Nomura Asset Management Co. Ltd. Sells 6,800 Shares of Annaly Capital Management, Inc. (NYSE:NLY)

Nomura Asset Management Co. Ltd. reduced its holdings in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 4.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 155,292 shares of the real estate investment trust’s stock after selling 6,800 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Annaly Capital Management were worth $2,842,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank bought a new stake in shares of Annaly Capital Management during the 4th quarter valued at approximately $127,397,000. Vanguard Group Inc. lifted its stake in shares of Annaly Capital Management by 12.0% in the 4th quarter. Vanguard Group Inc. now owns 54,721,696 shares of the real estate investment trust’s stock valued at $1,001,407,000 after acquiring an additional 5,859,104 shares during the last quarter. KBC Group NV grew its position in Annaly Capital Management by 238.9% during the 4th quarter. KBC Group NV now owns 5,198,020 shares of the real estate investment trust’s stock worth $95,124,000 after acquiring an additional 3,664,098 shares during the last quarter. PL Capital Advisors LLC raised its position in Annaly Capital Management by 1,730.0% in the fourth quarter. PL Capital Advisors LLC now owns 2,792,635 shares of the real estate investment trust’s stock valued at $51,105,000 after purchasing an additional 2,640,032 shares during the last quarter. Finally, ORG Wealth Partners LLC grew its holdings in shares of Annaly Capital Management by 5,113.5% during the fourth quarter. ORG Wealth Partners LLC now owns 788,336 shares of the real estate investment trust’s stock worth $14,427,000 after purchasing an additional 773,215 shares during the last quarter. Institutional investors own 51.56% of the company’s stock.

Annaly Capital Management Trading Up 0.2 %

NYSE NLY opened at $20.13 on Thursday. The company has a market cap of $11.64 billion, a P/E ratio of 12.66, a PEG ratio of 4.89 and a beta of 1.31. The company has a fifty day simple moving average of $21.04 and a 200 day simple moving average of $20.05. Annaly Capital Management, Inc. has a 12-month low of $17.67 and a 12-month high of $22.11.

Annaly Capital Management (NYSE:NLY) last posted its earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 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%. Sell-side analysts predict that Annaly Capital Management, Inc. will post 2.81 EPS for the current year.

Annaly Capital Management Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be issued a dividend of $0.70 per share. The ex-dividend date is Monday, March 31st. This represents a $2.80 annualized dividend and a yield of 13.91%. This is an increase from Annaly Capital Management’s previous quarterly dividend of $0.65. Annaly Capital Management’s dividend payout ratio is 176.10%.

Analyst Ratings Changes

NLY has been the topic of a number of research reports. JMP Securities reissued a “market perform” rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. JPMorgan Chase & Co. lifted their price objective on Annaly Capital Management from $19.00 to $21.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. Royal Bank of Canada restated an “outperform” rating and set a $22.00 price target on shares of Annaly Capital Management in a report on Monday, February 10th. Finally, Barclays assumed coverage on shares of Annaly Capital Management in a report on Monday, January 6th. They issued an “equal weight” rating and a $19.00 target price on the stock. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, Annaly Capital Management has a consensus rating of “Moderate Buy” and a consensus price target of $21.44.

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.