Yousif Capital Management LLC Has $4.92 Million Position in Annaly Capital Management, Inc. (NYSE:NLY)

Yousif Capital Management LLC reduced its holdings in Annaly Capital Management, Inc. (NYSE:NLY) by 1.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 254,180 shares of the real estate investment trust’s stock after selling 2,999 shares during the period. Yousif Capital Management LLC owned 0.05% of Annaly Capital Management worth $4,923,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Selway Asset Management acquired a new position in shares of Annaly Capital Management during the 3rd quarter worth about $26,000. GAMMA Investing LLC acquired a new position in shares of Annaly Capital Management during the 4th quarter worth about $33,000. BluePath Capital Management LLC acquired a new position in shares of Annaly Capital Management during the 3rd quarter worth about $34,000. Central Bank & Trust Co. acquired a new position in shares of Annaly Capital Management during the 4th quarter worth about $34,000. Finally, NBC Securities Inc. acquired a new position in shares of Annaly Capital Management during the 3rd quarter worth about $38,000. 51.56% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on NLY shares. Jonestrading restated a “buy” rating and set a $21.00 price objective on shares of Annaly Capital Management in a research note on Thursday. StockNews.com raised shares of Annaly Capital Management from a “sell” rating to a “hold” rating in a report on Saturday, January 27th. JMP Securities reaffirmed a “market perform” rating on shares of Annaly Capital Management in a report on Thursday, April 18th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and set a $21.50 target price on shares of Annaly Capital Management in a report on Wednesday, March 27th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $21.00 target price on shares of Annaly Capital Management in a report on Monday, February 12th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $21.07.

Insider Transactions at Annaly Capital Management

In other news, CEO David L. Finkelstein sold 50,000 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $19.03, for a total transaction of $951,500.00. Following the completion of the sale, the chief executive officer now owns 662,469 shares of the company’s stock, valued at approximately $12,606,785.07. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.21% of the stock is currently owned by insiders.

Annaly Capital Management Trading Up 1.0 %

NYSE NLY opened at $18.88 on Friday. The company has a debt-to-equity ratio of 1.58, a current ratio of 0.10 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 50-day moving average price of $19.11 and a two-hundred day moving average price of $18.62.

Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings data on Thursday, April 25th. The real estate investment trust reported $0.64 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.64. The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $320.00 million. Annaly Capital Management had a negative net margin of 8.38% and a positive return on equity of 15.13%. During the same quarter in the previous year, the firm posted $0.81 EPS. On average, equities analysts predict that Annaly Capital Management, Inc. will post 2.54 earnings per share for the current year.

Annaly Capital Management Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Thursday, March 28th will be issued a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 13.77%. The ex-dividend date is Wednesday, March 27th. Annaly Capital Management’s dividend payout ratio (DPR) is presently -268.04%.

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.