Universal Beteiligungs und Servicegesellschaft mbH Purchases 45,670 Shares of Annaly Capital Management Inc $NLY

Universal Beteiligungs und Servicegesellschaft mbH grew its position in shares of Annaly Capital Management Inc (NYSE:NLY) by 16.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 330,971 shares of the real estate investment trust’s stock after buying an additional 45,670 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.05% of Annaly Capital Management worth $6,229,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Kingstone Capital Partners Texas LLC bought a new stake in Annaly Capital Management during the second quarter worth $100,216,000. Goldman Sachs Group Inc. grew its stake in Annaly Capital Management by 833.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,920,617 shares of the real estate investment trust’s stock valued at $59,318,000 after purchasing an additional 2,607,784 shares during the period. Nuveen LLC purchased a new stake in shares of Annaly Capital Management during the 1st quarter valued at $37,580,000. Vanguard Group Inc. raised its stake in shares of Annaly Capital Management by 3.0% during the 1st quarter. Vanguard Group Inc. now owns 56,356,579 shares of the real estate investment trust’s stock worth $1,144,602,000 after purchasing an additional 1,634,883 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in shares of Annaly Capital Management by 6.8% in the 2nd quarter. Geode Capital Management LLC now owns 14,926,231 shares of the real estate investment trust’s stock worth $280,535,000 after buying an additional 949,260 shares during the last quarter. 51.56% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

NLY has been the topic of several research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Annaly Capital Management in a research report on Wednesday, October 8th. Keefe, Bruyette & Woods raised their price target on shares of Annaly Capital Management from $20.50 to $21.50 and gave the stock an “outperform” rating in a research note on Friday, July 25th. Zacks Research downgraded Annaly Capital Management from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Barclays set a $20.00 target price on Annaly Capital Management and gave the stock a “cautious” rating in a research report on Monday, October 6th. Finally, Royal Bank Of Canada lifted their price objective on Annaly Capital Management from $21.00 to $23.00 and gave the stock an “outperform” rating in a report on Monday, September 15th. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $21.71.

Annaly Capital Management Stock Performance

NYSE:NLY opened at $21.96 on Friday. The business’s fifty day moving average is $21.18 and its 200 day moving average is $20.42. The firm has a market cap of $15.00 billion, a price-to-earnings ratio of 10.17, a PEG ratio of 6.47 and a beta of 1.27. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.11 and a current ratio of 0.09. Annaly Capital Management Inc has a 52-week low of $16.59 and a 52-week high of $22.45.

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

Annaly Capital Management Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th were paid a $0.70 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $2.80 annualized dividend and a yield of 12.8%. Annaly Capital Management’s payout ratio is currently 129.63%.

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.