Candriam S.C.A. Has $2.49 Million Stake in Annaly Capital Management, Inc. (NYSE:NLY)

Candriam S.C.A. boosted its holdings in Annaly Capital Management, Inc. (NYSE:NLY) by 18.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 136,146 shares of the real estate investment trust’s stock after buying an additional 20,821 shares during the period. Candriam S.C.A.’s holdings in Annaly Capital Management were worth $2,491,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of NLY. KBC Group NV raised its holdings in 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 period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of 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 acquiring an additional 3,350,435 shares in the last quarter. PL Capital Advisors LLC increased its position in shares of Annaly Capital Management by 1,730.0% during the fourth quarter. PL Capital Advisors LLC now owns 2,792,635 shares of the real estate investment trust’s stock worth $51,105,000 after acquiring an additional 2,640,032 shares in the last quarter. ORG Wealth Partners LLC increased its position in shares of Annaly Capital Management by 5,113.5% during the fourth 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 in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of Annaly Capital Management during the fourth quarter worth $12,676,000. 51.56% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. 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 report on Friday, January 31st. Barclays started coverage on shares of Annaly Capital Management in a research report on Monday, January 6th. They set an “equal weight” rating and a $19.00 price objective for the company. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $22.00 target price on shares of Annaly Capital Management in a research report on Monday, February 10th. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $21.44.

Annaly Capital Management Price Performance

Shares of NLY stock opened at $21.85 on Monday. 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. The company has a fifty day moving average price of $20.14 and a two-hundred day moving average price of $19.92. Annaly Capital Management, Inc. has a one year low of $17.67 and a one year 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 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.05. Annaly Capital Management had a net margin of 20.70% and a return on equity of 14.95%. As a group, equities research analysts anticipate that Annaly Capital Management, Inc. will post 2.81 EPS for the current fiscal year.

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.