87,656 Shares in Annaly Capital Management, Inc. (NYSE:NLY) Acquired by XTX Topco Ltd

XTX Topco Ltd bought a new stake in shares of Annaly Capital Management, Inc. (NYSE:NLY - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 87,656 shares of the real estate investment trust's stock, valued at approximately $1,604,000.

Other hedge funds have also recently made changes to their positions in the company. Proffitt & Goodson Inc. increased its position in Annaly Capital Management by 1.0% during the 4th quarter. Proffitt & Goodson Inc. now owns 53,040 shares of the real estate investment trust's stock valued at $971,000 after purchasing an additional 505 shares during the period. Cannell & Spears LLC boosted its position in shares of Annaly Capital Management by 1.3% in the 4th quarter. Cannell & Spears LLC now owns 41,268 shares of the real estate investment trust's stock worth $755,000 after purchasing an additional 518 shares in the last quarter. LVZ Inc. grew its stake in Annaly Capital Management by 2.7% during the 4th quarter. LVZ Inc. now owns 19,632 shares of the real estate investment trust's stock worth $359,000 after buying an additional 521 shares during the last quarter. Smartleaf Asset Management LLC increased its position in Annaly Capital Management by 29.3% during 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. Finally, Larson Financial Group LLC raised its stake in Annaly Capital Management by 34.4% in the fourth quarter. Larson Financial Group LLC now owns 2,143 shares of the real estate investment trust's stock valued at $39,000 after buying an additional 549 shares during the last quarter. 51.56% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

NLY has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods dropped their price target on Annaly Capital Management from $21.00 to $20.15 and set an "outperform" rating on the stock in a research note on Tuesday, April 8th. Royal Bank of Canada restated an "outperform" rating and set a $22.00 price target 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. dropped their price objective on shares of Annaly Capital Management from $21.00 to $19.00 and set an "overweight" rating on the stock in a report on Wednesday. Finally, Barclays initiated coverage on Annaly Capital Management in a research note on Monday, January 6th. They issued an "equal weight" rating and a $19.00 target price for the company. Three 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 an average rating of "Moderate Buy" and an average target price of $21.07.

Annaly Capital Management Stock Up 1.5 %

Shares of NLY traded up $0.27 during mid-day trading on Friday, reaching $17.90. The company had a trading volume of 6,901,621 shares, compared to its average volume of 5,961,030. Annaly Capital Management, Inc. has a 52-week low of $16.60 and a 52-week high of $22.11. The stock has a market capitalization of $10.69 billion, a P/E ratio of 11.25, a PEG ratio of 4.89 and a beta of 1.31. The stock has a 50 day moving average of $20.46 and a two-hundred day moving average of $19.83.

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 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%. On average, sell-side analysts expect that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current year.

Annaly Capital Management Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be given a $0.70 dividend. 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 dividend on an annualized basis and a dividend yield of 15.65%. Annaly Capital Management's payout ratio is 176.10%.

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.