Annaly Capital Management, Inc. (NYSE:NLY) Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. lowered its position in Annaly Capital Management, Inc. (NYSE:NLY) by 0.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 316,800 shares of the real estate investment trust’s stock after selling 700 shares during the period. D.A. Davidson & CO. owned approximately 0.06% of Annaly Capital Management worth $5,797,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of NLY. Armstrong Advisory Group Inc. grew its holdings in Annaly Capital Management by 6.6% during 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 during the last quarter. Fermata Advisors LLC grew its holdings in Annaly Capital Management by 3.2% during the 4th 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 during the last quarter. KG&L Capital Management LLC grew its holdings in Annaly Capital Management by 2.0% during the 4th quarter. KG&L Capital Management LLC now owns 30,648 shares of the real estate investment trust’s stock valued at $561,000 after buying an additional 600 shares during the last quarter. Hollencrest Capital Management grew its holdings in Annaly Capital Management by 6.3% during the 3rd quarter. Hollencrest Capital Management now owns 12,058 shares of the real estate investment trust’s stock valued at $242,000 after buying an additional 710 shares during the last quarter. Finally, Blue Trust Inc. grew its holdings in Annaly Capital Management by 78.5% during the 4th quarter. Blue Trust Inc. now owns 1,630 shares of the real estate investment trust’s stock valued at $33,000 after buying an additional 717 shares during the last quarter. Institutional investors and hedge funds own 51.56% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on NLY. Barclays began coverage on Annaly Capital Management in a report on Monday, January 6th. They set 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, January 23rd. Royal Bank of Canada reiterated an “outperform” rating and set a $22.00 target price on shares of Annaly Capital Management in a report on Monday, February 10th. JPMorgan Chase & Co. increased their price target on Annaly Capital Management from $19.00 to $21.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. 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 research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, Annaly Capital Management presently has an average rating of “Moderate Buy” and a consensus price target of $21.44.

Annaly Capital Management Trading Up 0.6 %

Shares of NLY opened at $21.55 on Thursday. The firm has a market capitalization of $12.46 billion, a P/E ratio of 13.55, a price-to-earnings-growth ratio of 4.78 and a beta of 1.52. The stock’s fifty day simple moving average is $19.55 and its 200 day simple moving average is $19.77. Annaly Capital Management, Inc. has a twelve month low of $17.67 and a twelve month high of $21.59.

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

Annaly Capital Management Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were given a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 12.07%. The ex-dividend date was Tuesday, December 31st. Annaly Capital Management’s dividend payout ratio (DPR) is currently 163.52%.

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.