Siemens Fonds Invest GmbH Takes Position in Annaly Capital Management, Inc. (NYSE:NLY)

Siemens Fonds Invest GmbH bought a new position in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 68,334 shares of the real estate investment trust's stock, valued at approximately $1,251,000.

Several other hedge funds and other institutional investors have also modified their holdings of NLY. Vanguard Group Inc. raised its stake in Annaly Capital Management by 12.0% during the fourth quarter. Vanguard Group Inc. now owns 54,721,696 shares of the real estate investment trust's stock worth $1,001,407,000 after acquiring an additional 5,859,104 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Annaly Capital Management by 31.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 34,426,571 shares of the real estate investment trust's stock worth $630,007,000 after purchasing an additional 8,272,674 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of Annaly Capital Management by 0.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 18,099,719 shares of the real estate investment trust's stock worth $332,665,000 after purchasing an additional 109,655 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Annaly Capital Management by 9.4% during the 4th quarter. Geode Capital Management LLC now owns 9,453,133 shares of the real estate investment trust's stock worth $172,706,000 after purchasing an additional 814,917 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in Annaly Capital Management by 90.6% during the 4th quarter. Northern Trust Corp now owns 7,587,581 shares of the real estate investment trust's stock valued at $138,853,000 after purchasing an additional 3,606,366 shares during the last quarter. Institutional investors own 51.56% of the company's stock.

Annaly Capital Management Trading Up 0.9%

Shares of NYSE NLY opened at $19.89 on Friday. Annaly Capital Management, Inc. has a 1 year low of $16.60 and a 1 year high of $22.11. The firm's 50-day moving average is $19.55 and its 200-day moving average is $19.77. The firm has a market capitalization of $11.88 billion, a PE ratio of 12.51, 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 results on Wednesday, April 30th. The real estate investment trust reported $0.72 earnings per share for the quarter, beating analysts' consensus estimates of $0.71 by $0.01. The company had revenue of $186.64 million for the quarter, compared to the consensus estimate of $418.04 million. Annaly Capital Management had a return on equity of 14.95% and a net margin of 20.70%. As a group, equities research analysts anticipate that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current fiscal year.

Annaly Capital Management Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Monday, March 31st were given a $0.70 dividend. The ex-dividend date was Monday, March 31st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 14.08%. This is a boost from Annaly Capital Management's previous quarterly dividend of $0.65. Annaly Capital Management's dividend payout ratio is currently 314.61%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Piper Sandler decreased their price objective 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. JPMorgan Chase & Co. reduced their price objective on Annaly Capital Management from $21.00 to $19.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. JMP Securities restated a "market perform" rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. Keefe, Bruyette & Woods lifted their price target on Annaly Capital Management from $20.15 to $20.50 and gave the company an "outperform" rating in a report on Friday, May 2nd. Finally, Royal Bank of Canada reissued an "outperform" rating and set a $22.00 price objective on shares of Annaly Capital Management in a report on Monday, February 10th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, Annaly Capital Management currently has a consensus rating of "Moderate Buy" and an average price target 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.

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