Values First Advisors Inc. Raises Stock Position in Annaly Capital Management, Inc. (NYSE:NLY)

Values First Advisors Inc. raised its holdings in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 17.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,809 shares of the real estate investment trust’s stock after buying an additional 3,812 shares during the quarter. Values First Advisors Inc.’s holdings in Annaly Capital Management were worth $500,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Reitz Capital Advisors LLC grew its holdings in shares of Annaly Capital Management by 16.3% during the fourth quarter. Reitz Capital Advisors LLC now owns 12,912 shares of the real estate investment trust’s stock worth $250,000 after buying an additional 1,813 shares in the last quarter. PFG Investments LLC boosted its position in shares of Annaly Capital Management by 69.1% during the 4th quarter. PFG Investments LLC now owns 36,042 shares of the real estate investment trust’s stock valued at $698,000 after acquiring an additional 14,728 shares during the last quarter. Silverberg Bernstein Capital Management LLC acquired a new position in shares of Annaly Capital Management during the 4th quarter valued at about $217,000. Armstrong Advisory Group Inc. boosted its position in shares of Annaly Capital Management by 58.3% during the 4th quarter. Armstrong Advisory Group Inc. now owns 7,304 shares of the real estate investment trust’s stock valued at $141,000 after acquiring an additional 2,689 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its position in shares of Annaly Capital Management by 79.2% during the 4th quarter. Pacer Advisors Inc. now owns 74,215 shares of the real estate investment trust’s stock valued at $1,438,000 after acquiring an additional 32,792 shares during the last quarter. Hedge funds and other institutional investors own 51.56% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on NLY shares. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and issued a $21.50 target price on shares of Annaly Capital Management in a research report on Wednesday. Jonestrading upped their target price on shares of Annaly Capital Management from $18.00 to $21.00 and gave the company a “buy” rating in a research report on Thursday, February 8th. StockNews.com raised shares of Annaly Capital Management from a “sell” rating to a “hold” rating in a research report on Saturday, January 27th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $21.00 target price on shares of Annaly Capital Management in a research report on Monday, February 12th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $19.00 target price on shares of Annaly Capital Management in a research report on Wednesday, December 6th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $21.07.

Insider Buying and Selling at Annaly Capital Management

In other Annaly Capital Management news, CEO David L. Finkelstein sold 50,000 shares of the stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $19.03, for a total value of $951,500.00. Following the transaction, the chief executive officer now directly owns 662,469 shares in the company, valued at $12,606,785.07. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.31% of the stock is currently owned by insiders.

Annaly Capital Management Stock Up 1.2 %

Shares of NLY stock traded up $0.23 during trading hours on Thursday, reaching $19.68. 3,380,238 shares of the stock were exchanged, compared to its average volume of 3,732,879. The business’s fifty day moving average is $19.26 and its two-hundred day moving average is $18.71. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.22 and a quick ratio of 1.22. Annaly Capital Management, Inc. has a 12-month low of $14.52 and a 12-month high of $21.07. The firm has a market capitalization of $9.84 billion, a P/E ratio of -5.38 and a beta of 1.54.

Annaly Capital Management Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Thursday, March 28th will be paid a dividend of $0.65 per share. The ex-dividend date is Wednesday, March 27th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 13.21%. Annaly Capital Management’s payout ratio is -72.02%.

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.