344,635 Shares in Annaly Capital Management, Inc. (NYSE:NLY) Purchased by Columbus Macro LLC

Columbus Macro LLC purchased a new stake in Annaly Capital Management, Inc. (NYSE:NLY) during the 4th quarter, Holdings Channel.com reports. The fund purchased 344,635 shares of the real estate investment trust’s stock, valued at approximately $6,307,000.

Several other institutional investors and hedge funds have also made changes to their positions in NLY. KBC Group NV increased its holdings in shares of Annaly Capital Management by 238.9% in the 4th quarter. KBC Group NV now owns 5,198,020 shares of the real estate investment trust’s stock valued at $95,124,000 after purchasing an additional 3,664,098 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Annaly Capital Management by 531.3% during the third 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 acquiring an additional 3,350,435 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in shares of Annaly Capital Management by 8.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 17,990,064 shares of the real estate investment trust’s stock worth $361,061,000 after buying an additional 1,342,056 shares in the last quarter. ORG Wealth Partners LLC raised its stake in Annaly Capital Management by 5,113.5% during the fourth quarter. ORG Wealth Partners LLC now owns 788,336 shares of the real estate investment trust’s stock worth $14,427,000 after acquiring an additional 773,215 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Annaly Capital Management by 21.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,057,037 shares of the real estate investment trust’s stock valued at $61,355,000 after purchasing an additional 541,869 shares in the last quarter. 51.56% of the stock is currently owned by hedge funds and other institutional investors.

Annaly Capital Management Stock Performance

NYSE NLY opened at $20.23 on Tuesday. The firm has a market cap of $11.34 billion, a price-to-earnings ratio of 12.72 and a beta of 1.52. The business has a 50-day moving average price of $19.29 and a 200-day moving average price of $19.69. The company has a quick ratio of 0.08, a current ratio of 0.12 and a debt-to-equity ratio of 0.22. 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 announced its earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share (EPS) for the quarter, beating 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%. As a group, equities research analysts predict that Annaly Capital Management, Inc. will post 2.72 EPS for the current fiscal year.

Annaly Capital Management Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were given a $0.65 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $2.60 dividend on an annualized basis and a yield of 12.85%. Annaly Capital Management’s dividend payout ratio (DPR) is presently 163.52%.

Wall Street Analysts Forecast Growth

NLY has been the topic of a number of recent analyst reports. Barclays started 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 on the stock. Royal Bank of Canada upped their price target on Annaly Capital Management from $21.00 to $22.00 and gave the company an “outperform” rating in a research note on Monday, January 27th. Argus upgraded shares of Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a report on Thursday, October 31st. JMP Securities reissued a “market perform” rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. Finally, JPMorgan Chase & Co. raised their price target on Annaly Capital Management from $19.00 to $21.00 and gave the stock an “overweight” rating in a research report on Friday. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, Annaly Capital Management has a consensus rating of “Moderate Buy” and a consensus price target of $21.44.

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.