Annaly Capital Management, Inc. (NYSE:NLY) Shares Purchased by Dana Investment Advisors Inc.

Dana Investment Advisors Inc. lifted its holdings in Annaly Capital Management, Inc. (NYSE:NLY) by 1.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 184,700 shares of the real estate investment trust’s stock after purchasing an additional 2,285 shares during the period. Dana Investment Advisors Inc.’s holdings in Annaly Capital Management were worth $3,380,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Stratos Wealth Advisors LLC grew its holdings in shares of Annaly Capital Management by 93.1% in the fourth quarter. Stratos Wealth Advisors LLC now owns 275,559 shares of the real estate investment trust’s stock valued at $5,043,000 after purchasing an additional 132,891 shares in the last quarter. Wellington Management Group LLP lifted its stake in Annaly Capital Management by 9.9% in the third quarter. Wellington Management Group LLP now owns 537,125 shares of the real estate investment trust’s stock worth $10,780,000 after acquiring an additional 48,555 shares during the last quarter. Citigroup Inc. increased its position in shares of Annaly Capital Management by 22.6% in the 3rd quarter. Citigroup Inc. now owns 652,255 shares of the real estate investment trust’s stock valued at $13,091,000 after purchasing an additional 120,163 shares during the last quarter. Howard Financial Services LTD. purchased a new stake in shares of Annaly Capital Management during the 4th quarter worth $527,000. Finally, Tandem Financial LLC acquired a new position in shares of Annaly Capital Management during the fourth quarter worth $327,000. Institutional investors and hedge funds own 51.56% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. JPMorgan Chase & Co. lifted their price target on Annaly Capital Management from $19.00 to $21.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Royal Bank of Canada reaffirmed an “outperform” rating and set a $22.00 price target on shares of Annaly Capital Management in a report on Monday, February 10th. JMP Securities reaffirmed a “market perform” rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. Finally, 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. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $21.44.

Annaly Capital Management Stock Performance

NLY opened at $21.85 on Friday. The business’s 50-day simple moving average is $20.09 and its 200-day simple moving average is $19.91. Annaly Capital Management, Inc. has a one year low of $17.67 and a one year high of $22.05. The stock has a market capitalization of $12.63 billion, a P/E ratio of 13.74, a price-to-earnings-growth ratio of 4.89 and a beta of 1.53.

Annaly Capital Management (NYSE:NLY) last posted its earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 EPS for the quarter, topping 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 research analysts forecast that Annaly Capital Management, Inc. will post 2.81 EPS for the current fiscal year.

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.