Toth Financial Advisory Corp Has $91,000 Position in Annaly Capital Management, Inc. (NYSE:NLY)

Toth Financial Advisory Corp raised its position in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 108.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 4,990 shares of the real estate investment trust’s stock after purchasing an additional 2,600 shares during the quarter. Toth Financial Advisory Corp’s holdings in Annaly Capital Management were worth $91,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Armstrong Advisory Group Inc. increased its position 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 valued at $167,000 after buying an additional 562 shares in the last quarter. Fermata Advisors LLC increased its holdings in shares of Annaly Capital Management by 3.2% during the fourth quarter. Fermata Advisors LLC now owns 18,022 shares of the real estate investment trust’s stock valued at $330,000 after acquiring an additional 563 shares in the last quarter. Wesbanco Bank Inc. raised its position in shares of Annaly Capital Management by 2.8% during the third quarter. Wesbanco Bank Inc. now owns 21,314 shares of the real estate investment trust’s stock worth $428,000 after purchasing an additional 584 shares during the period. UMB Bank n.a. lifted its holdings in shares of 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 worth $31,000 after purchasing an additional 647 shares in the last quarter. Finally, First Citizens Bank & Trust Co. grew its position in Annaly Capital Management by 5.3% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 13,006 shares of the real estate investment trust’s stock valued at $261,000 after purchasing an additional 653 shares during the period. 51.56% of the stock is owned by institutional investors.

Annaly Capital Management Stock Up 0.7 %

Shares of NYSE NLY opened at $19.49 on Friday. The company has a market capitalization of $10.92 billion, a PE ratio of -278.39 and a beta of 1.51. The stock’s 50 day moving average price is $19.25 and its 200-day moving average price is $19.70. Annaly Capital Management, Inc. has a twelve month low of $17.67 and a twelve month high of $21.11.

Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings data 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 return on equity of 14.75% and a net margin of 2.59%. The business had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $212.00 million. During the same period in the prior year, the firm posted $0.66 EPS. As a group, research analysts expect that Annaly Capital Management, Inc. will post 2.65 EPS for the current fiscal year.

Annaly Capital Management Dividend Announcement

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

Analyst Ratings Changes

Several research analysts have weighed in on NLY shares. JPMorgan Chase & Co. lowered their price objective on shares of Annaly Capital Management from $20.00 to $19.00 and set an “overweight” rating on the stock in a report on Tuesday, January 21st. JMP Securities reaffirmed a “market perform” rating on shares of Annaly Capital Management in a research report on Thursday. Argus upgraded Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a research note on Thursday, October 31st. Finally, Barclays initiated coverage on Annaly Capital Management in a research note on Monday, January 6th. They issued an “equal weight” rating and a $19.00 price objective for the company. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, Annaly Capital Management currently has a consensus rating of “Moderate Buy” and an average 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.