Natixis Advisors LLC Acquires 23,288 Shares of Annaly Capital Management Inc (NYSE:NLY)

Natixis Advisors LLC raised its holdings in Annaly Capital Management Inc (NYSE:NLY) by 50.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 69,679 shares of the real estate investment trust’s stock after buying an additional 23,288 shares during the period. Natixis Advisors LLC’s holdings in Annaly Capital Management were worth $1,415,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of NLY. Price T Rowe Associates Inc. MD raised its stake in Annaly Capital Management by 31.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 34,426,571 shares of the real estate investment trust’s stock valued at $630,007,000 after buying an additional 8,272,674 shares during the period. Northern Trust Corp boosted its holdings in shares of Annaly Capital Management by 90.6% during the fourth quarter. Northern Trust Corp now owns 7,587,581 shares of the real estate investment trust’s stock worth $138,853,000 after acquiring an additional 3,606,366 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Annaly Capital Management by 18.3% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,711,288 shares of the real estate investment trust’s stock worth $86,217,000 after acquiring an additional 730,207 shares during the period. Wellington Management Group LLP boosted its holdings in shares of Annaly Capital Management by 135.6% during the fourth quarter. Wellington Management Group LLP now owns 1,265,432 shares of the real estate investment trust’s stock worth $23,157,000 after acquiring an additional 728,307 shares during the period. Finally, Invesco Ltd. boosted its holdings in shares of Annaly Capital Management by 32.6% during the fourth quarter. Invesco Ltd. now owns 2,364,385 shares of the real estate investment trust’s stock worth $43,268,000 after acquiring an additional 580,789 shares during the period. Institutional investors own 51.56% of the company’s stock.

Analyst Upgrades and Downgrades

NLY has been the subject of a number of research analyst reports. JPMorgan Chase & Co. reduced their price objective on Annaly Capital Management from $21.00 to $19.00 and set an “overweight” rating for the company in a report on Wednesday, April 16th. Royal Bank Of Canada reduced their price objective on Annaly Capital Management from $22.00 to $21.00 and set an “outperform” rating for the company in a report on Tuesday, May 27th. Piper Sandler reduced their price objective on Annaly Capital Management from $21.50 to $21.00 and set an “overweight” rating for the company in a report on Friday, May 2nd. UBS Group reaffirmed a “neutral” rating and set a $20.00 target price (up from $18.00) on shares of Annaly Capital Management in a report on Thursday, July 10th. Finally, Jones Trading reaffirmed a “buy” rating and set a $21.00 target price on shares of Annaly Capital Management in a report on Thursday, July 24th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, Annaly Capital Management currently has an average rating of “Moderate Buy” and a consensus price target of $20.72.

Annaly Capital Management Stock Performance

Shares of Annaly Capital Management stock opened at $20.60 on Friday. The company has a 50 day moving average of $19.69 and a 200-day moving average of $19.90. Annaly Capital Management Inc has a 1-year low of $16.59 and a 1-year high of $22.11. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.21. The company has a market cap of $13.22 billion, a PE ratio of 20.39, a price-to-earnings-growth ratio of 4.88 and a beta of 1.20.

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 for the quarter, topping analysts’ consensus estimates of $0.72 by $0.01. Annaly Capital Management had a net margin of 13.76% and a return on equity of 15.53%. The company had revenue of $273.20 million during the quarter, compared to the consensus estimate of $237.00 million. As a group, equities research analysts forecast that Annaly Capital Management Inc will post 2.81 earnings per share for the current fiscal year.

Annaly Capital Management Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Monday, June 30th were issued a dividend of $0.70 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $2.80 annualized dividend and a dividend yield of 13.6%. Annaly Capital Management’s payout ratio is 277.23%.

Annaly Capital Management Company 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.