285,301 Shares in Annaly Capital Management Inc (NYSE:NLY) Purchased by Universal Beteiligungs und Servicegesellschaft mbH

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH invested approximately $5.79 million in Annaly Capital Management, purchasing 285,301 shares in the first quarter.
• Analysts have mixed ratings for Annaly Capital Management, with a current average target price of $20.72 and seven analysts issuing a buy rating.
• Annaly Capital Management is set to pay a quarterly dividend of $0.70 per share on July 31, representing an annual yield of 13.44%.

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Annaly Capital Management Inc (NYSE:NLY - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 285,301 shares of the real estate investment trust's stock, valued at approximately $5,794,000.

Several other large investors have also recently bought and sold shares of the business. Inlight Wealth Management LLC purchased a new position in shares of Annaly Capital Management during the first quarter worth about $25,000. Financial Gravity Asset Management Inc. purchased a new position in shares of Annaly Capital Management during the first quarter worth about $28,000. Smallwood Wealth Investment Management LLC acquired a new stake in shares of Annaly Capital Management during the first quarter worth about $36,000. Fourth Dimension Wealth LLC acquired a new stake in shares of Annaly Capital Management during the fourth quarter worth about $39,000. Finally, Redmont Wealth Advisors LLC acquired a new stake in shares of Annaly Capital Management during the first quarter worth about $60,000. Hedge funds and other institutional investors own 51.56% of the company's stock.

Analysts Set New Price Targets

NLY has been the subject of several recent research reports. Piper Sandler decreased their target price on shares of Annaly Capital Management from $21.50 to $21.00 and set an "overweight" rating for the company in a research note on Friday, May 2nd. Jones Trading restated a "buy" rating and issued a $21.00 price objective on shares of Annaly Capital Management in a research report on Thursday. Royal Bank Of Canada decreased their price target on Annaly Capital Management from $22.00 to $21.00 and set an "outperform" rating on the stock in a research note on Tuesday, May 27th. UBS Group reissued a "neutral" rating and set a $20.00 price target (up previously from $18.00) on shares of Annaly Capital Management in a research note on Thursday, July 10th. Finally, Keefe, Bruyette & Woods boosted their price target on Annaly Capital Management from $20.50 to $21.50 and gave the stock an "outperform" rating in a research note on Friday. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Annaly Capital Management currently has a consensus rating of "Moderate Buy" and an average target price of $20.72.

Annaly Capital Management Trading Down 0.8%

Shares of NYSE NLY traded down $0.16 during trading on Monday, hitting $20.70. 6,455,441 shares of the company traded hands, compared to its average volume of 6,900,233. Annaly Capital Management Inc has a 1 year low of $16.59 and a 1 year high of $22.11. The company has a 50-day moving average price of $19.40 and a 200-day moving average price of $19.80. The firm has a market capitalization of $12.37 billion, a P/E ratio of 20.50, a P/E/G ratio of 4.58 and a beta of 1.22. The company has a quick ratio of 0.10, a current ratio of 0.11 and a debt-to-equity ratio of 0.21.

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

Annaly Capital Management Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders 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 yield of 13.53%. Annaly Capital Management's payout ratio is currently 277.23%.

Annaly Capital Management 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.