Bayesian Capital Management LP Makes New $730,000 Investment in Annaly Capital Management, Inc. (NYSE:NLY)

Bayesian Capital Management LP purchased a new position in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 39,900 shares of the real estate investment trust's stock, valued at approximately $730,000.

Other large investors also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD increased its stake in shares of Annaly Capital Management by 31.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 34,426,571 shares of the real estate investment trust's stock valued at $630,007,000 after purchasing an additional 8,272,674 shares in the last quarter. Norges Bank purchased a new position in Annaly Capital Management during the fourth quarter valued at $127,397,000. Vanguard Group Inc. raised its stake in Annaly Capital Management by 12.0% during the fourth quarter. Vanguard Group Inc. now owns 54,721,696 shares of the real estate investment trust's stock valued at $1,001,407,000 after buying an additional 5,859,104 shares during the last quarter. KBC Group NV boosted its holdings in Annaly Capital Management by 238.9% in the fourth quarter. KBC Group NV now owns 5,198,020 shares of the real estate investment trust's stock worth $95,124,000 after acquiring an additional 3,664,098 shares in the last quarter. Finally, Northern Trust Corp increased its holdings in shares of Annaly Capital Management by 90.6% during the fourth quarter. Northern Trust Corp now owns 7,587,581 shares of the real estate investment trust's stock valued at $138,853,000 after acquiring an additional 3,606,366 shares in the last quarter. 51.56% of the stock is owned by hedge funds and other institutional investors.

Annaly Capital Management Trading Down 0.2 %

NLY stock traded down $0.04 during trading on Friday, reaching $19.24. The stock had a trading volume of 8,815,575 shares, compared to its average volume of 6,177,475. The firm has a market cap of $11.50 billion, a PE ratio of 12.10, a PEG ratio of 4.89 and a beta of 1.25. The stock's 50 day moving average is $19.74 and its two-hundred day moving average is $19.76. Annaly Capital Management, Inc. has a 52 week low of $16.60 and a 52 week high of $22.11.

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

Annaly Capital Management Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Investors 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. This represents a $2.80 dividend on an annualized basis and a yield of 14.55%. The ex-dividend date was Monday, March 31st. Annaly Capital Management's dividend payout ratio (DPR) is currently 314.61%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Jones Trading reiterated a "buy" rating and issued a $21.00 price target on shares of Annaly Capital Management in a research note on Friday, May 2nd. JPMorgan Chase & Co. cut their price target on shares of Annaly Capital Management from $21.00 to $19.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. Piper Sandler decreased their price objective on shares of Annaly Capital Management from $21.50 to $21.00 and set an "overweight" rating for the company in a report on Friday, May 2nd. JMP Securities reiterated a "market perform" rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a $22.00 target price on shares of Annaly Capital Management in a report on Monday, February 10th. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, Annaly Capital Management has an average rating of "Moderate Buy" and a consensus target price of $21.10.

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.