Beacon Financial Advisory LLC Acquires 1,979 Shares of Annaly Capital Management, Inc. (NYSE:NLY)

Beacon Financial Advisory LLC increased its holdings in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 10.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 20,144 shares of the real estate investment trust’s stock after purchasing an additional 1,979 shares during the quarter. Beacon Financial Advisory LLC’s holdings in Annaly Capital Management were worth $369,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Allspring Global Investments Holdings LLC increased its position in shares of Annaly Capital Management by 8.1% during the third quarter. Allspring Global Investments Holdings LLC now owns 17,990,064 shares of the real estate investment trust’s stock worth $361,061,000 after acquiring an additional 1,342,056 shares in the last quarter. State Street Corp boosted its stake in Annaly Capital Management by 1.3% in the 3rd quarter. State Street Corp now owns 17,400,024 shares of the real estate investment trust’s stock worth $360,296,000 after purchasing an additional 223,294 shares during the period. Geode Capital Management LLC increased its holdings in Annaly Capital Management by 2.9% during the 3rd quarter. Geode Capital Management LLC now owns 8,638,216 shares of the real estate investment trust’s stock worth $172,988,000 after purchasing an additional 241,465 shares in the last quarter. KBC Group NV raised its stake in shares of Annaly Capital Management by 238.9% in the 4th quarter. KBC Group NV now owns 5,198,020 shares of the real estate investment trust’s stock valued at $95,124,000 after purchasing an additional 3,664,098 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Annaly Capital Management by 531.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,981,081 shares of the real estate investment trust’s stock valued at $79,900,000 after purchasing an additional 3,350,435 shares in the last quarter. 51.56% of the stock is owned by institutional investors.

Annaly Capital Management Trading Up 0.6 %

Shares of NYSE:NLY opened at $20.66 on Friday. Annaly Capital Management, Inc. has a 52-week low of $17.67 and a 52-week high of $21.11. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.08 and a current ratio of 0.12. The company has a market capitalization of $11.58 billion, a P/E ratio of 12.99 and a beta of 1.52. The company has a 50-day simple moving average of $19.34 and a 200 day simple moving average of $19.70.

Annaly Capital Management (NYSE:NLY) last released its quarterly earnings data on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.05. Annaly Capital Management had a return on equity of 14.95% and a net margin of 20.70%. Sell-side analysts forecast that Annaly Capital Management, Inc. will post 2.72 earnings per share for the current year.

Annaly Capital Management Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st were given a dividend of $0.65 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.60 dividend on an annualized basis and a yield of 12.59%. Annaly Capital Management’s dividend payout ratio (DPR) is 163.52%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on NLY shares. Barclays initiated coverage on Annaly Capital Management in a research report on Monday, January 6th. They issued an “equal weight” rating and a $19.00 target price on the stock. Royal Bank of Canada lifted their price objective on shares of Annaly Capital Management from $21.00 to $22.00 and gave the company an “outperform” rating in a report on Monday, January 27th. JMP Securities restated a “market perform” rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. Argus upgraded shares of 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. Finally, JPMorgan Chase & Co. increased their price objective on shares of Annaly Capital Management from $19.00 to $21.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $21.44.

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.