Nomura Asset Management Co. Ltd. Has $3.60 Million Stake in Annaly Capital Management Inc $NLY

Nomura Asset Management Co. Ltd. increased its position in Annaly Capital Management Inc (NYSE:NLY) by 5.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 191,092 shares of the real estate investment trust’s stock after purchasing an additional 10,700 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Annaly Capital Management were worth $3,596,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Private Advisor Group LLC grew its holdings in shares of Annaly Capital Management by 5.6% during the first quarter. Private Advisor Group LLC now owns 107,595 shares of the real estate investment trust’s stock valued at $2,185,000 after buying an additional 5,723 shares during the last quarter. IFP Advisors Inc lifted its position in Annaly Capital Management by 12.7% in the 1st quarter. IFP Advisors Inc now owns 7,576 shares of the real estate investment trust’s stock valued at $154,000 after acquiring an additional 855 shares in the last quarter. Allianz Asset Management GmbH boosted its stake in Annaly Capital Management by 1.1% during the 1st quarter. Allianz Asset Management GmbH now owns 617,483 shares of the real estate investment trust’s stock valued at $12,541,000 after purchasing an additional 6,899 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new stake in Annaly Capital Management during the 1st quarter worth approximately $249,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Annaly Capital Management in the first quarter worth approximately $5,794,000. Institutional investors and hedge funds own 51.56% of the company’s stock.

Annaly Capital Management Trading Up 1.6%

Shares of NLY opened at $21.96 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.11 and a current ratio of 0.09. The firm has a market cap of $15.00 billion, a P/E ratio of 10.17, a price-to-earnings-growth ratio of 6.47 and a beta of 1.27. Annaly Capital Management Inc has a fifty-two week low of $16.59 and a fifty-two week high of $22.45. The business has a 50-day moving average of $21.18 and a 200 day moving average of $20.42.

Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings results on Wednesday, October 22nd. The real estate investment trust reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.01. The company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $493.55 million. Annaly Capital Management had a net margin of 26.68% and a return on equity of 15.96%. As a group, research analysts forecast that Annaly Capital Management Inc will post 2.81 EPS for the current year.

Annaly Capital Management Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th were issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 12.8%. The ex-dividend date of this dividend was Tuesday, September 30th. Annaly Capital Management’s dividend payout ratio (DPR) is presently 129.63%.

Wall Street Analysts Forecast Growth

NLY has been the topic of a number of recent research reports. Weiss Ratings restated a “hold (c)” rating on shares of Annaly Capital Management in a report on Wednesday, October 8th. Royal Bank Of Canada increased their price target on Annaly Capital Management from $21.00 to $23.00 and gave the company an “outperform” rating in a research report on Monday, September 15th. UBS Group lifted their price objective on shares of Annaly Capital Management from $20.00 to $21.00 and gave the stock a “neutral” rating in a report on Wednesday, September 3rd. Jones Trading reiterated a “buy” rating and issued a $22.00 target price on shares of Annaly Capital Management in a research note on Thursday, October 23rd. Finally, Barclays set a $20.00 target price on shares of Annaly Capital Management and gave the company a “cautious” rating in a report on Monday, October 6th. Five equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Annaly Capital Management has a consensus rating of “Hold” and a consensus target price of $21.71.

Annaly Capital Management Company 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.