Annaly Capital Management, Inc. (NYSE:NLY) Shares Purchased by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC boosted its holdings in Annaly Capital Management, Inc. (NYSE:NLY) by 9.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 296,105 shares of the real estate investment trust’s stock after acquiring an additional 25,329 shares during the period. Mutual of America Capital Management LLC’s holdings in Annaly Capital Management were worth $5,419,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in NLY. KBC Group NV grew its stake in 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 acquiring an additional 3,664,098 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in 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 valued at $79,900,000 after acquiring an additional 3,350,435 shares during the last quarter. PL Capital Advisors LLC boosted its stake in shares of Annaly Capital Management by 1,730.0% during 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 purchasing an additional 2,640,032 shares during the last quarter. ORG Wealth Partners LLC boosted its stake in shares of Annaly Capital Management by 5,113.5% during 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 purchasing an additional 773,215 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Annaly Capital Management by 21.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,057,037 shares of the real estate investment trust’s stock worth $61,355,000 after purchasing an additional 541,869 shares during the last quarter. 51.56% of the stock is owned by institutional investors and hedge funds.

Annaly Capital Management Stock Performance

NLY opened at $21.61 on Tuesday. The company’s 50 day simple moving average is $19.94 and its 200 day simple moving average is $19.88. Annaly Capital Management, Inc. has a 1 year low of $17.67 and a 1 year high of $22.05. The stock has a market capitalization of $12.50 billion, a PE ratio of 13.59, a P/E/G ratio of 4.89 and a beta of 1.52.

Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 EPS 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%. As a group, sell-side analysts expect that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current fiscal 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 issued 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 12.03%. Annaly Capital Management’s payout ratio is 163.52%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. JMP Securities reaffirmed a “market perform” rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. JPMorgan Chase & Co. raised 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. Barclays assumed coverage on shares of Annaly Capital Management in a research note on Monday, January 6th. They set an “equal weight” rating and a $19.00 price target on the stock. Finally, 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. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average 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.