Annaly Capital Management, Inc. (NYSE:NLY) Shares Acquired by Intellectus Partners LLC

Intellectus Partners LLC lifted its position in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 4.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 37,000 shares of the real estate investment trust’s stock after buying an additional 1,700 shares during the period. Intellectus Partners LLC’s holdings in Annaly Capital Management were worth $701,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in NLY. Allspring Global Investments Holdings LLC increased its holdings in Annaly Capital Management by 0.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 18,099,719 shares of the real estate investment trust’s stock valued at $332,665,000 after purchasing an additional 109,655 shares during the last quarter. State Street Corp increased its holdings in Annaly Capital Management by 1.3% in the 3rd quarter. State Street Corp now owns 17,400,024 shares of the real estate investment trust’s stock valued at $360,296,000 after purchasing an additional 223,294 shares during the last quarter. Geode Capital Management LLC increased its holdings in Annaly Capital Management by 2.9% in the 3rd quarter. Geode Capital Management LLC now owns 8,638,216 shares of the real estate investment trust’s stock valued at $172,988,000 after purchasing an additional 241,465 shares during the last quarter. KBC Group NV increased its holdings in Annaly Capital Management by 238.9% in the 4th quarter. KBC Group NV now owns 5,198,020 shares of the real estate investment trust’s stock valued at $95,124,000 after purchasing an additional 3,664,098 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in Annaly Capital Management by 8.8% in the 4th quarter. Bank of New York Mellon Corp now owns 4,040,958 shares of the real estate investment trust’s stock valued at $73,950,000 after purchasing an additional 325,542 shares during the last quarter. Institutional investors and hedge funds own 51.56% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. JPMorgan Chase & Co. lifted their target price on shares of Annaly Capital Management from $19.00 to $21.00 and gave the company an “overweight” rating in a report on Friday, January 31st. Royal Bank of Canada reissued an “outperform” rating and issued a $22.00 price target on shares of Annaly Capital Management in a research report on Monday, February 10th. JMP Securities reissued a “market perform” rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. Finally, Barclays started coverage on shares of Annaly Capital Management in a research report on Monday, January 6th. They issued an “equal weight” rating and a $19.00 price target for the company. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Annaly Capital Management currently has a consensus rating of “Moderate Buy” and an average target price of $21.44.

Annaly Capital Management Trading Up 2.5 %

Annaly Capital Management stock opened at $21.85 on Friday. The stock has a market cap of $12.63 billion, a P/E ratio of 13.74, a price-to-earnings-growth ratio of 4.89 and a beta of 1.53. The company has a fifty day simple moving average of $20.14 and a 200-day simple moving average of $19.92. Annaly Capital Management, Inc. has a 12-month low of $17.67 and a 12-month high of $22.05.

Annaly Capital Management (NYSE:NLY) last released its quarterly earnings data on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.05. Annaly Capital Management had a net margin of 20.70% and a return on equity of 14.95%. As a group, sell-side analysts forecast that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current fiscal year.

Annaly Capital Management Company 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.