Annaly Capital Management, Inc. (NYSE:NLY) Shares Acquired by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. increased its holdings in Annaly Capital Management, Inc. (NYSE:NLY) by 21.1% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 14,154 shares of the real estate investment trust’s stock after acquiring an additional 2,469 shares during the period. Stratos Wealth Partners LTD.’s holdings in Annaly Capital Management were worth $259,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NLY. Avior Wealth Management LLC grew its stake in shares of Annaly Capital Management by 209.9% in the third quarter. Avior Wealth Management LLC now owns 1,255 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 850 shares in the last quarter. Blue Trust Inc. boosted its holdings in Annaly Capital Management by 78.5% during the 4th quarter. Blue Trust Inc. now owns 1,630 shares of the real estate investment trust’s stock valued at $33,000 after acquiring an additional 717 shares during the period. Toth Financial Advisory Corp grew its position in Annaly Capital Management by 31.8% in the 3rd quarter. Toth Financial Advisory Corp now owns 2,390 shares of the real estate investment trust’s stock valued at $48,000 after acquiring an additional 576 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of Annaly Capital Management by 65.7% in the fourth quarter. UMB Bank n.a. now owns 2,598 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 1,030 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC increased its stake in Annaly Capital Management by 68.1% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 2,962 shares of the real estate investment trust’s stock worth $56,000 after buying an additional 1,200 shares during the period. Institutional investors and hedge funds own 51.56% of the company’s stock.

Annaly Capital Management Trading Up 1.2 %

Shares of Annaly Capital Management stock opened at $20.94 on Friday. The company has a quick ratio of 0.08, a current ratio of 0.12 and a debt-to-equity ratio of 0.22. The company’s 50-day simple moving average is $19.43 and its 200-day simple moving average is $19.73. Annaly Capital Management, Inc. has a 52-week low of $17.67 and a 52-week high of $21.11. The firm has a market cap of $11.74 billion, a price-to-earnings ratio of 13.17, a price-to-earnings-growth ratio of 4.66 and a beta of 1.52.

Annaly Capital Management (NYSE:NLY) last announced its quarterly earnings results 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 net margin of 20.70% and a return on equity of 14.95%. As a group, equities research analysts anticipate that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current year.

Annaly Capital Management Announces Dividend

The company also recently announced 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 was Tuesday, December 31st. This represents a $2.60 dividend on an annualized basis and a yield of 12.42%. Annaly Capital Management’s payout ratio is 163.52%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on NLY. Barclays started coverage on Annaly Capital Management in a report on Monday, January 6th. They set an “equal weight” rating and a $19.00 price target on the stock. JPMorgan Chase & Co. boosted their target price on Annaly Capital Management from $19.00 to $21.00 and gave the company an “overweight” rating in a report on Friday, January 31st. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $22.00 target price on shares of Annaly Capital Management in a report on Monday. Argus upgraded shares of Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a research note on Thursday, October 31st. Finally, JMP Securities restated a “market perform” rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Annaly Capital Management presently has a consensus rating of “Moderate Buy” and a consensus target price 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.