Annaly Capital Management, Inc. (NYSE:NLY) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC boosted its position in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 38.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 367,234 shares of the real estate investment trust’s stock after buying an additional 101,977 shares during the quarter. SG Americas Securities LLC owned approximately 0.07% of Annaly Capital Management worth $6,720,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Armstrong Advisory Group Inc. raised its holdings in Annaly Capital Management by 6.6% in the 4th quarter. Armstrong Advisory Group Inc. now owns 9,121 shares of the real estate investment trust’s stock worth $167,000 after purchasing an additional 562 shares during the period. Fermata Advisors LLC increased its position in shares of Annaly Capital Management by 3.2% in the fourth quarter. Fermata Advisors LLC now owns 18,022 shares of the real estate investment trust’s stock valued at $330,000 after buying an additional 563 shares in the last quarter. Toth Financial Advisory Corp raised its stake in shares of Annaly Capital Management by 31.8% during the 3rd quarter. Toth Financial Advisory Corp now owns 2,390 shares of the real estate investment trust’s stock worth $48,000 after buying an additional 576 shares during the period. Wesbanco Bank Inc. lifted its position in shares of Annaly Capital Management by 2.8% during the 3rd quarter. Wesbanco Bank Inc. now owns 21,314 shares of the real estate investment trust’s stock valued at $428,000 after buying an additional 584 shares in the last quarter. Finally, UMB Bank n.a. grew its stake in Annaly Capital Management by 70.2% in the 3rd quarter. UMB Bank n.a. now owns 1,568 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 647 shares during the period. Hedge funds and other institutional investors own 51.56% of the company’s stock.

Annaly Capital Management Stock Performance

NYSE NLY opened at $19.49 on Friday. The stock’s fifty day moving average is $19.25 and its two-hundred day moving average is $19.69. The firm has a market capitalization of $10.92 billion, a P/E ratio of -278.39 and a beta of 1.51. Annaly Capital Management, Inc. has a fifty-two week low of $17.67 and a fifty-two week high of $21.11.

Annaly Capital Management (NYSE:NLY) last posted its earnings results on Wednesday, October 23rd. The real estate investment trust reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.67 by ($0.01). Annaly Capital Management had a net margin of 2.59% and a return on equity of 14.75%. The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $212.00 million. During the same quarter in the previous year, the firm earned $0.66 earnings per share. As a group, sell-side analysts forecast that Annaly Capital Management, Inc. will post 2.65 EPS for the current year.

Annaly Capital Management Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be issued a $0.65 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $2.60 annualized dividend and a dividend yield of 13.34%. Annaly Capital Management’s dividend payout ratio is currently -3,714.29%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Barclays initiated coverage on shares of Annaly Capital Management in a research report on Monday, January 6th. They issued an “equal weight” rating and a $19.00 target price on the stock. JMP Securities reiterated a “market perform” rating on shares of Annaly Capital Management in a report on Thursday. JPMorgan Chase & Co. reduced their target price on Annaly Capital Management from $20.00 to $19.00 and set an “overweight” rating for the company in a report on Tuesday. Finally, Argus raised Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research note on Thursday, October 31st. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $21.11.

Annaly Capital Management 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.