Annaly Capital Management, Inc. (NYSE:NLY) Shares Sold by Andra AP fonden

Andra AP fonden lessened its holdings in Annaly Capital Management, Inc. (NYSE:NLY) by 36.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 18,891 shares of the real estate investment trust’s stock after selling 10,709 shares during the quarter. Andra AP fonden’s holdings in Annaly Capital Management were worth $346,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC boosted its holdings in Annaly Capital Management by 0.6% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 18,099,719 shares of the real estate investment trust’s stock worth $332,665,000 after acquiring an additional 109,655 shares in the last quarter. State Street Corp boosted its holdings in Annaly Capital Management by 1.3% in the third quarter. State Street Corp now owns 17,400,024 shares of the real estate investment trust’s stock worth $360,296,000 after acquiring an additional 223,294 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Annaly Capital Management by 2.9% in the third quarter. Geode Capital Management LLC now owns 8,638,216 shares of the real estate investment trust’s stock worth $172,988,000 after purchasing an additional 241,465 shares during the last quarter. KBC Group NV raised its stake in shares of Annaly Capital Management by 238.9% in the fourth 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. Finally, Bank of New York Mellon Corp raised its stake in shares of Annaly Capital Management by 8.8% in the fourth quarter. Bank of New York Mellon Corp now owns 4,040,958 shares of the real estate investment trust’s stock worth $73,950,000 after purchasing an additional 325,542 shares during the last quarter. Institutional investors and hedge funds own 51.56% of the company’s stock.

Annaly Capital Management Trading Up 2.5 %

Shares of NLY stock opened at $21.85 on Monday. The stock has a 50 day moving average of $20.14 and a 200 day moving average of $19.92. The stock has a market cap of $12.63 billion, a P/E ratio of 13.74, a P/E/G ratio of 4.89 and a beta of 1.53. Annaly Capital Management, Inc. has a twelve month low of $17.67 and a twelve month high of $22.05.

Annaly Capital Management (NYSE:NLY) last announced its quarterly earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share for the quarter, beating the consensus estimate 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, research analysts predict that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on NLY. Barclays began 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 for the company. JPMorgan Chase & Co. raised their price objective on Annaly Capital Management from $19.00 to $21.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. Royal Bank of Canada restated an “outperform” rating and issued a $22.00 price objective on shares of Annaly Capital Management in a research note on Monday, February 10th. Finally, JMP Securities restated a “market perform” rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target 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.