Annaly Capital Management, Inc. (NYSE:NLY) Shares Acquired by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC boosted its position in Annaly Capital Management, Inc. (NYSE:NLY) by 0.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,099,719 shares of the real estate investment trust’s stock after acquiring an additional 109,655 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Annaly Capital Management were worth $332,665,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in NLY. KBC Group NV increased its position in shares of Annaly Capital Management by 238.9% in the 4th quarter. KBC Group NV now owns 5,198,020 shares of the real estate investment trust’s stock valued at $95,124,000 after purchasing an additional 3,664,098 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Annaly Capital Management by 531.3% during 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 worth $79,900,000 after purchasing an additional 3,350,435 shares in the last quarter. ORG Wealth Partners LLC increased its holdings in Annaly Capital Management by 5,113.5% in the fourth quarter. ORG Wealth Partners LLC now owns 788,336 shares of the real estate investment trust’s stock valued at $14,427,000 after buying an additional 773,215 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Annaly Capital Management by 21.5% in the third quarter. JPMorgan Chase & Co. now owns 3,057,037 shares of the real estate investment trust’s stock valued at $61,355,000 after buying an additional 541,869 shares in the last quarter. Finally, Mediolanum International Funds Ltd acquired a new position in shares of Annaly Capital Management during the 4th quarter worth about $8,170,000. Hedge funds and other institutional investors own 51.56% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Royal Bank of Canada reissued an “outperform” rating and set a $22.00 price objective on shares of Annaly Capital Management in a report on Monday. Barclays started 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 target on the stock. JMP Securities reissued a “market perform” rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. JPMorgan Chase & Co. raised their price objective on Annaly Capital Management from $19.00 to $21.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Finally, Argus raised Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a report on Thursday, October 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. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $21.44.

Annaly Capital Management Trading Up 0.3 %

NYSE NLY opened at $20.75 on Wednesday. The company has a quick ratio of 0.08, a current ratio of 0.12 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $11.63 billion, a P/E ratio of 13.05, a P/E/G ratio of 4.66 and a beta of 1.52. Annaly Capital Management, Inc. has a 52-week low of $17.67 and a 52-week high of $21.11. The firm has a 50-day moving average price of $19.38 and a 200 day moving average price of $19.71.

Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share 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%. Equities research analysts expect that Annaly Capital Management, Inc. will post 2.81 EPS for the current year.

Annaly Capital Management Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 12.53%. The ex-dividend date was Tuesday, December 31st. Annaly Capital Management’s dividend payout ratio (DPR) is 163.52%.

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.