ClearAlpha Technologies LP Grows Stock Position in Annaly Capital Management, Inc. (NYSE:NLY)

ClearAlpha Technologies LP raised its position in Annaly Capital Management, Inc. (NYSE:NLY) by 10.2% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 67,197 shares of the real estate investment trust’s stock after buying an additional 6,218 shares during the quarter. ClearAlpha Technologies LP’s holdings in Annaly Capital Management were worth $1,349,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD increased its stake in shares of Annaly Capital Management by 52.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 425,420 shares of the real estate investment trust’s stock worth $8,377,000 after acquiring an additional 145,887 shares during the period. Tidal Investments LLC boosted its holdings in Annaly Capital Management by 13.2% in the 1st quarter. Tidal Investments LLC now owns 19,072 shares of the real estate investment trust’s stock valued at $376,000 after purchasing an additional 2,229 shares in the last quarter. DekaBank Deutsche Girozentrale increased its position in Annaly Capital Management by 1.1% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 70,717 shares of the real estate investment trust’s stock worth $1,376,000 after purchasing an additional 791 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of Annaly Capital Management by 107.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,077 shares of the real estate investment trust’s stock worth $39,000 after buying an additional 1,076 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in shares of Annaly Capital Management by 68.6% in the 2nd quarter. GAMMA Investing LLC now owns 3,459 shares of the real estate investment trust’s stock valued at $66,000 after buying an additional 1,408 shares during the period. Hedge funds and other institutional investors own 51.56% of the company’s stock.

Annaly Capital Management Price Performance

NLY stock opened at $19.93 on Monday. The company’s 50 day simple moving average is $19.72 and its 200-day simple moving average is $19.85. Annaly Capital Management, Inc. has a 12 month low of $17.67 and a 12 month high of $21.11. The firm has a market capitalization of $11.17 billion, a PE ratio of -284.71 and a beta of 1.52.

Annaly Capital Management (NYSE:NLY) last announced its earnings results on Wednesday, October 23rd. The real estate investment trust reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.01). Annaly Capital Management had a net margin of 2.59% and a return on equity of 14.75%. The company had revenue of $1.23 billion for the quarter, compared to analyst estimates of $212.00 million. During the same quarter last year, the company posted $0.66 EPS. As a group, sell-side analysts anticipate that Annaly Capital Management, Inc. will post 2.65 earnings per share for the current year.

Annaly Capital Management Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Monday, September 30th were given a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 13.05%. The ex-dividend date of this dividend was Monday, September 30th. Annaly Capital Management’s dividend payout ratio is presently -3,714.29%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on NLY. JMP Securities reaffirmed a “market perform” rating on shares of Annaly Capital Management in a report on Wednesday, August 28th. Wells Fargo & Company upgraded shares of Annaly Capital Management from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $19.00 to $23.00 in a research report on Friday, September 20th. JPMorgan Chase & Co. dropped their target price on shares of Annaly Capital Management from $22.00 to $21.00 and set an “overweight” rating for the company in a report on Friday, October 25th. Finally, Argus raised Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research note on Thursday, October 31st. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Annaly Capital Management currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.33.

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.