16,049 Shares in Annaly Capital Management, Inc. (NYSE:NLY) Bought by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC purchased a new stake in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 16,049 shares of the real estate investment trust's stock, valued at approximately $294,000.

Other hedge funds have also recently bought and sold shares of the company. Stratos Wealth Advisors LLC grew its stake in Annaly Capital Management by 93.1% in the fourth quarter. Stratos Wealth Advisors LLC now owns 275,559 shares of the real estate investment trust's stock valued at $5,043,000 after purchasing an additional 132,891 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of Annaly Capital Management by 9.9% during the 3rd quarter. Wellington Management Group LLP now owns 537,125 shares of the real estate investment trust's stock worth $10,780,000 after acquiring an additional 48,555 shares during the period. Citigroup Inc. increased its holdings in shares of Annaly Capital Management by 22.6% during the 3rd quarter. Citigroup Inc. now owns 652,255 shares of the real estate investment trust's stock worth $13,091,000 after acquiring an additional 120,163 shares during the last quarter. Howard Financial Services LTD. acquired a new position in shares of Annaly Capital Management during the 4th quarter worth approximately $527,000. Finally, SG Americas Securities LLC increased its holdings in shares of Annaly Capital Management by 38.4% during the 4th quarter. SG Americas Securities LLC now owns 367,234 shares of the real estate investment trust's stock worth $6,720,000 after acquiring an additional 101,977 shares during the last quarter. 51.56% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on NLY. JMP Securities reissued a "market perform" rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. Argus raised Annaly Capital Management from a "hold" rating to a "buy" rating and set a $21.00 target price on the stock in a report on Thursday, October 31st. Barclays began coverage on Annaly Capital Management in a report on Monday, January 6th. They set an "equal weight" rating and a $19.00 target price on the stock. JPMorgan Chase & Co. boosted their target price on Annaly Capital Management from $19.00 to $21.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. Finally, Royal Bank of Canada reissued an "outperform" rating and set a $22.00 target price on shares of Annaly Capital Management in a report on Monday, February 10th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $21.44.

Annaly Capital Management Stock Performance

NYSE NLY traded up $0.31 on Friday, reaching $21.24. The stock had a trading volume of 8,174,775 shares, compared to its average volume of 6,178,078. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.12 and a quick ratio of 0.08. The firm has a fifty day moving average of $19.46 and a two-hundred day moving average of $19.73. Annaly Capital Management, Inc. has a 1-year low of $17.67 and a 1-year high of $21.29. The company has a market cap of $11.90 billion, a P/E ratio of 13.36, a price-to-earnings-growth ratio of 4.66 and a beta of 1.52.

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 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%. On average, equities research analysts anticipate that Annaly Capital Management, Inc. will post 2.81 EPS for the current year.

Annaly Capital Management Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were given a dividend of $0.65 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 12.24%. Annaly Capital Management's payout ratio is 163.52%.

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.