Robeco Institutional Asset Management B.V. Has $790,000 Stock Position in Annaly Capital Management, Inc. (NYSE:NLY)

Robeco Institutional Asset Management B.V. raised its position in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 213.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,351 shares of the real estate investment trust's stock after purchasing an additional 26,794 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Annaly Capital Management were worth $790,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Beaird Harris Wealth Management LLC lifted its position in Annaly Capital Management by 21.4% during the first quarter. Beaird Harris Wealth Management LLC now owns 2,837 shares of the real estate investment trust's stock valued at $56,000 after buying an additional 500 shares in the last quarter. Redmont Wealth Advisors LLC boosted its position in Annaly Capital Management by 20.6% during the 2nd quarter. Redmont Wealth Advisors LLC now owns 3,279 shares of the real estate investment trust's stock worth $62,000 after purchasing an additional 559 shares during the period. Toth Financial Advisory Corp lifted its stake in shares of Annaly Capital Management by 31.8% during the third quarter. Toth Financial Advisory Corp now owns 2,390 shares of the real estate investment trust's stock worth $48,000 after purchasing an additional 576 shares in the last quarter. Wesbanco Bank Inc. boosted its position in shares of Annaly Capital Management by 2.8% in the third quarter. Wesbanco Bank Inc. now owns 21,314 shares of the real estate investment trust's stock worth $428,000 after buying an additional 584 shares during the period. Finally, Meiji Yasuda Asset Management Co Ltd. grew its stake in shares of Annaly Capital Management by 3.0% in the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 20,537 shares of the real estate investment trust's stock valued at $391,000 after buying an additional 597 shares in the last quarter. 51.56% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO David L. Finkelstein sold 50,000 shares of Annaly Capital Management stock in a transaction 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 transaction, the chief executive officer now directly owns 612,469 shares in the company, valued at $12,280,003.45. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.21% of the company's stock.

Annaly Capital Management Price Performance

Shares of NYSE NLY traded up $0.01 during mid-day trading on Monday, hitting $19.84. The company had a trading volume of 5,704,498 shares, compared to its average volume of 4,219,462. Annaly Capital Management, Inc. has a 12 month low of $16.76 and a 12 month high of $21.11. The firm's 50 day simple moving average is $19.92 and its two-hundred day simple moving average is $19.82. The stock has a market cap of $11.12 billion, a price-to-earnings ratio of -283.29 and a beta of 1.52.

Annaly Capital Management (NYSE:NLY - Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The real estate investment trust reported $0.66 EPS for the quarter, missing analysts' consensus estimates of $0.67 by ($0.01). The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $212.00 million. Annaly Capital Management had a net margin of 2.59% and a return on equity of 14.75%. During the same period last year, the business posted $0.66 earnings per share. Equities analysts forecast that Annaly Capital Management, Inc. will post 2.65 earnings per share for the current year.

Annaly Capital Management Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Monday, September 30th were issued a $0.65 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $2.60 annualized dividend and a dividend yield of 13.11%. Annaly Capital Management's dividend payout ratio is currently -3,714.29%.

Analysts Set New Price Targets

A number of research firms have weighed in on NLY. StockNews.com cut Annaly Capital Management from a "buy" rating to a "hold" rating in a report on Thursday, July 25th. Argus raised shares of Annaly Capital Management from a "hold" rating to a "buy" rating and set a $21.00 price target for the company in a report on Thursday, October 31st. Compass Point upped their price objective on shares of Annaly Capital Management from $22.00 to $23.50 and gave the company a "buy" rating in a research report on Friday, July 26th. JMP Securities reaffirmed a "market perform" rating on shares of Annaly Capital Management in a research report on Wednesday, August 28th. Finally, JPMorgan Chase & Co. lowered their price objective on Annaly Capital Management from $22.00 to $21.00 and set an "overweight" rating for the company in a research note on Friday, October 25th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $21.33.

About Annaly Capital Management

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.