Swedbank AB Purchases 31,352 Shares of Annaly Capital Management, Inc. (NYSE:NLY)

Swedbank AB increased its stake in shares of Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 4.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 681,411 shares of the real estate investment trust's stock after purchasing an additional 31,352 shares during the period. Swedbank AB owned approximately 0.12% of Annaly Capital Management worth $12,470,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in NLY. Allspring Global Investments Holdings LLC raised its stake in Annaly Capital Management by 8.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 17,990,064 shares of the real estate investment trust's stock valued at $361,061,000 after buying an additional 1,342,056 shares during the last quarter. State Street Corp lifted its holdings in Annaly Capital Management by 1.3% in the third quarter. State Street Corp now owns 17,400,024 shares of the real estate investment trust's stock valued at $360,296,000 after acquiring an additional 223,294 shares during the period. Geode Capital Management LLC boosted its position in Annaly Capital Management by 2.9% in the third quarter. Geode Capital Management LLC now owns 8,638,216 shares of the real estate investment trust's stock worth $172,988,000 after purchasing an additional 241,465 shares during the last quarter. KBC Group NV increased its position in shares of Annaly Capital Management by 238.9% during the 4th quarter. KBC Group NV now owns 5,198,020 shares of the real estate investment trust's stock valued at $95,124,000 after purchasing an additional 3,664,098 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Annaly Capital Management by 531.3% in the 3rd 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 purchasing an additional 3,350,435 shares during the period. Institutional investors own 51.56% of the company's stock.

Analyst Ratings Changes

NLY has been the topic of several analyst reports. JMP Securities reiterated a "market perform" rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. 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 research note on Monday, January 27th. Argus upgraded Annaly Capital Management from a "hold" rating to a "buy" rating and set a $21.00 target price for the company in a research report on Thursday, October 31st. JPMorgan Chase & Co. boosted 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. Finally, Barclays initiated coverage on shares of Annaly Capital Management in a report on Monday, January 6th. They issued an "equal weight" rating and a $19.00 target price on the stock. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Annaly Capital Management has a consensus rating of "Moderate Buy" and an average price target of $21.44.

Annaly Capital Management Trading Up 0.9 %

Shares of NYSE:NLY traded up $0.19 during trading on Tuesday, reaching $20.40. The company's stock had a trading volume of 2,296,185 shares, compared to its average volume of 6,568,667. The firm's 50 day simple moving average is $19.29 and its two-hundred day simple moving average is $19.69. The company has a current ratio of 0.12, a quick ratio of 0.08 and a debt-to-equity ratio of 0.22. Annaly Capital Management, Inc. has a 12 month low of $17.67 and a 12 month high of $21.11. The stock has a market capitalization of $11.44 billion, a PE ratio of 12.83 and a beta of 1.52.

Annaly Capital Management (NYSE:NLY - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share (EPS) for the quarter, topping 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, research analysts predict that Annaly Capital Management, Inc. will post 2.72 EPS for the current fiscal year.

Annaly Capital Management Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were given a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 12.74%. The ex-dividend date was Tuesday, December 31st. Annaly Capital Management's dividend payout ratio (DPR) is currently 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.