Clarity Capital Partners LLC grew its holdings in Annaly Capital Management, Inc. (NYSE:NLY – Free Report) by 59.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,204 shares of the real estate investment trust’s stock after acquiring an additional 6,444 shares during the period. Clarity Capital Partners LLC’s holdings in Annaly Capital Management were worth $315,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently made changes to their positions in the company. Avior Wealth Management LLC increased its holdings in Annaly Capital Management by 209.9% in the 3rd quarter. Avior Wealth Management LLC now owns 1,255 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 850 shares during the last quarter. UMB Bank n.a. grew its position in shares of Annaly Capital Management by 70.2% during the third quarter. UMB Bank n.a. now owns 1,568 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 647 shares in the last quarter. Blue Trust Inc. increased its holdings 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 purchasing an additional 717 shares during the last quarter. Toth Financial Advisory Corp lifted its position in shares of Annaly Capital Management by 31.8% in the third 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 in the last quarter. Finally, Bartlett & CO. Wealth Management LLC boosted its stake in Annaly Capital Management by 68.1% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 2,962 shares of the real estate investment trust’s stock valued at $56,000 after buying an additional 1,200 shares during the last quarter. Institutional investors own 51.56% of the company’s stock.
Annaly Capital Management Stock Down 0.3 %
Shares of NYSE:NLY opened at $20.69 on Thursday. The firm has a market capitalization of $11.60 billion, a PE ratio of 13.01, a price-to-earnings-growth ratio of 4.66 and a beta of 1.52. The business has a 50 day simple moving average of $19.41 and a two-hundred day simple moving average of $19.72. Annaly Capital Management, Inc. has a 1 year low of $17.67 and a 1 year high of $21.11. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.12 and a quick ratio of 0.08.
Annaly Capital Management Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were issued a dividend of $0.65 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.60 dividend on an annualized basis and a yield of 12.57%. Annaly Capital Management’s payout ratio is 163.52%.
Wall Street Analyst Weigh In
A number of analysts have issued reports on the company. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $22.00 price objective on shares of Annaly Capital Management in a research note on Monday. JMP Securities restated a “market perform” rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. JPMorgan Chase & Co. increased their price objective on shares of Annaly Capital Management from $19.00 to $21.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. Argus raised shares of Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research note on Thursday, October 31st. Finally, Barclays began 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 target price on the stock. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Annaly Capital Management presently has an average rating of “Moderate Buy” and a consensus price target of $21.44.
Get Our Latest Analysis on NLY
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.
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