12,675 Shares in Annaly Capital Management, Inc. (NYSE:NLY) Acquired by Cordatus Wealth Management LLC

Cordatus Wealth Management LLC acquired a new position in Annaly Capital Management, Inc. (NYSE:NLY) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 12,675 shares of the real estate investment trust’s stock, valued at approximately $232,000.

Several other institutional investors have also recently bought and sold shares of NLY. KBC Group NV raised its position in Annaly Capital Management by 238.9% in the 4th quarter. KBC Group NV now owns 5,198,020 shares of the real estate investment trust’s stock worth $95,124,000 after purchasing an additional 3,664,098 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Annaly Capital Management by 531.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,981,081 shares of the real estate investment trust’s stock worth $79,900,000 after purchasing an additional 3,350,435 shares during the last quarter. ORG Wealth Partners LLC raised its position in Annaly Capital Management by 5,113.5% in the 4th quarter. ORG Wealth Partners LLC now owns 788,336 shares of the real estate investment trust’s stock worth $14,427,000 after purchasing an additional 773,215 shares during the last quarter. JPMorgan Chase & Co. raised its position in Annaly Capital Management by 21.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,057,037 shares of the real estate investment trust’s stock worth $61,355,000 after purchasing an additional 541,869 shares during the last quarter. Finally, Mediolanum International Funds Ltd bought a new position in Annaly Capital Management in the 4th quarter worth approximately $8,170,000. Institutional investors own 51.56% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on NLY. JPMorgan Chase & Co. upped their target price on shares of Annaly Capital Management from $19.00 to $21.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. Barclays began coverage on shares of Annaly Capital Management in a research report on Monday, January 6th. They set an “equal weight” rating and a $19.00 target price 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 for the company in a research report on Thursday, October 31st. JMP Securities reiterated a “market perform” rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $22.00 target price on shares of Annaly Capital Management in a research report on Monday, February 10th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, Annaly Capital Management presently has an average rating of “Moderate Buy” and a consensus target price of $21.44.

Annaly Capital Management Stock Up 0.7 %

NLY opened at $21.71 on Friday. Annaly Capital Management, Inc. has a 12 month low of $17.67 and a 12 month high of $21.73. The company has a fifty day simple moving average of $19.59 and a 200 day simple moving average of $19.78. The stock has a market cap of $12.55 billion, a P/E ratio of 13.65, a P/E/G ratio of 4.85 and a beta of 1.52.

Annaly Capital Management (NYSE:NLY) last released its quarterly earnings data on Wednesday, January 29th. The real estate investment trust reported $0.72 EPS for the quarter, beating analysts’ consensus estimates 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 expect that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current fiscal year.

Annaly Capital Management Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were paid a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 11.98%. The ex-dividend date of this dividend was Tuesday, December 31st. Annaly Capital Management’s payout ratio is presently 163.52%.

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.