Sigma Planning Corp Purchases 784 Shares of Annaly Capital Management, Inc. (NYSE:NLY)

Sigma Planning Corp lifted its position in Annaly Capital Management, Inc. (NYSE:NLY) by 3.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 27,124 shares of the real estate investment trust’s stock after acquiring an additional 784 shares during the period. Sigma Planning Corp’s holdings in Annaly Capital Management were worth $544,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. UMB Bank n.a. raised its position in shares of Annaly Capital Management by 70.2% in the 3rd quarter. UMB Bank n.a. now owns 1,568 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 647 shares in the last quarter. Quarry LP bought a new position in shares of Annaly Capital Management in the 2nd quarter worth approximately $36,000. EverSource Wealth Advisors LLC raised its position in shares of Annaly Capital Management by 107.5% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,077 shares of the real estate investment trust’s stock worth $39,000 after acquiring an additional 1,076 shares in the last quarter. Toth Financial Advisory Corp grew its stake in shares of Annaly Capital Management by 31.8% in the 3rd quarter. Toth Financial Advisory Corp now owns 2,390 shares of the real estate investment trust’s stock worth $48,000 after buying an additional 576 shares during the last quarter. Finally, Beaird Harris Wealth Management LLC grew its stake in shares of Annaly Capital Management by 21.4% in the 1st quarter. Beaird Harris Wealth Management LLC now owns 2,837 shares of the real estate investment trust’s stock worth $56,000 after buying an additional 500 shares during the last quarter. Institutional investors own 51.56% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on NLY. Wells Fargo & Company upgraded Annaly Capital Management from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $19.00 to $23.00 in a research note on Friday, September 20th. StockNews.com downgraded Annaly Capital Management from a “buy” rating to a “hold” rating in a research note on Thursday, July 25th. JPMorgan Chase & Co. cut their price target on 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. JMP Securities restated a “market perform” rating on shares of Annaly Capital Management in a research note on Wednesday, August 28th. Finally, Compass Point upped their price target on Annaly Capital Management from $22.00 to $23.50 and gave the stock a “buy” rating in a research note on Friday, July 26th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $21.33.

Annaly Capital Management Trading Down 0.2 %

Shares of NLY opened at $19.59 on Friday. The company has a market cap of $10.98 billion, a price-to-earnings ratio of -279.79 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. The business’s fifty day simple moving average is $19.88 and its two-hundred day simple moving average is $19.83.

Annaly Capital Management (NYSE:NLY) last released its quarterly earnings results on Wednesday, October 23rd. The real estate investment trust reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.01). The firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations 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 quarter last year, the business earned $0.66 earnings per share. As a group, research analysts forecast that Annaly Capital Management, Inc. will post 2.65 EPS for the current year.

Annaly Capital Management Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Monday, September 30th were paid a $0.65 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 13.28%. Annaly Capital Management’s dividend payout ratio (DPR) is currently -3,714.29%.

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.