Annaly Capital Management, Inc. (NYSE:NLY) Shares Purchased by FWL Investment Management LLC

FWL Investment Management LLC lifted its holdings in shares of Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 225.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,579 shares of the real estate investment trust's stock after buying an additional 17,729 shares during the period. FWL Investment Management LLC's holdings in Annaly Capital Management were worth $468,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Blue Trust Inc. increased its holdings in shares of Annaly Capital Management by 78.5% during the fourth quarter. Blue Trust Inc. now owns 1,630 shares of the real estate investment trust's stock worth $33,000 after purchasing an additional 717 shares during the period. Assetmark Inc. acquired a new position in shares of Annaly Capital Management during the fourth quarter worth $31,000. Larson Financial Group LLC lifted its holdings in shares of Annaly Capital Management by 34.4% during the fourth quarter. Larson Financial Group LLC now owns 2,143 shares of the real estate investment trust's stock worth $39,000 after purchasing an additional 549 shares during the period. Smartleaf Asset Management LLC lifted its holdings in Annaly Capital Management by 29.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,425 shares of the real estate investment trust's stock valued at $45,000 after buying an additional 549 shares during the period. Finally, UMB Bank n.a. lifted its holdings in Annaly Capital Management by 65.7% in the fourth quarter. UMB Bank n.a. now owns 2,598 shares of the real estate investment trust's stock valued at $48,000 after buying an additional 1,030 shares during the period. 51.56% of the stock is owned by institutional investors.

Annaly Capital Management Stock Up 0.5%

NLY traded up $0.09 on Tuesday, reaching $19.58. 3,530,256 shares of the company traded hands, compared to its average volume of 8,147,309. Annaly Capital Management, Inc. has a one year low of $16.59 and a one year high of $22.11. The firm has a fifty day simple moving average of $19.69 and a two-hundred day simple moving average of $19.76. The company has a market cap of $11.70 billion, a P/E ratio of 12.31, a price-to-earnings-growth ratio of 4.89 and a beta of 1.25.

Annaly Capital Management (NYSE:NLY - Get Free Report) last posted its quarterly earnings data 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 20.70% and a return on equity of 14.95%. The firm had revenue of $186.64 million during the quarter, compared to analyst estimates of $418.04 million. On average, equities analysts forecast that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current year.

Annaly Capital Management Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st were given a $0.70 dividend. This is a positive change from Annaly Capital Management's previous quarterly dividend of $0.65. The ex-dividend date of this dividend was Monday, March 31st. This represents a $2.80 annualized dividend and a dividend yield of 14.30%. Annaly Capital Management's dividend payout ratio (DPR) is 314.61%.

Analyst Upgrades and Downgrades

NLY has been the subject of several research analyst reports. Jones Trading reaffirmed a "buy" rating and issued a $21.00 price target on shares of Annaly Capital Management in a research note on Friday, May 2nd. Piper Sandler dropped 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 research note on Friday, May 2nd. Keefe, Bruyette & Woods upped their price target on shares of Annaly Capital Management from $20.15 to $20.50 and gave the company an "outperform" rating in a research note on Friday, May 2nd. JMP Securities reaffirmed a "market perform" rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. Finally, JPMorgan Chase & Co. decreased their price target 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. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $21.10.

About Annaly Capital Management

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.