Annaly Capital Management, Inc. (NYSE:NLY) Shares Purchased by First Trust Direct Indexing L.P.

First Trust Direct Indexing L.P. boosted its holdings in Annaly Capital Management, Inc. (NYSE:NLY) by 5.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 18,053 shares of the real estate investment trust’s stock after buying an additional 953 shares during the period. First Trust Direct Indexing L.P.’s holdings in Annaly Capital Management were worth $350,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Robeco Institutional Asset Management B.V. boosted its position in shares of Annaly Capital Management by 24.6% in the third quarter. Robeco Institutional Asset Management B.V. now owns 17,363 shares of the real estate investment trust’s stock worth $327,000 after acquiring an additional 3,425 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Annaly Capital Management by 15.3% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 199,498 shares of the real estate investment trust’s stock valued at $3,753,000 after purchasing an additional 26,534 shares during the last quarter. Stratos Wealth Partners LTD. grew its stake in shares of Annaly Capital Management by 44.8% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 14,575 shares of the real estate investment trust’s stock valued at $274,000 after buying an additional 4,507 shares during the period. J.W. Cole Advisors Inc. acquired a new stake in shares of Annaly Capital Management during the 3rd quarter worth $243,000. Finally, New York State Teachers Retirement System raised its position in shares of Annaly Capital Management by 7.1% in the 3rd quarter. New York State Teachers Retirement System now owns 424,775 shares of the real estate investment trust’s stock worth $7,990,000 after buying an additional 28,200 shares during the period. Hedge funds and other institutional investors own 51.56% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Compass Point initiated 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. JMP Securities reissued a “market perform” rating on shares of Annaly Capital Management in a research report on Thursday, April 18th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and set a $21.50 price target on shares of Annaly Capital Management in a research report on Wednesday, March 27th. Jonestrading reissued a “buy” rating and issued a $21.00 price objective on shares of Annaly Capital Management in a research report on Thursday, April 25th. Finally, StockNews.com upgraded shares of Annaly Capital Management from a “sell” rating to a “hold” rating in a report on Saturday, January 27th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.08.

Annaly Capital Management Stock Up 1.4 %

Shares of NYSE:NLY opened at $19.63 on Tuesday. The company has a 50 day moving average of $19.15 and a two-hundred day moving average of $18.71. Annaly Capital Management, Inc. has a 52-week low of $14.52 and a 52-week high of $21.07. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.58. The company has a market capitalization of $9.82 billion, a price-to-earnings ratio of -20.23 and a beta of 1.54.

Annaly Capital Management (NYSE:NLY) last released its quarterly earnings results on Thursday, April 25th. The real estate investment trust reported $0.64 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.64. Annaly Capital Management had a negative net margin of 8.38% and a positive return on equity of 15.13%. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $320.00 million. During the same period last year, the business earned $0.81 EPS. As a group, analysts forecast that Annaly Capital Management, Inc. will post 2.62 earnings per share for the current fiscal year.

Annaly Capital Management Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Thursday, March 28th were paid a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 13.25%. The ex-dividend date was Wednesday, March 27th. Annaly Capital Management’s dividend payout ratio (DPR) is -268.04%.

Insider Activity at Annaly Capital Management

In other Annaly Capital Management news, CEO David L. Finkelstein sold 50,000 shares of Annaly Capital Management stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $19.03, for a total transaction of $951,500.00. Following the sale, the chief executive officer now directly owns 662,469 shares in the company, valued at approximately $12,606,785.07. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.21% of the stock is currently owned by company insiders.

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.