Commonwealth of Pennsylvania Public School Empls Retrmt SYS Buys 13,358 Shares of Annaly Capital Management, Inc. (NYSE:NLY)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 12.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 123,799 shares of the real estate investment trust’s stock after acquiring an additional 13,358 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Annaly Capital Management were worth $2,266,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Natixis Advisors LLC boosted its position in shares of Annaly Capital Management by 15.4% during the 3rd quarter. Natixis Advisors LLC now owns 48,365 shares of the real estate investment trust’s stock worth $971,000 after purchasing an additional 6,469 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new position in Annaly Capital Management in the third quarter worth approximately $309,000. Avior Wealth Management LLC grew its stake 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 acquiring an additional 850 shares during the period. Citigroup Inc. increased its holdings in shares of Annaly Capital Management by 22.6% during the third quarter. Citigroup Inc. now owns 652,255 shares of the real estate investment trust’s stock valued at $13,091,000 after acquiring an additional 120,163 shares in the last quarter. Finally, Cerity Partners LLC raised its position in shares of Annaly Capital Management by 58.8% during the third quarter. Cerity Partners LLC now owns 34,996 shares of the real estate investment trust’s stock worth $702,000 after purchasing an additional 12,952 shares during the period. 51.56% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on NLY. JMP Securities reissued a “market perform” rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. 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 research report on Friday, January 31st. Royal Bank of Canada restated an “outperform” rating and issued a $22.00 target price on shares of Annaly Capital Management in a report on Monday, February 10th. Finally, Barclays began coverage on Annaly Capital Management in a report on Monday, January 6th. They set an “equal weight” rating and a $19.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $21.44.

Annaly Capital Management Price Performance

Shares of Annaly Capital Management stock opened at $21.63 on Tuesday. The firm has a market cap of $12.51 billion, a PE ratio of 13.60, a P/E/G ratio of 4.89 and a beta of 1.53. Annaly Capital Management, Inc. has a 1 year low of $17.67 and a 1 year high of $22.11. The stock has a fifty day moving average price of $20.82 and a 200-day moving average price of $20.03.

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

Annaly Capital Management Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 12.95%. This is a positive change from Annaly Capital Management’s previous quarterly dividend of $0.65. The ex-dividend date is Monday, March 31st. Annaly Capital Management’s dividend payout ratio is 176.10%.

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.