Annaly Capital Management, Inc. (NYSE:NLY) Shares Bought by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. boosted its position in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 10.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,071,513 shares of the real estate investment trust's stock after purchasing an additional 99,649 shares during the period. Sumitomo Mitsui Trust Group Inc. owned approximately 0.19% of Annaly Capital Management worth $19,609,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in NLY. Armstrong Advisory Group Inc. increased its position in shares of Annaly Capital Management by 6.6% during the fourth quarter. Armstrong Advisory Group Inc. now owns 9,121 shares of the real estate investment trust's stock worth $167,000 after acquiring an additional 562 shares during the period. Fermata Advisors LLC increased its position in shares of Annaly Capital Management by 3.2% during the fourth quarter. Fermata Advisors LLC now owns 18,022 shares of the real estate investment trust's stock worth $330,000 after acquiring an additional 563 shares during the period. Toth Financial Advisory Corp increased its position 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 acquiring an additional 576 shares during the period. Wesbanco Bank Inc. increased its position in shares of Annaly Capital Management by 2.8% during the third quarter. Wesbanco Bank Inc. now owns 21,314 shares of the real estate investment trust's stock worth $428,000 after acquiring an additional 584 shares during the period. Finally, KG&L Capital Management LLC increased its position in shares of Annaly Capital Management by 2.0% during the fourth quarter. KG&L Capital Management LLC now owns 30,648 shares of the real estate investment trust's stock worth $561,000 after acquiring an additional 600 shares during the period. Institutional investors own 51.56% of the company's stock.

Annaly Capital Management Stock Up 1.5 %

NLY traded up $0.31 during trading on Friday, hitting $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 market capitalization of $11.90 billion, a PE ratio of 13.36, a PEG ratio of 4.66 and a beta of 1.52. Annaly Capital Management, Inc. has a twelve month low of $17.67 and a twelve month high of $21.29. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.08 and a current ratio of 0.12. The stock has a 50 day simple moving average of $19.46 and a two-hundred day simple moving average of $19.73.

Annaly Capital Management (NYSE:NLY - Get Free Report) last announced its earnings results 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 net margin of 20.70% and a return on equity of 14.95%. On average, research analysts predict that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current year.

Annaly Capital Management Announces Dividend

The company also recently announced 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 12.24%. Annaly Capital Management's dividend payout ratio (DPR) is 163.52%.

Analyst Ratings Changes

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

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.