Clarity Capital Partners LLC raised its holdings in shares of Annaly Capital Management, Inc. (NYSE:NLY – Free Report) by 59.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,204 shares of the real estate investment trust’s stock after purchasing an additional 6,444 shares during the period. Clarity Capital Partners LLC’s holdings in Annaly Capital Management were worth $315,000 as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in NLY. Avior Wealth Management LLC boosted its stake in Annaly Capital Management by 209.9% in the 3rd quarter. Avior Wealth Management LLC now owns 1,255 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 850 shares in the last quarter. UMB Bank n.a. lifted its stake in shares of Annaly Capital Management by 70.2% in the third quarter. UMB Bank n.a. now owns 1,568 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 647 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of Annaly Capital Management by 78.5% in the fourth quarter. Blue Trust Inc. now owns 1,630 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 717 shares in the last quarter. Toth Financial Advisory Corp grew its holdings in shares of 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 valued at $48,000 after buying an additional 576 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC increased its position 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 acquiring an additional 1,200 shares in the last quarter. 51.56% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several analysts have commented on NLY shares. Barclays began coverage on Annaly Capital Management in a research note on Monday, January 6th. They set an “equal weight” rating and a $19.00 target price on the stock. JPMorgan Chase & Co. lifted their price objective on Annaly Capital Management from $19.00 to $21.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Argus raised Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research report on Thursday, October 31st. JMP Securities reaffirmed a “market perform” rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $22.00 price objective on shares of Annaly Capital Management in a report on Monday. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $21.44.
Annaly Capital Management Stock Down 0.3 %
Shares of NLY stock opened at $20.69 on Thursday. The company has a current ratio of 0.12, a quick ratio of 0.08 and a debt-to-equity ratio of 0.22. Annaly Capital Management, Inc. has a 12 month low of $17.67 and a 12 month high of $21.11. The stock has a market cap of $11.60 billion, a P/E ratio of 13.01, a P/E/G ratio of 4.66 and a beta of 1.52. The company has a 50 day simple moving average of $19.41 and a two-hundred day simple moving average of $19.72.
Annaly Capital Management (NYSE:NLY – Get Free Report) 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 14.95% and a net margin of 20.70%. On average, research analysts expect that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current year.
Annaly Capital Management Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were given a dividend of $0.65 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 12.57%. Annaly Capital Management’s payout ratio is currently 163.52%.
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.
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