Robeco Institutional Asset Management B.V. Decreases Stake in Annaly Capital Management, Inc. (NYSE:NLY)

Robeco Institutional Asset Management B.V. lowered its position in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 68.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,557 shares of the real estate investment trust's stock after selling 26,794 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Annaly Capital Management were worth $230,000 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 company. Creative Planning increased its position in Annaly Capital Management by 34.9% during the 2nd quarter. Creative Planning now owns 52,171 shares of the real estate investment trust's stock valued at $994,000 after purchasing an additional 13,510 shares during the period. Sanctuary Advisors LLC acquired a new stake in Annaly Capital Management during the 2nd quarter valued at approximately $205,000. Handelsbanken Fonder AB increased its position in Annaly Capital Management by 23.1% during the 3rd quarter. Handelsbanken Fonder AB now owns 124,000 shares of the real estate investment trust's stock valued at $2,489,000 after purchasing an additional 23,300 shares during the period. CWM LLC increased its position in Annaly Capital Management by 156.7% during the 3rd quarter. CWM LLC now owns 19,909 shares of the real estate investment trust's stock valued at $400,000 after purchasing an additional 12,154 shares during the period. Finally, UMB Bank n.a. increased its position in Annaly Capital Management by 70.2% during the 3rd quarter. UMB Bank n.a. now owns 1,568 shares of the real estate investment trust's stock valued at $31,000 after purchasing an additional 647 shares during the period. Institutional investors and hedge funds own 51.56% of the company's stock.

Analyst Ratings Changes

NLY has been the topic of a number of research analyst reports. JPMorgan Chase & Co. increased their price target on Annaly Capital Management from $19.00 to $21.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. Barclays initiated coverage on Annaly Capital Management in a report on Monday, January 6th. They set an "equal weight" rating and a $19.00 price target on the stock. Royal Bank of Canada increased their price target on Annaly Capital Management from $21.00 to $22.00 and gave the stock an "outperform" rating in a report on Monday, January 27th. Argus upgraded Annaly Capital Management from a "hold" rating to a "buy" rating and set a $21.00 price target on the stock in a report on Thursday, October 31st. Finally, JMP Securities reiterated a "market perform" rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $21.44.

Annaly Capital Management Stock Down 0.9 %

NYSE:NLY traded down $0.19 during trading hours on Friday, hitting $20.50. 7,459,270 shares of the company traded hands, compared to its average volume of 6,178,078. The company has a quick ratio of 0.08, a current ratio of 0.12 and a debt-to-equity ratio of 0.22. The firm's 50-day simple moving average is $19.35 and its 200-day simple moving average is $19.70. Annaly Capital Management, Inc. has a one year low of $17.67 and a one year high of $21.11. The company has a market cap of $11.49 billion, a PE ratio of 12.90, a PEG ratio of 4.66 and a beta of 1.52.

Annaly Capital Management (NYSE:NLY - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.05. Annaly Capital Management had a return on equity of 14.95% and a net margin of 20.70%. Equities analysts predict that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current year.

Annaly Capital Management Announces Dividend

The business also recently disclosed 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. This represents a $2.60 annualized dividend and a yield of 12.68%. The ex-dividend date of this dividend was Tuesday, December 31st. Annaly Capital Management's dividend payout ratio (DPR) is presently 163.52%.

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.