Angel Oak Capital Advisors LLC Takes $1.83 Million Position in Annaly Capital Management, Inc. (NYSE:NLY)

Angel Oak Capital Advisors LLC acquired a new position in shares of Annaly Capital Management, Inc. (NYSE:NLY) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 99,833 shares of the real estate investment trust’s stock, valued at approximately $1,827,000. Annaly Capital Management comprises approximately 2.4% of Angel Oak Capital Advisors LLC’s investment portfolio, making the stock its 6th largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of NLY. Avior Wealth Management LLC lifted its holdings in Annaly Capital Management by 209.9% during the 3rd quarter. Avior Wealth Management LLC now owns 1,255 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 850 shares during the last quarter. Blue Trust Inc. lifted its stake in Annaly Capital Management by 78.5% during 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 boosted its holdings in 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 valued at $48,000 after purchasing an additional 576 shares in the last quarter. UMB Bank n.a. increased its stake in Annaly Capital Management by 65.7% in the fourth quarter. UMB Bank n.a. now owns 2,598 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 1,030 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC raised its holdings 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 worth $56,000 after purchasing an additional 1,200 shares in the last quarter. Institutional investors and hedge funds own 51.56% of the company’s stock.

Annaly Capital Management Trading Up 1.5 %

NYSE:NLY opened at $21.24 on Tuesday. The company has a current ratio of 0.12, a quick ratio of 0.08 and a debt-to-equity ratio of 0.22. The stock’s 50 day simple moving average is $19.49 and its 200-day simple moving average is $19.74. Annaly Capital Management, Inc. has a 12-month low of $17.67 and a 12-month high of $21.29. The firm has a market cap of $11.90 billion, a P/E ratio of 13.36, a PEG ratio of 4.66 and a beta of 1.52.

Annaly Capital Management (NYSE:NLY) last announced its quarterly earnings data 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 net margin of 20.70% and a return on equity of 14.95%. Equities analysts anticipate that Annaly Capital Management, Inc. will post 2.81 EPS for the current year.

Annaly Capital Management Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were given a $0.65 dividend. 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 12.24%. Annaly Capital Management’s payout ratio is currently 163.52%.

Analysts Set New Price Targets

A number of research analysts recently commented on NLY shares. JMP Securities reaffirmed a “market perform” rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. Argus raised Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a report on Thursday, October 31st. JPMorgan Chase & Co. boosted their target price on Annaly Capital Management from $19.00 to $21.00 and gave the company an “overweight” rating in a report on Friday, January 31st. Royal Bank of Canada restated an “outperform” rating and set a $22.00 price target on shares of Annaly Capital Management in a research note on Monday, February 10th. Finally, Barclays assumed coverage on Annaly Capital Management in a research report on Monday, January 6th. They set an “equal weight” rating and a $19.00 price target on the stock. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Annaly Capital Management has a consensus rating of “Moderate Buy” and a consensus target price of $21.44.

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.