Campbell & CO Investment Adviser LLC Makes New Investment in Annaly Capital Management Inc $NLY

Campbell & CO Investment Adviser LLC bought a new position in shares of Annaly Capital Management Inc (NYSE:NLY) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 69,106 shares of the real estate investment trust’s stock, valued at approximately $1,301,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of NLY. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Annaly Capital Management by 20.1% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 530,245 shares of the real estate investment trust’s stock valued at $9,979,000 after acquiring an additional 88,670 shares during the last quarter. Aviva PLC boosted its position in Annaly Capital Management by 20.2% in the second quarter. Aviva PLC now owns 445,429 shares of the real estate investment trust’s stock worth $8,383,000 after purchasing an additional 74,991 shares during the last quarter. JCSD Capital LLC bought a new position in Annaly Capital Management in the 2nd quarter valued at $941,000. Summit Investment Advisors Inc. increased its position in shares of Annaly Capital Management by 1.4% during the 1st quarter. Summit Investment Advisors Inc. now owns 113,795 shares of the real estate investment trust’s stock valued at $2,311,000 after purchasing an additional 1,520 shares during the last quarter. Finally, Fox Run Management L.L.C. purchased a new stake in shares of Annaly Capital Management during the 2nd quarter valued at $1,153,000. Hedge funds and other institutional investors own 51.56% of the company’s stock.

Annaly Capital Management Price Performance

Shares of NYSE NLY opened at $22.00 on Wednesday. The stock has a market cap of $15.03 billion, a PE ratio of 10.19, a price-to-earnings-growth ratio of 6.47 and a beta of 1.27. Annaly Capital Management Inc has a fifty-two week low of $16.59 and a fifty-two week high of $22.45. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.11 and a current ratio of 0.09. The stock has a fifty day moving average of $21.23 and a 200-day moving average of $20.31.

Annaly Capital Management (NYSE:NLY) last issued its quarterly earnings data on Wednesday, October 22nd. The real estate investment trust reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.01. Annaly Capital Management had a return on equity of 15.96% and a net margin of 26.68%.The business had revenue of $885.58 million for the quarter, compared to analysts’ expectations of $493.55 million. Equities research analysts anticipate that Annaly Capital Management Inc will post 2.81 earnings per share for the current year.

Annaly Capital Management Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th were given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 12.7%. The ex-dividend date was Tuesday, September 30th. Annaly Capital Management’s dividend payout ratio (DPR) is 129.63%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. UBS Group increased their price target on shares of Annaly Capital Management from $20.00 to $21.00 and gave the company a “neutral” rating in a research report on Wednesday, September 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Annaly Capital Management in a research note on Wednesday, October 8th. JPMorgan Chase & Co. raised their price target on shares of Annaly Capital Management from $21.00 to $22.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Barclays set a $20.00 price target on shares of Annaly Capital Management and gave the stock a “cautious” rating in a report on Monday, October 6th. Finally, Royal Bank Of Canada increased their price objective on Annaly Capital Management from $21.00 to $23.00 and gave the company an “outperform” rating in a report on Monday, September 15th. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $21.71.

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.