Capital Fund Management S.A. boosted its position in Annaly Capital Management, Inc. (NYSE:NLY) by 2,685.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,889,734 shares of the real estate investment trust’s stock after acquiring an additional 1,821,879 shares during the period. Capital Fund Management S.A. owned 0.16% of Annaly Capital Management worth $22,469,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Salem Investment Counselors Inc. bought a new position in Annaly Capital Management in the third quarter worth approximately $100,000. Barrett Asset Management LLC bought a new position in Annaly Capital Management in the fourth quarter worth approximately $107,000. Advisory Services Network LLC boosted its holdings in Annaly Capital Management by 9.0% in the second quarter. Advisory Services Network LLC now owns 9,757 shares of the real estate investment trust’s stock worth $118,000 after acquiring an additional 806 shares in the last quarter. Wellington Shields Capital Management LLC bought a new position in Annaly Capital Management in the third quarter worth approximately $122,000. Finally, Staley Capital Advisers Inc. bought a new position in Annaly Capital Management in the third quarter worth approximately $126,000. Institutional investors and hedge funds own 55.49% of the company’s stock.
Annaly Capital Management, Inc. (NLY) opened at $10.38 on Thursday. Annaly Capital Management, Inc. has a fifty-two week low of $10.03 and a fifty-two week high of $12.73. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $12,117.22, a P/E ratio of 4.15, a PEG ratio of 1.93 and a beta of 0.05.
The business also recently announced a quarterly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Friday, December 29th were issued a $0.30 dividend. The ex-dividend date was Thursday, December 28th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 11.56%. Annaly Capital Management’s dividend payout ratio is presently 48.00%.
A number of research analysts have recently weighed in on NLY shares. ValuEngine lowered Annaly Capital Management from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 26th. Bank of America upgraded Annaly Capital Management from an “underperform” rating to a “neutral” rating in a report on Thursday, February 1st. Compass Point upgraded Annaly Capital Management from a “sell” rating to a “neutral” rating in a report on Tuesday. Finally, Zacks Investment Research lowered Annaly Capital Management from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Six research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Annaly Capital Management currently has an average rating of “Buy” and a consensus target price of $12.21.
In other Annaly Capital Management news, CFO Glenn Votek purchased 25,000 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The stock was bought at an average cost of $11.73 per share, with a total value of $293,250.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Wellington Denahan purchased 125,280 shares of the firm’s stock in a transaction that occurred on Thursday, December 7th. The shares were acquired at an average cost of $11.97 per share, with a total value of $1,499,601.60. Following the completion of the transaction, the chairman now directly owns 1,798,414 shares of the company’s stock, valued at approximately $21,527,015.58. The disclosure for this purchase can be found here. Company insiders own 0.43% of the company’s stock.
About Annaly Capital Management
Annaly Capital Management, Inc is a mortgage real estate investment trust (REIT). The Company owns a portfolio of real estate related investments. Its investment groups primarily consist of Agency, which invests primarily in various types of Agency mortgage-backed securities and related derivatives to hedge these investments; Residential credit, which invests primarily in non-Agency mortgage-backed assets within securitized products and residential mortgage loan markets; Commercial real estate, which originates and invests in commercial mortgage loans, securities, and other commercial real estate investments, and Middle market, which provides customized debt financing to middle-market businesses.
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