Annaly Capital Management, Inc. (NYSE:NLY) Shares Acquired by KG&L Capital Management LLC

KG&L Capital Management LLC grew its holdings in Annaly Capital Management, Inc. (NYSE:NLY) by 2.0% during the 4th quarter, Holdings Channel reports. The fund owned 30,648 shares of the real estate investment trust’s stock after purchasing an additional 600 shares during the period. KG&L Capital Management LLC’s holdings in Annaly Capital Management were worth $561,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Avior Wealth Management LLC boosted its holdings in Annaly Capital Management by 209.9% in 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 purchasing an additional 850 shares during the last quarter. UMB Bank n.a. lifted its holdings in shares of Annaly Capital Management by 70.2% in the 3rd quarter. UMB Bank n.a. now owns 1,568 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 647 shares during the period. Blue Trust Inc. lifted its holdings in shares of Annaly Capital Management by 78.5% in the 4th 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 during the period. Quarry LP purchased a new stake in shares of Annaly Capital Management in the second quarter worth about $36,000. Finally, Toth Financial Advisory Corp grew its holdings in Annaly Capital Management by 31.8% during the third quarter. Toth Financial Advisory Corp now owns 2,390 shares of the real estate investment trust’s stock worth $48,000 after acquiring an additional 576 shares during the period. Institutional investors and hedge funds own 51.56% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on NLY shares. JMP Securities reissued a “market perform” rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. Barclays assumed coverage on shares of Annaly Capital Management in a report on Monday, January 6th. They set an “equal weight” rating and a $19.00 price target on the stock. Royal Bank of Canada lifted their price objective on shares of Annaly Capital Management from $21.00 to $22.00 and gave the company an “outperform” rating in a report on Monday, January 27th. JPMorgan Chase & Co. increased their target price on shares of Annaly Capital Management from $19.00 to $21.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, 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. Three 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 an average rating of “Moderate Buy” and an average target price of $21.44.

Annaly Capital Management Trading Down 0.4 %

NLY stock opened at $20.39 on Friday. Annaly Capital Management, Inc. has a 12-month low of $17.67 and a 12-month high of $21.11. The business’s 50-day moving average is $19.29 and its 200 day moving average is $19.70. The stock has a market cap of $11.43 billion, a price-to-earnings ratio of 12.82 and a beta of 1.51.

Annaly Capital Management (NYSE:NLY) last issued its quarterly earnings results 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 15.30% and a net margin of 20.70%. As a group, equities analysts forecast that Annaly Capital Management, Inc. will post 2.71 EPS for the current fiscal year.

Annaly Capital Management Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were given a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 12.75%. The ex-dividend date was Tuesday, December 31st. Annaly Capital Management’s dividend payout ratio (DPR) is 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.