Guidance Point Advisors LLC Purchases 768 Shares of Annaly Capital Management, Inc. (NYSE:NLY)

Guidance Point Advisors LLC boosted its position in Annaly Capital Management, Inc. (NYSE:NLY) by 4.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,530 shares of the real estate investment trust’s stock after purchasing an additional 768 shares during the period. Guidance Point Advisors LLC’s holdings in Annaly Capital Management were worth $302,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of NLY. Norges Bank bought a new stake in shares of Annaly Capital Management during the 4th quarter worth approximately $127,397,000. Vanguard Group Inc. lifted its position in shares of Annaly Capital Management by 12.0% during the fourth quarter. Vanguard Group Inc. now owns 54,721,696 shares of the real estate investment trust’s stock worth $1,001,407,000 after purchasing an additional 5,859,104 shares during the last quarter. KBC Group NV boosted its stake in shares of Annaly Capital Management by 238.9% during the fourth quarter. KBC Group NV now owns 5,198,020 shares of the real estate investment trust’s stock valued at $95,124,000 after purchasing an additional 3,664,098 shares during the period. PL Capital Advisors LLC grew its holdings in shares of Annaly Capital Management by 1,730.0% in the fourth quarter. PL Capital Advisors LLC now owns 2,792,635 shares of the real estate investment trust’s stock worth $51,105,000 after purchasing an additional 2,640,032 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Annaly Capital Management by 9.4% in the fourth quarter. Geode Capital Management LLC now owns 9,453,133 shares of the real estate investment trust’s stock worth $172,706,000 after purchasing an additional 814,917 shares during the last quarter. Hedge funds and other institutional investors own 51.56% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Barclays initiated coverage on shares of Annaly Capital Management in a research report on Monday, January 6th. They issued an “equal weight” rating and a $19.00 price objective for the company. Royal Bank of Canada reiterated 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 research note on Thursday, January 23rd. Finally, JPMorgan Chase & Co. lifted their target price on Annaly Capital Management from $19.00 to $21.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $21.44.

Annaly Capital Management Trading Up 0.2 %

Shares of NYSE:NLY opened at $20.13 on Thursday. The company has a market capitalization of $11.64 billion, a PE ratio of 12.66, a P/E/G ratio of 4.89 and a beta of 1.31. Annaly Capital Management, Inc. has a 12-month low of $17.67 and a 12-month high of $22.11. The business’s fifty day simple moving average is $21.04 and its 200-day simple moving average is $20.05.

Annaly Capital Management (NYSE:NLY) last posted its earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.05. Annaly Capital Management had a return on equity of 14.95% and a net margin of 20.70%. Research analysts predict that Annaly Capital Management, Inc. will post 2.81 EPS for the current year.

Annaly Capital Management Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 13.91%. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from Annaly Capital Management’s previous quarterly dividend of $0.65. Annaly Capital Management’s payout ratio is 176.10%.

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.