Values First Advisors Inc. Boosts Stake in Annaly Capital Management, Inc. (NYSE:NLY)

Values First Advisors Inc. grew its position in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 5.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,324 shares of the real estate investment trust’s stock after acquiring an additional 1,575 shares during the quarter. Values First Advisors Inc.’s holdings in Annaly Capital Management were worth $555,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of NLY. Armstrong Advisory Group Inc. raised its holdings in Annaly Capital Management by 6.6% in the fourth quarter. Armstrong Advisory Group Inc. now owns 9,121 shares of the real estate investment trust’s stock valued at $167,000 after buying an additional 562 shares during the period. Fermata Advisors LLC raised its stake in shares of Annaly Capital Management by 3.2% in the 4th quarter. Fermata Advisors LLC now owns 18,022 shares of the real estate investment trust’s stock valued at $330,000 after acquiring an additional 563 shares during the period. Toth Financial Advisory Corp lifted its holdings in shares of Annaly Capital Management by 31.8% during the 3rd quarter. Toth Financial Advisory Corp now owns 2,390 shares of the real estate investment trust’s stock valued at $48,000 after acquiring an additional 576 shares in the last quarter. Wesbanco Bank Inc. lifted its holdings in shares of Annaly Capital Management by 2.8% during the 3rd quarter. Wesbanco Bank Inc. now owns 21,314 shares of the real estate investment trust’s stock valued at $428,000 after acquiring an additional 584 shares in the last quarter. Finally, KG&L Capital Management LLC boosted its position in Annaly Capital Management by 2.0% during the 4th quarter. KG&L Capital Management LLC now owns 30,648 shares of the real estate investment trust’s stock worth $561,000 after purchasing an additional 600 shares during the period. 51.56% of the stock is owned by institutional investors and hedge funds.

Annaly Capital Management Stock Down 0.3 %

NLY stock opened at $20.69 on Thursday. The company has a market capitalization of $11.60 billion, a P/E ratio of 13.01, a PEG ratio of 4.66 and a beta of 1.52. The firm has a 50 day simple moving average of $19.41 and a 200-day simple moving average of $19.72. The company has a current ratio of 0.12, a quick ratio of 0.08 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 quarterly earnings data on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share for the quarter, topping 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, equities research analysts predict that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current fiscal year.

Annaly Capital Management Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were issued a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 12.57%. The ex-dividend date was Tuesday, December 31st. Annaly Capital Management’s dividend payout ratio is currently 163.52%.

Analysts Set New Price Targets

Several research firms have commented on NLY. 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. JPMorgan Chase & Co. raised their target price on Annaly Capital Management from $19.00 to $21.00 and gave the company an “overweight” rating in a report on Friday, January 31st. JMP Securities restated a “market perform” rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. Argus upgraded shares of Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a research note on Thursday, October 31st. Finally, Barclays started coverage on shares of Annaly Capital Management in a research note on Monday, January 6th. They issued an “equal weight” rating and a $19.00 target price for the company. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently 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.