22,253 Shares in Annaly Capital Management, Inc. (NYSE:NLY) Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new position in Annaly Capital Management, Inc. (NYSE:NLY) during the fourth quarter, HoldingsChannel reports. The firm bought 22,253 shares of the real estate investment trust’s stock, valued at approximately $407,000.

Other large investors also recently modified their holdings of the company. Avior Wealth Management LLC lifted its holdings in shares of Annaly Capital Management by 209.9% in the 3rd quarter. Avior Wealth Management LLC now owns 1,255 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 850 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Annaly Capital Management by 78.5% in the 4th quarter. Blue Trust Inc. now owns 1,630 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 717 shares in the last quarter. UMB Bank n.a. lifted its holdings in shares of Annaly Capital Management by 65.7% in the 4th quarter. UMB Bank n.a. now owns 2,598 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 1,030 shares in the last quarter. Wolverine Asset Management LLC bought a new position in Annaly Capital Management during the 4th quarter valued at $50,000. Finally, Bartlett & CO. Wealth Management LLC lifted 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 valued at $56,000 after acquiring an additional 1,200 shares in the last quarter. 51.56% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

NLY has been the topic of several recent analyst reports. JPMorgan Chase & Co. raised their price objective on Annaly Capital Management from $19.00 to $21.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Royal Bank of Canada restated an “outperform” rating and set a $22.00 price objective on shares of Annaly Capital Management in a research note on Monday, February 10th. JMP Securities restated a “market perform” rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. Finally, Barclays initiated coverage on Annaly Capital Management in a research note on Monday, January 6th. They set an “equal weight” rating and a $19.00 price objective on the stock. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $21.44.

Annaly Capital Management Price Performance

NYSE NLY opened at $21.67 on Tuesday. The stock has a market capitalization of $12.54 billion, a price-to-earnings ratio of 13.63, a PEG ratio of 4.89 and a beta of 1.53. Annaly Capital Management, Inc. has a one year low of $17.67 and a one year high of $22.11. The business’s fifty day moving average is $20.20 and its 200-day moving average is $19.93.

Annaly Capital Management (NYSE:NLY) last released its earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 EPS for the quarter, topping 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%. Research analysts expect that Annaly Capital Management, Inc. will post 2.81 EPS for the current fiscal year.

Annaly Capital Management 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.