Annaly Capital Management, Inc. (NYSE:NLY) Shares Acquired by Wellington Management Group LLP

Wellington Management Group LLP grew its holdings in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 135.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,265,432 shares of the real estate investment trust's stock after purchasing an additional 728,307 shares during the period. Wellington Management Group LLP owned about 0.23% of Annaly Capital Management worth $23,157,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Norges Bank purchased a new position in shares of Annaly Capital Management during the 4th quarter worth $127,397,000. Vanguard Group Inc. increased its holdings in shares of Annaly Capital Management by 12.0% in the fourth quarter. Vanguard Group Inc. now owns 54,721,696 shares of the real estate investment trust's stock worth $1,001,407,000 after purchasing an additional 5,859,104 shares during the last quarter. KBC Group NV boosted 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 acquiring an additional 3,664,098 shares during the last quarter. PL Capital Advisors LLC increased its holdings in shares of Annaly Capital Management by 1,730.0% in the 4th quarter. PL Capital Advisors LLC now owns 2,792,635 shares of the real estate investment trust's stock worth $51,105,000 after buying an additional 2,640,032 shares during the last quarter. Finally, ORG Wealth Partners LLC lifted its stake in shares of Annaly Capital Management by 5,113.5% in the 4th quarter. ORG Wealth Partners LLC now owns 788,336 shares of the real estate investment trust's stock valued at $14,427,000 after purchasing an additional 773,215 shares during the last quarter. 51.56% of the stock is owned by institutional investors.

Annaly Capital Management Stock Performance

Shares of Annaly Capital Management stock traded up $0.19 during trading hours on Friday, reaching $17.49. 12,507,040 shares of the company were exchanged, compared to its average volume of 5,867,064. The firm has a market cap of $10.45 billion, a PE ratio of 11.00, a PEG ratio of 4.89 and a beta of 1.31. The stock's fifty day moving average is $20.74 and its 200 day moving average is $19.91. Annaly Capital Management, Inc. has a 1 year low of $16.60 and a 1 year high of $22.11.

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

Annaly Capital Management Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be paid a $0.70 dividend. This is an increase from Annaly Capital Management's previous quarterly dividend of $0.65. This represents a $2.80 annualized dividend and a yield of 16.01%. The ex-dividend date is Monday, March 31st. Annaly Capital Management's dividend payout ratio (DPR) is presently 176.10%.

Analyst Ratings Changes

NLY has been the topic of several recent analyst reports. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $22.00 price target on shares of Annaly Capital Management in a research note on Monday, February 10th. 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 price target on the stock. Keefe, Bruyette & Woods decreased their price target on Annaly Capital Management from $21.00 to $20.15 and set an "outperform" rating for the company in a research note on Tuesday. JPMorgan Chase & Co. upped their target price on Annaly Capital Management from $19.00 to $21.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. Finally, JMP Securities reissued a "market perform" rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. 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, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $21.29.

Annaly Capital Management Company 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.