Lbp Am Sa Increases Stock Holdings in Annaly Capital Management, Inc. (NYSE:NLY)

Lbp Am Sa raised its stake in Annaly Capital Management, Inc. (NYSE:NLY) by 119.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 47,279 shares of the real estate investment trust’s stock after purchasing an additional 25,742 shares during the period. Lbp Am Sa’s holdings in Annaly Capital Management were worth $931,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Raymond James & Associates boosted its holdings in shares of Annaly Capital Management by 6.4% in the fourth quarter. Raymond James & Associates now owns 239,178 shares of the real estate investment trust’s stock valued at $4,633,000 after acquiring an additional 14,302 shares during the period. Global Retirement Partners LLC boosted its holdings in shares of Annaly Capital Management by 331.7% in the fourth quarter. Global Retirement Partners LLC now owns 21,868 shares of the real estate investment trust’s stock valued at $423,000 after acquiring an additional 16,803 shares during the period. Welch Group LLC acquired a new stake in shares of Annaly Capital Management in the fourth quarter valued at approximately $295,000. KG&L Capital Management LLC boosted its holdings in shares of Annaly Capital Management by 15.1% in the fourth quarter. KG&L Capital Management LLC now owns 34,098 shares of the real estate investment trust’s stock valued at $660,000 after acquiring an additional 4,470 shares during the period. Finally, Clear Creek Financial Management LLC acquired a new stake in shares of Annaly Capital Management in the fourth quarter valued at approximately $374,000. 51.56% of the stock is currently owned by hedge funds and other institutional investors.

Annaly Capital Management Stock Performance

Shares of NYSE:NLY traded down $0.11 during trading hours on Friday, hitting $19.77. 1,871,681 shares of the company’s stock traded hands, compared to its average volume of 3,574,090. Annaly Capital Management, Inc. has a 52 week low of $14.52 and a 52 week high of $21.07. The company’s fifty day simple moving average is $19.76 and its two-hundred day simple moving average is $19.42. The company has a market cap of $9.91 billion, a price-to-earnings ratio of -20.37 and a beta of 1.53.

Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings data on Wednesday, July 24th. The real estate investment trust reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.02. Annaly Capital Management had a negative net margin of 12.02% and a positive return on equity of 15.24%. The company had revenue of $1.18 billion during the quarter, compared to analyst estimates of $318.00 million. During the same quarter last year, the firm posted $0.72 EPS. On average, analysts anticipate that Annaly Capital Management, Inc. will post 2.67 EPS for the current fiscal year.

Annaly Capital Management Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 31st. Shareholders of record on Friday, June 28th were issued a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 13.15%. The ex-dividend date was Friday, June 28th. Annaly Capital Management’s payout ratio is -268.04%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on NLY shares. JPMorgan Chase & Co. lifted their price objective on Annaly Capital Management from $20.00 to $21.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 16th. StockNews.com cut Annaly Capital Management from a “buy” rating to a “hold” rating in a research note on Thursday, July 25th. Jonestrading reaffirmed a “buy” rating and issued a $21.00 price objective on shares of Annaly Capital Management in a report on Thursday, April 25th. Compass Point increased their price objective on shares of Annaly Capital Management from $22.00 to $23.50 and gave the stock a “buy” rating in a report on Friday, July 26th. Finally, Janney Montgomery Scott started coverage on shares of Annaly Capital Management in a report on Thursday, June 6th. They issued a “buy” rating and a $21.00 price objective on the stock. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $21.14.

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.