Annaly Capital Management, Inc. (NYSE:NLY) Shares Bought by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its position in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 87.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 139,796 shares of the real estate investment trust’s stock after acquiring an additional 65,400 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Annaly Capital Management were worth $2,558,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Avior Wealth Management LLC boosted its position in shares of Annaly Capital Management by 209.9% in the third quarter. Avior Wealth Management LLC now owns 1,255 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 850 shares during the period. Blue Trust Inc. boosted its position in shares of Annaly Capital Management by 78.5% in the fourth quarter. Blue Trust Inc. now owns 1,630 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 717 shares during the period. UMB Bank n.a. boosted its position in shares of Annaly Capital Management by 65.7% in the fourth quarter. UMB Bank n.a. now owns 2,598 shares of the real estate investment trust’s stock worth $48,000 after buying an additional 1,030 shares during the period. Wolverine Asset Management LLC purchased a new stake in shares of Annaly Capital Management in the fourth quarter worth about $50,000. Finally, Bartlett & CO. Wealth Management LLC boosted its position in shares of Annaly Capital Management by 68.1% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 2,962 shares of the real estate investment trust’s stock worth $56,000 after buying an additional 1,200 shares during the period. 51.56% of the stock is currently owned by institutional investors and hedge funds.

Annaly Capital Management Trading Up 0.9 %

Shares of Annaly Capital Management stock opened at $21.85 on Thursday. The business’s 50 day simple moving average is $19.77 and its 200-day simple moving average is $19.84. The stock has a market capitalization of $12.63 billion, a price-to-earnings ratio of 13.74, a PEG ratio of 4.89 and a beta of 1.52. Annaly Capital Management, Inc. has a twelve month low of $17.67 and a twelve month 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 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.05. Annaly Capital Management had a return on equity of 14.95% and a net margin of 20.70%. Sell-side analysts predict that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current year.

Annaly Capital Management Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were given a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 11.90%. The ex-dividend date was Tuesday, December 31st. Annaly Capital Management’s dividend payout ratio is currently 163.52%.

Wall Street Analyst Weigh In

NLY has been the subject of several analyst reports. Argus raised Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research report on Thursday, October 31st. Barclays started coverage on Annaly Capital Management in a research report on Monday, January 6th. They issued an “equal weight” rating and a $19.00 target price for the company. Royal Bank of Canada reissued an “outperform” rating and issued a $22.00 price target on shares of Annaly Capital Management in a report on Monday, February 10th. JMP Securities reissued a “market perform” rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. Finally, JPMorgan Chase & Co. increased their price target on Annaly Capital Management from $19.00 to $21.00 and gave the company an “overweight” rating in a report on Friday, January 31st. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $21.44.

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.