Annaly Capital Management, Inc. (NYSE:NLY) Shares Purchased by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. boosted its stake in Annaly Capital Management, Inc. (NYSE:NLY) by 10.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,071,513 shares of the real estate investment trust’s stock after buying an additional 99,649 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Annaly Capital Management were worth $19,609,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Tandem Financial LLC acquired a new stake in Annaly Capital Management in the fourth quarter worth $327,000. Strategic Financial Concepts LLC bought a new position in shares of Annaly Capital Management in the fourth quarter worth $294,000. Consolidated Portfolio Review Corp bought a new position in shares of Annaly Capital Management in the fourth quarter worth $641,000. Beacon Financial Advisory LLC grew its stake in shares of Annaly Capital Management by 10.9% in the fourth quarter. Beacon Financial Advisory LLC now owns 20,144 shares of the real estate investment trust’s stock worth $369,000 after purchasing an additional 1,979 shares in the last quarter. Finally, State of Alaska Department of Revenue grew its stake in shares of Annaly Capital Management by 9.8% in the fourth quarter. State of Alaska Department of Revenue now owns 63,909 shares of the real estate investment trust’s stock worth $1,169,000 after purchasing an additional 5,700 shares in the last quarter. 51.56% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently issued reports on NLY shares. JMP Securities reissued a “market perform” rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. Argus raised Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a research note on Thursday, October 31st. Barclays started coverage on Annaly Capital Management in a research note on Monday, January 6th. They issued an “equal weight” rating and a $19.00 price target for the company. Royal Bank of Canada reissued an “outperform” rating and issued a $22.00 price target on shares of Annaly Capital Management in a research note on Monday. Finally, JPMorgan Chase & Co. raised their target price 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. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $21.44.

Annaly Capital Management Trading Down 0.3 %

Shares of NYSE NLY opened at $20.69 on Thursday. Annaly Capital Management, Inc. has a 12 month low of $17.67 and a 12 month high of $21.11. The company has a market cap of $11.60 billion, a price-to-earnings ratio of 13.01, a P/E/G ratio of 4.66 and a beta of 1.52. The company has a quick ratio of 0.08, a current ratio of 0.12 and a debt-to-equity ratio of 0.22. The business has a fifty day simple moving average of $19.41 and a 200-day simple moving average of $19.72.

Annaly Capital Management (NYSE:NLY) last announced 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%. Sell-side analysts predict that Annaly Capital Management, Inc. will post 2.81 EPS for the current year.

Annaly Capital Management Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were paid a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 12.57%. The ex-dividend date was Tuesday, December 31st. Annaly Capital Management’s dividend 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.