XTX Topco Ltd Invests $1.60 Million in Annaly Capital Management, Inc. (NYSE:NLY)

XTX Topco Ltd 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 (SEC). The institutional investor purchased 87,656 shares of the real estate investment trust's stock, valued at approximately $1,604,000.

A number of other large investors also recently bought and sold shares of NLY. Stratos Wealth Advisors LLC grew its holdings in shares of Annaly Capital Management by 93.1% during the 4th quarter. Stratos Wealth Advisors LLC now owns 275,559 shares of the real estate investment trust's stock worth $5,043,000 after purchasing an additional 132,891 shares during the period. Wellington Management Group LLP lifted its position in Annaly Capital Management by 9.9% during the third quarter. Wellington Management Group LLP now owns 537,125 shares of the real estate investment trust's stock valued at $10,780,000 after buying an additional 48,555 shares in the last quarter. Howard Financial Services LTD. purchased a new stake in Annaly Capital Management during the fourth quarter worth approximately $527,000. Tandem Financial LLC acquired a new stake in shares of Annaly Capital Management in the fourth quarter worth $327,000. Finally, Wernau Asset Management Inc. purchased a new position in shares of Annaly Capital Management in the 4th quarter valued at $229,000. Hedge funds and other institutional investors own 51.56% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on NLY shares. JPMorgan Chase & Co. decreased their price target on shares of Annaly Capital Management from $21.00 to $19.00 and set an "overweight" rating for the company in a research report on Wednesday. Royal Bank of Canada reiterated an "outperform" rating and issued a $22.00 target price on shares of Annaly Capital Management in a research note on Monday, February 10th. JMP Securities reissued a "market perform" rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. Keefe, Bruyette & Woods lowered their price objective on shares of Annaly Capital Management from $21.00 to $20.15 and set an "outperform" rating for the company in a research report on Tuesday, April 8th. Finally, Barclays started coverage on shares of Annaly Capital Management in a research report on Monday, January 6th. They set an "equal weight" rating and a $19.00 target price on the stock. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, Annaly Capital Management has a consensus rating of "Moderate Buy" and a consensus price target of $21.07.

Annaly Capital Management Trading Up 1.5 %

NYSE NLY traded up $0.27 during trading hours on Friday, reaching $17.90. 6,901,621 shares of the company traded hands, compared to its average volume of 5,976,023. The stock has a market capitalization of $10.69 billion, a PE ratio of 11.25, a PEG ratio of 4.89 and a beta of 1.31. Annaly Capital Management, Inc. has a 12 month low of $16.60 and a 12 month high of $22.11. The company has a 50 day moving average of $20.46 and a two-hundred day moving average of $19.84.

Annaly Capital Management (NYSE:NLY - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 EPS for the quarter, topping the consensus estimate of $0.67 by $0.05. Annaly Capital Management had a net margin of 20.70% and a return on equity of 14.95%. On average, equities research analysts anticipate that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current year.

Annaly Capital Management Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 15.65%. This is an increase from Annaly Capital Management's previous quarterly dividend of $0.65. The ex-dividend date is Monday, March 31st. Annaly Capital Management's payout ratio is 176.10%.

Annaly Capital Management Company Profile

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.