Vista Investment Partners II LLC purchased a new stake in Annaly Capital Management, Inc. (NYSE:NLY – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 26,664 shares of the real estate investment trust’s stock, valued at approximately $488,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Avior Wealth Management LLC grew its stake in shares of Annaly Capital Management by 209.9% during the 3rd quarter. Avior Wealth Management LLC now owns 1,255 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 850 shares during the period. Assetmark Inc. purchased a new position in Annaly Capital Management in the fourth quarter valued at about $31,000. Blue Trust Inc. boosted its stake in shares of Annaly Capital Management by 78.5% during the 4th quarter. Blue Trust Inc. now owns 1,630 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 717 shares in the last quarter. Larson Financial Group LLC boosted its position in Annaly Capital Management by 34.4% during the fourth quarter. Larson Financial Group LLC now owns 2,143 shares of the real estate investment trust’s stock worth $39,000 after purchasing an additional 549 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in Annaly Capital Management by 29.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,425 shares of the real estate investment trust’s stock valued at $45,000 after purchasing an additional 549 shares during the last quarter. Institutional investors and hedge funds own 51.56% of the company’s stock.
Analysts Set New Price Targets
Several research firms recently commented on NLY. JMP Securities reiterated a “market perform” rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. Royal Bank of Canada reiterated an “outperform” rating and issued a $22.00 price target on shares of Annaly Capital Management in a research report on Monday, February 10th. JPMorgan Chase & Co. lifted their price objective on 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, Barclays started coverage on Annaly Capital Management in a report on Monday, January 6th. They set an “equal weight” rating and a $19.00 target price on the stock. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, Annaly Capital Management currently has a consensus rating of “Moderate Buy” and an average price target of $21.44.
Annaly Capital Management Stock Up 2.5 %
Annaly Capital Management stock opened at $21.85 on Monday. Annaly Capital Management, Inc. has a 52-week low of $17.67 and a 52-week high of $22.05. The firm has a market capitalization of $12.63 billion, a P/E ratio of 13.74, a PEG ratio of 4.89 and a beta of 1.53. The firm has a fifty day moving average of $20.14 and a 200-day moving average of $19.92.
Annaly Capital Management (NYSE:NLY – Get Free Report) last announced its 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 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 fiscal year.
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.
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