Swiss National Bank lowered its position in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 3.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,539,700 shares of the real estate investment trust's stock after selling 48,900 shares during the period. Swiss National Bank owned about 0.31% of Annaly Capital Management worth $29,824,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of NLY. Selway Asset Management purchased a new position in shares of Annaly Capital Management during the third quarter worth approximately $26,000. GAMMA Investing LLC purchased a new stake in shares of Annaly Capital Management during the fourth quarter worth about $33,000. Central Bank & Trust Co. purchased a new stake in shares of Annaly Capital Management during the fourth quarter worth about $34,000. NBC Securities Inc. acquired a new position in Annaly Capital Management during the third quarter worth about $38,000. Finally, Livforsakringsbolaget Skandia Omsesidigt grew its stake in shares of Annaly Capital Management by 470.8% in the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,403 shares of the real estate investment trust's stock valued at $48,000 after buying an additional 1,982 shares during the period. Institutional investors own 51.56% of the company's stock.
Annaly Capital Management Price Performance
NLY traded up $0.16 on Thursday, reaching $19.85. The company had a trading volume of 2,192,138 shares, compared to its average volume of 3,576,989. The company has a fifty day moving average of $19.19 and a 200-day moving average of $18.74. The company has a market capitalization of $9.93 billion, a P/E ratio of -20.29 and a beta of 1.54. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.58. Annaly Capital Management, Inc. has a one year low of $14.52 and a one year high of $21.07.
Annaly Capital Management (NYSE:NLY - Get Free Report) last posted its quarterly earnings data on Thursday, April 25th. The real estate investment trust reported $0.64 EPS for the quarter, meeting analysts' consensus estimates of $0.64. Annaly Capital Management had a negative net margin of 8.38% and a positive return on equity of 15.13%. The company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $320.00 million. During the same period in the prior year, the firm earned $0.81 earnings per share. As a group, equities research analysts anticipate that Annaly Capital Management, Inc. will post 2.62 earnings per share for the current year.
Annaly Capital Management Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Thursday, March 28th were issued a dividend of $0.65 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $2.60 annualized dividend and a yield of 13.10%. Annaly Capital Management's dividend payout ratio (DPR) is presently -268.04%.
Wall Street Analyst Weigh In
NLY has been the topic of a number of research reports. Jonestrading reiterated a "buy" rating and set a $21.00 target price on shares of Annaly Capital Management in a report on Thursday, April 25th. JMP Securities reaffirmed a "market perform" rating on shares of Annaly Capital Management in a report on Thursday, April 18th. StockNews.com upgraded shares of Annaly Capital Management from a "sell" rating to a "hold" rating in a research note on Saturday, January 27th. Compass Point initiated coverage on shares of Annaly Capital Management in a research report on Tuesday, April 2nd. They set a "buy" rating and a $22.00 target price for the company. Finally, Keefe, Bruyette & Woods restated an "outperform" rating and set a $21.50 target price on shares of Annaly Capital Management in a research report on Wednesday, March 27th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Annaly Capital Management presently has an average rating of "Moderate Buy" and an average price target of $21.08.
Check Out Our Latest Report on Annaly Capital Management
Insider Buying and Selling at Annaly Capital Management
In other news, CEO David L. Finkelstein sold 50,000 shares of the firm's stock in a transaction on Monday, February 12th. The shares were sold at an average price of $19.03, for a total value of $951,500.00. Following the sale, the chief executive officer now owns 662,469 shares in the company, valued at $12,606,785.07. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.21% of the company's stock.
About Annaly Capital Management
(
Free Report)
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.
Recommended Stories
Before you consider Annaly Capital Management, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Annaly Capital Management wasn't on the list.
While Annaly Capital Management currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
