Asset Management One Co. Ltd. Has $4.38 Million Stock Position in Annaly Capital Management Inc $NLY

Asset Management One Co. Ltd. grew its position in Annaly Capital Management Inc (NYSE:NLY) by 3.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 232,648 shares of the real estate investment trust’s stock after buying an additional 8,694 shares during the period. Asset Management One Co. Ltd.’s holdings in Annaly Capital Management were worth $4,378,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in NLY. Kingstone Capital Partners Texas LLC bought a new stake in Annaly Capital Management in the 2nd quarter valued at $100,216,000. Goldman Sachs Group Inc. lifted its position in Annaly Capital Management by 833.6% in the 1st 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 acquiring an additional 2,607,784 shares in the last quarter. Nuveen LLC bought a new stake in Annaly Capital Management in the 1st quarter valued at $37,580,000. Vanguard Group Inc. lifted its position in Annaly Capital Management by 3.0% in the 1st quarter. Vanguard Group Inc. now owns 56,356,579 shares of the real estate investment trust’s stock valued at $1,144,602,000 after acquiring an additional 1,634,883 shares in the last quarter. Finally, Great Lakes Advisors LLC bought a new stake in Annaly Capital Management in the 1st quarter valued at $16,500,000. 51.56% of the stock is owned by institutional investors.

Annaly Capital Management Trading Down 0.5%

Shares of NYSE:NLY opened at $21.06 on Wednesday. The company’s 50-day moving average price is $21.15 and its two-hundred day moving average price is $20.06. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.09 and a quick ratio of 0.11. Annaly Capital Management Inc has a one year low of $16.59 and a one year high of $22.45. The stock has a market capitalization of $13.52 billion, a PE ratio of 9.75, a price-to-earnings-growth ratio of 5.01 and a beta of 1.25.

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

Annaly Capital Management Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 13.3%. The ex-dividend date of this dividend is Tuesday, September 30th. Annaly Capital Management’s dividend payout ratio is presently 129.63%.

Analyst Ratings Changes

Several research firms recently commented on NLY. JPMorgan Chase & Co. boosted their price objective on shares of Annaly Capital Management from $21.00 to $22.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Barclays set a $20.00 price objective on shares of Annaly Capital Management and gave the company a “cautious” rating in a research report on Monday, October 6th. 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. Weiss Ratings reissued a “hold (c)” rating on shares of Annaly Capital Management in a research report on Wednesday, October 8th. Finally, Keefe, Bruyette & Woods boosted their price target 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. Six equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price 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.