Daiwa Securities Group Inc. Has $584,000 Stake in Annaly Capital Management, Inc. (NYSE:NLY)

Daiwa Securities Group Inc. boosted its holdings in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 3.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,145 shares of the real estate investment trust’s stock after buying an additional 1,000 shares during the period. Daiwa Securities Group Inc.’s holdings in Annaly Capital Management were worth $584,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Selway Asset Management bought a new stake in Annaly Capital Management in the third quarter valued at about $26,000. Central Bank & Trust Co. bought a new stake in shares of Annaly Capital Management in the 4th quarter valued at approximately $34,000. BluePath Capital Management LLC acquired a new position in shares of Annaly Capital Management in the 3rd quarter worth approximately $34,000. NBC Securities Inc. bought a new position in shares of Annaly Capital Management during the 3rd quarter worth approximately $38,000. Finally, Carmichael Hill & Associates Inc. boosted its stake in Annaly Capital Management by 90.2% in the 3rd quarter. Carmichael Hill & Associates Inc. now owns 2,472 shares of the real estate investment trust’s stock valued at $46,000 after buying an additional 1,172 shares in the last quarter. Institutional investors own 51.56% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on NLY. Jonestrading reiterated a “buy” rating and set a $21.00 price objective on shares of Annaly Capital Management in a research note on Thursday. Royal Bank of Canada reissued an “outperform” rating and set a $21.00 price target on shares of Annaly Capital Management in a report on Monday, February 12th. JMP Securities reaffirmed a “market perform” rating on shares of Annaly Capital Management in a research note on Thursday, April 18th. StockNews.com upgraded shares of Annaly Capital Management from a “sell” rating to a “hold” rating in a research note on Saturday, January 27th. Finally, Compass Point began coverage on Annaly Capital Management in a research report on Tuesday, April 2nd. They set a “buy” rating and a $22.00 price target on the stock. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Annaly Capital Management currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.07.

Annaly Capital Management Trading Up 0.6 %

Shares of Annaly Capital Management stock opened at $18.69 on Friday. The firm has a 50 day simple moving average of $19.10 and a 200 day simple moving average of $18.62. Annaly Capital Management, Inc. has a fifty-two week low of $14.52 and a fifty-two week high of $21.07. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.22 and a quick ratio of 1.22.

Annaly Capital Management (NYSE:NLY) last released its earnings results on Thursday, April 25th. The real estate investment trust reported $0.64 EPS for the quarter, meeting the consensus estimate of $0.64. Annaly Capital Management had a positive return on equity of 15.20% and a negative net margin of 8.38%. The company had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $320.00 million. During the same period last year, the firm earned $0.81 EPS. On average, analysts anticipate that Annaly Capital Management, Inc. will post 2.57 earnings per share for the current fiscal year.

Annaly Capital Management Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Thursday, March 28th will be given a dividend of $0.65 per share. The ex-dividend date is Wednesday, March 27th. This represents a $2.60 dividend on an annualized basis and a yield of 13.91%. Annaly Capital Management’s payout ratio is presently -268.04%.

Insider Activity

In related news, CEO David L. Finkelstein sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $19.03, for a total transaction of $951,500.00. Following the completion of the sale, the chief executive officer now directly owns 662,469 shares of the company’s stock, valued at $12,606,785.07. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.21% of the company’s stock.

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.