13,502 Shares in Annaly Capital Management Inc $NLY Bought by Roman Butler Fullerton & Co.

Key Points

• Roman Butler Fullerton & Co. has acquired 13,502 shares of Annaly Capital Management Inc, valued at approximately $281,000, marking a new position for the investment firm in the second quarter.
• Institutional investors, including Goldman Sachs and Vanguard Group, have significantly increased their stakes, with a total of 51.56% of the company now owned by institutional investors and hedge funds.
• Analysts have varied opinions on Annaly's stock, with recent upgrades raising the price targets and a consensus rating of "Hold", while the current average target price stands at $21.63.

Roman Butler Fullerton & Co. bought a new position in shares of Annaly Capital Management Inc (NYSE:NLY - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,502 shares of the real estate investment trust's stock, valued at approximately $281,000.

Several other large investors have also added to or reduced their stakes in NLY. Kingstone Capital Partners Texas LLC acquired a new position in Annaly Capital Management during the second quarter worth $100,216,000. Goldman Sachs Group Inc. boosted its holdings in Annaly Capital Management by 833.6% during the first quarter. Goldman Sachs Group Inc. now owns 2,920,617 shares of the real estate investment trust's stock worth $59,318,000 after purchasing an additional 2,607,784 shares during the last quarter. Nuveen LLC acquired a new position in Annaly Capital Management during the first quarter worth $37,580,000. Vanguard Group Inc. boosted its holdings in Annaly Capital Management by 3.0% during the first quarter. Vanguard Group Inc. now owns 56,356,579 shares of the real estate investment trust's stock worth $1,144,602,000 after purchasing an additional 1,634,883 shares during the last quarter. Finally, Great Lakes Advisors LLC acquired a new position in Annaly Capital Management during the first quarter worth $16,500,000. Institutional investors and hedge funds own 51.56% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. UBS Group increased their target price on shares of Annaly Capital Management from $20.00 to $21.00 and gave the stock a "neutral" rating in a report on Wednesday, September 3rd. JPMorgan Chase & Co. upped their price target on shares of Annaly Capital Management from $21.00 to $22.00 and gave the stock an "overweight" rating in a research report on Monday. Barclays set a $20.00 price target on shares of Annaly Capital Management and gave the stock a "cautious" rating in a research report on Monday, October 6th. Royal Bank Of Canada upped their price target on shares of Annaly Capital Management from $21.00 to $23.00 and gave the stock an "outperform" rating in a research report on Monday, September 15th. Finally, Zacks Research lowered shares of Annaly Capital Management from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 19th. Six analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $21.63.

Annaly Capital Management Price Performance

NYSE:NLY opened at $20.93 on Friday. Annaly Capital Management Inc has a one year low of $16.59 and a one year high of $22.45. The company has a market cap of $13.44 billion, a P/E ratio of 9.69, a P/E/G ratio of 5.04 and a beta of 1.25. The firm's fifty day moving average price is $21.13 and its two-hundred day moving average price is $19.97. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.11 and a quick ratio of 0.11.

Annaly Capital Management (NYSE:NLY - Get Free Report) last released its quarterly earnings data on Wednesday, October 22nd. The real estate investment trust reported $0.73 EPS for the quarter, beating the consensus estimate of $0.72 by $0.01. Annaly Capital Management had a net margin of 26.68% and a return on equity of 16.53%. The firm had revenue of $885.58 million for the quarter, compared to the consensus estimate of $493.55 million. Equities analysts expect that Annaly Capital Management Inc will post 2.81 earnings per share for the current year.

Annaly Capital Management Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 13.4%. The ex-dividend date is Tuesday, September 30th. Annaly Capital Management's payout ratio is currently 277.23%.

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.

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