Annaly Capital Management, Inc. (NYSE:NLY) Shares Purchased by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. boosted its holdings in Annaly Capital Management, Inc. (NYSE:NLY) by 13.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 210,119 shares of the real estate investment trust’s stock after buying an additional 24,791 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Annaly Capital Management were worth $3,980,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Stratos Wealth Advisors LLC increased its stake in Annaly Capital Management by 93.1% in the fourth quarter. Stratos Wealth Advisors LLC now owns 275,559 shares of the real estate investment trust’s stock valued at $5,043,000 after purchasing an additional 132,891 shares during the last quarter. Wellington Management Group LLP increased its stake in Annaly Capital Management by 9.9% during the third quarter. Wellington Management Group LLP now owns 537,125 shares of the real estate investment trust’s stock worth $10,780,000 after acquiring an additional 48,555 shares during the last quarter. Citigroup Inc. increased its stake in 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 worth $13,091,000 after acquiring an additional 120,163 shares during the last quarter. Howard Financial Services LTD. acquired a new stake in Annaly Capital Management during the fourth quarter worth about $527,000. Finally, Tandem Financial LLC acquired a new stake in Annaly Capital Management during the fourth quarter worth about $327,000. 51.56% of the stock is currently owned by institutional investors and hedge funds.

Annaly Capital Management Stock Performance

Shares of NLY opened at $21.55 on Thursday. The company has a market capitalization of $12.46 billion, a P/E ratio of 13.55, a P/E/G ratio of 4.78 and a beta of 1.52. Annaly Capital Management, Inc. has a one year low of $17.67 and a one year high of $21.59. The stock has a 50-day moving average price of $19.55 and a 200 day moving average price of $19.77.

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

Annaly Capital Management Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 12.07%. The ex-dividend date was Tuesday, December 31st. Annaly Capital Management’s dividend payout ratio is presently 163.52%.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Argus upgraded 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. JPMorgan Chase & Co. upped their price target on Annaly Capital Management from $19.00 to $21.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. JMP Securities restated a “market perform” rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. Royal Bank of Canada reiterated an “outperform” rating and issued a $22.00 target price on shares of Annaly Capital Management in a research note on Monday, February 10th. Finally, 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 target price for the company. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.44.

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.