F M Investments LLC Has $1.03 Million Stock Position in Annaly Capital Management, Inc. (NYSE:NLY)

F M Investments LLC raised its stake in Annaly Capital Management, Inc. (NYSE:NLY) by 21.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,995 shares of the real estate investment trust’s stock after acquiring an additional 9,979 shares during the quarter. F M Investments LLC’s holdings in Annaly Capital Management were worth $1,025,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Blue Trust Inc. raised its holdings in Annaly Capital Management by 78.5% during the 4th quarter. Blue Trust Inc. now owns 1,630 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 717 shares during the last quarter. Assetmark Inc. bought a new stake in Annaly Capital Management in the fourth quarter valued at about $31,000. Larson Financial Group LLC lifted its stake in Annaly Capital Management by 34.4% in the fourth quarter. Larson Financial Group LLC now owns 2,143 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 549 shares during the period. Smartleaf Asset Management LLC boosted its holdings in Annaly Capital Management by 29.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,425 shares of the real estate investment trust’s stock worth $45,000 after buying an additional 549 shares during the last quarter. Finally, UMB Bank n.a. grew its position in shares of Annaly Capital Management by 65.7% during the 4th quarter. UMB Bank n.a. now owns 2,598 shares of the real estate investment trust’s stock worth $48,000 after buying an additional 1,030 shares during the period. 51.56% of the stock is owned by institutional investors.

Annaly Capital Management Trading Up 1.1 %

NYSE:NLY opened at $17.49 on Friday. The stock’s 50-day moving average is $20.74 and its 200-day moving average is $19.91. The stock has a market cap of $10.11 billion, a P/E ratio of 11.00, a price-to-earnings-growth ratio of 4.89 and a beta of 1.31. Annaly Capital Management, Inc. has a 1-year low of $16.60 and a 1-year high of $22.11.

Annaly Capital Management (NYSE:NLY) last announced its earnings results 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 return on equity of 14.95% and a net margin of 20.70%. As a group, equities analysts forecast that Annaly Capital Management, Inc. will post 2.81 EPS for the current year.

Annaly Capital Management Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 16.01%. This is an increase from Annaly Capital Management’s previous quarterly dividend of $0.65. The ex-dividend date is Monday, March 31st. Annaly Capital Management’s payout ratio is currently 176.10%.

Wall Street Analyst Weigh In

Several brokerages have commented on NLY. Barclays began coverage on shares of Annaly Capital Management in a research note on Monday, January 6th. They issued an “equal weight” rating and a $19.00 target price for the company. Royal Bank of Canada reaffirmed an “outperform” rating and set a $22.00 price objective on shares of Annaly Capital Management in a research note on Monday, February 10th. JPMorgan Chase & Co. boosted their target price on Annaly Capital Management from $19.00 to $21.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Keefe, Bruyette & Woods dropped their price target on Annaly Capital Management from $21.00 to $20.15 and set an “outperform” rating on the stock in a research report on Tuesday. Finally, JMP Securities reiterated a “market perform” rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.29.

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.