J.W. Cole Advisors Inc. Grows Holdings in Annaly Capital Management, Inc. (NYSE:NLY)

J.W. Cole Advisors Inc. grew its stake in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 26.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,242 shares of the real estate investment trust's stock after buying an additional 19,008 shares during the period. J.W. Cole Advisors Inc.'s holdings in Annaly Capital Management were worth $1,651,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Armstrong Advisory Group Inc. grew its stake in Annaly Capital Management by 6.6% in the 4th quarter. Armstrong Advisory Group Inc. now owns 9,121 shares of the real estate investment trust's stock worth $167,000 after buying an additional 562 shares in the last quarter. Fermata Advisors LLC grew its stake in Annaly Capital Management by 3.2% in the 4th quarter. Fermata Advisors LLC now owns 18,022 shares of the real estate investment trust's stock worth $330,000 after buying an additional 563 shares in the last quarter. Toth Financial Advisory Corp grew its stake in 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 in the last quarter. KG&L Capital Management LLC grew its stake in Annaly Capital Management by 2.0% in the 4th quarter. KG&L Capital Management LLC now owns 30,648 shares of the real estate investment trust's stock worth $561,000 after buying an additional 600 shares in the last quarter. Finally, First Citizens Bank & Trust Co. grew its stake in Annaly Capital Management by 5.3% in 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 buying an additional 653 shares in the last quarter. Hedge funds and other institutional investors own 51.56% of the company's stock.

Annaly Capital Management Stock Performance

NYSE:NLY traded down $0.10 during midday trading on Friday, reaching $21.64. 14,278,179 shares of the stock traded hands, compared to its average volume of 6,993,048. The company has a fifty day moving average of $19.63 and a 200 day moving average of $19.80. Annaly Capital Management, Inc. has a 12 month low of $17.67 and a 12 month high of $21.88. The stock has a market capitalization of $12.51 billion, a P/E ratio of 13.61, a PEG ratio of 4.85 and a beta of 1.52.

Annaly Capital Management (NYSE:NLY - Get Free Report) last posted its quarterly 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 net margin of 20.70% and a return on equity of 14.95%. On average, analysts predict that Annaly Capital Management, Inc. will post 2.81 EPS for the current fiscal year.

Annaly Capital Management Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st were issued a $0.65 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $2.60 annualized dividend and a yield of 12.02%. Annaly Capital Management's dividend payout ratio (DPR) is presently 163.52%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on NLY shares. JMP Securities reaffirmed a "market perform" rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. Argus raised 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 research note on Thursday, October 31st. JPMorgan Chase & Co. upped their price objective on shares of Annaly Capital Management from $19.00 to $21.00 and gave the company an "overweight" rating in a research note on Friday, January 31st. Barclays started coverage on shares of Annaly Capital Management in a research note on Monday, January 6th. They issued an "equal weight" rating and a $19.00 price objective for the company. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and issued a $22.00 price objective on shares of Annaly Capital Management in a research note on Monday, February 10th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company 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.