Natixis Advisors L.P. grew its holdings in Annaly Capital Management, Inc. (NYSE:NLY – Free Report) by 11.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,222 shares of the real estate investment trust’s stock after buying an additional 3,071 shares during the quarter. Natixis Advisors L.P.’s holdings in Annaly Capital Management were worth $578,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in the stock. Credit Suisse AG lifted its stake in shares of Annaly Capital Management by 13.4% during the 4th quarter. Credit Suisse AG now owns 1,408,966 shares of the real estate investment trust’s stock worth $29,701,000 after purchasing an additional 166,521 shares during the period. SG Americas Securities LLC boosted its stake in shares of Annaly Capital Management by 635.2% in the first quarter. SG Americas Securities LLC now owns 124,884 shares of the real estate investment trust’s stock valued at $2,387,000 after purchasing an additional 107,897 shares during the period. Nisa Investment Advisors LLC lifted its stake in shares of Annaly Capital Management by 5.0% in the first quarter. Nisa Investment Advisors LLC now owns 189,960 shares of the real estate investment trust’s stock worth $3,630,000 after acquiring an additional 9,022 shares in the last quarter. First Trust Advisors LP boosted its stake in Annaly Capital Management by 32.8% during the 4th quarter. First Trust Advisors LP now owns 1,671,232 shares of the real estate investment trust’s stock valued at $35,230,000 after acquiring an additional 412,519 shares during the last quarter. Finally, Impax Asset Management Group plc lifted its holdings in Annaly Capital Management by 25.6% during the 1st quarter. Impax Asset Management Group plc now owns 12,971 shares of the real estate investment trust’s stock worth $248,000 after buying an additional 2,640 shares during the last quarter. Hedge funds and other institutional investors own 49.16% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on NLY. StockNews.com started coverage on shares of Annaly Capital Management in a research report on Thursday, August 17th. They set a “sell” rating for the company. Royal Bank of Canada reaffirmed an “outperform” rating and set a $22.00 target price on shares of Annaly Capital Management in a research note on Tuesday, August 1st. Jonestrading reissued a “buy” rating and issued a $21.00 price target on shares of Annaly Capital Management in a report on Thursday, August 3rd. Finally, Piper Sandler raised their target price on shares of Annaly Capital Management from $21.50 to $22.00 in a report on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Annaly Capital Management currently has a consensus rating of “Hold” and an average price target of $21.31.
Annaly Capital Management Trading Down 1.0 %
NYSE NLY opened at $19.89 on Thursday. The firm’s 50 day moving average price is $19.89 and its two-hundred day moving average price is $19.60. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.13 and a current ratio of 1.13. Annaly Capital Management, Inc. has a twelve month low of $15.11 and a twelve month high of $26.92. The stock has a market cap of $9.82 billion, a price-to-earnings ratio of -4.76 and a beta of 1.37.
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; residential mortgage loans; and agency or private label credit risk transfer securities.
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