Atria Wealth Solutions Inc. Raises Position in Annaly Capital Management, Inc. (NYSE:NLY)

Atria Wealth Solutions Inc. raised its stake in Annaly Capital Management, Inc. (NYSE:NLYFree Report) by 11.6% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 107,299 shares of the real estate investment trust’s stock after buying an additional 11,133 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Annaly Capital Management were worth $2,031,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of Montreal Can boosted its stake in Annaly Capital Management by 24.0% during the 1st quarter. Bank of Montreal Can now owns 381,525 shares of the real estate investment trust’s stock valued at $2,828,000 after purchasing an additional 73,892 shares during the period. MetLife Investment Management LLC acquired a new position in shares of Annaly Capital Management during the first quarter worth approximately $199,000. Rhumbline Advisers boosted its position in shares of Annaly Capital Management by 3.3% during the first quarter. Rhumbline Advisers now owns 1,185,123 shares of the real estate investment trust’s stock worth $8,343,000 after buying an additional 37,762 shares during the period. Yousif Capital Management LLC grew its holdings in Annaly Capital Management by 6.6% in the 1st quarter. Yousif Capital Management LLC now owns 97,368 shares of the real estate investment trust’s stock worth $685,000 after buying an additional 6,043 shares in the last quarter. Finally, Cibc World Market Inc. acquired a new stake in Annaly Capital Management in the 1st quarter valued at approximately $163,000. Institutional investors and hedge funds own 49.16% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Keefe, Bruyette & Woods boosted their price target on Annaly Capital Management from $17.00 to $21.50 and gave the stock an “outperform” rating in a research report on Wednesday, December 13th. StockNews.com raised shares of Annaly Capital Management from a “sell” rating to a “hold” rating in a research note on Saturday, January 27th. UBS Group reaffirmed a “neutral” rating and issued a $19.00 price target on shares of Annaly Capital Management in a research note on Wednesday, December 6th. Royal Bank of Canada raised their price objective on shares of Annaly Capital Management from $18.00 to $21.00 and gave the company an “outperform” rating in a research note on Friday, January 5th. Finally, Jonestrading boosted their target price on Annaly Capital Management from $18.00 to $21.00 and gave the stock a “buy” rating in a report on Thursday. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $21.07.

Read Our Latest Research Report on NLY

Annaly Capital Management Stock Up 0.6 %

NYSE NLY opened at $18.92 on Friday. Annaly Capital Management, Inc. has a 12 month low of $14.52 and a 12 month high of $21.97. The company has a current ratio of 0.12, a quick ratio of 1.11 and a debt-to-equity ratio of 1.40. The company’s 50 day simple moving average is $19.34 and its 200 day simple moving average is $18.84.

Annaly Capital Management Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Friday, December 29th were given a dividend of $0.65 per share. The ex-dividend date was Thursday, December 28th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 13.74%. Annaly Capital Management’s dividend payout ratio (DPR) is presently -72.02%.

About Annaly Capital Management

(Free Report)

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; residential mortgage loans; and agency or private label credit risk transfer securities.

Further Reading

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Institutional Ownership by Quarter for Annaly Capital Management (NYSE:NLY)

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