UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $86.22 Million Stock Position in Annaly Capital Management, Inc. (NYSE:NLY)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 18.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,711,288 shares of the real estate investment trust's stock after purchasing an additional 730,207 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.84% of Annaly Capital Management worth $86,217,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Waverly Advisors LLC acquired a new stake in shares of Annaly Capital Management in the fourth quarter valued at approximately $2,571,000. Tidal Investments LLC raised its position in shares of Annaly Capital Management by 9.0% during the 4th quarter. Tidal Investments LLC now owns 14,394 shares of the real estate investment trust's stock worth $263,000 after purchasing an additional 1,190 shares during the last quarter. Toronto Dominion Bank grew its holdings in shares of Annaly Capital Management by 12.8% during the fourth quarter. Toronto Dominion Bank now owns 72,338 shares of the real estate investment trust's stock worth $1,324,000 after buying an additional 8,212 shares in the last quarter. Siemens Fonds Invest GmbH purchased a new position in shares of Annaly Capital Management during the 4th quarter worth about $1,251,000. Finally, Royal Bank of Canada lifted its stake in shares of Annaly Capital Management by 18.6% in the 4th quarter. Royal Bank of Canada now owns 1,042,238 shares of the real estate investment trust's stock valued at $19,073,000 after purchasing an additional 163,155 shares in the last quarter. Hedge funds and other institutional investors own 51.56% of the company's stock.

Wall Street Analyst Weigh In

NLY has been the subject of a number of analyst reports. Keefe, Bruyette & Woods increased their price target on Annaly Capital Management from $20.15 to $20.50 and gave the company an "outperform" rating in a report on Friday, May 2nd. Jones Trading reaffirmed a "buy" rating and set a $21.00 target price on shares of Annaly Capital Management in a report on Friday, May 2nd. JPMorgan Chase & Co. cut their price target on Annaly Capital Management from $21.00 to $19.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. Royal Bank of Canada cut their target price on Annaly Capital Management from $22.00 to $21.00 and set an "outperform" rating on the stock in a research note on Tuesday. Finally, Piper Sandler reduced 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. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat, Annaly Capital Management currently has an average rating of "Moderate Buy" and an average target price of $21.00.

Annaly Capital Management Price Performance

NYSE:NLY traded up $0.08 during mid-day trading on Thursday, reaching $19.16. The stock had a trading volume of 9,371,427 shares, compared to its average volume of 6,390,826. Annaly Capital Management, Inc. has a fifty-two week low of $16.60 and a fifty-two week high of $22.11. The business's 50 day moving average is $19.15 and its 200 day moving average is $19.76. The stock has a market cap of $11.45 billion, a P/E ratio of 12.05, a PEG ratio of 4.89 and a beta of 1.25.

Annaly Capital Management (NYSE:NLY - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The real estate investment trust reported $0.72 EPS for the quarter, topping analysts' consensus estimates of $0.71 by $0.01. The firm had revenue of $186.64 million during the quarter, compared to analyst estimates of $418.04 million. Annaly Capital Management had a return on equity of 14.95% and a net margin of 20.70%. Equities analysts expect that Annaly Capital Management, Inc. will post 2.81 EPS for the current year.

Annaly Capital Management Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st were paid a dividend of $0.70 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 14.61%. This is a boost from Annaly Capital Management's previous quarterly dividend of $0.65. Annaly Capital Management's dividend payout ratio 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.