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

International Assets Investment Management LLC boosted its stake in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 2,254.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 449,706 shares of the real estate investment trust's stock after buying an additional 430,604 shares during the period. International Assets Investment Management LLC owned approximately 0.09% of Annaly Capital Management worth $90,260,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. Sunbelt Securities Inc. lifted its holdings in shares of Annaly Capital Management by 6.0% in the 1st quarter. Sunbelt Securities Inc. now owns 9,937 shares of the real estate investment trust's stock worth $196,000 after acquiring an additional 562 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Annaly Capital Management by 5.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 34,234 shares of the real estate investment trust's stock worth $674,000 after buying an additional 1,769 shares during the period. Register Financial Advisors LLC acquired a new stake in shares of Annaly Capital Management in the first quarter valued at $37,000. State of Michigan Retirement System raised its holdings in shares of Annaly Capital Management by 2.1% in the 1st quarter. State of Michigan Retirement System now owns 137,031 shares of the real estate investment trust's stock valued at $2,698,000 after buying an additional 2,800 shares during the period. Finally, SeaCrest Wealth Management LLC lifted its stake in Annaly Capital Management by 6.1% during the 1st quarter. SeaCrest Wealth Management LLC now owns 49,399 shares of the real estate investment trust's stock worth $973,000 after acquiring an additional 2,829 shares in the last quarter. Hedge funds and other institutional investors own 51.56% of the company's stock.

Insider Buying and Selling

In other news, CEO David L. Finkelstein sold 50,000 shares of the stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $20.05, for a total value of $1,002,500.00. Following the completion of the sale, the chief executive officer now directly owns 612,469 shares of the company's stock, valued at approximately $12,280,003.45. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.21% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts recently weighed in on NLY shares. Wells Fargo & Company upgraded shares of Annaly Capital Management from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $19.00 to $23.00 in a report on Friday, September 20th. JMP Securities reissued a "market perform" rating on shares of Annaly Capital Management in a research report on Wednesday, August 28th. JPMorgan Chase & Co. reduced their target price on shares of Annaly Capital Management from $22.00 to $21.00 and set an "overweight" rating on the stock in a report on Friday. Compass Point boosted their price target on shares of Annaly Capital Management from $22.00 to $23.50 and gave the stock a "buy" rating in a report on Friday, July 26th. Finally, StockNews.com downgraded shares of Annaly Capital Management from a "buy" rating to a "hold" rating in a research report on Thursday, July 25th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $21.38.

Annaly Capital Management Price Performance

Shares of NYSE:NLY traded down $0.21 during trading on Friday, hitting $19.49. 5,521,665 shares of the company were exchanged, compared to its average volume of 4,057,654. The firm's 50 day moving average price is $20.09 and its 200-day moving average price is $19.75. Annaly Capital Management, Inc. has a 12-month low of $14.52 and a 12-month high of $21.11. The stock has a market capitalization of $10.49 billion, a P/E ratio of -14.65 and a beta of 1.51.

Annaly Capital Management (NYSE:NLY - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The real estate investment trust reported $0.66 earnings per share for the quarter, missing analysts' consensus estimates of $0.67 by ($0.01). The company had revenue of $1.23 billion during the quarter, compared to analysts' expectations of $212.00 million. Annaly Capital Management had a negative net margin of 12.02% and a positive return on equity of 15.24%. During the same period last year, the firm earned $0.66 earnings per share. As a group, equities research analysts anticipate that Annaly Capital Management, Inc. will post 2.67 EPS for the current year.

Annaly Capital Management Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Monday, September 30th will be paid a dividend of $0.65 per share. The ex-dividend date is Monday, September 30th. This represents a $2.60 dividend on an annualized basis and a yield of 13.34%. Annaly Capital Management's dividend payout ratio is presently -195.49%.

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.