Rhumbline Advisers Increases Stake in Annaly Capital Management, Inc. (NYSE:NLY)

Rhumbline Advisers raised its holdings in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 11.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,595,210 shares of the real estate investment trust's stock after buying an additional 162,544 shares during the period. Rhumbline Advisers owned about 0.28% of Annaly Capital Management worth $29,192,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in NLY. KBC Group NV boosted its position in shares of Annaly Capital Management by 238.9% in the fourth quarter. KBC Group NV now owns 5,198,020 shares of the real estate investment trust's stock valued at $95,124,000 after acquiring an additional 3,664,098 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Annaly Capital Management by 531.3% in 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 valued at $79,900,000 after acquiring an additional 3,350,435 shares during the period. ORG Wealth Partners LLC boosted its position in shares of 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 valued at $14,427,000 after acquiring an additional 773,215 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Annaly Capital Management by 21.5% in the third 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 period. Finally, Mediolanum International Funds Ltd bought a new stake in Annaly Capital Management during the fourth quarter valued at approximately $8,170,000. 51.56% of the stock is owned by institutional investors.

Annaly Capital Management Stock Performance

Shares of NYSE NLY traded down $0.14 during midday trading on Friday, hitting $21.60. 6,102,412 shares of the company's stock traded hands, compared to its average volume of 6,746,611. The firm has a fifty day moving average of $19.59 and a 200 day moving average of $19.78. The stock has a market capitalization of $12.49 billion, a price-to-earnings ratio of 13.59, a price-to-earnings-growth ratio of 4.85 and a beta of 1.52. Annaly Capital Management, Inc. has a 1 year low of $17.67 and a 1 year high of $21.88.

Annaly Capital Management (NYSE:NLY - Get Free Report) last released 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%. On average, equities analysts anticipate that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current year.

Annaly Capital Management Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st were paid a $0.65 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.60 annualized dividend and a yield of 12.04%. Annaly Capital Management's payout ratio is 163.52%.

Analyst Upgrades and Downgrades

Several research firms have commented on NLY. Argus raised shares of Annaly Capital Management from a "hold" rating to a "buy" rating and set a $21.00 price target on the stock in a research note on Thursday, October 31st. JMP Securities reaffirmed a "market perform" rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. Barclays assumed 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 target price on the stock. JPMorgan Chase & Co. lifted their target price on shares of Annaly Capital Management from $19.00 to $21.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and issued a $22.00 target price on shares of Annaly Capital Management in a research note on Monday, February 10th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $21.44.

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.