Nisa Investment Advisors LLC Raises Stake in Annaly Capital Management, Inc. (NYSE:NLY)

Nisa Investment Advisors LLC lifted its stake in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 4.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 186,470 shares of the real estate investment trust’s stock after purchasing an additional 8,739 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Annaly Capital Management were worth $3,534,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Annaly Capital Management by 531.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,981,081 shares of the real estate investment trust’s stock worth $79,900,000 after buying an additional 3,350,435 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in shares of Annaly Capital Management by 8.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 17,990,064 shares of the real estate investment trust’s stock worth $361,061,000 after acquiring an additional 1,342,056 shares during the period. ORG Wealth Partners LLC grew its holdings in shares of Annaly Capital Management by 5,113.5% in the 4th quarter. ORG Wealth Partners LLC now owns 788,336 shares of the real estate investment trust’s stock worth $14,427,000 after acquiring an additional 773,215 shares during the period. JPMorgan Chase & Co. increased its stake in Annaly Capital Management by 21.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,057,037 shares of the real estate investment trust’s stock valued at $61,355,000 after purchasing an additional 541,869 shares in the last quarter. Finally, International Assets Investment Management LLC raised its holdings in Annaly Capital Management by 2,254.2% during the third quarter. International Assets Investment Management LLC now owns 449,706 shares of the real estate investment trust’s stock worth $90,260,000 after purchasing an additional 430,604 shares during the last quarter. Hedge funds and other institutional investors own 51.56% of the company’s stock.

Analysts Set New Price Targets

NLY has been the subject of a number of research analyst reports. JMP Securities restated a “market perform” rating on shares of Annaly Capital Management in a research report on Thursday. Argus upgraded shares of Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a report on Thursday, October 31st. Barclays began coverage on shares of Annaly Capital Management in a report on Monday, January 6th. They issued an “equal weight” rating and a $19.00 price target on the stock. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Annaly Capital Management from $20.00 to $19.00 and set an “overweight” rating for the company in a research note on Tuesday, January 21st. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $21.11.

Annaly Capital Management Stock Performance

NLY stock opened at $19.49 on Friday. The company has a 50 day moving average price of $19.25 and a two-hundred day moving average price of $19.70. The stock has a market capitalization of $10.92 billion, a P/E ratio of -278.39 and a beta of 1.51. Annaly Capital Management, Inc. has a one year low of $17.67 and a one year high of $21.11.

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

Annaly Capital Management Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 13.34%. The ex-dividend date is Tuesday, December 31st. Annaly Capital Management’s dividend payout ratio 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.