Annaly Capital Management, Inc. (NYSE:NLY) Shares Acquired by Securian Asset Management Inc.

Securian Asset Management Inc. increased its holdings in Annaly Capital Management, Inc. (NYSE:NLY) by 8.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 42,376 shares of the real estate investment trust’s stock after acquiring an additional 3,417 shares during the quarter. Securian Asset Management Inc.’s holdings in Annaly Capital Management were worth $775,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Avior Wealth Management LLC raised its stake in Annaly Capital Management by 209.9% during 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 buying an additional 850 shares in the last quarter. Assetmark Inc. acquired a new stake in Annaly Capital Management during the fourth quarter valued at approximately $31,000. Blue Trust Inc. raised its stake in Annaly Capital Management by 78.5% during 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. Larson Financial Group LLC raised its stake in Annaly Capital Management by 34.4% during the fourth quarter. Larson Financial Group LLC now owns 2,143 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 549 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in Annaly Capital Management by 29.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,425 shares of the real estate investment trust’s stock valued at $45,000 after buying an additional 549 shares in the last quarter. Institutional investors and hedge funds own 51.56% of the company’s stock.

Annaly Capital Management Price Performance

Shares of NLY stock opened at $21.63 on Friday. Annaly Capital Management, Inc. has a 12-month low of $17.67 and a 12-month high of $22.11. The firm has a market capitalization of $12.51 billion, a price-to-earnings ratio of 13.60, a price-to-earnings-growth ratio of 4.89 and a beta of 1.53. The business has a 50 day simple moving average of $20.42 and a 200 day simple moving average of $19.96.

Annaly Capital Management (NYSE:NLY) last issued its quarterly earnings data on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share (EPS) for the quarter, topping 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%. On average, equities analysts anticipate that Annaly Capital Management, Inc. will post 2.81 EPS for the current fiscal year.

Annaly Capital Management Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 12.94%. This is a positive change from Annaly Capital Management’s previous quarterly dividend of $0.65. The ex-dividend date of this dividend is Monday, March 31st. Annaly Capital Management’s dividend payout ratio is 163.52%.

Analyst Ratings Changes

Several brokerages have issued reports on NLY. JPMorgan Chase & Co. upped their price objective 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. Barclays assumed coverage on Annaly Capital Management in a report on Monday, January 6th. They set an “equal weight” rating and a $19.00 target price for the company. Royal Bank of Canada reaffirmed an “outperform” rating and set a $22.00 target price on shares of Annaly Capital Management in a report on Monday, February 10th. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, Annaly Capital Management presently has an average rating of “Moderate Buy” and a consensus price target of $21.44.

Annaly Capital Management 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.