Annaly Capital Management, Inc. (NYSE:NLY) Shares Purchased by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC raised its position in Annaly Capital Management, Inc. (NYSE:NLY) by 93.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 275,559 shares of the real estate investment trust’s stock after acquiring an additional 132,891 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Annaly Capital Management were worth $5,043,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Wellington Management Group LLP increased its holdings in Annaly Capital Management by 9.9% during the 3rd quarter. Wellington Management Group LLP now owns 537,125 shares of the real estate investment trust’s stock worth $10,780,000 after purchasing an additional 48,555 shares during the period. Citigroup Inc. increased its stake in shares of Annaly Capital Management by 22.6% during the third quarter. Citigroup Inc. now owns 652,255 shares of the real estate investment trust’s stock worth $13,091,000 after buying an additional 120,163 shares during the period. Howard Financial Services LTD. acquired a new stake in Annaly Capital Management in the fourth quarter valued at approximately $527,000. SG Americas Securities LLC lifted its stake in Annaly Capital Management by 38.4% in the fourth quarter. SG Americas Securities LLC now owns 367,234 shares of the real estate investment trust’s stock worth $6,720,000 after acquiring an additional 101,977 shares during the last quarter. Finally, Invst LLC acquired a new position in Annaly Capital Management during the 3rd quarter worth approximately $741,000. Institutional investors and hedge funds own 51.56% of the company’s stock.

Annaly Capital Management Stock Performance

Shares of NLY opened at $20.48 on Wednesday. The company’s 50 day simple moving average is $19.31 and its 200-day simple moving average is $19.69. The firm has a market cap of $11.48 billion, a PE ratio of 12.88 and a beta of 1.52. Annaly Capital Management, Inc. has a 12-month low of $17.67 and a 12-month high of $21.11. 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 (NYSE:NLY) last issued its quarterly earnings data on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share (EPS) 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%. As a group, equities analysts predict that Annaly Capital Management, Inc. will post 2.72 EPS for the current year.

Annaly Capital Management Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were given a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 12.69%. The ex-dividend date of this dividend was Tuesday, December 31st. Annaly Capital Management’s dividend payout ratio (DPR) is presently 163.52%.

Wall Street Analysts Forecast Growth

NLY has been the subject of several recent analyst reports. Royal Bank of Canada lifted their price objective 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 Annaly Capital Management in a report on Monday, January 6th. They set an “equal weight” rating and a $19.00 price target for the company. JMP Securities reaffirmed a “market perform” rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. Argus raised Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a research report on Thursday, October 31st. Finally, JPMorgan Chase & Co. upped their price target on Annaly Capital Management from $19.00 to $21.00 and gave the company an “overweight” rating in a report on Friday, January 31st. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price 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.