Oregon Public Employees Retirement Fund Has $2.09 Million Stake in Annaly Capital Management, Inc. (NYSE:NLY)

Oregon Public Employees Retirement Fund raised its position in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 12.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 114,102 shares of the real estate investment trust’s stock after acquiring an additional 12,604 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Annaly Capital Management were worth $2,088,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Avior Wealth Management LLC boosted its position in Annaly Capital Management by 209.9% during the third quarter. Avior Wealth Management LLC now owns 1,255 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 850 shares during the last quarter. Blue Trust Inc. boosted its position in 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 last quarter. UMB Bank n.a. boosted its position in Annaly Capital Management by 65.7% during the fourth quarter. UMB Bank n.a. now owns 2,598 shares of the real estate investment trust’s stock valued at $48,000 after acquiring an additional 1,030 shares during the last quarter. Wolverine Asset Management LLC bought a new stake in Annaly Capital Management during the fourth quarter valued at $50,000. Finally, Bartlett & CO. Wealth Management LLC boosted its position in Annaly Capital Management by 68.1% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 2,962 shares of the real estate investment trust’s stock valued at $56,000 after acquiring an additional 1,200 shares during the last quarter. Institutional investors own 51.56% of the company’s stock.

Annaly Capital Management Stock Performance

Shares of NYSE NLY opened at $21.97 on Friday. Annaly Capital Management, Inc. has a fifty-two week low of $17.67 and a fifty-two week high of $22.05. The stock has a market cap of $12.70 billion, a price-to-earnings ratio of 13.81, a PEG ratio of 4.89 and a beta of 1.52. The firm’s 50-day simple moving average is $19.89 and its 200 day simple moving average is $19.86.

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

Annaly Capital Management Announces Dividend

The firm 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 of this dividend was Tuesday, December 31st. This represents a $2.60 annualized dividend and a yield of 11.84%. Annaly Capital Management’s payout ratio is 163.52%.

Analyst Upgrades and Downgrades

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

About Annaly Capital Management

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.