Annaly Capital Management, Inc. (NYSE:NLY) Holdings Raised by Independent Advisor Alliance

Independent Advisor Alliance boosted its holdings in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 64.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,351 shares of the real estate investment trust's stock after acquiring an additional 12,267 shares during the quarter. Independent Advisor Alliance's holdings in Annaly Capital Management were worth $574,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in NLY. KBC Group NV increased its position in Annaly Capital Management by 238.9% in the 4th quarter. KBC Group NV now owns 5,198,020 shares of the real estate investment trust's stock valued at $95,124,000 after acquiring an additional 3,664,098 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position 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 valued at $79,900,000 after acquiring an additional 3,350,435 shares during the period. PL Capital Advisors LLC increased its position in Annaly Capital Management by 1,730.0% in the 4th quarter. PL Capital Advisors LLC now owns 2,792,635 shares of the real estate investment trust's stock valued at $51,105,000 after acquiring an additional 2,640,032 shares during the period. ORG Wealth Partners LLC increased its position in Annaly Capital Management by 5,113.5% in 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 acquiring an additional 773,215 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in Annaly Capital Management in the 4th quarter valued at approximately $12,676,000. 51.56% of the stock is currently owned by institutional investors and hedge funds.

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Annaly Capital Management Price Performance

Annaly Capital Management stock traded down $0.05 during midday trading on Thursday, reaching $21.76. The stock had a trading volume of 5,391,912 shares, compared to its average volume of 5,212,293. The firm's fifty day simple moving average is $20.61 and its two-hundred day simple moving average is $20.00. Annaly Capital Management, Inc. has a twelve month low of $17.67 and a twelve month high of $22.11. The firm has a market cap of $12.58 billion, a price-to-earnings ratio of 13.68, a PEG ratio of 4.89 and a beta of 1.53.

Annaly Capital Management (NYSE:NLY - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The real estate investment trust reported $0.72 EPS for the quarter, topping analysts' consensus estimates 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, sell-side analysts predict that Annaly Capital Management, Inc. will post 2.81 EPS for the current fiscal year.

Annaly Capital Management Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be paid a $0.70 dividend. This is a positive change from Annaly Capital Management's previous quarterly dividend of $0.65. The ex-dividend date 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 currently 176.10%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. JMP Securities reiterated a "market perform" rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. Barclays assumed 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. JPMorgan Chase & Co. lifted their price target 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. Finally, Royal Bank of Canada reiterated an "outperform" rating and set a $22.00 price target on shares of Annaly Capital Management in a research report on Monday, February 10th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $21.44.

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.