Livforsakringsbolaget Skandia Omsesidigt Has $48,000 Stake in Annaly Capital Management, Inc. (NYSE:NLY)

Livforsakringsbolaget Skandia Omsesidigt raised its stake in Annaly Capital Management, Inc. (NYSE:NLY) by 470.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,403 shares of the real estate investment trust’s stock after purchasing an additional 1,982 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Annaly Capital Management were worth $48,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Selway Asset Management acquired a new position in shares of Annaly Capital Management in the third quarter valued at $26,000. Lazard Asset Management LLC increased its holdings in shares of Annaly Capital Management by 1,834.5% in the fourth quarter. Lazard Asset Management LLC now owns 1,683 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 1,596 shares during the last quarter. Central Bank & Trust Co. acquired a new position in shares of Annaly Capital Management in the fourth quarter valued at $34,000. BluePath Capital Management LLC acquired a new position in shares of Annaly Capital Management in the third quarter valued at $34,000. Finally, NBC Securities Inc. acquired a new position in shares of Annaly Capital Management in the third quarter valued at $38,000. 51.56% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO David L. Finkelstein sold 50,000 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $19.03, for a total transaction of $951,500.00. Following the completion of the sale, the chief executive officer now owns 662,469 shares of the company’s stock, valued at $12,606,785.07. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.21% of the stock is currently owned by company insiders.

Annaly Capital Management Trading Up 1.4 %

NLY opened at $18.24 on Friday. Annaly Capital Management, Inc. has a twelve month low of $14.52 and a twelve month high of $21.07. The company has a 50-day simple moving average of $19.11 and a 200 day simple moving average of $18.60. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.40.

Annaly Capital Management Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Thursday, March 28th will be given a dividend of $0.65 per share. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $2.60 annualized dividend and a yield of 14.26%. Annaly Capital Management’s dividend payout ratio is -72.02%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on NLY shares. Royal Bank of Canada reiterated an “outperform” rating and issued a $21.00 price objective on shares of Annaly Capital Management in a report on Monday, February 12th. StockNews.com raised shares of Annaly Capital Management from a “sell” rating to a “hold” rating in a research report on Saturday, January 27th. Jonestrading boosted their target price on shares of Annaly Capital Management from $18.00 to $21.00 and gave the company a “buy” rating in a research report on Thursday, February 8th. JMP Securities reissued a “market perform” rating on shares of Annaly Capital Management in a research report on Thursday. Finally, Keefe, Bruyette & Woods reissued an “outperform” rating and issued a $21.50 target price on shares of Annaly Capital Management in a research report on Wednesday, March 27th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Annaly Capital Management has an average rating of “Moderate Buy” and an average target price of $21.19.

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.