Annaly Capital Management, Inc. (NYSE:NLY) Shares Purchased by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC grew its stake in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 29.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,425 shares of the real estate investment trust’s stock after purchasing an additional 549 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Annaly Capital Management were worth $45,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its stake in Annaly Capital Management by 76.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 4,372 shares of the real estate investment trust’s stock worth $88,000 after purchasing an additional 1,891 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of Annaly Capital Management by 3.5% during the third quarter. Janney Montgomery Scott LLC now owns 135,197 shares of the real estate investment trust’s stock worth $2,713,000 after buying an additional 4,586 shares during the period. Mesirow Financial Investment Management Inc. boosted its stake in shares of Annaly Capital Management by 37.8% during the third quarter. Mesirow Financial Investment Management Inc. now owns 36,637 shares of the real estate investment trust’s stock worth $735,000 after buying an additional 10,045 shares during the period. Sigma Planning Corp grew its holdings in shares of Annaly Capital Management by 3.0% during the third quarter. Sigma Planning Corp now owns 27,124 shares of the real estate investment trust’s stock worth $544,000 after buying an additional 784 shares during the last quarter. Finally, Los Angeles Capital Management LLC increased its position in Annaly Capital Management by 13.3% in the 3rd quarter. Los Angeles Capital Management LLC now owns 97,139 shares of the real estate investment trust’s stock valued at $1,950,000 after acquiring an additional 11,369 shares during the period. Institutional investors and hedge funds own 51.56% of the company’s stock.

Annaly Capital Management Stock Performance

Annaly Capital Management stock opened at $20.95 on Wednesday. Annaly Capital Management, Inc. has a one year low of $17.67 and a one year high of $22.11. The stock’s 50 day moving average price is $20.26 and its 200 day moving average price is $19.93. The firm has a market capitalization of $12.11 billion, a PE ratio of 13.17, a price-to-earnings-growth ratio of 4.89 and a beta of 1.53.

Annaly Capital Management (NYSE:NLY) last released its quarterly earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share for the quarter, beating 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, analysts forecast that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have weighed in on NLY shares. JMP Securities reiterated a “market perform” rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. Royal Bank of Canada reiterated an “outperform” rating and issued a $22.00 price objective on shares of Annaly Capital Management in a research report on Monday, February 10th. Barclays assumed coverage on shares of Annaly Capital Management in a research note on Monday, January 6th. They issued an “equal weight” rating and a $19.00 price objective on the stock. Finally, JPMorgan Chase & Co. raised their target price 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. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price 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.