Rothschild Investment LLC Lowers Holdings in Annaly Capital Management, Inc. (NYSE:NLY)

Rothschild Investment LLC reduced its position in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 26.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 108,790 shares of the real estate investment trust’s stock after selling 38,630 shares during the quarter. Rothschild Investment LLC’s holdings in Annaly Capital Management were worth $1,991,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of NLY. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its position in shares of Annaly Capital Management by 87.9% during the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 139,796 shares of the real estate investment trust’s stock worth $2,558,000 after buying an additional 65,400 shares in the last quarter. Bell Bank lifted its stake in Annaly Capital Management by 21.8% in the fourth quarter. Bell Bank now owns 127,093 shares of the real estate investment trust’s stock worth $2,326,000 after acquiring an additional 22,776 shares during the period. Cordatus Wealth Management LLC bought a new position in Annaly Capital Management during the 4th quarter worth about $232,000. Wolverine Asset Management LLC purchased a new position in Annaly Capital Management during the 4th quarter valued at about $50,000. Finally, Handelsbanken Fonder AB raised its holdings in shares of Annaly Capital Management by 21.5% in the 4th quarter. Handelsbanken Fonder AB now owns 150,600 shares of the real estate investment trust’s stock valued at $2,756,000 after purchasing an additional 26,600 shares in the last quarter. 51.56% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on NLY. JPMorgan Chase & Co. increased their price objective on shares of Annaly Capital Management from $19.00 to $21.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Barclays initiated coverage on Annaly Capital Management in a research report on Monday, January 6th. They set an “equal weight” rating and a $19.00 target price on the stock. Argus raised Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a research report on Thursday, October 31st. JMP Securities reaffirmed 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 issued a $22.00 target price on shares of Annaly Capital Management in a research note on Monday, February 10th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $21.44.

Annaly Capital Management Stock Performance

Shares of NYSE NLY opened at $21.58 on Tuesday. Annaly Capital Management, Inc. has a fifty-two week low of $17.67 and a fifty-two week high of $21.88. The company has a market cap of $12.48 billion, a PE ratio of 13.57, a P/E/G ratio of 4.89 and a beta of 1.52. The business has a 50-day simple moving average of $19.67 and a two-hundred day simple moving average of $19.81.

Annaly Capital Management (NYSE:NLY) last announced its quarterly earnings data 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 net margin of 20.70% and a return on equity of 14.95%. On average, sell-side analysts predict that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current fiscal year.

Annaly Capital Management Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.65 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.60 annualized dividend and a dividend yield of 12.05%. Annaly Capital Management’s payout ratio is currently 163.52%.

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.