Choreo LLC Reduces Stock Holdings in Annaly Capital Management, Inc. (NYSE:NLY)

Choreo LLC decreased its position in Annaly Capital Management, Inc. (NYSE:NLY) by 21.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,428 shares of the real estate investment trust’s stock after selling 3,202 shares during the period. Choreo LLC’s holdings in Annaly Capital Management were worth $209,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of NLY. Avior Wealth Management LLC grew its position in Annaly Capital Management by 209.9% during the third quarter. Avior Wealth Management LLC now owns 1,255 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 850 shares during the last quarter. Blue Trust Inc. increased its holdings in Annaly Capital Management by 78.5% in the 4th quarter. Blue Trust Inc. now owns 1,630 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 717 shares in the last quarter. Toth Financial Advisory Corp increased its holdings 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 worth $48,000 after buying an additional 576 shares in the last quarter. UMB Bank n.a. grew its stake in shares of Annaly Capital Management by 65.7% during the 4th quarter. UMB Bank n.a. now owns 2,598 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 1,030 shares during the period. Finally, Bartlett & CO. Wealth Management LLC grew its stake in shares of Annaly Capital Management by 68.1% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 2,962 shares of the real estate investment trust’s stock valued at $56,000 after acquiring an additional 1,200 shares during the period. 51.56% of the stock is currently owned by institutional investors.

Annaly Capital Management Trading Up 1.5 %

Shares of NYSE:NLY opened at $21.24 on Friday. The stock has a market capitalization of $11.90 billion, a PE ratio of 13.36, a P/E/G ratio of 4.66 and a beta of 1.52. Annaly Capital Management, Inc. has a 1 year low of $17.67 and a 1 year high of $21.29. The firm has a fifty day moving average price of $19.46 and a 200 day moving average price of $19.74. The company has a current ratio of 0.12, a quick ratio of 0.08 and a debt-to-equity ratio of 0.22.

Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings data on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share 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%. Analysts expect that Annaly Capital Management, Inc. will post 2.81 EPS for the current fiscal year.

Annaly Capital Management Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st were paid a $0.65 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $2.60 annualized dividend and a yield of 12.24%. Annaly Capital Management’s payout ratio is currently 163.52%.

Analyst Ratings Changes

Several analysts have recently issued reports on NLY shares. JMP Securities reaffirmed a “market perform” rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. Argus upgraded 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. Royal Bank of Canada reiterated an “outperform” rating and issued a $22.00 price target on shares of Annaly Capital Management in a research note on Monday, February 10th. JPMorgan Chase & Co. raised their target price on Annaly Capital Management from $19.00 to $21.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Finally, Barclays began coverage on Annaly Capital Management in a research report on Monday, January 6th. They issued an “equal weight” rating and a $19.00 target price on the stock. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.