Swiss National Bank Boosts Stock Holdings in Annaly Capital Management, Inc. (NYSE:NLY)

Swiss National Bank boosted its stake in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 2.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,520,400 shares of the real estate investment trust’s stock after buying an additional 38,700 shares during the period. Swiss National Bank’s holdings in Annaly Capital Management were worth $27,823,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of NLY. KBC Group NV grew its stake in Annaly Capital Management by 238.9% during the fourth quarter. KBC Group NV now owns 5,198,020 shares of the real estate investment trust’s stock valued at $95,124,000 after acquiring an additional 3,664,098 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Annaly Capital Management by 531.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,981,081 shares of the real estate investment trust’s stock worth $79,900,000 after buying an additional 3,350,435 shares in the last quarter. PL Capital Advisors LLC grew its stake in shares of Annaly Capital Management by 1,730.0% in the 4th quarter. PL Capital Advisors LLC now owns 2,792,635 shares of the real estate investment trust’s stock worth $51,105,000 after buying an additional 2,640,032 shares in the last quarter. ORG Wealth Partners LLC grew its stake in shares of Annaly Capital Management by 5,113.5% in the 4th quarter. ORG Wealth Partners LLC now owns 788,336 shares of the real estate investment trust’s stock worth $14,427,000 after buying an additional 773,215 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of Annaly Capital Management in the 4th quarter worth $12,676,000. 51.56% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. JMP Securities reissued a “market perform” rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. Barclays initiated 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. Royal Bank of Canada reaffirmed an “outperform” rating and set a $22.00 price target on shares of Annaly Capital Management in a research note on Monday, February 10th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Annaly Capital Management from $19.00 to $21.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, Annaly Capital Management has a consensus rating of “Moderate Buy” and an average price target of $21.44.

Annaly Capital Management Trading Up 1.1 %

NLY stock opened at $21.85 on Tuesday. Annaly Capital Management, Inc. has a 12 month low of $17.67 and a 12 month high of $22.11. The company has a 50-day moving average price of $20.48 and a 200 day moving average price of $19.97. The stock has a market cap of $12.63 billion, a PE ratio of 13.74, a P/E/G ratio of 4.89 and a beta of 1.53.

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

Annaly Capital Management Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be issued a dividend of $0.70 per share. This is a positive change from Annaly Capital Management’s previous quarterly dividend of $0.65. The ex-dividend date is Monday, March 31st. This represents a $2.80 dividend on an annualized basis and a yield of 12.82%. Annaly Capital Management’s dividend payout ratio (DPR) is presently 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.