Deutsche Bank AG Buys 79,687 Shares of Annaly Capital Management Inc (NYSE:NLY)

Deutsche Bank AG boosted its position in shares of Annaly Capital Management Inc (NYSE:NLY - Free Report) by 7.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,175,850 shares of the real estate investment trust's stock after buying an additional 79,687 shares during the quarter. Deutsche Bank AG owned 0.20% of Annaly Capital Management worth $23,882,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Inlight Wealth Management LLC acquired a new position in shares of Annaly Capital Management in the 1st quarter valued at $25,000. Financial Gravity Asset Management Inc. acquired a new position in shares of Annaly Capital Management in the 1st quarter valued at $28,000. Smallwood Wealth Investment Management LLC acquired a new position in shares of Annaly Capital Management in the 1st quarter valued at $36,000. MCF Advisors LLC boosted its position in shares of Annaly Capital Management by 1,087.1% in the 1st quarter. MCF Advisors LLC now owns 1,745 shares of the real estate investment trust's stock valued at $37,000 after purchasing an additional 1,598 shares during the period. Finally, Fourth Dimension Wealth LLC acquired a new position in shares of Annaly Capital Management in the 4th quarter valued at $39,000. Institutional investors own 51.56% of the company's stock.

Annaly Capital Management Price Performance

Shares of NLY remained flat at $20.83 during midday trading on Friday. The stock had a trading volume of 5,942,950 shares, compared to its average volume of 6,554,946. Annaly Capital Management Inc has a 52 week low of $16.59 and a 52 week high of $22.11. The business has a 50-day simple moving average of $19.87 and a 200 day simple moving average of $19.94. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.11 and a current ratio of 0.11. The firm has a market cap of $13.37 billion, a P/E ratio of 20.62, a price-to-earnings-growth ratio of 4.94 and a beta of 1.20.

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

Annaly Capital Management Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Monday, June 30th were paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 13.4%. The ex-dividend date of this dividend was Monday, June 30th. Annaly Capital Management's dividend payout ratio (DPR) is presently 277.23%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Piper Sandler decreased their price objective on Annaly Capital Management from $21.50 to $21.00 and set an "overweight" rating for the company in a research report on Friday, May 2nd. Royal Bank Of Canada decreased their price objective 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. UBS Group restated a "neutral" rating and set a $20.00 price objective (up from $18.00) on shares of Annaly Capital Management in a research report on Thursday, July 10th. Jones Trading restated a "buy" rating and set a $21.00 price objective on shares of Annaly Capital Management in a research report on Thursday, July 24th. Finally, Keefe, Bruyette & Woods raised their price objective on Annaly Capital Management from $20.50 to $21.50 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, Annaly Capital Management has an average rating of "Moderate Buy" and a consensus price target of $20.72.

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.