Cetera Investment Advisers Purchases 25,411 Shares of Annaly Capital Management, Inc. (NYSE:NLY)

Cetera Investment Advisers lifted its position in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 2.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,043,412 shares of the real estate investment trust's stock after buying an additional 25,411 shares during the quarter. Cetera Investment Advisers owned approximately 0.19% of Annaly Capital Management worth $19,094,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of NLY. Price T Rowe Associates Inc. MD lifted its stake in Annaly Capital Management by 31.6% in 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 buying an additional 8,272,674 shares during the last quarter. Norges Bank acquired a new stake in Annaly Capital Management during the 4th quarter worth $127,397,000. Vanguard Group Inc. increased its stake in Annaly Capital Management by 12.0% in 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 purchasing an additional 5,859,104 shares during the period. KBC Group NV increased its stake 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 valued at $95,124,000 after purchasing an additional 3,664,098 shares during the period. Finally, Northern Trust Corp raised its holdings in shares of Annaly Capital Management by 90.6% in 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 buying an additional 3,606,366 shares during the last quarter. 51.56% of the stock is currently owned by hedge funds and other institutional investors.

Annaly Capital Management Stock Performance

Shares of Annaly Capital Management stock traded up $0.29 on Monday, reaching $19.52. 7,132,624 shares of the company were exchanged, compared to its average volume of 6,197,119. The company's 50-day moving average is $19.74 and its two-hundred day moving average is $19.76. The firm has a market cap of $11.66 billion, a price-to-earnings ratio of 12.27, a P/E/G 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.

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 EPS for the quarter, topping analysts' consensus estimates 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 company had revenue of $186.64 million for the quarter, compared to the consensus estimate of $418.04 million. As a group, sell-side analysts forecast that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current year.

Annaly Capital Management Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st were given a dividend of $0.70 per share. The ex-dividend date was Monday, March 31st. This is a positive change from Annaly Capital Management's previous quarterly dividend of $0.65. This represents a $2.80 dividend on an annualized basis and a dividend yield of 14.35%. Annaly Capital Management's payout ratio is 314.61%.

Wall Street Analyst Weigh In

NLY has been the subject of several recent research reports. Keefe, Bruyette & Woods increased their price target on Annaly Capital Management from $20.15 to $20.50 and gave the stock an "outperform" rating in a report on Friday, May 2nd. Jones Trading reiterated a "buy" rating and set a $21.00 price target on shares of Annaly Capital Management in a research note on Friday, May 2nd. JPMorgan Chase & Co. reduced their price objective on shares of Annaly Capital Management from $21.00 to $19.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. JMP Securities reaffirmed a "market perform" rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. Finally, Royal Bank of Canada reissued an "outperform" rating and set a $22.00 target price on shares of Annaly Capital Management in a research note on Monday, February 10th. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $21.10.

About Annaly Capital Management

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.