B. Metzler seel. Sohn & Co. Holding AG Purchases New Position in Annaly Capital Management, Inc. (NYSE:NLY)

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of Annaly Capital Management, Inc. (NYSE:NLY) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 15,405 shares of the real estate investment trust’s stock, valued at approximately $309,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. UniSuper Management Pty Ltd raised its position in Annaly Capital Management by 118.8% in the 1st quarter. UniSuper Management Pty Ltd now owns 7,000 shares of the real estate investment trust’s stock valued at $138,000 after purchasing an additional 3,800 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Annaly Capital Management by 52.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 425,420 shares of the real estate investment trust’s stock worth $8,377,000 after buying an additional 145,887 shares during the period. Bayesian Capital Management LP purchased a new position in shares of Annaly Capital Management during the first quarter worth about $1,022,000. California State Teachers Retirement System increased its position in Annaly Capital Management by 1.3% in the 1st quarter. California State Teachers Retirement System now owns 781,023 shares of the real estate investment trust’s stock valued at $15,378,000 after acquiring an additional 10,380 shares during the period. Finally, Tidal Investments LLC raised its stake in Annaly Capital Management by 13.2% during the 1st quarter. Tidal Investments LLC now owns 19,072 shares of the real estate investment trust’s stock valued at $376,000 after acquiring an additional 2,229 shares during the last quarter. Institutional investors and hedge funds own 51.56% of the company’s stock.

Analyst Upgrades and Downgrades

NLY has been the topic of a number of recent research reports. Argus raised Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a report on Thursday, October 31st. Wells Fargo & Company raised shares of Annaly Capital Management from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $19.00 to $23.00 in a research note on Friday, September 20th. JMP Securities restated a “market perform” rating on shares of Annaly Capital Management in a research note on Wednesday, August 28th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Annaly Capital Management from $22.00 to $21.00 and set an “overweight” rating on the stock in a research note on Friday, October 25th. Three research 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, the company currently has a consensus rating of “Moderate Buy” and an average target price of $21.33.

Annaly Capital Management Trading Up 0.2 %

NLY stock opened at $19.81 on Monday. The firm has a 50 day moving average of $19.81 and a 200-day moving average of $19.86. The company has a market cap of $11.10 billion, a price-to-earnings ratio of -283.00 and a beta of 1.52. Annaly Capital Management, Inc. has a 12-month low of $17.23 and a 12-month high of $21.11.

Annaly Capital Management (NYSE:NLY) last issued its quarterly earnings data on Wednesday, October 23rd. The real estate investment trust reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.01). The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $212.00 million. Annaly Capital Management had a return on equity of 14.75% and a net margin of 2.59%. During the same period in the prior year, the firm posted $0.66 earnings per share. Sell-side analysts forecast that Annaly Capital Management, Inc. will post 2.65 earnings per share for the current fiscal year.

Annaly Capital Management Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Monday, September 30th were issued a dividend of $0.65 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $2.60 annualized dividend and a yield of 13.12%. Annaly Capital Management’s dividend payout ratio (DPR) is currently -3,714.29%.

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.