Nomura Asset Management Co. Ltd. Has $2.84 Million Holdings in Annaly Capital Management, Inc. (NYSE:NLY)

Nomura Asset Management Co. Ltd. decreased its holdings in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 4.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 155,292 shares of the real estate investment trust’s stock after selling 6,800 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Annaly Capital Management were worth $2,842,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in NLY. Assetmark Inc. acquired a new stake in shares of Annaly Capital Management in the 4th quarter valued at approximately $31,000. Blue Trust Inc. lifted its stake in Annaly Capital Management by 78.5% in 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. Larson Financial Group LLC grew its position in shares of Annaly Capital Management by 34.4% in the 4th quarter. Larson Financial Group LLC now owns 2,143 shares of the real estate investment trust’s stock valued at $39,000 after acquiring an additional 549 shares during the period. Smartleaf Asset Management LLC increased its stake in shares of Annaly Capital Management by 29.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,425 shares of the real estate investment trust’s stock worth $45,000 after purchasing an additional 549 shares during the last quarter. Finally, UMB Bank n.a. raised its holdings in shares of Annaly Capital Management by 65.7% in the 4th quarter. UMB Bank n.a. now owns 2,598 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 1,030 shares during the period. Institutional investors own 51.56% of the company’s stock.

Annaly Capital Management Stock Up 0.2 %

Shares of NYSE:NLY opened at $20.13 on Thursday. Annaly Capital Management, Inc. has a 12-month low of $17.67 and a 12-month high of $22.11. The company’s 50 day moving average price is $21.04 and its two-hundred day moving average price is $20.05. The firm has a market cap of $11.64 billion, a PE ratio of 12.66, a PEG ratio of 4.89 and a beta of 1.31.

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 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%. On average, research analysts expect that Annaly Capital Management, Inc. will post 2.81 EPS for the current year.

Annaly Capital Management Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be issued a $0.70 dividend. This is a positive change from Annaly Capital Management’s previous quarterly dividend of $0.65. This represents a $2.80 annualized dividend and a yield of 13.91%. The ex-dividend date of this dividend is Monday, March 31st. Annaly Capital Management’s dividend payout ratio (DPR) is currently 176.10%.

Wall Street Analyst Weigh In

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

Annaly Capital Management 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.