Annaly Capital Management, Inc. (NYSE:NLY) Stake Lifted by SG Americas Securities LLC

SG Americas Securities LLC raised its position in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 38.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 367,234 shares of the real estate investment trust's stock after acquiring an additional 101,977 shares during the quarter. SG Americas Securities LLC owned 0.07% of Annaly Capital Management worth $6,720,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Nisa Investment Advisors LLC lifted its stake in shares of Annaly Capital Management by 4.9% in the fourth quarter. Nisa Investment Advisors LLC now owns 186,470 shares of the real estate investment trust's stock worth $3,534,000 after acquiring an additional 8,739 shares in the last quarter. Aspire Private Capital LLC increased its holdings in Annaly Capital Management by 16.5% during the 4th quarter. Aspire Private Capital LLC now owns 18,502 shares of the real estate investment trust's stock worth $339,000 after purchasing an additional 2,624 shares during the last quarter. UMB Bank n.a. raised its position 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 in the last quarter. Diversify Wealth Management LLC purchased a new position in shares of Annaly Capital Management during the 4th quarter valued at approximately $201,000. Finally, Howard Financial Services LTD. acquired a new stake in shares of Annaly Capital Management during the fourth quarter worth approximately $527,000. Hedge funds and other institutional investors own 51.56% of the company's stock.

Annaly Capital Management Trading Up 0.7 %

NYSE NLY traded up $0.14 during trading hours on Friday, reaching $19.49. The company's stock had a trading volume of 4,547,981 shares, compared to its average volume of 5,768,130. The business has a 50-day simple moving average of $19.25 and a 200 day simple moving average of $19.69. Annaly Capital Management, Inc. has a 52 week low of $17.67 and a 52 week high of $21.11. The stock has a market cap of $10.92 billion, a PE ratio of -278.39 and a beta of 1.51.

Annaly Capital Management (NYSE:NLY - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The real estate investment trust reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.01). The company had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $212.00 million. Annaly Capital Management had a return on equity of 14.75% and a net margin of 2.59%. During the same period last year, the business posted $0.66 EPS. As a group, equities analysts predict that Annaly Capital Management, Inc. will post 2.65 EPS for the current year.

Annaly Capital Management Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, December 31st will be given a $0.65 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $2.60 annualized dividend and a yield of 13.34%. Annaly Capital Management's dividend payout ratio is presently -3,714.29%.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Argus raised shares of Annaly Capital Management from a "hold" rating to a "buy" rating and set a $21.00 price target on the stock in a report on Thursday, October 31st. JMP Securities restated a "market perform" rating on shares of Annaly Capital Management in a research note on Thursday. JPMorgan Chase & Co. reduced their price target on shares of Annaly Capital Management from $20.00 to $19.00 and set an "overweight" rating on the stock in a research report on Tuesday. Finally, Barclays assumed coverage on Annaly Capital Management in a report on Monday, January 6th. They issued an "equal weight" rating and a $19.00 price objective for the company. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $21.11.

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.