Asset Management One Co. Ltd. Boosts Holdings in Annaly Capital Management, Inc. (NYSE:NLY)

Asset Management One Co. Ltd. boosted its position in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 13.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 210,119 shares of the real estate investment trust’s stock after buying an additional 24,791 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Annaly Capital Management were worth $3,980,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of NLY. Avior Wealth Management LLC boosted its stake in shares of 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 purchasing an additional 850 shares during the period. Blue Trust Inc. lifted its stake in Annaly Capital Management by 78.5% in the fourth quarter. Blue Trust Inc. now owns 1,630 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 717 shares during the period. UMB Bank n.a. lifted its stake in Annaly Capital Management by 65.7% in the fourth quarter. UMB Bank n.a. now owns 2,598 shares of the real estate investment trust’s stock worth $48,000 after acquiring an additional 1,030 shares during the period. Bartlett & CO. Wealth Management LLC lifted its stake in Annaly Capital Management by 68.1% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 2,962 shares of the real estate investment trust’s stock worth $56,000 after acquiring an additional 1,200 shares during the period. Finally, McIlrath & Eck LLC purchased a new stake in Annaly Capital Management in the third quarter worth about $63,000. 51.56% of the stock is owned by hedge funds and other institutional investors.

Annaly Capital Management Trading Up 0.6 %

NYSE:NLY opened at $21.55 on Thursday. The stock’s 50 day simple moving average is $19.55 and its 200-day simple moving average is $19.77. The firm has a market cap of $12.46 billion, a P/E ratio of 13.55, a PEG ratio of 4.78 and a beta of 1.52. Annaly Capital Management, Inc. has a 12-month low of $17.67 and a 12-month high of $21.59.

Annaly Capital Management (NYSE:NLY) last issued its quarterly earnings data on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.05. Annaly Capital Management had a return on equity of 14.95% and a net margin of 20.70%. Research analysts forecast that Annaly Capital Management, Inc. will post 2.81 EPS for the current fiscal year.

Annaly Capital Management Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were given a $0.65 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $2.60 annualized dividend and a dividend yield of 12.07%. Annaly Capital Management’s dividend payout ratio is currently 163.52%.

Wall Street Analyst Weigh In

NLY has been the subject of a number of research reports. JPMorgan Chase & Co. upped their price objective on shares of Annaly Capital Management from $19.00 to $21.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. Argus raised shares of 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 target price on shares of Annaly Capital Management in a report on Monday, February 10th. JMP Securities reiterated a “market perform” rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. Finally, 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 target price for the company. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, Annaly Capital Management presently has an average rating of “Moderate Buy” and a consensus price target 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.