Vanguard Personalized Indexing Management LLC Decreases Stock Holdings in Annaly Capital Management, Inc. (NYSE:NLY)

Vanguard Personalized Indexing Management LLC lessened its holdings in shares of Annaly Capital Management, Inc. (NYSE:NLYFree Report) by 51.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,721 shares of the real estate investment trust’s stock after selling 19,990 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Annaly Capital Management were worth $363,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in NLY. Allspring Global Investments Holdings LLC lifted its stake in Annaly Capital Management by 1.8% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 17,170,965 shares of the real estate investment trust’s stock valued at $332,602,000 after acquiring an additional 300,457 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Annaly Capital Management by 3.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,137,529 shares of the real estate investment trust’s stock worth $60,774,000 after buying an additional 116,102 shares in the last quarter. Invesco Ltd. boosted its position in shares of Annaly Capital Management by 14.4% during the 3rd quarter. Invesco Ltd. now owns 2,143,753 shares of the real estate investment trust’s stock valued at $40,324,000 after acquiring an additional 269,758 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in Annaly Capital Management by 0.8% in the 4th quarter. Principal Financial Group Inc. now owns 1,835,679 shares of the real estate investment trust’s stock valued at $35,557,000 after purchasing an additional 13,741 shares during the last quarter. Finally, Van ECK Associates Corp lifted its holdings in Annaly Capital Management by 34.4% in the fourth quarter. Van ECK Associates Corp now owns 1,785,526 shares of the real estate investment trust’s stock valued at $34,586,000 after acquiring an additional 456,639 shares during the last quarter. 51.56% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

NLY has been the topic of a number of recent analyst reports. Jonestrading reaffirmed a “buy” rating and issued a $21.00 target price on shares of Annaly Capital Management in a research report on Thursday, April 25th. Royal Bank of Canada reissued an “outperform” rating and issued a $21.00 target price on shares of Annaly Capital Management in a report on Monday, February 12th. StockNews.com upgraded shares of Annaly Capital Management from a “hold” rating to a “buy” rating in a research report on Monday, May 13th. Keefe, Bruyette & Woods reiterated an “outperform” rating and issued a $21.50 price objective on shares of Annaly Capital Management in a research note on Wednesday, March 27th. Finally, Compass Point assumed coverage on Annaly Capital Management in a report on Tuesday, April 2nd. They set a “buy” rating and a $22.00 price target on the stock. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $21.08.

View Our Latest Stock Report on NLY

Annaly Capital Management Stock Performance

Shares of NYSE NLY opened at $19.48 on Monday. The company’s fifty day moving average is $19.31 and its two-hundred day moving average is $19.09. Annaly Capital Management, Inc. has a one year low of $14.52 and a one year high of $21.07. The firm has a market capitalization of $9.75 billion, a P/E ratio of -20.08 and a beta of 1.54.

Annaly Capital Management (NYSE:NLYGet Free Report) last posted its earnings results on Thursday, April 25th. The real estate investment trust reported $0.64 earnings per share for the quarter, meeting the consensus estimate of $0.64. Annaly Capital Management had a positive return on equity of 15.13% and a negative net margin of 8.38%. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $320.00 million. During the same quarter in the prior year, the company earned $0.81 earnings per share. On average, sell-side 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 business also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Thursday, March 28th were given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 13.35%. The ex-dividend date was Wednesday, March 27th. Annaly Capital Management’s payout ratio is -268.04%.

Annaly Capital Management Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Annaly Capital Management (NYSE:NLY)

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