Annaly Capital Management, Inc. (NYSE:NLY) Stock Holdings Increased by Perigon Wealth Management LLC

Perigon Wealth Management LLC lifted its holdings in Annaly Capital Management, Inc. (NYSE:NLY) by 8.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 46,421 shares of the real estate investment trust’s stock after purchasing an additional 3,770 shares during the quarter. Perigon Wealth Management LLC’s holdings in Annaly Capital Management were worth $889,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of NLY. Avior Wealth Management LLC grew its position in Annaly Capital Management by 209.9% in the 3rd quarter. Avior Wealth Management LLC now owns 1,255 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 850 shares in the last quarter. UMB Bank n.a. boosted its holdings in shares of Annaly Capital Management by 70.2% in the third 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 in the last quarter. Blue Trust Inc. increased its stake in shares of Annaly Capital Management by 78.5% during the fourth quarter. Blue Trust Inc. now owns 1,630 shares of the real estate investment trust’s stock valued at $33,000 after acquiring an additional 717 shares during the period. Quarry LP bought a new stake in Annaly Capital Management during the second quarter worth approximately $36,000. Finally, Toth Financial Advisory Corp lifted its position in Annaly Capital Management by 31.8% in the third quarter. Toth Financial Advisory Corp now owns 2,390 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 576 shares during the period. 51.56% of the stock is owned by institutional investors and hedge funds.

Annaly Capital Management Stock Up 3.3 %

NLY opened at $20.42 on Friday. Annaly Capital Management, Inc. has a 12-month low of $17.67 and a 12-month high of $21.11. The firm has a market capitalization of $11.45 billion, a P/E ratio of -291.69 and a beta of 1.51. The stock has a fifty day moving average of $19.27 and a 200-day moving average of $19.70.

Annaly Capital Management (NYSE:NLY) last announced its quarterly earnings data on Wednesday, January 29th. The real estate investment trust reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.05. Annaly Capital Management had a return on equity of 14.75% and a net margin of 2.59%. On average, analysts expect that Annaly Capital Management, Inc. will post 2.65 earnings per share for the current fiscal year.

Annaly Capital Management Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be given a $0.65 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $2.60 dividend on an annualized basis and a yield of 12.73%. Annaly Capital Management’s payout ratio is -3,714.29%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on NLY shares. Royal Bank of Canada lifted their price target on Annaly Capital Management from $21.00 to $22.00 and gave the company an “outperform” rating in a research report on Monday. JMP Securities reiterated a “market perform” rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. Barclays assumed coverage on shares of Annaly Capital Management in a research report on Monday, January 6th. They set an “equal weight” rating and a $19.00 price objective for the company. JPMorgan Chase & Co. cut their target price on shares of Annaly Capital Management from $20.00 to $19.00 and set an “overweight” rating for the company in a research note on Tuesday, January 21st. Finally, Argus upgraded shares of Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research report on Thursday, October 31st. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, Annaly Capital Management presently has a consensus rating of “Moderate Buy” and a consensus target price of $21.22.

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.