UMB Bank n.a. Has $48,000 Stock Position in Annaly Capital Management, Inc. (NYSE:NLY)

UMB Bank n.a. lifted its position in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 65.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,598 shares of the real estate investment trust’s stock after acquiring an additional 1,030 shares during the quarter. UMB Bank n.a.’s holdings in Annaly Capital Management were worth $48,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Avior Wealth Management LLC lifted its stake in shares of 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 valued at $25,000 after purchasing an additional 850 shares during the period. Quarry LP acquired a new stake in shares of Annaly Capital Management during the second quarter worth $36,000. Toth Financial Advisory Corp raised its position in Annaly Capital Management by 31.8% in the 3rd quarter. Toth Financial Advisory Corp now owns 2,390 shares of the real estate investment trust’s stock valued at $48,000 after buying an additional 576 shares during the last quarter. McIlrath & Eck LLC bought a new position in Annaly Capital Management in the third quarter valued at $63,000. Finally, MCF Advisors LLC raised its holdings in Annaly Capital Management by 94.2% during the third quarter. MCF Advisors LLC now owns 4,219 shares of the real estate investment trust’s stock worth $87,000 after acquiring an additional 2,047 shares in the last quarter. Institutional investors and hedge funds own 51.56% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on NLY. JPMorgan Chase & Co. cut their target price on shares of Annaly Capital Management from $20.00 to $19.00 and set an “overweight” rating for the company in a research note on Tuesday, January 21st. Argus upgraded shares of Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research note on Thursday, October 31st. JMP Securities reiterated a “market perform” rating on shares of Annaly Capital Management in a research note on Thursday. Finally, Barclays started coverage on Annaly Capital Management in a report on Monday, January 6th. They set an “equal weight” rating and a $19.00 price objective for the company. 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 company currently has a consensus rating of “Moderate Buy” and a consensus price target of $21.11.

Annaly Capital Management Stock Up 0.7 %

NLY stock opened at $19.49 on Friday. The company has a market cap of $10.92 billion, a PE ratio of -278.39 and a beta of 1.51. Annaly Capital Management, Inc. has a 52 week low of $17.67 and a 52 week high of $21.11. The business has a 50-day simple moving average of $19.25 and a 200 day simple moving average of $19.70.

Annaly Capital Management (NYSE:NLY) last announced its quarterly earnings data on Wednesday, October 23rd. The real estate investment trust reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.01). Annaly Capital Management had a net margin of 2.59% and a return on equity of 14.75%. The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $212.00 million. During the same period last year, the business earned $0.66 earnings per share. On average, analysts anticipate that Annaly Capital Management, Inc. will post 2.65 EPS for the current fiscal year.

Annaly Capital Management Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be paid a $0.65 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $2.60 annualized dividend and a dividend yield of 13.34%. Annaly Capital Management’s payout ratio is -3,714.29%.

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.