Compass Financial Group INC SD Purchases 728 Shares of Annaly Capital Management, Inc. (NYSE:NLY)

Compass Financial Group INC SD raised its position in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 0.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 157,377 shares of the real estate investment trust’s stock after purchasing an additional 728 shares during the period. Annaly Capital Management comprises 0.5% of Compass Financial Group INC SD’s portfolio, making the stock its 19th biggest position. Compass Financial Group INC SD’s holdings in Annaly Capital Management were worth $2,880,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in NLY. Armstrong Advisory Group Inc. boosted its position in Annaly Capital Management by 6.6% during the 4th quarter. Armstrong Advisory Group Inc. now owns 9,121 shares of the real estate investment trust’s stock valued at $167,000 after acquiring an additional 562 shares in the last quarter. Fermata Advisors LLC grew its stake in Annaly Capital Management by 3.2% in the fourth quarter. Fermata Advisors LLC now owns 18,022 shares of the real estate investment trust’s stock valued at $330,000 after purchasing an additional 563 shares during the last quarter. Toth Financial Advisory Corp raised its holdings in Annaly Capital Management by 31.8% in the third quarter. Toth Financial Advisory Corp now owns 2,390 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 576 shares in the last quarter. KG&L Capital Management LLC lifted its position in shares of Annaly Capital Management by 2.0% during the fourth quarter. KG&L Capital Management LLC now owns 30,648 shares of the real estate investment trust’s stock valued at $561,000 after buying an additional 600 shares during the last quarter. Finally, First Citizens Bank & Trust Co. boosted its holdings in shares of Annaly Capital Management by 5.3% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 13,006 shares of the real estate investment trust’s stock valued at $261,000 after buying an additional 653 shares in the last quarter. 51.56% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Barclays initiated coverage on shares of Annaly Capital Management in a research report on Monday, January 6th. They set an “equal weight” rating and a $19.00 target price for the company. JMP Securities reiterated a “market perform” rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. Royal Bank of Canada reaffirmed an “outperform” rating and set a $22.00 target price on shares of Annaly Capital Management in a research report on Monday, February 10th. JPMorgan Chase & Co. raised their price target on Annaly Capital Management from $19.00 to $21.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Finally, Argus upgraded shares of Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a report on Thursday, October 31st. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Annaly Capital Management presently has an average rating of “Moderate Buy” and a consensus price target of $21.44.

Annaly Capital Management Stock Performance

NLY opened at $21.24 on Friday. The company has a current ratio of 0.12, a quick ratio of 0.08 and a debt-to-equity ratio of 0.22. Annaly Capital Management, Inc. has a 12-month low of $17.67 and a 12-month high of $21.29. The firm has a 50 day moving average of $19.46 and a two-hundred day moving average of $19.74. The firm has a market capitalization of $11.90 billion, a PE ratio of 13.36, a P/E/G ratio of 4.66 and a beta of 1.52.

Annaly Capital Management (NYSE:NLY) last posted its earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.05. Annaly Capital Management had a net margin of 20.70% and a return on equity of 14.95%. On average, analysts anticipate that Annaly Capital Management, Inc. will post 2.81 EPS for the current year.

Annaly Capital Management Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 12.24%. The ex-dividend date was Tuesday, December 31st. Annaly Capital Management’s dividend payout ratio (DPR) is 163.52%.

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.