Oregon Public Employees Retirement Fund Raises Position in Annaly Capital Management, Inc. (NYSE:NLY)

Oregon Public Employees Retirement Fund lifted its stake in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 12.4% in the 4th quarter, HoldingsChannel reports. The firm owned 114,102 shares of the real estate investment trust’s stock after buying an additional 12,604 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Annaly Capital Management were worth $2,088,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Avior Wealth Management LLC increased its stake in shares of Annaly Capital Management by 209.9% during the 3rd quarter. Avior Wealth Management LLC now owns 1,255 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 850 shares during the last quarter. Blue Trust Inc. increased its stake in shares of 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. UMB Bank n.a. increased its stake 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 purchasing an additional 1,030 shares during the last quarter. Wolverine Asset Management LLC purchased a new stake in shares of Annaly Capital Management during the 4th quarter worth approximately $50,000. Finally, Bartlett & CO. Wealth Management LLC increased its stake in shares of Annaly Capital Management by 68.1% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 2,962 shares of the real estate investment trust’s stock worth $56,000 after purchasing an additional 1,200 shares during the last quarter. Hedge funds and other institutional investors own 51.56% of the company’s stock.

Analyst Upgrades and Downgrades

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

Annaly Capital Management Price Performance

Shares of NYSE:NLY opened at $21.97 on Friday. The firm has a fifty day moving average price of $19.89 and a two-hundred day moving average price of $19.86. Annaly Capital Management, Inc. has a one year low of $17.67 and a one year high of $22.05. The company has a market cap of $12.70 billion, a price-to-earnings ratio of 13.81, a PEG ratio of 4.89 and a beta of 1.52.

Annaly Capital Management (NYSE:NLY) last announced its quarterly earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 EPS for the quarter, beating 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%. Equities research analysts expect that Annaly Capital Management, Inc. will post 2.81 EPS for the current fiscal year.

Annaly Capital Management Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st were issued a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 11.84%. The ex-dividend date was Tuesday, December 31st. Annaly Capital Management’s payout ratio 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.