Bayesian Capital Management LP Purchases New Stake in Annaly Capital Management, Inc. (NYSE:NLY)

Bayesian Capital Management LP bought a new position in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 39,900 shares of the real estate investment trust's stock, valued at approximately $730,000.

A number of other large investors have also made changes to their positions in the company. Stratos Wealth Advisors LLC grew its position in shares of Annaly Capital Management by 93.1% during the fourth quarter. Stratos Wealth Advisors LLC now owns 275,559 shares of the real estate investment trust's stock worth $5,043,000 after purchasing an additional 132,891 shares in the last quarter. Howard Financial Services LTD. purchased a new position in Annaly Capital Management during the 4th quarter valued at $527,000. Tandem Financial LLC bought a new position in Annaly Capital Management in the 4th quarter worth about $327,000. Wernau Asset Management Inc. purchased a new position in shares of Annaly Capital Management during the fourth quarter valued at $229,000. Finally, Charles Schwab Investment Management Inc. boosted its position in Annaly Capital Management by 12.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,612,278 shares of the real estate investment trust's stock valued at $66,105,000 after acquiring an additional 393,581 shares in the last quarter. 51.56% of the stock is currently owned by institutional investors.

Annaly Capital Management Stock Down 0.2 %

NLY traded down $0.04 during trading on Friday, hitting $19.24. 8,815,575 shares of the stock were exchanged, compared to its average volume of 6,193,243. The firm has a market capitalization of $11.50 billion, a P/E ratio of 12.10, a PEG ratio of 4.89 and a beta of 1.25. Annaly Capital Management, Inc. has a 1-year low of $16.60 and a 1-year high of $22.11. The stock has a fifty day moving average price of $19.74 and a two-hundred day moving average price of $19.76.

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

Annaly Capital Management Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st were issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 14.55%. The ex-dividend date was Monday, March 31st. This is a positive change from Annaly Capital Management's previous quarterly dividend of $0.65. Annaly Capital Management's dividend payout ratio (DPR) is 314.61%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on NLY shares. JMP Securities reaffirmed a "market perform" rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. Royal Bank of Canada restated an "outperform" rating and issued a $22.00 price target on shares of Annaly Capital Management in a research note on Monday, February 10th. Piper Sandler reduced their target price on Annaly Capital Management from $21.50 to $21.00 and set an "overweight" rating for the company in a research note on Friday, May 2nd. Jones Trading reaffirmed a "buy" rating and set a $21.00 price objective on shares of Annaly Capital Management in a report on Friday, May 2nd. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Annaly Capital Management from $20.15 to $20.50 and gave the stock an "outperform" rating in a research note on Friday, May 2nd. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target 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.