Annaly Capital Management, Inc. (NYSE:NLY) is ORG Wealth Partners LLC’s 3rd Largest Position

ORG Wealth Partners LLC raised its position in Annaly Capital Management, Inc. (NYSE:NLY) by 5,113.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 788,336 shares of the real estate investment trust’s stock after buying an additional 773,215 shares during the period. Annaly Capital Management comprises 5.1% of ORG Wealth Partners LLC’s investment portfolio, making the stock its 3rd biggest position. ORG Wealth Partners LLC owned approximately 0.14% of Annaly Capital Management worth $14,427,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Avior Wealth Management LLC raised its holdings 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 valued at $25,000 after acquiring an additional 850 shares during the last quarter. UMB Bank n.a. lifted its position in Annaly Capital Management by 70.2% during 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. Quarry LP purchased a new position in Annaly Capital Management during the second quarter worth approximately $36,000. Toth Financial Advisory Corp boosted its stake in 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 worth $48,000 after buying an additional 576 shares during the last quarter. Finally, McIlrath & Eck LLC purchased a new stake in Annaly Capital Management in the 3rd quarter valued at $63,000. Institutional investors and hedge funds own 51.56% of the company’s stock.

Annaly Capital Management Stock Down 1.5 %

NLY traded down $0.27 on Friday, hitting $18.24. 3,701,214 shares of the company traded hands, compared to its average volume of 6,231,153. Annaly Capital Management, Inc. has a 12-month low of $17.67 and a 12-month high of $21.11. The company has a 50 day moving average of $19.35 and a 200-day moving average of $19.72. The stock has a market capitalization of $10.22 billion, a PE ratio of -260.57 and a beta of 1.51.

Annaly Capital Management (NYSE:NLY) last announced its quarterly earnings data on Wednesday, October 23rd. The real estate investment trust reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.01). The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $212.00 million. Annaly Capital Management had a net margin of 2.59% and a return on equity of 14.75%. During the same period in the prior year, the firm posted $0.66 earnings per share. On average, research analysts anticipate that Annaly Capital Management, Inc. will post 2.65 EPS for the current year.

Annaly Capital Management Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.65 per share. The ex-dividend date is Tuesday, December 31st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 14.25%. Annaly Capital Management’s dividend payout ratio (DPR) is presently -3,714.29%.

Analyst Ratings Changes

A number of brokerages recently issued reports on NLY. Argus raised shares of Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a report on Thursday, October 31st. Barclays began coverage on shares of Annaly Capital Management in a research note on Monday. They issued an “equal weight” rating and a $19.00 price target for the company. Wells Fargo & Company raised shares of Annaly Capital Management from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $19.00 to $23.00 in a research report on Friday, September 20th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Annaly Capital Management from $21.00 to $20.00 and set an “overweight” rating on the stock in a report on Monday, December 9th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $21.22.

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.