Van ECK Associates Corp Trims Position in Annaly Capital Management, Inc. (NYSE:NLY)

Van ECK Associates Corp reduced its holdings in shares of Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 5.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,815,645 shares of the real estate investment trust's stock after selling 97,158 shares during the period. Van ECK Associates Corp owned approximately 0.32% of Annaly Capital Management worth $33,226,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. KBC Group NV boosted its holdings in shares of 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 valued at $95,124,000 after acquiring an additional 3,664,098 shares in 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 valued at $79,900,000 after acquiring an additional 3,350,435 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Annaly Capital Management by 8.1% in the third 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 acquiring an additional 1,342,056 shares in the last quarter. ORG Wealth Partners LLC boosted its holdings in shares of Annaly Capital Management by 5,113.5% in 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 acquiring an additional 773,215 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Annaly Capital Management by 21.5% in the third quarter. JPMorgan Chase & Co. now owns 3,057,037 shares of the real estate investment trust's stock valued at $61,355,000 after acquiring an additional 541,869 shares in the last quarter. 51.56% of the stock is owned by hedge funds and other institutional investors.

Annaly Capital Management Price Performance

NLY traded up $0.25 during midday trading on Tuesday, reaching $21.48. 3,984,158 shares of the company's stock were exchanged, compared to its average volume of 6,569,161. 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 stock has a market capitalization of $12.04 billion, a PE ratio of 13.51, a P/E/G ratio of 4.66 and a beta of 1.52. The business's 50-day moving average price is $19.49 and its 200 day moving average price is $19.74. Annaly Capital Management, Inc. has a 1-year low of $17.67 and a 1-year high of $21.49.

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 (EPS) for the quarter, topping analysts' consensus estimates of $0.67 by $0.05. Annaly Capital Management had a net margin of 20.70% and a return on equity of 14.95%. As a group, equities analysts anticipate that Annaly Capital Management, Inc. will post 2.81 EPS for the current fiscal year.

Annaly Capital Management Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 12.11%. The ex-dividend date of this dividend was Tuesday, December 31st. Annaly Capital Management's payout ratio is 163.52%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on NLY. Barclays began 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. Royal Bank of Canada reiterated an "outperform" rating and issued a $22.00 price objective on shares of Annaly Capital Management in a research note on Monday, February 10th. JMP Securities reiterated a "market perform" rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. JPMorgan Chase & Co. raised their price objective on shares of Annaly Capital Management from $19.00 to $21.00 and gave the company an "overweight" rating in a research note on Friday, January 31st. Finally, Argus upgraded shares of Annaly Capital Management from a "hold" rating to a "buy" rating and set a $21.00 price objective for the company in a research note on Thursday, October 31st. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price 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.