Voya Investment Management LLC Has $5.30 Million Holdings in Annaly Capital Management Inc $NLY

Voya Investment Management LLC boosted its holdings in shares of Annaly Capital Management Inc (NYSE:NLY) by 283.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 261,016 shares of the real estate investment trust’s stock after buying an additional 192,858 shares during the quarter. Voya Investment Management LLC’s holdings in Annaly Capital Management were worth $5,301,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Focus Partners Wealth grew its position in Annaly Capital Management by 68.4% during the fourth quarter. Focus Partners Wealth now owns 18,148 shares of the real estate investment trust’s stock worth $333,000 after buying an additional 7,371 shares in the last quarter. Nuveen Asset Management LLC lifted its stake in shares of Annaly Capital Management by 28.6% in the 4th quarter. Nuveen Asset Management LLC now owns 1,799,840 shares of the real estate investment trust’s stock valued at $32,937,000 after acquiring an additional 400,710 shares during the last quarter. Quantinno Capital Management LP bought a new position in shares of Annaly Capital Management in the 4th quarter valued at $240,000. ProShare Advisors LLC raised its position in Annaly Capital Management by 20.0% during the 4th quarter. ProShare Advisors LLC now owns 26,227 shares of the real estate investment trust’s stock worth $480,000 after purchasing an additional 4,375 shares during the last quarter. Finally, Rafferty Asset Management LLC raised its position in Annaly Capital Management by 10.8% during the 4th quarter. Rafferty Asset Management LLC now owns 12,802 shares of the real estate investment trust’s stock worth $234,000 after purchasing an additional 1,250 shares during the last quarter. Institutional investors and hedge funds own 51.56% of the company’s stock.

Annaly Capital Management Stock Performance

Shares of NYSE:NLY opened at $21.71 on Friday. Annaly Capital Management Inc has a 12 month low of $16.59 and a 12 month high of $22.45. The company has a market cap of $13.94 billion, a price-to-earnings ratio of 21.49, a price-to-earnings-growth ratio of 5.19 and a beta of 1.24. The company has a 50-day moving average price of $20.90 and a 200-day moving average price of $20.00. 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 (NYSE:NLY) last released its quarterly earnings results 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. Annaly Capital Management had a net margin of 13.76% and a return on equity of 15.53%. The company had revenue of $273.20 million during the quarter, compared to the consensus estimate of $237.00 million. As a group, equities analysts anticipate that Annaly Capital Management Inc will post 2.81 EPS for the current year.

Annaly Capital Management Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th will be issued a dividend of $0.70 per share. The ex-dividend date is Tuesday, September 30th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 12.9%. Annaly Capital Management’s dividend payout ratio is presently 277.23%.

Analyst Upgrades and Downgrades

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

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.