Louisiana State Employees Retirement System Acquires 16,700 Shares of Annaly Capital Management, Inc. (NYSE:NLY)

Louisiana State Employees Retirement System raised its stake in shares of Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 12.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 155,600 shares of the real estate investment trust's stock after purchasing an additional 16,700 shares during the period. Louisiana State Employees Retirement System's holdings in Annaly Capital Management were worth $2,847,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. KBC Group NV lifted its stake in shares of 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 worth $95,124,000 after purchasing an additional 3,664,098 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Annaly Capital Management by 531.3% during the third 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. Allspring Global Investments Holdings LLC grew its holdings in Annaly Capital Management by 8.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 17,990,064 shares of the real estate investment trust's stock worth $361,061,000 after acquiring an additional 1,342,056 shares in the last quarter. ORG Wealth Partners LLC grew its stake in Annaly Capital Management by 5,113.5% in the fourth quarter. ORG Wealth Partners LLC now owns 788,336 shares of the real estate investment trust's stock worth $14,427,000 after purchasing an additional 773,215 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Annaly Capital Management by 21.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,057,037 shares of the real estate investment trust's stock valued at $61,355,000 after acquiring an additional 541,869 shares during the last quarter. 51.56% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on NLY shares. 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 report on Thursday, October 31st. JMP Securities restated a "market perform" rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. Barclays started coverage on Annaly Capital Management in a research note on Monday, January 6th. They set an "equal weight" rating and a $19.00 price target for the company. JPMorgan Chase & Co. upped their price objective on Annaly Capital Management from $19.00 to $21.00 and gave the company an "overweight" rating in a report on Friday, January 31st. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and set a $22.00 target price 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 issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $21.44.

Annaly Capital Management Trading Up 1.5 %

Shares of NLY traded up $0.31 during midday trading on Monday, hitting $21.24. The stock had a trading volume of 8,174,775 shares, compared to its average volume of 6,178,078. The business has a 50-day simple moving average of $19.49 and a two-hundred day simple moving average of $19.74. The firm has a market cap of $11.90 billion, a P/E ratio of 13.36, a price-to-earnings-growth ratio of 4.66 and a beta of 1.52. The company has a current ratio of 0.12, a quick ratio of 0.08 and a debt-to-equity ratio of 0.22. Annaly Capital Management, Inc. has a fifty-two week low of $17.67 and a fifty-two week high of $21.29.

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 earnings per share for the quarter, topping the consensus estimate 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, equities analysts forecast that Annaly Capital Management, Inc. will post 2.81 EPS for the current year.

Annaly Capital Management Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.65 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.60 annualized dividend and a yield of 12.24%. Annaly Capital Management's dividend payout ratio (DPR) is presently 163.52%.

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.