Annaly Capital Management Inc $NLY Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC increased its position in Annaly Capital Management Inc (NYSE:NLY) by 25.4% in the 1st quarter, Holdings Channel reports. The firm owned 277,899 shares of the real estate investment trust’s stock after buying an additional 56,350 shares during the period. SG Americas Securities LLC’s holdings in Annaly Capital Management were worth $5,878,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the company. Koshinski Asset Management Inc. grew its stake in Annaly Capital Management by 1.9% during the 4th quarter. Koshinski Asset Management Inc. now owns 24,513 shares of the real estate investment trust’s stock worth $548,000 after buying an additional 463 shares during the last quarter. Fourth Dimension Wealth LLC lifted its stake in Annaly Capital Management by 76.9% in the fourth quarter. Fourth Dimension Wealth LLC now owns 1,150 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 500 shares during the last quarter. GWN Securities Inc. boosted its holdings in shares of Annaly Capital Management by 5.0% in the fourth quarter. GWN Securities Inc. now owns 10,811 shares of the real estate investment trust’s stock valued at $242,000 after acquiring an additional 514 shares during the period. Quadrant Capital Group LLC boosted its holdings in shares of Annaly Capital Management by 1.4% in the third quarter. Quadrant Capital Group LLC now owns 39,282 shares of the real estate investment trust’s stock valued at $794,000 after acquiring an additional 524 shares during the period. Finally, Jupiter Wealth Management LLC grew its position in shares of Annaly Capital Management by 3.4% during the second quarter. Jupiter Wealth Management LLC now owns 16,621 shares of the real estate investment trust’s stock worth $347,000 after acquiring an additional 551 shares during the last quarter. 51.56% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on NLY shares. Wall Street Zen upgraded shares of Annaly Capital Management from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Piper Sandler lowered their price objective on shares of Annaly Capital Management from $25.00 to $22.00 and set an “overweight” rating on the stock in a research report on Thursday, April 2nd. Royal Bank Of Canada restated an “outperform” rating and issued a $25.00 price objective on shares of Annaly Capital Management in a research note on Wednesday, June 3rd. JonesTrading reiterated a “buy” rating and set a $25.00 target price on shares of Annaly Capital Management in a research note on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. raised their price target on Annaly Capital Management from $23.00 to $24.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $24.11.

Annaly Capital Management Trading Down 0.1%

NLY stock opened at $22.92 on Monday. The company’s 50-day moving average price is $22.07 and its 200 day moving average price is $22.45. Annaly Capital Management Inc has a 52 week low of $18.64 and a 52 week high of $24.52. The company has a market cap of $16.79 billion, a P/E ratio of 7.74, a P/E/G ratio of 7.01 and a beta of 1.17.

Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings results on Tuesday, April 21st. The real estate investment trust reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.02. The company had revenue of $341.56 million during the quarter, compared to the consensus estimate of $595.27 million. Annaly Capital Management had a net margin of 34.33% and a return on equity of 15.92%. On average, equities research analysts expect that Annaly Capital Management Inc will post 2.98 earnings per share for the current year.

Annaly Capital Management Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.75 per share. The ex-dividend date is Tuesday, June 30th. This is a positive change from Annaly Capital Management’s previous quarterly dividend of $0.70. This represents a $3.00 dividend on an annualized basis and a yield of 13.1%. Annaly Capital Management’s dividend payout ratio (DPR) is presently 94.59%.

Annaly Capital Management Company Profile

Annaly Capital Management, Inc is a publicly traded real estate investment trust (REIT) that specializes in generating income through investment in mortgage-related assets. The company’s core business activities include the acquisition, financing, and management of a diversified portfolio of agency and non-agency residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), and other real estate debt instruments. Annaly seeks to profit from the spread between the interest earned on its mortgage investments and its cost of funds, as well as from capital gains realized through active portfolio management.

Founded in 1997 and headquartered in New York City, Annaly has grown to become one of the largest mortgage REITs in the United States.