45,140 Shares in Annaly Capital Management, Inc. (NYSE:NLY) Bought by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC purchased a new position in shares of Annaly Capital Management, Inc. (NYSE:NLY - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 45,140 shares of the real estate investment trust's stock, valued at approximately $874,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Selway Asset Management purchased a new position in Annaly Capital Management during the third quarter worth $26,000. GAMMA Investing LLC purchased a new stake in Annaly Capital Management during the 4th quarter worth about $33,000. Central Bank & Trust Co. acquired a new position in Annaly Capital Management in the 4th quarter valued at about $34,000. NBC Securities Inc. purchased a new position in Annaly Capital Management in the 3rd quarter valued at about $38,000. Finally, Livforsakringsbolaget Skandia Omsesidigt boosted its stake in shares of Annaly Capital Management by 470.8% during the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,403 shares of the real estate investment trust's stock worth $48,000 after purchasing an additional 1,982 shares during the last quarter. 51.56% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on NLY shares. Compass Point initiated coverage on shares of Annaly Capital Management in a research report on Tuesday, April 2nd. They issued a "buy" rating and a $22.00 price objective for the company. JMP Securities restated a "market perform" rating on shares of Annaly Capital Management in a report on Thursday, April 18th. Royal Bank of Canada reiterated an "outperform" rating and issued a $21.00 target price on shares of Annaly Capital Management in a research note on Monday, February 12th. Keefe, Bruyette & Woods reissued an "outperform" rating and issued a $21.50 price target on shares of Annaly Capital Management in a research note on Wednesday, March 27th. Finally, Jonestrading reaffirmed a "buy" rating and set a $21.00 price target on shares of Annaly Capital Management in a research note on Thursday, April 25th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $21.08.

Insider Buying and Selling at Annaly Capital Management

In related news, CEO David L. Finkelstein sold 50,000 shares of the stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $19.03, for a total value of $951,500.00. Following the completion of the transaction, the chief executive officer now owns 662,469 shares of the company's stock, valued at $12,606,785.07. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.21% of the stock is currently owned by corporate insiders.

Annaly Capital Management Stock Up 0.7 %

Annaly Capital Management stock traded up $0.13 during trading on Friday, reaching $19.97. 2,248,094 shares of the company's stock were exchanged, compared to its average volume of 3,562,632. The company's 50-day moving average is $19.20 and its two-hundred day moving average is $18.75. The company has a debt-to-equity ratio of 1.58, a quick ratio of 1.16 and a current ratio of 1.16. Annaly Capital Management, Inc. has a 52-week low of $14.52 and a 52-week high of $21.07. The firm has a market cap of $9.99 billion, a price-to-earnings ratio of -20.46 and a beta of 1.54.

Annaly Capital Management (NYSE:NLY - Get Free Report) last released its quarterly earnings results on Thursday, April 25th. The real estate investment trust reported $0.64 earnings per share for the quarter, hitting analysts' consensus estimates of $0.64. The firm had revenue of $1.09 billion during the quarter, compared to analysts' expectations of $320.00 million. Annaly Capital Management had a positive return on equity of 15.13% and a negative net margin of 8.38%. During the same quarter in the prior year, the business earned $0.81 EPS. On average, analysts predict that Annaly Capital Management, Inc. will post 2.62 earnings per share for the current year.

Annaly Capital Management Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Thursday, March 28th were issued a $0.65 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $2.60 dividend on an annualized basis and a yield of 13.02%. Annaly Capital Management's dividend payout ratio is currently -268.04%.

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.