's 50-day simple moving average is $19.83 and its 200 day simple moving average is $19.85.

Annaly Capital Management (NYSE:NLY - Get Free Report) last announced its 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%. On average, research analysts forecast that Annaly Capital Management, Inc. will post 2.81 EPS for the current fiscal year.

Annaly Capital Management Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 11.84%. The ex-dividend date of this dividend was Tuesday, December 31st. Annaly Capital Management's dividend payout ratio is currently 163.52%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. JPMorgan Chase & Co. lifted their price target on Annaly Capital Management from $19.00 to $21.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. Barclays initiated coverage on shares of Annaly Capital Management in a report on Monday, January 6th. They issued an "equal weight" rating and a $19.00 price objective for the company. 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 research report on Thursday, October 31st. JMP Securities restated a "market perform" rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. Finally, Royal Bank of Canada reiterated an "outperform" rating and issued a $22.00 price objective on shares of Annaly Capital Management in a report on Monday, February 10th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat, the company currently 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.