Clear Creek Financial Management LLC Grows Position in Annaly Capital Management, Inc. (NYSE:NLY)

Clear Creek Financial Management LLC boosted its stake in Annaly Capital Management, Inc. (NYSE:NLY) by 10.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,278 shares of the real estate investment trust’s stock after buying an additional 2,553 shares during the period. Clear Creek Financial Management LLC’s holdings in Annaly Capital Management were worth $481,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Avior Wealth Management LLC raised its stake in shares of Annaly Capital Management by 209.9% in the 3rd quarter. Avior Wealth Management LLC now owns 1,255 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 850 shares during the period. UMB Bank n.a. increased its holdings in Annaly Capital Management by 70.2% in the 3rd quarter. UMB Bank n.a. now owns 1,568 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 647 shares during the last quarter. Blue Trust Inc. raised its position 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 purchasing an additional 717 shares during the period. Quarry LP acquired a new position in Annaly Capital Management during the second quarter worth $36,000. Finally, Toth Financial Advisory Corp boosted its position in shares of Annaly Capital Management by 31.8% during the third quarter. Toth Financial Advisory Corp now owns 2,390 shares of the real estate investment trust’s stock worth $48,000 after buying an additional 576 shares during the period. Institutional investors and hedge funds own 51.56% of the company’s stock.

Annaly Capital Management Trading Down 0.4 %

Annaly Capital Management stock opened at $20.39 on Monday. The company has a fifty day simple moving average of $19.29 and a 200-day simple moving average of $19.69. The stock has a market cap of $11.43 billion, a P/E ratio of 12.82 and a beta of 1.51. Annaly Capital Management, Inc. has a 12-month low of $17.67 and a 12-month high of $21.11.

Annaly Capital Management (NYSE:NLY) last announced its quarterly earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.05. Annaly Capital Management had a return on equity of 15.30% and a net margin of 20.70%. As a group, sell-side analysts forecast that Annaly Capital Management, Inc. will post 2.71 earnings per share for the current fiscal year.

Annaly Capital Management Dividend Announcement

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. This represents a $2.60 dividend on an annualized basis and a yield of 12.75%. The ex-dividend date was Tuesday, December 31st. Annaly Capital Management’s dividend payout ratio (DPR) is 163.52%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on NLY shares. JMP Securities reissued a “market perform” rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. Royal Bank of Canada increased their price target on shares of Annaly Capital Management from $21.00 to $22.00 and gave the stock an “outperform” rating in a research report on Monday, January 27th. Barclays assumed coverage on shares of Annaly Capital Management in a report on Monday, January 6th. They issued an “equal weight” rating and a $19.00 price objective for the company. Argus upgraded shares of Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a report on Thursday, October 31st. Finally, JPMorgan Chase & Co. boosted 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. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average 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.