Annaly Capital Management, Inc. (NYSE:NLY) Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC cut its holdings in shares of Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 95.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 22,497 shares of the real estate investment trust's stock after selling 427,209 shares during the period. International Assets Investment Management LLC's holdings in Annaly Capital Management were worth $413,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Toth Financial Advisory Corp grew its stake 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 buying an additional 576 shares during the last quarter. Wesbanco Bank Inc. boosted its stake in shares of Annaly Capital Management by 2.8% in the third quarter. Wesbanco Bank Inc. now owns 21,314 shares of the real estate investment trust's stock worth $428,000 after acquiring an additional 584 shares during the period. Meiji Yasuda Asset Management Co Ltd. lifted its stake in Annaly Capital Management by 3.0% in the 2nd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 20,537 shares of the real estate investment trust's stock worth $391,000 after purchasing an additional 597 shares in the last quarter. UMB Bank n.a. lifted its holdings in shares of Annaly Capital Management by 70.2% in the 3rd quarter. UMB Bank n.a. now owns 1,568 shares of the real estate investment trust's stock valued at $31,000 after acquiring an additional 647 shares during the last quarter. Finally, First Citizens Bank & Trust Co. boosted its stake in shares of Annaly Capital Management by 5.3% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 13,006 shares of the real estate investment trust's stock worth $261,000 after purchasing an additional 653 shares during the period. 51.56% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on NLY. Argus upgraded shares of Annaly Capital Management from a "hold" rating to a "buy" rating and set a $21.00 price objective for the company in a report on Thursday, October 31st. Wells Fargo & Company upgraded shares of Annaly Capital Management from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $19.00 to $23.00 in a report on Friday, September 20th. JPMorgan Chase & Co. dropped their price target on shares of Annaly Capital Management from $21.00 to $20.00 and set an "overweight" rating for the company in a research report on Monday, December 9th. Finally, Barclays initiated coverage on shares of Annaly Capital Management in a research note on Monday, January 6th. They set an "equal weight" rating and a $19.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $21.22.

Annaly Capital Management Price Performance

NLY traded down $0.38 during midday trading on Friday, reaching $18.13. 7,025,363 shares of the company's stock were exchanged, compared to its average volume of 6,803,334. Annaly Capital Management, Inc. has a 1-year low of $17.67 and a 1-year high of $21.11. The business's 50-day moving average price is $19.33 and its 200 day moving average price is $19.70. The stock has a market capitalization of $10.16 billion, a PE ratio of -259.00 and a beta of 1.51.

Annaly Capital Management (NYSE:NLY - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The real estate investment trust reported $0.66 EPS for the quarter, missing analysts' consensus estimates of $0.67 by ($0.01). Annaly Capital Management had a return on equity of 14.75% and a net margin of 2.59%. The company had revenue of $1.23 billion for the quarter, compared to analysts' expectations of $212.00 million. During the same quarter in the prior year, the business posted $0.66 EPS. As a group, analysts expect that Annaly Capital Management, Inc. will post 2.65 EPS for the current fiscal year.

Annaly Capital Management Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, December 31st will be paid a $0.65 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $2.60 annualized dividend and a yield of 14.34%. Annaly Capital Management's payout ratio is currently -3,714.29%.

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.