B. Metzler seel. Sohn & Co. Holding AG Invests $309,000 in Annaly Capital Management, Inc. (NYSE:NLY)

B. Metzler seel. Sohn & Co. Holding AG bought a new stake in Annaly Capital Management, Inc. (NYSE:NLY) in the third quarter, HoldingsChannel reports. The fund bought 15,405 shares of the real estate investment trust’s stock, valued at approximately $309,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. UMB Bank n.a. raised its stake 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 valued at $31,000 after acquiring an additional 647 shares during the period. Quarry LP purchased a new stake in Annaly Capital Management during the 2nd quarter worth approximately $36,000. EverSource Wealth Advisors LLC raised its holdings in Annaly Capital Management by 107.5% in the first quarter. EverSource Wealth Advisors LLC now owns 2,077 shares of the real estate investment trust’s stock valued at $39,000 after acquiring an additional 1,076 shares in the last quarter. Toth Financial Advisory Corp raised 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 valued at $48,000 after purchasing an additional 576 shares in the last quarter. Finally, Redmont Wealth Advisors LLC raised its stake in Annaly Capital Management by 20.6% during the second quarter. Redmont Wealth Advisors LLC now owns 3,279 shares of the real estate investment trust’s stock valued at $62,000 after buying an additional 559 shares in the last quarter. Institutional investors and hedge funds own 51.56% of the company’s stock.

Annaly Capital Management Trading Up 0.2 %

Shares of NLY opened at $19.81 on Monday. The business’s 50-day moving average price is $19.81 and its 200 day moving average price is $19.86. The stock has a market capitalization of $11.10 billion, a P/E ratio of -283.00 and a beta of 1.52. Annaly Capital Management, Inc. has a 1-year low of $17.23 and a 1-year high of $21.11.

Annaly Capital Management (NYSE:NLY) last released its earnings results on Wednesday, October 23rd. The real estate investment trust reported $0.66 earnings per share for the quarter, missing the consensus estimate 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 period last year, the business earned $0.66 earnings per share. On average, research analysts predict that Annaly Capital Management, Inc. will post 2.65 earnings per share for the current year.

Annaly Capital Management Dividend Announcement

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

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Argus upgraded shares of Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research report on Thursday, October 31st. JPMorgan Chase & Co. decreased their price target on Annaly Capital Management from $22.00 to $21.00 and set an “overweight” rating for the company in a research note on Friday, October 25th. Wells Fargo & Company raised Annaly Capital Management from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $19.00 to $23.00 in a report on Friday, September 20th. Finally, JMP Securities restated a “market perform” rating on shares of Annaly Capital Management in a report on Wednesday, August 28th. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $21.33.

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.