Proficio Capital Partners LLC Acquires Shares of 22,253 Annaly Capital Management, Inc. (NYSE:NLY)

Proficio Capital Partners LLC acquired a new stake in Annaly Capital Management, Inc. (NYSE:NLY) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 22,253 shares of the real estate investment trust’s stock, valued at approximately $407,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its position in shares of 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 buying an additional 1,891 shares during the period. Janney Montgomery Scott LLC lifted its stake in Annaly Capital Management by 3.5% in the third quarter. Janney Montgomery Scott LLC now owns 135,197 shares of the real estate investment trust’s stock valued at $2,713,000 after buying an additional 4,586 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in Annaly Capital Management by 213.4% in the third quarter. Robeco Institutional Asset Management B.V. now owns 39,351 shares of the real estate investment trust’s stock valued at $790,000 after buying an additional 26,794 shares in the last quarter. Mesirow Financial Investment Management Inc. lifted its stake in Annaly Capital Management by 37.8% in the third quarter. Mesirow Financial Investment Management Inc. now owns 36,637 shares of the real estate investment trust’s stock valued at $735,000 after buying an additional 10,045 shares in the last quarter. Finally, Sigma Planning Corp lifted its position in shares of Annaly Capital Management by 3.0% in the third quarter. Sigma Planning Corp now owns 27,124 shares of the real estate investment trust’s stock worth $544,000 after purchasing an additional 784 shares in the last quarter. Institutional investors and hedge funds own 51.56% of the company’s stock.

Annaly Capital Management Stock Performance

NYSE:NLY opened at $21.67 on Tuesday. The company has a market capitalization of $12.54 billion, a PE ratio of 13.63, a P/E/G ratio of 4.89 and a beta of 1.53. The company has a 50 day simple moving average of $20.20 and a two-hundred day simple moving average of $19.93. Annaly Capital Management, Inc. has a fifty-two week low of $17.67 and a fifty-two week high of $22.11.

Annaly Capital Management (NYSE:NLY) last announced 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 net margin of 20.70% and a return on equity of 14.95%. Research analysts predict that Annaly Capital Management, Inc. will post 2.81 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on NLY shares. JPMorgan Chase & Co. boosted their target price on shares of Annaly Capital Management from $19.00 to $21.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Royal Bank of Canada reaffirmed an “outperform” rating and set a $22.00 price objective on shares of Annaly Capital Management in a research report on Monday, February 10th. JMP Securities reaffirmed a “market perform” rating on shares of Annaly Capital Management in a research 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 analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, Annaly Capital Management has a consensus rating of “Moderate Buy” and a consensus 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.