Annaly Capital Management, Inc. (NYSE:NLY) Position Lifted by Virtu Financial LLC

Virtu Financial LLC increased its position in shares of Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 152.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 110,505 shares of the real estate investment trust's stock after buying an additional 66,711 shares during the period. Virtu Financial LLC's holdings in Annaly Capital Management were worth $2,022,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NLY. Avior Wealth Management LLC increased its holdings in Annaly Capital Management by 209.9% in the 3rd quarter. Avior Wealth Management LLC now owns 1,255 shares of the real estate investment trust's stock worth $25,000 after acquiring an additional 850 shares in the last quarter. Assetmark Inc. acquired a new stake in shares of Annaly Capital Management in the fourth quarter valued at about $31,000. Blue Trust Inc. increased its stake in shares of Annaly Capital Management by 78.5% during the fourth quarter. Blue Trust Inc. now owns 1,630 shares of the real estate investment trust's stock worth $33,000 after purchasing an additional 717 shares in the last quarter. Larson Financial Group LLC raised its position in shares of Annaly Capital Management by 34.4% during the 4th quarter. Larson Financial Group LLC now owns 2,143 shares of the real estate investment trust's stock worth $39,000 after purchasing an additional 549 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its stake in Annaly Capital Management by 29.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,425 shares of the real estate investment trust's stock valued at $45,000 after buying an additional 549 shares in the last quarter. Hedge funds and other institutional investors own 51.56% of the company's stock.

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Annaly Capital Management Stock Down 0.4 %

Shares of NLY traded down $0.08 on Thursday, reaching $21.07. The stock had a trading volume of 7,369,730 shares, compared to its average volume of 5,305,966. Annaly Capital Management, Inc. has a twelve month low of $17.67 and a twelve month high of $22.11. The firm has a market capitalization of $12.19 billion, a PE ratio of 13.25, a PEG ratio of 4.89 and a beta of 1.53. The firm has a 50-day moving average of $20.93 and a 200 day moving average of $20.05.

Annaly Capital Management (NYSE:NLY - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 EPS 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, sell-side analysts anticipate that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current fiscal year.

Annaly Capital Management Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.70 per share. The ex-dividend date is Monday, March 31st. This is a boost from Annaly Capital Management's previous quarterly dividend of $0.65. This represents a $2.80 annualized dividend and a dividend yield of 13.29%. Annaly Capital Management's payout ratio is currently 176.10%.

Analyst Upgrades and Downgrades

NLY has been the subject of a number of recent research reports. Barclays assumed coverage on shares of Annaly Capital Management in a report on Monday, January 6th. They issued an "equal weight" rating and a $19.00 price objective for the company. Royal Bank of Canada reiterated an "outperform" rating and set a $22.00 price objective on shares of Annaly Capital Management in a research report on Monday, February 10th. JMP Securities restated a "market perform" rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. Finally, JPMorgan Chase & Co. lifted 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, January 31st. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, Annaly Capital Management has an average rating of "Moderate Buy" and a consensus target price 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.