Consolidated Portfolio Review Corp Invests $641,000 in Annaly Capital Management, Inc. (NYSE:NLY)

Consolidated Portfolio Review Corp purchased a new position in Annaly Capital Management, Inc. (NYSE:NLY) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 35,054 shares of the real estate investment trust’s stock, valued at approximately $641,000.

Several other institutional investors also recently added to or reduced their stakes in NLY. Creative Planning increased its position in shares of Annaly Capital Management by 34.9% during the second quarter. Creative Planning now owns 52,171 shares of the real estate investment trust’s stock worth $994,000 after acquiring an additional 13,510 shares during the period. Sanctuary Advisors LLC bought a new position in Annaly Capital Management in the second quarter worth approximately $205,000. CWM LLC increased its holdings in Annaly Capital Management by 156.7% during the 3rd quarter. CWM LLC now owns 19,909 shares of the real estate investment trust’s stock worth $400,000 after purchasing an additional 12,154 shares during the period. UMB Bank n.a. raised its position in Annaly Capital Management by 70.2% during 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 purchasing an additional 647 shares in the last quarter. Finally, LifePro Asset Management grew its position in shares of Annaly Capital Management by 5.5% during the 3rd quarter. LifePro Asset Management now owns 139,479 shares of the real estate investment trust’s stock worth $2,799,000 after buying an additional 7,322 shares in the last quarter. Hedge funds and other institutional investors own 51.56% of the company’s stock.

Annaly Capital Management Stock Performance

Shares of NLY opened at $20.50 on Friday. The company has a current ratio of 0.12, a quick ratio of 0.08 and a debt-to-equity ratio of 0.22. The firm has a market cap of $11.49 billion, a PE ratio of 12.90 and a beta of 1.52. Annaly Capital Management, Inc. has a 12 month low of $17.67 and a 12 month high of $21.11. The stock has a fifty day moving average price of $19.35 and a 200-day moving average price of $19.71.

Annaly Capital Management (NYSE:NLY) last released its quarterly earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.05. Annaly Capital Management had a return on equity of 14.95% and a net margin of 20.70%. Equities research analysts predict that Annaly Capital Management, Inc. will post 2.72 earnings per share for the current fiscal year.

Annaly Capital Management Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were paid a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 12.68%. The ex-dividend date was Tuesday, December 31st. Annaly Capital Management’s dividend payout ratio (DPR) is presently 163.52%.

Analyst Ratings Changes

NLY has been the subject of several recent research reports. Royal Bank of Canada lifted their price objective on Annaly Capital Management from $21.00 to $22.00 and gave the company an “outperform” rating in a report on Monday, January 27th. JPMorgan Chase & Co. boosted their price target on shares of Annaly Capital Management from $19.00 to $21.00 and gave the company an “overweight” rating in a report on Friday, January 31st. Argus upgraded shares of Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a research note on Thursday, October 31st. Barclays began coverage on shares of 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. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $21.44.

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.