Annaly Capital Management, Inc. (NYSE:NLY) Shares Purchased by Ibex Wealth Advisors

Ibex Wealth Advisors grew its holdings in Annaly Capital Management, Inc. (NYSE:NLY) by 952.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 281,154 shares of the real estate investment trust’s stock after acquiring an additional 254,432 shares during the period. Ibex Wealth Advisors owned about 0.05% of Annaly Capital Management worth $5,145,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. KBC Group NV raised its stake in shares of Annaly Capital Management by 238.9% during the 4th quarter. KBC Group NV now owns 5,198,020 shares of the real estate investment trust’s stock worth $95,124,000 after buying an additional 3,664,098 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Annaly Capital Management by 531.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,981,081 shares of the real estate investment trust’s stock valued at $79,900,000 after acquiring an additional 3,350,435 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of Annaly Capital Management by 8.1% during the third quarter. Allspring Global Investments Holdings LLC now owns 17,990,064 shares of the real estate investment trust’s stock worth $361,061,000 after purchasing an additional 1,342,056 shares in the last quarter. ORG Wealth Partners LLC grew its stake in Annaly Capital Management by 5,113.5% during the 4th quarter. ORG Wealth Partners LLC now owns 788,336 shares of the real estate investment trust’s stock valued at $14,427,000 after acquiring an additional 773,215 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Annaly Capital Management by 21.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,057,037 shares of the real estate investment trust’s stock valued at $61,355,000 after purchasing an additional 541,869 shares during the last quarter. Institutional investors and hedge funds own 51.56% of the company’s stock.

Annaly Capital Management Price Performance

Shares of NLY traded up $0.05 during mid-day trading on Wednesday, reaching $19.95. The company’s stock had a trading volume of 396,658 shares, compared to its average volume of 6,002,359. The company’s 50 day moving average is $19.25 and its 200 day moving average is $19.70. The stock has a market cap of $11.18 billion, a PE ratio of -285.36 and a beta of 1.51. Annaly Capital Management, Inc. has a 12-month low of $17.67 and a 12-month high of $21.11.

Annaly Capital Management Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.65 per share. The ex-dividend date is Tuesday, December 31st. This represents a $2.60 annualized dividend and a dividend yield of 13.04%. Annaly Capital Management’s dividend payout ratio is presently -3,714.29%.

Analysts Set New Price Targets

Several equities analysts have recently commented on NLY shares. Argus raised Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research note on Thursday, October 31st. Royal Bank of Canada boosted their target price on Annaly Capital Management from $21.00 to $22.00 and gave the company an “outperform” rating in a research report on Monday. JMP Securities restated a “market perform” rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. Barclays began coverage on Annaly Capital Management in a report on Monday, January 6th. They issued an “equal weight” rating and a $19.00 price objective on the stock. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Annaly Capital Management from $20.00 to $19.00 and set an “overweight” rating for the company in a report on Tuesday, January 21st. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $21.22.

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.