Siemens Fonds Invest GmbH Makes New $1.25 Million Investment in Annaly Capital Management, Inc. (NYSE:NLY)

Siemens Fonds Invest GmbH bought a new stake in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 68,334 shares of the real estate investment trust's stock, valued at approximately $1,251,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of NLY. Stratos Wealth Advisors LLC boosted its position in shares of Annaly Capital Management by 93.1% during the fourth quarter. Stratos Wealth Advisors LLC now owns 275,559 shares of the real estate investment trust's stock worth $5,043,000 after buying an additional 132,891 shares during the period. Tandem Financial LLC acquired a new position in shares of Annaly Capital Management during the fourth quarter worth approximately $327,000. Wernau Asset Management Inc. acquired a new position in shares of Annaly Capital Management during the fourth quarter worth approximately $229,000. Charles Schwab Investment Management Inc. boosted its position in shares of Annaly Capital Management by 12.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,612,278 shares of the real estate investment trust's stock worth $66,105,000 after buying an additional 393,581 shares during the period. Finally, Bayesian Capital Management LP acquired a new position in shares of Annaly Capital Management during the fourth quarter worth approximately $730,000. 51.56% of the stock is currently owned by institutional investors and hedge funds.

Annaly Capital Management Stock Performance

Shares of NYSE NLY traded down $0.22 during trading on Friday, hitting $18.96. The company had a trading volume of 18,871,415 shares, compared to its average volume of 6,476,816. The company has a market cap of $11.33 billion, a P/E ratio of 11.92, a PEG ratio of 4.89 and a beta of 1.25. Annaly Capital Management, Inc. has a 52 week low of $16.60 and a 52 week high of $22.11. The business's 50-day moving average is $19.05 and its 200 day moving average is $19.75.

Annaly Capital Management (NYSE:NLY - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The real estate investment trust reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.01. The company had revenue of $186.64 million for the quarter, compared to analysts' expectations of $418.04 million. Annaly Capital Management had a return on equity of 14.95% and a net margin of 20.70%. On average, research analysts expect that Annaly Capital Management, Inc. will post 2.81 EPS for the current year.

Annaly Capital Management Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st were given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 14.77%. This is a boost from Annaly Capital Management's previous quarterly dividend of $0.65. The ex-dividend date was Monday, March 31st. Annaly Capital Management's payout ratio is presently 314.61%.

Wall Street Analysts Forecast Growth

NLY has been the subject of several analyst reports. JPMorgan Chase & Co. reduced their price objective on Annaly Capital Management from $21.00 to $19.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Royal Bank of Canada reduced 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. Piper Sandler dropped their target price on Annaly Capital Management from $21.50 to $21.00 and set an "overweight" rating on the stock in a report on Friday, May 2nd. Keefe, Bruyette & Woods boosted their target price on Annaly Capital Management from $20.15 to $20.50 and gave the stock an "outperform" rating in a report on Friday, May 2nd. Finally, Jones Trading reissued a "buy" rating and set a $21.00 target price on shares of Annaly Capital Management in a report on Friday, May 2nd. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, Annaly Capital Management currently has a consensus rating of "Moderate Buy" and a consensus price target of $21.00.

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.