Annaly Capital Management Inc $NLY Shares Purchased by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. increased its position in shares of Annaly Capital Management Inc (NYSE:NLY) by 31.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,344 shares of the real estate investment trust’s stock after purchasing an additional 1,760 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Annaly Capital Management were worth $149,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Jupiter Wealth Management LLC lifted its holdings in shares of Annaly Capital Management by 3.4% during the fourth quarter. Jupiter Wealth Management LLC now owns 15,035 shares of the real estate investment trust’s stock worth $275,000 after purchasing an additional 492 shares during the period. Guidance Point Advisors LLC lifted its holdings in shares of Annaly Capital Management by 3.1% during the first quarter. Guidance Point Advisors LLC now owns 17,049 shares of the real estate investment trust’s stock worth $346,000 after purchasing an additional 519 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of Annaly Capital Management by 3.2% during the first quarter. International Assets Investment Management LLC now owns 23,222 shares of the real estate investment trust’s stock worth $472,000 after purchasing an additional 725 shares during the period. Meiji Yasuda Asset Management Co Ltd. lifted its holdings in shares of Annaly Capital Management by 3.8% during the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 21,488 shares of the real estate investment trust’s stock worth $436,000 after purchasing an additional 779 shares during the period. Finally, Samalin Investment Counsel LLC lifted its holdings in Annaly Capital Management by 3.0% in the first quarter. Samalin Investment Counsel LLC now owns 27,518 shares of the real estate investment trust’s stock valued at $559,000 after acquiring an additional 796 shares during the period. Institutional investors and hedge funds own 51.56% of the company’s stock.

Wall Street Analyst Weigh In

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

Annaly Capital Management Stock Performance

NYSE NLY opened at $21.83 on Wednesday. The stock has a market cap of $14.02 billion, a PE ratio of 21.61, a P/E/G ratio of 5.23 and a beta of 1.24. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.21. Annaly Capital Management Inc has a twelve month low of $16.59 and a twelve month high of $22.45. The stock has a fifty day simple moving average of $20.82 and a 200-day simple moving average of $19.99.

Annaly Capital Management (NYSE:NLY) last announced its earnings results on Wednesday, July 23rd. The real estate investment trust reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.01. Annaly Capital Management had a return on equity of 15.53% and a net margin of 13.76%.The company had revenue of $273.20 million during the quarter, compared to analysts’ expectations of $237.00 million. 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 firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 12.8%. The ex-dividend date of this dividend is Tuesday, September 30th. Annaly Capital Management’s dividend payout ratio (DPR) is 277.23%.

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.