Mn Services Vermogensbeheer B.V. Has $3.61 Million Stake in Annaly Capital Management Inc (NYSE:NLY)

Mn Services Vermogensbeheer B.V. decreased its stake in shares of Annaly Capital Management Inc (NYSE:NLY - Free Report) by 9.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 177,675 shares of the real estate investment trust's stock after selling 19,500 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in Annaly Capital Management were worth $3,609,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Jupiter Wealth Management LLC increased its position in Annaly Capital Management by 3.4% during the fourth quarter. Jupiter Wealth Management LLC now owns 15,035 shares of the real estate investment trust's stock worth $275,000 after acquiring an additional 492 shares during the period. Proffitt & Goodson Inc. increased its position in Annaly Capital Management by 1.0% during the fourth quarter. Proffitt & Goodson Inc. now owns 53,040 shares of the real estate investment trust's stock worth $971,000 after acquiring an additional 505 shares during the period. Cannell & Spears LLC increased its position in Annaly Capital Management by 1.3% during the fourth quarter. Cannell & Spears LLC now owns 41,268 shares of the real estate investment trust's stock worth $755,000 after acquiring an additional 518 shares during the period. LVZ Inc. increased its position in Annaly Capital Management by 2.7% during the fourth quarter. LVZ Inc. now owns 19,632 shares of the real estate investment trust's stock worth $359,000 after acquiring an additional 521 shares during the period. Finally, Smartleaf Asset Management LLC increased its position in Annaly Capital Management by 29.3% during the fourth 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 period. Institutional investors own 51.56% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Royal Bank Of Canada decreased their target price 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. Jones Trading reissued a "buy" rating and issued a $21.00 target price on shares of Annaly Capital Management in a report on Friday, May 2nd. JPMorgan Chase & Co. decreased their target price on shares of Annaly Capital Management from $21.00 to $19.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. 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 report on Friday, May 2nd. Finally, Piper Sandler decreased 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 report on Friday, May 2nd. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $21.00.

Annaly Capital Management Stock Performance

Shares of Annaly Capital Management stock traded down $0.05 during midday trading on Friday, hitting $19.13. 14,527,705 shares of the company traded hands, compared to its average volume of 6,702,195. The stock has a market cap of $11.43 billion, a price-to-earnings ratio of 21.50, a PEG ratio of 4.22 and a beta of 1.23. The firm's fifty day moving average price is $19.02 and its 200-day moving average price is $19.68. Annaly Capital Management Inc has a 12 month low of $16.60 and a 12 month high of $22.11.

Annaly Capital Management (NYSE:NLY - Get Free Report) last posted its earnings results on Wednesday, April 30th. The real estate investment trust reported $0.72 EPS 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 business had revenue of $186.64 million for the quarter, compared to the consensus estimate of $418.04 million. Equities research analysts forecast that Annaly Capital Management Inc will post 2.81 earnings per share for the current year.

Annaly Capital Management Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Monday, June 30th will be given a $0.70 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 14.63%. Annaly Capital Management's dividend payout ratio (DPR) is currently 314.61%.

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.