Ameritas Investment Partners Inc. Grows Stock Holdings in Annaly Capital Management Inc $NLY

Ameritas Investment Partners Inc. increased its holdings in shares of Annaly Capital Management Inc (NYSE:NLY) by 3.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 117,484 shares of the real estate investment trust’s stock after purchasing an additional 3,689 shares during the period. Ameritas Investment Partners Inc.’s holdings in Annaly Capital Management were worth $2,211,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NLY. Financial Gravity Companies Inc. acquired a new stake in Annaly Capital Management during the 2nd quarter worth about $25,000. Twin Tree Management LP acquired a new stake in Annaly Capital Management during the first quarter worth about $29,000. Assetmark Inc. raised its position in Annaly Capital Management by 97.5% during the second quarter. Assetmark Inc. now owns 2,411 shares of the real estate investment trust’s stock valued at $45,000 after acquiring an additional 1,190 shares in the last quarter. Bogart Wealth LLC lifted its holdings in Annaly Capital Management by 416.7% in the second quarter. Bogart Wealth LLC now owns 2,480 shares of the real estate investment trust’s stock valued at $47,000 after acquiring an additional 2,000 shares during the period. Finally, Quarry LP boosted its position in Annaly Capital Management by 105.9% in the 1st quarter. Quarry LP now owns 2,496 shares of the real estate investment trust’s stock worth $51,000 after purchasing an additional 1,284 shares in the last quarter. 51.56% of the stock is currently owned by institutional investors and hedge funds.

Annaly Capital Management Stock Performance

Shares of NYSE:NLY opened at $22.45 on Wednesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.09 and a quick ratio of 0.11. The business’s 50 day moving average price is $21.19 and its 200-day moving average price is $20.48. The firm has a market capitalization of $15.33 billion, a PE ratio of 10.39, a P/E/G ratio of 6.47 and a beta of 1.27. Annaly Capital Management Inc has a 1 year low of $16.59 and a 1 year high of $22.46.

Annaly Capital Management (NYSE:NLY) last posted 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 firm had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $493.55 million. Annaly Capital Management had a return on equity of 15.96% and a net margin of 26.68%. As a group, equities research analysts expect that Annaly Capital Management Inc will post 2.81 earnings per share for the current fiscal year.

Annaly Capital Management Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th were given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 12.5%. The ex-dividend date was Tuesday, September 30th. Annaly Capital Management’s dividend payout ratio is 129.63%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on NLY shares. Piper Sandler set a $22.50 target price on shares of Annaly Capital Management and gave the company an “overweight” rating in a report on Wednesday, October 8th. UBS Group upped their price objective on shares of Annaly Capital Management from $20.00 to $21.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 3rd. Jones Trading reissued a “buy” rating and set a $22.00 target price on shares of Annaly Capital Management in a research note on Thursday, October 23rd. Barclays set a $20.00 price target on Annaly Capital Management and gave the company a “cautious” rating in a research note on Monday, October 6th. Finally, JPMorgan Chase & Co. upped their price target on Annaly Capital Management from $21.00 to $22.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $21.71.

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.