Columbus Macro LLC Buys New Position in Annaly Capital Management, Inc. (NYSE:NLY)

Columbus Macro LLC purchased a new position in Annaly Capital Management, Inc. (NYSE:NLY) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 344,635 shares of the real estate investment trust’s stock, valued at approximately $6,307,000. Columbus Macro LLC owned approximately 0.06% of Annaly Capital Management as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently modified their holdings of NLY. Spire Wealth Management purchased a new stake in Annaly Capital Management in the 4th quarter valued at about $140,000. KG&L Capital Management LLC grew its holdings in Annaly Capital Management by 2.0% during the fourth quarter. KG&L Capital Management LLC now owns 30,648 shares of the real estate investment trust’s stock worth $561,000 after acquiring an additional 600 shares during the period. Clear Creek Financial Management LLC raised its position in shares of Annaly Capital Management by 10.8% in the fourth quarter. Clear Creek Financial Management LLC now owns 26,278 shares of the real estate investment trust’s stock worth $481,000 after acquiring an additional 2,553 shares during the period. Clarity Financial LLC increased its holdings in Annaly Capital Management by 112.2% in the 4th quarter. Clarity Financial LLC now owns 707,130 shares of the real estate investment trust’s stock worth $12,940,000 after acquiring an additional 373,959 shares in the last quarter. Finally, Mediolanum International Funds Ltd acquired a new position in shares of Annaly Capital Management during the fourth quarter valued at approximately $8,170,000. Hedge funds and other institutional investors own 51.56% of the company’s stock.

Annaly Capital Management Trading Down 0.9 %

NLY stock opened at $20.23 on Tuesday. Annaly Capital Management, Inc. has a 52 week low of $17.67 and a 52 week high of $21.11. The company’s 50-day simple moving average is $19.29 and its 200 day simple moving average is $19.69. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.08 and a current ratio of 0.12. The company has a market capitalization of $11.34 billion, a PE ratio of 12.72 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 earnings per share for the quarter, beating 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, sell-side analysts anticipate that Annaly Capital Management, Inc. will post 2.72 earnings per share for the current year.

Annaly Capital Management Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were paid a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 12.85%. The ex-dividend date of this dividend was Tuesday, December 31st. Annaly Capital Management’s dividend payout ratio (DPR) is presently 163.52%.

Wall Street Analysts Forecast Growth

NLY has been the subject of a number of recent analyst reports. Argus raised shares of Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research report on Thursday, October 31st. JMP Securities reiterated a “market perform” rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. Barclays began 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. JPMorgan Chase & Co. upped their target price on shares of Annaly Capital Management from $19.00 to $21.00 and gave the company an “overweight” rating in a report on Friday. Finally, Royal Bank of Canada raised their target price on shares of Annaly Capital Management from $21.00 to $22.00 and gave the company an “outperform” rating in a research note on Monday, January 27th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $21.44.

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.