Annaly Capital Management, Inc. (NYSE:NLY) Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its position in Annaly Capital Management, Inc. (NYSE:NLY) by 13.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 153,738 shares of the real estate investment trust’s stock after purchasing an additional 18,541 shares during the period. Janney Montgomery Scott LLC’s holdings in Annaly Capital Management were worth $2,813,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Avior Wealth Management LLC boosted its holdings in Annaly Capital Management by 209.9% in 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 last quarter. UMB Bank n.a. lifted its holdings in shares of Annaly Capital Management by 70.2% in the 3rd quarter. UMB Bank n.a. now owns 1,568 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 647 shares during the period. Quarry LP purchased a new stake in shares of Annaly Capital Management in the second quarter worth about $36,000. Toth Financial Advisory Corp grew 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 acquiring an additional 576 shares during the period. Finally, Bartlett & CO. Wealth Management LLC grew its holdings in Annaly Capital Management by 68.1% during 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. 51.56% of the stock is currently owned by hedge funds and other institutional investors.

Annaly Capital Management Stock Down 0.4 %

NLY stock opened at $20.39 on Friday. Annaly Capital Management, Inc. has a 52 week low of $17.67 and a 52 week high of $21.11. The firm has a 50-day simple moving average of $19.29 and a 200-day simple moving average of $19.70. The stock has a market capitalization of $11.43 billion, a P/E ratio of 12.82 and a beta of 1.51.

Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings data on Wednesday, January 29th. The real estate investment trust reported $0.72 EPS for the quarter, topping the consensus estimate of $0.67 by $0.05. Annaly Capital Management had a return on equity of 15.30% and a net margin of 20.70%. On average, analysts expect that Annaly Capital Management, Inc. will post 2.71 earnings per share for the current year.

Annaly Capital Management Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were paid a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 12.75%. The ex-dividend date was Tuesday, December 31st. Annaly Capital Management’s dividend payout ratio is currently 163.52%.

Wall Street Analyst Weigh In

NLY has been the topic of several recent research reports. Barclays assumed coverage on Annaly Capital Management in a research report on Monday, January 6th. They issued an “equal weight” rating and a $19.00 price objective on the stock. JPMorgan Chase & Co. increased their price target on shares of Annaly Capital Management from $19.00 to $21.00 and gave the stock an “overweight” rating in a report on Friday. Royal Bank of Canada raised their price target on shares of Annaly Capital Management from $21.00 to $22.00 and gave the company an “outperform” rating in a research report on Monday, January 27th. JMP Securities reiterated a “market perform” rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. Finally, 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 report on Thursday, October 31st. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $21.44.

Annaly Capital Management Company 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.