Annaly Capital Management, Inc. (NYSE:NLY) Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 531.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,981,081 shares of the real estate investment trust's stock after buying an additional 3,350,435 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.71% of Annaly Capital Management worth $79,900,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Rock Point Advisors LLC lifted its holdings in shares of Annaly Capital Management by 3.0% in the 3rd quarter. Rock Point Advisors LLC now owns 200,130 shares of the real estate investment trust's stock worth $4,017,000 after acquiring an additional 5,755 shares during the last quarter. D.A. Davidson & CO. lifted its stake in Annaly Capital Management by 6.5% in the third quarter. D.A. Davidson & CO. now owns 317,500 shares of the real estate investment trust's stock worth $6,372,000 after purchasing an additional 19,286 shares during the last quarter. Private Trust Co. NA boosted its position in Annaly Capital Management by 37.2% during the third quarter. Private Trust Co. NA now owns 10,791 shares of the real estate investment trust's stock valued at $217,000 after buying an additional 2,924 shares during the period. Independent Advisor Alliance grew its stake in shares of Annaly Capital Management by 57.8% during the third quarter. Independent Advisor Alliance now owns 19,084 shares of the real estate investment trust's stock valued at $383,000 after buying an additional 6,989 shares during the last quarter. Finally, Daiwa Securities Group Inc. lifted its stake in shares of Annaly Capital Management by 7.8% in the 3rd quarter. Daiwa Securities Group Inc. now owns 37,413 shares of the real estate investment trust's stock valued at $751,000 after acquiring an additional 2,700 shares during the last quarter. Institutional investors own 51.56% of the company's stock.

Annaly Capital Management Stock Down 0.9 %

Shares of Annaly Capital Management stock traded down $0.18 on Tuesday, reaching $19.74. The company's stock had a trading volume of 3,296,146 shares, compared to its average volume of 4,295,086. Annaly Capital Management, Inc. has a 52 week low of $17.67 and a 52 week high of $21.11. The firm's fifty day simple moving average is $19.71 and its two-hundred day simple moving average is $19.85.

Annaly Capital Management (NYSE:NLY - Get Free Report) last released its earnings results on Wednesday, October 23rd. The real estate investment trust reported $0.66 earnings per share for the quarter, missing analysts' consensus estimates of $0.67 by ($0.01). The firm had revenue of $1.23 billion for the quarter, compared to analysts' expectations of $212.00 million. Annaly Capital Management had a net margin of 2.59% and a return on equity of 14.75%. During the same quarter last year, the firm posted $0.66 EPS. Equities analysts predict that Annaly Capital Management, Inc. will post 2.65 EPS for the current fiscal year.

Annaly Capital Management Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Monday, September 30th were issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 13.17%. The ex-dividend date was Monday, September 30th. Annaly Capital Management's payout ratio is -3,714.29%.

Analyst Upgrades and Downgrades

NLY has been the topic of a number of analyst reports. Argus raised Annaly Capital Management from a "hold" rating to a "buy" rating and set a $21.00 price target on the stock in a research note on Thursday, October 31st. JMP Securities reissued a "market perform" rating on shares of Annaly Capital Management in a report on Wednesday, August 28th. JPMorgan Chase & Co. lowered their price objective on shares of Annaly Capital Management from $22.00 to $21.00 and set an "overweight" rating for the company in a research note on Friday, October 25th. Finally, Wells Fargo & Company upgraded Annaly Capital Management from an "equal weight" rating to an "overweight" rating and boosted their price target for the company from $19.00 to $23.00 in a report on Friday, September 20th. 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.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $21.33.

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.