Annaly Capital Management, Inc. (NYSE:NLY) Shares Acquired by Guidance Point Advisors LLC

Guidance Point Advisors LLC lifted its holdings in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 4.9% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 16,530 shares of the real estate investment trust’s stock after acquiring an additional 768 shares during the period. Guidance Point Advisors LLC’s holdings in Annaly Capital Management were worth $302,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Assetmark Inc. purchased a new stake in Annaly Capital Management during the 4th quarter worth approximately $31,000. Blue Trust Inc. grew its holdings in shares of Annaly Capital Management by 78.5% during the fourth quarter. Blue Trust Inc. now owns 1,630 shares of the real estate investment trust’s stock valued at $33,000 after buying an additional 717 shares during the last quarter. Larson Financial Group LLC increased its position in shares of Annaly Capital Management by 34.4% in the 4th quarter. Larson Financial Group LLC now owns 2,143 shares of the real estate investment trust’s stock valued at $39,000 after acquiring an additional 549 shares during the period. Smartleaf Asset Management LLC increased its position in shares of Annaly Capital Management by 29.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,425 shares of the real estate investment trust’s stock valued at $45,000 after acquiring an additional 549 shares during the period. Finally, UMB Bank n.a. lifted its position in Annaly Capital Management by 65.7% during the 4th quarter. UMB Bank n.a. now owns 2,598 shares of the real estate investment trust’s stock worth $48,000 after acquiring an additional 1,030 shares during the period. Institutional investors and hedge funds own 51.56% of the company’s stock.

Annaly Capital Management Price Performance

Shares of NYSE NLY opened at $20.13 on Thursday. The stock has a market capitalization of $11.64 billion, a price-to-earnings ratio of 12.66, a PEG ratio of 4.89 and a beta of 1.31. The firm’s 50 day simple moving average is $21.04 and its 200-day simple moving average is $20.05. Annaly Capital Management, Inc. has a 12 month low of $17.67 and a 12 month high of $22.11.

Annaly Capital Management (NYSE:NLY) last released its quarterly earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 EPS for the quarter, beating the consensus estimate of $0.67 by $0.05. Annaly Capital Management had a net margin of 20.70% and a return on equity of 14.95%. Analysts anticipate that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current fiscal year.

Annaly Capital Management Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 13.91%. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from Annaly Capital Management’s previous quarterly dividend of $0.65. Annaly Capital Management’s payout ratio is currently 176.10%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on NLY. Barclays began coverage on Annaly Capital Management in a report on Monday, January 6th. They issued an “equal weight” rating and a $19.00 price objective on the stock. JMP Securities reiterated a “market perform” rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. Royal Bank of Canada restated an “outperform” rating and set a $22.00 price objective on shares of Annaly Capital Management in a research note on Monday, February 10th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Annaly Capital Management from $19.00 to $21.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $21.44.

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.