Natixis Acquires 28,605 Shares of Annaly Capital Management, Inc. (NYSE:NLY)

Natixis grew its holdings in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 383.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,061 shares of the real estate investment trust's stock after purchasing an additional 28,605 shares during the quarter. Natixis' holdings in Annaly Capital Management were worth $660,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Proffitt & Goodson Inc. increased its holdings in Annaly Capital Management by 1.0% in the fourth quarter. Proffitt & Goodson Inc. now owns 53,040 shares of the real estate investment trust's stock worth $971,000 after purchasing an additional 505 shares in the last quarter. Cannell & Spears LLC lifted its position in shares of Annaly Capital Management by 1.3% during the 4th quarter. Cannell & Spears LLC now owns 41,268 shares of the real estate investment trust's stock valued at $755,000 after acquiring an additional 518 shares during the period. LVZ Inc. boosted its stake in Annaly Capital Management by 2.7% during the fourth quarter. LVZ Inc. now owns 19,632 shares of the real estate investment trust's stock worth $359,000 after acquiring an additional 521 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in Annaly Capital Management by 29.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,425 shares of the real estate investment trust's stock worth $45,000 after purchasing an additional 549 shares during the period. Finally, Larson Financial Group LLC increased its stake in Annaly Capital Management by 34.4% in the fourth quarter. Larson Financial Group LLC now owns 2,143 shares of the real estate investment trust's stock valued at $39,000 after purchasing an additional 549 shares in the last quarter. Institutional investors own 51.56% of the company's stock.

Analyst Ratings Changes

NLY has been the topic of a number of research analyst reports. Royal Bank of Canada reissued an "outperform" rating and set a $22.00 price objective on shares of Annaly Capital Management in a research report on Monday, February 10th. JPMorgan Chase & Co. cut their price target on Annaly Capital Management from $21.00 to $19.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. JMP Securities restated a "market perform" rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. Barclays began coverage on Annaly Capital Management in a research report on Monday, January 6th. They set an "equal weight" rating and a $19.00 target price on the stock. Finally, Keefe, Bruyette & Woods reduced their price target on shares of Annaly Capital Management from $21.00 to $20.15 and set an "outperform" rating for the company in a research report on Tuesday, April 8th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $21.08.

Annaly Capital Management Trading Up 1.7 %

Annaly Capital Management stock traded up $0.33 during trading on Friday, hitting $19.25. 5,776,487 shares of the company were exchanged, compared to its average volume of 6,022,079. The company has a market capitalization of $11.50 billion, a P/E ratio of 12.11, a PEG ratio of 4.89 and a beta of 1.31. The business's 50 day moving average is $20.20 and its 200 day moving average is $19.80. Annaly Capital Management, Inc. has a 52 week low of $16.60 and a 52 week high of $22.11.

Annaly Capital Management (NYSE:NLY - Get Free Report) last posted its earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share (EPS) 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%. Equities analysts expect that Annaly Capital Management, Inc. will post 2.81 EPS for the current year.

Annaly Capital Management Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders 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 of this dividend is Monday, March 31st. This represents a $2.80 annualized dividend and a yield of 14.55%. Annaly Capital Management's dividend payout ratio (DPR) is 176.10%.

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.