Annaly Capital Management, Inc. (NYSE:NLY) Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC boosted its position in Annaly Capital Management, Inc. (NYSE:NLY) by 15.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,365 shares of the real estate investment trust’s stock after acquiring an additional 6,469 shares during the quarter. Natixis Advisors LLC’s holdings in Annaly Capital Management were worth $971,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in NLY. Redmont Wealth Advisors LLC raised its holdings in Annaly Capital Management by 20.6% during the second quarter. Redmont Wealth Advisors LLC now owns 3,279 shares of the real estate investment trust’s stock worth $62,000 after purchasing an additional 559 shares in the last quarter. Toth Financial Advisory Corp raised its holdings in Annaly Capital Management by 31.8% during the third quarter. Toth Financial Advisory Corp now owns 2,390 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 576 shares in the last quarter. Wesbanco Bank Inc. raised its holdings in Annaly Capital Management by 2.8% during the third quarter. Wesbanco Bank Inc. now owns 21,314 shares of the real estate investment trust’s stock worth $428,000 after purchasing an additional 584 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its holdings in Annaly Capital Management by 3.0% during the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 20,537 shares of the real estate investment trust’s stock worth $391,000 after purchasing an additional 597 shares in the last quarter. Finally, UMB Bank n.a. raised its holdings in Annaly Capital Management by 70.2% during the third quarter. UMB Bank n.a. now owns 1,568 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 647 shares in the last quarter. Institutional investors and hedge funds own 51.56% of the company’s stock.

Annaly Capital Management Stock Up 0.6 %

NLY opened at $19.82 on Thursday. The firm has a market cap of $11.11 billion, a P/E ratio of -283.14 and a beta of 1.52. Annaly Capital Management, Inc. has a 52 week low of $17.23 and a 52 week high of $21.11. The business’s fifty day simple moving average is $19.77 and its 200 day simple moving average is $19.86.

Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings data on Wednesday, October 23rd. The real estate investment trust reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.01). The company had revenue of $1.23 billion for the quarter, compared to analyst estimates of $212.00 million. Annaly Capital Management had a net margin of 2.59% and a return on equity of 14.75%. During the same period in the previous year, the business earned $0.66 EPS. As a group, equities analysts expect that Annaly Capital Management, Inc. will post 2.65 EPS for the current fiscal year.

Annaly Capital Management Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Monday, September 30th were paid a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 13.12%. The ex-dividend date was Monday, September 30th. Annaly Capital Management’s payout ratio is currently -3,714.29%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. cut their target price on shares of Annaly Capital Management from $22.00 to $21.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. Wells Fargo & Company raised shares of Annaly Capital Management from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $19.00 to $23.00 in a report on Friday, September 20th. Argus upgraded Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a research note on Thursday, October 31st. Finally, JMP Securities restated a “market perform” rating on shares of Annaly Capital Management in a research note on Wednesday, August 28th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $21.33.

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.