14,584 Shares in Annaly Capital Management Inc $NLY Acquired by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. acquired a new position in Annaly Capital Management Inc (NYSE:NLY) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 14,584 shares of the real estate investment trust’s stock, valued at approximately $274,000.

Other institutional investors also recently modified their holdings of the company. Financial Gravity Asset Management Inc. purchased a new stake in Annaly Capital Management in the first quarter worth approximately $28,000. Twin Tree Management LP purchased a new stake in Annaly Capital Management in the first quarter worth approximately $29,000. MCF Advisors LLC boosted its stake in Annaly Capital Management by 1,087.1% in 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 in the last quarter. Smallwood Wealth Investment Management LLC purchased a new stake in Annaly Capital Management in the first quarter worth approximately $36,000. Finally, Quarry LP boosted its stake in Annaly Capital Management by 105.9% in the first quarter. Quarry LP now owns 2,496 shares of the real estate investment trust’s stock worth $51,000 after buying an additional 1,284 shares in the last quarter. 51.56% of the stock is currently owned by institutional investors.

Annaly Capital Management Stock Performance

Shares of Annaly Capital Management stock opened at $20.96 on Friday. The company has a current ratio of 0.09, a quick ratio of 0.11 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $13.46 billion, a P/E ratio of 9.70, a P/E/G ratio of 4.96 and a beta of 1.25. The business has a fifty day simple moving average of $21.13 and a two-hundred day simple moving average of $20.01. Annaly Capital Management Inc has a 12 month low of $16.59 and a 12 month high of $22.45.

Annaly Capital Management (NYSE:NLY) last announced its quarterly earnings data on Wednesday, October 22nd. The real estate investment trust reported $0.73 EPS for the quarter, beating the consensus estimate of $0.72 by $0.01. The business had revenue of $885.58 million during the quarter, compared to analyst estimates of $493.55 million. Annaly Capital Management had a return on equity of 15.96% and a net margin of 26.68%. On average, equities analysts forecast that Annaly Capital Management Inc will post 2.81 earnings per share for the current fiscal year.

Annaly Capital Management Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, September 30th will be paid a dividend of $0.70 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $2.80 annualized dividend and a yield of 13.4%. Annaly Capital Management’s payout ratio is presently 129.63%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on NLY shares. Zacks Research lowered Annaly Capital Management from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Jones Trading reissued a “buy” rating and set a $22.00 price objective on shares of Annaly Capital Management in a research note on Thursday. Royal Bank Of Canada increased their price objective on Annaly Capital Management from $21.00 to $23.00 and gave the company an “outperform” rating in a research note on Monday, September 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Annaly Capital Management in a research note on Friday. Finally, Keefe, Bruyette & Woods increased their price objective 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. Six investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Annaly Capital Management has an average rating of “Hold” and a consensus price target of $21.63.

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.