Strs Ohio Purchases Shares of 112,756 Annaly Capital Management Inc $NLY

Strs Ohio bought a new position in Annaly Capital Management Inc (NYSE:NLY) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 112,756 shares of the real estate investment trust’s stock, valued at approximately $2,290,000.

Several other hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in shares of Annaly Capital Management by 3.0% in the first quarter. Vanguard Group Inc. now owns 56,356,579 shares of the real estate investment trust’s stock worth $1,144,602,000 after buying an additional 1,634,883 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Annaly Capital Management by 18.3% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,711,288 shares of the real estate investment trust’s stock worth $86,217,000 after buying an additional 730,207 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Annaly Capital Management by 1.6% in the first quarter. Bank of New York Mellon Corp now owns 4,105,471 shares of the real estate investment trust’s stock worth $83,382,000 after buying an additional 64,513 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Annaly Capital Management by 5.4% during the first quarter. Charles Schwab Investment Management Inc. now owns 3,808,767 shares of the real estate investment trust’s stock valued at $77,356,000 after purchasing an additional 196,489 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in Annaly Capital Management by 833.6% during the first quarter. Goldman Sachs Group Inc. now owns 2,920,617 shares of the real estate investment trust’s stock valued at $59,318,000 after purchasing an additional 2,607,784 shares in the last quarter. Hedge funds and other institutional investors own 51.56% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on NLY. Keefe, Bruyette & Woods upped their price target on shares of Annaly Capital Management from $20.50 to $21.50 and gave the company an “outperform” rating in a research note on Friday, July 25th. Zacks Research cut shares of Annaly Capital Management from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Royal Bank Of Canada boosted their price objective on shares of Annaly Capital Management from $21.00 to $23.00 and gave the company an “outperform” rating in a research report on Monday. Jones Trading reiterated a “buy” rating and set a $21.00 price objective on shares of Annaly Capital Management in a research report on Thursday, July 24th. Finally, UBS Group boosted their price objective on shares of Annaly Capital Management from $20.00 to $21.00 and gave the company a “neutral” rating in a research report on Wednesday, September 3rd. Seven equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $21.06.

Annaly Capital Management Stock Up 0.3%

NYSE NLY opened at $22.06 on Tuesday. Annaly Capital Management Inc has a 52 week low of $16.59 and a 52 week high of $22.45. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.21. The business’s fifty day simple moving average is $20.78 and its 200-day simple moving average is $19.98. The firm has a market cap of $14.16 billion, a PE ratio of 21.84, a P/E/G ratio of 5.21 and a beta of 1.24.

Annaly Capital Management (NYSE:NLY) last issued its quarterly earnings data on Wednesday, July 23rd. The real estate investment trust reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.01. The firm had revenue of $273.20 million during the quarter, compared to the consensus estimate of $237.00 million. Annaly Capital Management had a return on equity of 15.53% and a net margin of 13.76%. As a group, equities analysts anticipate that Annaly Capital Management Inc will post 2.81 earnings per share for the current year.

Annaly Capital Management Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th will be paid a $0.70 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $2.80 dividend on an annualized basis and a yield of 12.7%. Annaly Capital Management’s payout ratio is currently 277.23%.

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.