Lighthouse Investment Partners LLC Takes Position in Annaly Capital Management, Inc. (NYSE:NLY)

Lighthouse Investment Partners LLC purchased a new stake in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 483,231 shares of the real estate investment trust's stock, valued at approximately $8,843,000. Lighthouse Investment Partners LLC owned 0.09% of Annaly Capital Management as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in NLY. Assetmark Inc. acquired a new position in shares of Annaly Capital Management in the 4th quarter valued at $31,000. Blue Trust Inc. lifted its stake 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 purchasing an additional 717 shares during the period. Larson Financial Group LLC lifted its stake in shares of Annaly Capital Management by 34.4% in the 4th quarter. Larson Financial Group LLC now owns 2,143 shares of the real estate investment trust's stock valued at $39,000 after purchasing an additional 549 shares during the period. Smartleaf Asset Management LLC lifted its stake in shares of Annaly Capital Management by 29.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,425 shares of the real estate investment trust's stock valued at $45,000 after purchasing an additional 549 shares during the period. Finally, UMB Bank n.a. lifted its stake in shares of Annaly Capital Management by 65.7% in the 4th quarter. UMB Bank n.a. now owns 2,598 shares of the real estate investment trust's stock valued at $48,000 after purchasing an additional 1,030 shares during the period. Institutional investors and hedge funds own 51.56% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on NLY shares. JMP Securities reaffirmed a "market perform" rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. Jones Trading reaffirmed a "buy" rating and set a $21.00 price objective on shares of Annaly Capital Management in a research note on Friday, May 2nd. Keefe, Bruyette & Woods raised their price objective on Annaly Capital Management from $20.15 to $20.50 and gave the stock an "outperform" rating in a research note on Friday, May 2nd. Piper Sandler dropped their price objective on Annaly Capital Management from $21.50 to $21.00 and set an "overweight" rating on the stock in a research note on Friday, May 2nd. Finally, JPMorgan Chase & Co. dropped their price objective on Annaly Capital Management from $21.00 to $19.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $21.10.

Annaly Capital Management Price Performance

Shares of NLY traded up $0.18 during midday trading on Friday, hitting $19.89. The stock had a trading volume of 4,994,415 shares, compared to its average volume of 6,266,822. The company has a 50 day simple moving average of $19.55 and a two-hundred day simple moving average of $19.77. Annaly Capital Management, Inc. has a twelve month low of $16.60 and a twelve month high of $22.11. The firm has a market cap of $11.88 billion, a price-to-earnings ratio of 12.51, a price-to-earnings-growth ratio of 4.89 and a beta of 1.25.

Annaly Capital Management (NYSE:NLY - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The real estate investment trust reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.01. Annaly Capital Management had a return on equity of 14.95% and a net margin of 20.70%. The firm had revenue of $186.64 million for the quarter, compared to the consensus estimate of $418.04 million. Analysts forecast that Annaly Capital Management, Inc. will post 2.81 EPS for the current fiscal year.

Annaly Capital Management Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st were issued a $0.70 dividend. This is a boost from Annaly Capital Management's previous quarterly dividend of $0.65. The ex-dividend date of this dividend was Monday, March 31st. This represents a $2.80 annualized dividend and a dividend yield of 14.08%. Annaly Capital Management's dividend payout ratio (DPR) is presently 314.61%.

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.