Columbus Macro LLC Has $7.10 Million Position in Annaly Capital Management Inc $NLY

Columbus Macro LLC grew its position in Annaly Capital Management Inc (NYSE:NLY) by 11.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 377,476 shares of the real estate investment trust’s stock after buying an additional 40,164 shares during the quarter. Columbus Macro LLC’s holdings in Annaly Capital Management were worth $7,104,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Annaly Capital Management by 3.0% during the 1st quarter. Vanguard Group Inc. now owns 56,356,579 shares of the real estate investment trust’s stock valued at $1,144,602,000 after purchasing an additional 1,634,883 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of Annaly Capital Management during the 2nd quarter valued at approximately $100,216,000. Bank of New York Mellon Corp grew its holdings in shares of Annaly Capital Management by 1.6% during the 1st quarter. Bank of New York Mellon Corp now owns 4,105,471 shares of the real estate investment trust’s stock valued at $83,382,000 after purchasing an additional 64,513 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Annaly Capital Management by 5.4% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,808,767 shares of the real estate investment trust’s stock valued at $77,356,000 after purchasing an additional 196,489 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Annaly Capital Management by 833.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,920,617 shares of the real estate investment trust’s stock valued at $59,318,000 after purchasing an additional 2,607,784 shares during the last quarter. 51.56% of the stock is currently owned by institutional investors and hedge funds.

Annaly Capital Management Stock Up 1.7%

Shares of NYSE NLY opened at $20.95 on Thursday. The company has a market capitalization of $13.45 billion, a P/E ratio of 20.74, a price-to-earnings-growth ratio of 4.88 and a beta of 1.25. Annaly Capital Management Inc has a 52-week low of $16.59 and a 52-week high of $22.45. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.11 and a current ratio of 0.11. The company’s 50 day moving average price is $21.08 and its 200-day moving average price is $19.93.

Annaly Capital Management (NYSE:NLY) last issued its quarterly earnings results on Wednesday, July 23rd. The real estate investment trust reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.01. The firm had revenue of $273.20 million for the quarter, compared to the consensus estimate of $237.00 million. Annaly Capital Management had a net margin of 13.76% and a return on equity of 15.53%. Equities analysts forecast that Annaly Capital Management Inc will post 2.81 earnings per share for the current year.

Annaly Capital Management Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, September 30th will be given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 13.4%. The ex-dividend date is Tuesday, September 30th. Annaly Capital Management’s payout ratio is presently 277.23%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Jones Trading reaffirmed a “buy” rating and set a $21.00 price target on shares of Annaly Capital Management in a report on Thursday, July 24th. Piper Sandler set a $22.50 target price on shares of Annaly Capital Management and gave the stock an “overweight” rating in a report on Wednesday. UBS Group boosted their target price on shares of Annaly Capital Management from $20.00 to $21.00 and gave the stock a “neutral” rating in a report on Wednesday, September 3rd. Keefe, Bruyette & Woods boosted their target price on shares of Annaly Capital Management from $20.50 to $21.50 and gave the stock an “outperform” rating in a report on Friday, July 25th. Finally, Zacks Research lowered shares of Annaly Capital Management from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. Six analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $21.13.

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.