Sei Investments Co. Increases Holdings in Annaly Capital Management, Inc. (NYSE:NLY)

Sei Investments Co. lifted its position in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 11.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,244,074 shares of the real estate investment trust's stock after buying an additional 126,980 shares during the period. Sei Investments Co. owned approximately 0.22% of Annaly Capital Management worth $22,766,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of NLY. KBC Group NV boosted its position in 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 worth $95,124,000 after purchasing an additional 3,664,098 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings 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 worth $79,900,000 after buying an additional 3,350,435 shares during the last quarter. PL Capital Advisors LLC grew its position in Annaly Capital Management by 1,730.0% during the fourth quarter. PL Capital Advisors LLC now owns 2,792,635 shares of the real estate investment trust's stock valued at $51,105,000 after buying an additional 2,640,032 shares during the period. ORG Wealth Partners LLC increased its holdings in Annaly Capital Management by 5,113.5% during 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 buying an additional 773,215 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in Annaly Capital Management in the fourth quarter worth approximately $12,676,000. Institutional investors own 51.56% of the company's stock.

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Annaly Capital Management Trading Down 2.1 %

Shares of NYSE:NLY traded down $0.44 during midday trading on Friday, reaching $20.66. 12,390,336 shares of the company were exchanged, compared to its average volume of 5,476,095. The stock has a market cap of $11.95 billion, a PE ratio of 12.99, a price-to-earnings-growth ratio of 4.89 and a beta of 1.53. The business's fifty day moving average is $20.99 and its two-hundred day moving average is $20.06. Annaly Capital Management, Inc. has a one year low of $17.67 and a one year high of $22.11.

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 analysts' consensus estimates of $0.67 by $0.05. Annaly Capital Management had a return on equity of 14.95% and a net margin of 20.70%. As a group, sell-side 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 an increase from Annaly Capital Management's previous quarterly dividend of $0.65. The ex-dividend date is Monday, March 31st. This represents a $2.80 dividend on an annualized basis and a yield of 13.56%. Annaly Capital Management's payout ratio is presently 176.10%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on NLY shares. JMP Securities restated a "market perform" rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. JPMorgan Chase & Co. boosted their price target on Annaly Capital Management from $19.00 to $21.00 and gave the company an "overweight" rating in a report on Friday, January 31st. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $22.00 price objective on shares of Annaly Capital Management in a research note on Monday, February 10th. Finally, Barclays began coverage on Annaly Capital Management in a research note on Monday, January 6th. They set an "equal weight" rating and a $19.00 price objective for the company. Three 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, Annaly Capital Management currently has a consensus rating of "Moderate Buy" and an average price target of $21.44.

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.