Candriam S.C.A. Purchases 20,821 Shares of Annaly Capital Management, Inc. (NYSE:NLY)

Candriam S.C.A. increased its position in Annaly Capital Management, Inc. (NYSE:NLY) by 18.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 136,146 shares of the real estate investment trust’s stock after acquiring an additional 20,821 shares during the quarter. Candriam S.C.A.’s holdings in Annaly Capital Management were worth $2,491,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Proffitt & Goodson Inc. raised its holdings in Annaly Capital Management by 1.0% in the 4th quarter. Proffitt & Goodson Inc. now owns 53,040 shares of the real estate investment trust’s stock worth $971,000 after acquiring an additional 505 shares during the period. LVZ Inc. increased its holdings in shares of Annaly Capital Management by 2.7% during the 4th quarter. LVZ Inc. now owns 19,632 shares of the real estate investment trust’s stock worth $359,000 after purchasing an additional 521 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Annaly Capital Management by 29.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,425 shares of the real estate investment trust’s stock worth $45,000 after purchasing an additional 549 shares during the period. Armstrong Advisory Group Inc. increased its holdings in shares of Annaly Capital Management by 6.6% during the 4th quarter. Armstrong Advisory Group Inc. now owns 9,121 shares of the real estate investment trust’s stock worth $167,000 after purchasing an additional 562 shares during the period. Finally, Fermata Advisors LLC increased its holdings in shares of Annaly Capital Management by 3.2% during the 4th quarter. Fermata Advisors LLC now owns 18,022 shares of the real estate investment trust’s stock worth $330,000 after purchasing an additional 563 shares during the period. Institutional investors own 51.56% of the company’s stock.

Analyst Upgrades and Downgrades

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

Annaly Capital Management Stock Up 2.5 %

NYSE NLY opened at $21.85 on Monday. The stock has a market cap of $12.63 billion, a P/E ratio of 13.74, a PEG ratio of 4.89 and a beta of 1.53. Annaly Capital Management, Inc. has a twelve month low of $17.67 and a twelve month high of $22.05. The company’s 50-day simple moving average is $20.14 and its 200 day simple moving average is $19.92.

Annaly Capital Management (NYSE:NLY) last issued its quarterly earnings data on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share for the quarter, topping 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%. Research analysts anticipate that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current year.

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.