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Annaly Capital Management Inc $NLY Holdings Increased by Amundi

Annaly Capital Management logo with Finance background

Amundi raised its stake in shares of Annaly Capital Management Inc (NYSE:NLY - Free Report) by 6.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 829,198 shares of the real estate investment trust's stock after buying an additional 53,838 shares during the quarter. Amundi owned about 0.14% of Annaly Capital Management worth $16,277,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in NLY. Deutsche Bank AG lifted its holdings in Annaly Capital Management by 9.3% in the 4th quarter. Deutsche Bank AG now owns 1,096,163 shares of the real estate investment trust's stock valued at $20,060,000 after purchasing an additional 93,708 shares in the last quarter. Ethic Inc. boosted its holdings in shares of Annaly Capital Management by 2.9% during the fourth quarter. Ethic Inc. now owns 54,048 shares of the real estate investment trust's stock worth $989,000 after purchasing an additional 1,544 shares during the last quarter. Ensign Peak Advisors Inc grew its position in shares of Annaly Capital Management by 6.4% in the fourth quarter. Ensign Peak Advisors Inc now owns 185,686 shares of the real estate investment trust's stock valued at $3,398,000 after purchasing an additional 11,250 shares during the period. Focus Partners Wealth lifted its position in Annaly Capital Management by 68.4% during the fourth quarter. Focus Partners Wealth now owns 18,148 shares of the real estate investment trust's stock worth $333,000 after buying an additional 7,371 shares during the period. Finally, Investment Management Corp of Ontario boosted its stake in Annaly Capital Management by 556.9% in the 4th quarter. Investment Management Corp of Ontario now owns 109,310 shares of the real estate investment trust's stock worth $2,000,000 after buying an additional 92,670 shares during the last quarter. 51.56% of the stock is currently owned by hedge funds and other institutional investors.

Annaly Capital Management Stock Down 0.6%

NYSE NLY traded down $0.13 during mid-day trading on Friday, reaching $22.03. 4,037,408 shares of the company's stock traded hands, compared to its average volume of 7,680,524. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.21. Annaly Capital Management Inc has a 1-year low of $16.59 and a 1-year high of $22.45. The company has a fifty day simple moving average of $20.67 and a 200-day simple moving average of $20.00. The company has a market cap of $14.14 billion, a price-to-earnings ratio of 21.81, a P/E/G ratio of 5.24 and a beta of 1.24.

Annaly Capital Management (NYSE:NLY - Get Free Report) last released its earnings results on Wednesday, July 23rd. The real estate investment trust reported $0.73 EPS for the quarter, beating the consensus estimate of $0.72 by $0.01. The company had revenue of $273.20 million during the quarter, compared to analysts' expectations of $237.00 million. Annaly Capital Management had a return on equity of 15.53% and a net margin of 13.76%. As a group, equities research analysts expect that Annaly Capital Management Inc will post 2.81 EPS for the current year.

Annaly Capital Management Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $2.80 annualized dividend and a dividend yield of 12.7%. Annaly Capital Management's dividend payout ratio (DPR) is presently 277.23%.

Analyst Ratings Changes

Several research analysts have recently weighed in on NLY shares. Jones Trading reiterated a "buy" rating and set a $21.00 price objective on shares of Annaly Capital Management in a report on Thursday, July 24th. Keefe, Bruyette & Woods boosted their price objective on shares of Annaly Capital Management from $20.50 to $21.50 and gave the company an "outperform" rating in a research note on Friday, July 25th. UBS Group upped their price objective on Annaly Capital Management from $20.00 to $21.00 and gave the stock a "neutral" rating in a report on Wednesday, September 3rd. Royal Bank Of Canada lowered their price target on Annaly Capital Management from $22.00 to $21.00 and set an "outperform" rating for the company in a research report on Tuesday, May 27th. Finally, Zacks Research downgraded Annaly Capital Management from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Seven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, Annaly Capital Management currently has a consensus rating of "Moderate Buy" and a consensus target price of $20.83.

View Our Latest Stock Analysis on Annaly Capital Management

Annaly Capital Management Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Annaly Capital Management (NYSE:NLY)

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