Achmea Investment Management B.V. Purchases 25,252 Shares of Annaly Capital Management Inc (NYSE:NLY)

Achmea Investment Management B.V. lifted its position in Annaly Capital Management Inc (NYSE:NLY - Free Report) by 50.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 75,522 shares of the real estate investment trust's stock after purchasing an additional 25,252 shares during the quarter. Achmea Investment Management B.V.'s holdings in Annaly Capital Management were worth $1,534,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in NLY. Inlight Wealth Management LLC bought a new stake in shares of Annaly Capital Management in the 1st quarter worth about $25,000. Assetmark Inc. bought a new stake in Annaly Capital Management during the 4th quarter worth about $31,000. Larson Financial Group LLC grew its holdings in Annaly Capital Management by 34.4% during the 4th quarter. Larson Financial Group LLC now owns 2,143 shares of the real estate investment trust's stock worth $39,000 after acquiring an additional 549 shares during the last quarter. Fourth Dimension Wealth LLC bought a new stake in Annaly Capital Management during the 4th quarter worth about $39,000. Finally, Smartleaf Asset Management LLC grew its holdings in Annaly Capital Management by 29.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,425 shares of the real estate investment trust's stock worth $45,000 after acquiring an additional 549 shares during the last quarter. Institutional investors own 51.56% of the company's stock.

Annaly Capital Management Stock Down 0.1%

Shares of NLY opened at $19.44 on Friday. The stock has a market capitalization of $11.61 billion, a P/E ratio of 21.84, a P/E/G ratio of 4.28 and a beta of 1.23. Annaly Capital Management Inc has a twelve month low of $16.60 and a twelve month high of $22.11. The company has a 50 day moving average of $19.17 and a 200-day moving average of $19.67.

Annaly Capital Management (NYSE:NLY - Get Free Report) last issued its quarterly earnings results 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 13.10% and a return on equity of 15.31%. The company had revenue of $186.64 million during the quarter, compared to analysts' expectations of $418.04 million. On average, sell-side analysts anticipate that Annaly Capital Management Inc will post 2.81 earnings per share for the current fiscal year.

Annaly Capital Management Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Monday, June 30th will be paid a $0.70 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $2.80 annualized dividend and a dividend yield of 14.41%. Annaly Capital Management's dividend payout ratio is presently 314.61%.

Analysts Set New Price Targets

NLY has been the topic of a number of research analyst reports. Jones Trading reissued a "buy" rating and set a $21.00 price objective on shares of Annaly Capital Management in a report on Friday, May 2nd. Royal Bank Of Canada decreased their price objective on shares of Annaly Capital Management from $22.00 to $21.00 and set an "outperform" rating on the stock in a report on Tuesday, May 27th. Keefe, Bruyette & Woods raised their target price on shares of Annaly Capital Management from $20.15 to $20.50 and gave the company an "outperform" rating in a research note on Friday, May 2nd. Piper Sandler reduced their target price on shares of Annaly Capital Management from $21.50 to $21.00 and set an "overweight" rating on the stock in a research note on Friday, May 2nd. Finally, 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 research report on Wednesday, April 16th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Annaly Capital Management currently has an average rating of "Moderate Buy" and an average target price of $21.00.

Annaly Capital Management 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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