Annaly Capital Management, Inc. (NYSE:NLY) Shares Acquired by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in Annaly Capital Management, Inc. (NYSE:NLY) by 87.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 139,796 shares of the real estate investment trust’s stock after purchasing an additional 65,400 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Annaly Capital Management were worth $2,558,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of NLY. Avior Wealth Management LLC increased its holdings in shares of 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 period. Blue Trust Inc. boosted 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 valued at $33,000 after buying an additional 717 shares in the last quarter. UMB Bank n.a. boosted its stake in shares of Annaly Capital Management by 65.7% in 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 in the last quarter. Wolverine Asset Management LLC purchased a new stake in shares of Annaly Capital Management in the fourth quarter valued at approximately $50,000. Finally, Bartlett & CO. Wealth Management LLC boosted its stake in shares of Annaly Capital Management by 68.1% in 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 in the last quarter. Institutional investors and hedge funds own 51.56% of the company’s stock.

Analyst Ratings Changes

NLY has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their price target on Annaly Capital Management from $19.00 to $21.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Royal Bank of Canada restated an “outperform” rating and issued a $22.00 price target on shares of Annaly Capital Management in a research note on Monday, February 10th. Argus upgraded Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research note on Thursday, October 31st. Barclays assumed coverage on Annaly Capital Management in a research report on Monday, January 6th. They set an “equal weight” rating and a $19.00 target price on the stock. Finally, JMP Securities reiterated a “market perform” rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $21.44.

Annaly Capital Management Stock Up 0.9 %

Shares of NYSE:NLY opened at $21.85 on Thursday. Annaly Capital Management, Inc. has a 52-week low of $17.67 and a 52-week high of $22.05. The stock’s fifty day simple moving average is $19.77 and its 200-day simple moving average is $19.84. The company has a market capitalization of $12.63 billion, a P/E ratio of 13.74, a P/E/G ratio of 4.89 and a beta of 1.52.

Annaly Capital Management (NYSE:NLY) last released its earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 EPS for the quarter, beating 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, sell-side analysts anticipate that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current year.

Annaly Capital Management Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were paid a $0.65 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.60 annualized dividend and a yield of 11.90%. 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.