US Bancorp DE Raises Position in Annaly Capital Management, Inc. (NYSE:NLY)

US Bancorp DE raised its stake in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 14.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,776 shares of the real estate investment trust’s stock after purchasing an additional 4,099 shares during the period. US Bancorp DE’s holdings in Annaly Capital Management were worth $581,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Avior Wealth Management LLC grew 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 buying an additional 850 shares during the last quarter. Blue Trust Inc. grew its stake in shares of Annaly Capital Management by 78.5% during the fourth quarter. Blue Trust Inc. now owns 1,630 shares of the real estate investment trust’s stock valued at $33,000 after buying an additional 717 shares during the last quarter. UMB Bank n.a. grew its stake in shares of Annaly Capital Management by 65.7% during the fourth quarter. UMB Bank n.a. now owns 2,598 shares of the real estate investment trust’s stock valued at $48,000 after buying an additional 1,030 shares during the last quarter. Wolverine Asset Management LLC bought a new position in shares of Annaly Capital Management during the fourth quarter valued at approximately $50,000. Finally, Bartlett & CO. Wealth Management LLC grew its stake in shares of 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 valued at $56,000 after buying an additional 1,200 shares during the last quarter. 51.56% of the stock is currently owned by hedge funds and other institutional investors.

Annaly Capital Management Stock Down 3.3 %

Annaly Capital Management stock opened at $20.95 on Wednesday. The business has a fifty day moving average of $20.26 and a two-hundred day moving average of $19.93. The firm has a market cap of $12.11 billion, a P/E ratio of 13.17, a P/E/G ratio of 4.89 and a beta of 1.53. Annaly Capital Management, Inc. has a twelve month low of $17.67 and a twelve month high of $22.11.

Annaly Capital Management (NYSE:NLY) last posted its earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.05. Annaly Capital Management had a return on equity of 14.95% and a net margin of 20.70%. Equities analysts expect that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. JMP Securities reaffirmed a “market perform” rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. JPMorgan Chase & Co. increased their price objective on Annaly Capital Management from $19.00 to $21.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. Barclays initiated coverage on 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, Royal Bank of Canada reissued an “outperform” rating and issued a $22.00 price objective on shares of Annaly Capital Management in a research note on Monday, February 10th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Annaly Capital Management presently has an average rating of “Moderate Buy” and an average 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.