Handelsbanken Fonder AB Acquires 6,000 Shares of Annaly Capital Management, Inc. (NYSE:NLY)

Handelsbanken Fonder AB boosted its holdings in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 7.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 84,700 shares of the real estate investment trust’s stock after buying an additional 6,000 shares during the period. Handelsbanken Fonder AB’s holdings in Annaly Capital Management were worth $1,641,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Private Trust Co. NA boosted its stake in Annaly Capital Management by 7.0% during the third quarter. Private Trust Co. NA now owns 10,876 shares of the real estate investment trust’s stock valued at $205,000 after buying an additional 709 shares during the period. DekaBank Deutsche Girozentrale boosted its stake in Annaly Capital Management by 1.0% during the third quarter. DekaBank Deutsche Girozentrale now owns 69,997 shares of the real estate investment trust’s stock valued at $1,310,000 after buying an additional 717 shares during the period. Fifth Third Bancorp boosted its stake in Annaly Capital Management by 37.9% during the third quarter. Fifth Third Bancorp now owns 2,814 shares of the real estate investment trust’s stock valued at $53,000 after buying an additional 773 shares during the period. Daiwa Securities Group Inc. boosted its stake in Annaly Capital Management by 2.8% during the third quarter. Daiwa Securities Group Inc. now owns 29,145 shares of the real estate investment trust’s stock valued at $548,000 after buying an additional 800 shares during the period. Finally, Bell Bank boosted its stake in Annaly Capital Management by 0.7% during the third quarter. Bell Bank now owns 113,786 shares of the real estate investment trust’s stock valued at $2,140,000 after buying an additional 803 shares during the period. Institutional investors own 51.56% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on NLY. StockNews.com raised Annaly Capital Management from a “sell” rating to a “hold” rating in a research note on Saturday, January 27th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $21.00 price target on shares of Annaly Capital Management in a research note 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. Compass Point began coverage on Annaly Capital Management in a research note on Tuesday, April 2nd. They set a “buy” rating and a $22.00 price target for the company. Finally, Jonestrading reaffirmed a “buy” rating and set a $21.00 price target on shares of Annaly Capital Management in a research note on Thursday. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $21.07.

Insider Transactions at Annaly Capital Management

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

Annaly Capital Management Trading Up 1.0 %

NLY stock opened at $18.88 on Friday. The company has a current ratio of 0.10, a quick ratio of 1.22 and a debt-to-equity ratio of 1.58. The business’s 50 day moving average price is $19.11 and its two-hundred day moving average price is $18.63. Annaly Capital Management, Inc. has a fifty-two week low of $14.52 and a fifty-two week high of $21.07.

Annaly Capital Management (NYSE:NLY) last issued its quarterly earnings results on Thursday, April 25th. The real estate investment trust reported $0.64 EPS for the quarter, hitting analysts’ consensus estimates of $0.64. Annaly Capital Management had a positive return on equity of 15.13% and a negative net margin of 8.38%. The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $320.00 million. During the same period in the previous year, the firm posted $0.81 EPS. Sell-side analysts forecast that Annaly Capital Management, Inc. will post 2.54 EPS for the current year.

Annaly Capital Management Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Thursday, March 28th will be given a $0.65 dividend. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 13.77%. Annaly Capital Management’s dividend payout ratio is currently -268.04%.

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.