Thompson Investment Management Inc. decreased its holdings in shares of Annaly Capital Management, Inc. (NYSE:NLY – Free Report) by 1.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 50,921 shares of the real estate investment trust’s stock after selling 856 shares during the period. Thompson Investment Management Inc.’s holdings in Annaly Capital Management were worth $932,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of NLY. Sanctuary Advisors LLC acquired a new position in Annaly Capital Management during the second quarter worth $205,000. CWM LLC raised its holdings in Annaly Capital Management by 156.7% during the third quarter. CWM LLC now owns 19,909 shares of the real estate investment trust’s stock worth $400,000 after buying an additional 12,154 shares during the last quarter. UMB Bank n.a. raised its holdings in Annaly Capital Management by 70.2% during the third quarter. UMB Bank n.a. now owns 1,568 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 647 shares during the last quarter. Fermata Advisors LLC raised its holdings in Annaly Capital Management by 7.0% during the third quarter. Fermata Advisors LLC now owns 17,459 shares of the real estate investment trust’s stock worth $350,000 after buying an additional 1,135 shares during the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt raised its holdings in Annaly Capital Management by 642.3% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 6,703 shares of the real estate investment trust’s stock worth $138,000 after buying an additional 5,800 shares during the last quarter. Institutional investors and hedge funds own 51.56% of the company’s stock.
Annaly Capital Management Stock Down 0.9 %
Shares of NYSE NLY opened at $20.50 on Friday. Annaly Capital Management, Inc. has a one year low of $17.67 and a one year high of $21.11. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.12 and a quick ratio of 0.08. The firm’s 50 day simple moving average is $19.35 and its two-hundred day simple moving average is $19.70. The stock has a market capitalization of $11.49 billion, a P/E ratio of 12.90, a PEG ratio of 4.66 and a beta of 1.52.
Annaly Capital Management Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were issued a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 12.68%. The ex-dividend date was Tuesday, December 31st. Annaly Capital Management’s dividend payout ratio is 163.52%.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on NLY shares. 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. Royal Bank of Canada increased their price target on shares of Annaly Capital Management from $21.00 to $22.00 and gave the company an “outperform” rating in a research report on Monday, January 27th. Barclays began coverage on shares of Annaly Capital Management in a research report on Monday, January 6th. They set an “equal weight” rating and a $19.00 price target for the company. JMP Securities reaffirmed a “market perform” rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. Finally, JPMorgan Chase & Co. upped their price objective on shares of Annaly Capital Management from $19.00 to $21.00 and gave the company an “overweight” rating in a report on Friday, January 31st. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $21.44.
Get Our Latest Report on Annaly Capital Management
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.
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