Consolidated Portfolio Review Corp Makes New $641,000 Investment in Annaly Capital Management, Inc. (NYSE:NLY)

Consolidated Portfolio Review Corp purchased a new stake in shares of Annaly Capital Management, Inc. (NYSE:NLY) during the 4th quarter, HoldingsChannel reports. The firm purchased 35,054 shares of the real estate investment trust’s stock, valued at approximately $641,000.

A number of other hedge funds have also modified their holdings of the company. Avior Wealth Management LLC increased its holdings in Annaly Capital Management by 209.9% in the 3rd quarter. Avior Wealth Management LLC now owns 1,255 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 850 shares during the period. UMB Bank n.a. boosted 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 acquiring an additional 647 shares during the last quarter. Blue Trust Inc. increased its stake in shares of Annaly Capital Management by 78.5% in the fourth quarter. Blue Trust Inc. now owns 1,630 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 717 shares during the period. Toth Financial Advisory Corp raised its holdings in shares of 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 purchasing an additional 576 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC lifted its position in Annaly Capital Management by 68.1% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 2,962 shares of the real estate investment trust’s stock valued at $56,000 after purchasing an additional 1,200 shares during the period. 51.56% of the stock is owned by institutional investors and hedge funds.

Annaly Capital Management Price Performance

Shares of NYSE NLY opened at $20.50 on Friday. 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 firm has a fifty day moving average of $19.35 and a 200 day moving average of $19.71. The firm has a market cap of $11.49 billion, a PE ratio of 12.90 and a beta of 1.52. Annaly Capital Management, Inc. has a one year low of $17.67 and a one year high of $21.11.

Annaly Capital Management (NYSE:NLY) last released its earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 EPS for the quarter, topping 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, research analysts predict that Annaly Capital Management, Inc. will post 2.72 EPS 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. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 12.68%. Annaly Capital Management’s payout ratio is currently 163.52%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. JPMorgan Chase & Co. increased their price target on Annaly Capital Management from $19.00 to $21.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. JMP Securities reiterated a “market perform” rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. Royal Bank of Canada boosted their price target on Annaly Capital Management from $21.00 to $22.00 and gave the company an “outperform” rating in a report on Monday, January 27th. Barclays initiated coverage on shares of Annaly Capital Management in a research note on Monday, January 6th. They set an “equal weight” rating and a $19.00 price objective on the stock. Finally, Argus upgraded shares of Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research note on Thursday, October 31st. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Annaly Capital Management 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.