LVZ Inc. Purchases 521 Shares of Annaly Capital Management, Inc. (NYSE:NLY)

LVZ Inc. raised its position in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 2.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,632 shares of the real estate investment trust’s stock after acquiring an additional 521 shares during the period. LVZ Inc.’s holdings in Annaly Capital Management were worth $359,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Avior Wealth Management LLC raised its position in shares of Annaly Capital Management by 209.9% during the third quarter. Avior Wealth Management LLC now owns 1,255 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 850 shares during the last quarter. Assetmark Inc. acquired a new position in Annaly Capital Management in the 4th quarter valued at approximately $31,000. Blue Trust Inc. lifted its position in shares of Annaly Capital Management by 78.5% in 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 during the period. Smartleaf Asset Management LLC grew its holdings in shares of Annaly Capital Management by 29.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,425 shares of the real estate investment trust’s stock worth $45,000 after purchasing an additional 549 shares in the last quarter. Finally, UMB Bank n.a. increased its position in shares of Annaly Capital Management by 65.7% during the fourth quarter. UMB Bank n.a. now owns 2,598 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 1,030 shares during the period. 51.56% of the stock is currently owned by institutional investors.

Annaly Capital Management Price Performance

NLY stock opened at $21.43 on Wednesday. The business has a fifty day moving average price of $19.99 and a 200 day moving average price of $19.89. Annaly Capital Management, Inc. has a fifty-two week low of $17.67 and a fifty-two week high of $22.05. The stock has a market capitalization of $12.39 billion, a price-to-earnings ratio of 13.47, a P/E/G ratio of 4.89 and a beta of 1.53.

Annaly Capital Management (NYSE:NLY) last announced its earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates 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, equities 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. Stockholders of record on Tuesday, December 31st were given a dividend of $0.65 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 12.14%. Annaly Capital Management’s payout ratio is 163.52%.

Analyst Ratings Changes

NLY has been the topic of a number of recent research reports. JMP Securities reiterated a “market perform” rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. 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 note on Friday, January 31st. Royal Bank of Canada restated an “outperform” rating and set a $22.00 price target on shares of Annaly Capital Management in a research note on Monday, February 10th. Finally, Barclays assumed coverage on Annaly Capital Management in a research note on Monday, January 6th. They issued an “equal weight” rating and a $19.00 price objective on the stock. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $21.44.

About Annaly Capital Management

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.