Universal Beteiligungs und Servicegesellschaft mbH Raises Stake in Annaly Capital Management Inc $NLY

Universal Beteiligungs und Servicegesellschaft mbH lifted its position in shares of Annaly Capital Management Inc (NYSE:NLY - Free Report) by 16.3% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 362,388 shares of the real estate investment trust's stock after buying an additional 50,691 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.05% of Annaly Capital Management worth $8,242,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. MCF Advisors LLC grew its stake in Annaly Capital Management by 41.6% in the 3rd quarter. MCF Advisors LLC now owns 1,688 shares of the real estate investment trust's stock worth $35,000 after acquiring an additional 496 shares during the period. Elevation Wealth Partners LLC purchased a new position in shares of Annaly Capital Management during the 4th quarter worth $39,000. Aventura Private Wealth LLC acquired a new stake in shares of Annaly Capital Management during the fourth quarter worth $39,000. Atlantic Union Bankshares Corp boosted its holdings in shares of Annaly Capital Management by 273.4% during the third quarter. Atlantic Union Bankshares Corp now owns 1,867 shares of the real estate investment trust's stock worth $38,000 after purchasing an additional 1,367 shares during the last quarter. Finally, AlphaQuest LLC purchased a new stake in shares of Annaly Capital Management in the third quarter valued at $45,000. Institutional investors and hedge funds own 51.56% of the company's stock.

Insider Activity

In related news, CFO Serena Wolfe sold 16,536 shares of the firm's stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $23.14, for a total value of $382,643.04. Following the transaction, the chief financial officer owned 173,081 shares in the company, valued at approximately $4,005,094.34. This trade represents a 8.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Steven Francis Campbell sold 28,225 shares of Annaly Capital Management stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $23.12, for a total transaction of $652,562.00. Following the transaction, the chief operating officer directly owned 204,491 shares in the company, valued at approximately $4,727,831.92. This trade represents a 12.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 71,252 shares of company stock worth $1,639,995 over the last ninety days. Corporate insiders own 0.22% of the company's stock.

Annaly Capital Management Trading Up 0.1%

Shares of NLY opened at $22.78 on Monday. The firm has a market capitalization of $16.36 billion, a P/E ratio of 7.69, a price-to-earnings-growth ratio of 6.99 and a beta of 1.23. The stock's fifty day simple moving average is $22.21 and its 200 day simple moving average is $22.34. Annaly Capital Management Inc has a twelve month low of $18.43 and a twelve month high of $24.52.

Annaly Capital Management (NYSE:NLY - Get Free Report) last issued its earnings results on Tuesday, April 21st. The real estate investment trust reported $0.76 earnings per share for the quarter, beating analysts' consensus estimates of $0.74 by $0.02. Annaly Capital Management had a return on equity of 15.92% and a net margin of 34.33%.The firm had revenue of $341.56 million for the quarter, compared to analysts' expectations of $595.27 million. Sell-side analysts predict that Annaly Capital Management Inc will post 2.96 earnings per share for the current year.

Annaly Capital Management Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st will be paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 12.3%. The ex-dividend date of this dividend is Tuesday, March 31st. Annaly Capital Management's payout ratio is currently 94.59%.

Analyst Ratings Changes

Several equities analysts recently commented on NLY shares. Weiss Ratings reiterated a "hold (c)" rating on shares of Annaly Capital Management in a research note on Wednesday, January 21st. Piper Sandler lowered their price target on Annaly Capital Management from $25.00 to $22.00 and set an "overweight" rating for the company in a report on Thursday, April 2nd. Wells Fargo & Company reaffirmed an "overweight" rating and set a $25.00 price objective (up from $23.00) on shares of Annaly Capital Management in a research note on Thursday, January 29th. Keefe, Bruyette & Woods increased their price objective on shares of Annaly Capital Management from $23.25 to $25.00 and gave the stock an "outperform" rating in a report on Friday, January 30th. Finally, Argus raised shares of Annaly Capital Management to a "strong-buy" rating in a research report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $24.22.

Annaly Capital Management Company Profile

Annaly Capital Management, Inc is a publicly traded real estate investment trust (REIT) that specializes in generating income through investment in mortgage-related assets. The company's core business activities include the acquisition, financing, and management of a diversified portfolio of agency and non-agency residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), and other real estate debt instruments. Annaly seeks to profit from the spread between the interest earned on its mortgage investments and its cost of funds, as well as from capital gains realized through active portfolio management.

Founded in 1997 and headquartered in New York City, Annaly has grown to become one of the largest mortgage REITs in the United States.

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