13,074 Shares in Annaly Capital Management, Inc. (NYSE:NLY) Acquired by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC bought a new position in shares of Annaly Capital Management, Inc. (NYSE:NLY - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 13,074 shares of the real estate investment trust's stock, valued at approximately $239,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. PFG Investments LLC raised its position in shares of Annaly Capital Management by 12.6% in the fourth quarter. PFG Investments LLC now owns 120,505 shares of the real estate investment trust's stock valued at $2,205,000 after purchasing an additional 13,446 shares during the period. First Citizens Bank & Trust Co. increased its stake in shares of Annaly Capital Management by 16.6% in the 4th quarter. First Citizens Bank & Trust Co. now owns 15,163 shares of the real estate investment trust's stock valued at $277,000 after purchasing an additional 2,157 shares during the last quarter. Flagship Harbor Advisors LLC raised its stake in Annaly Capital Management by 7.1% during the fourth quarter. Flagship Harbor Advisors LLC now owns 13,137 shares of the real estate investment trust's stock worth $240,000 after acquiring an additional 876 shares in the last quarter. Toth Financial Advisory Corp boosted its position in Annaly Capital Management by 108.8% in the fourth quarter. Toth Financial Advisory Corp now owns 4,990 shares of the real estate investment trust's stock valued at $91,000 after buying an additional 2,600 shares in the last quarter. Finally, Geneos Wealth Management Inc. acquired a new position in Annaly Capital Management in the 4th quarter worth about $102,000. Institutional investors and hedge funds own 51.56% of the company's stock.

Annaly Capital Management Stock Up 0.1 %

Shares of Annaly Capital Management stock traded up $0.03 on Wednesday, reaching $20.53. The company's stock had a trading volume of 4,975,478 shares, compared to its average volume of 6,594,186. The company has a quick ratio of 0.08, a current ratio of 0.12 and a debt-to-equity ratio of 0.22. Annaly Capital Management, Inc. has a 52 week low of $17.67 and a 52 week high of $21.11. The company has a market capitalization of $11.51 billion, a price-to-earnings ratio of 12.91 and a beta of 1.52. The firm's fifty day simple moving average is $19.32 and its two-hundred day simple moving average is $19.70.

Annaly Capital Management (NYSE:NLY - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share (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%. Equities analysts anticipate that Annaly Capital Management, Inc. will post 2.72 earnings per share for the current year.

Annaly Capital Management Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders 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 dividend yield of 12.67%. Annaly Capital Management's dividend payout ratio (DPR) is 163.52%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. increased their price target on Annaly Capital Management from $19.00 to $21.00 and gave the company an "overweight" rating in a research note on Friday, January 31st. 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 target price for the company in a research report on Thursday, October 31st. Royal Bank of Canada raised their price objective on Annaly Capital Management from $21.00 to $22.00 and gave the company an "outperform" rating in a research note on Monday, January 27th. Finally, 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 for the company. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, Annaly Capital Management presently has an average 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.