Annaly Capital Management Inc $NLY Shares Sold by Signaturefd LLC

Signaturefd LLC lowered its stake in shares of Annaly Capital Management Inc (NYSE:NLY) by 23.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,829 shares of the real estate investment trust’s stock after selling 2,424 shares during the period. Signaturefd LLC’s holdings in Annaly Capital Management were worth $147,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Inlight Wealth Management LLC acquired a new position in Annaly Capital Management during the first quarter worth $25,000. Financial Gravity Asset Management Inc. acquired a new position in Annaly Capital Management during the first quarter worth $28,000. Twin Tree Management LP acquired a new position in Annaly Capital Management during the first quarter worth $29,000. MCF Advisors LLC boosted its stake in Annaly Capital Management by 1,087.1% during the first quarter. MCF Advisors LLC now owns 1,745 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 1,598 shares during the last quarter. Finally, Smallwood Wealth Investment Management LLC acquired a new position in Annaly Capital Management during the first quarter worth $36,000. Institutional investors and hedge funds own 51.56% of the company’s stock.

Annaly Capital Management Price Performance

Shares of NYSE NLY opened at $20.75 on Friday. The stock’s 50-day moving average is $21.08 and its two-hundred day moving average is $19.95. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.11 and a quick ratio of 0.11. Annaly Capital Management Inc has a 1-year low of $16.59 and a 1-year high of $22.45. The company has a market cap of $13.32 billion, a price-to-earnings ratio of 20.55, a price-to-earnings-growth ratio of 4.91 and a beta of 1.25.

Annaly Capital Management (NYSE:NLY) last issued its quarterly earnings results on Wednesday, July 23rd. The real estate investment trust reported $0.73 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $237.00 million. Analysts forecast that Annaly Capital Management Inc will post 2.81 EPS for the current fiscal year.

Annaly Capital Management Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders 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 annualized dividend and a yield of 13.5%. Annaly Capital Management’s dividend payout ratio is 277.23%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Royal Bank Of Canada boosted their price objective on Annaly Capital Management from $21.00 to $23.00 and gave the stock an “outperform” rating in a research note on Monday, September 15th. Keefe, Bruyette & Woods upped their price target on Annaly Capital Management from $20.50 to $21.50 and gave the company an “outperform” rating in a research note on Friday, July 25th. Jones Trading reaffirmed a “buy” rating and issued a $21.00 price target on shares of Annaly Capital Management in a research note on Thursday, July 24th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Annaly Capital Management in a research note on Saturday, September 27th. Finally, UBS Group upped their price target on Annaly Capital Management from $20.00 to $21.00 and gave the company a “neutral” rating in a research note on Wednesday, September 3rd. Six equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $20.81.

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.