IFM Investors Pty Ltd Cuts Stock Position in Annaly Capital Management Inc $NLY

IFM Investors Pty Ltd lowered its stake in Annaly Capital Management Inc (NYSE:NLY) by 5.1% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 173,932 shares of the real estate investment trust’s stock after selling 9,377 shares during the period. IFM Investors Pty Ltd’s holdings in Annaly Capital Management were worth $3,533,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in NLY. Deutsche Bank AG grew its stake in shares of Annaly Capital Management by 9.3% in the 4th quarter. Deutsche Bank AG now owns 1,096,163 shares of the real estate investment trust’s stock worth $20,060,000 after buying an additional 93,708 shares during the last quarter. Ensign Peak Advisors Inc lifted its position in Annaly Capital Management by 6.4% in the 4th quarter. Ensign Peak Advisors Inc now owns 185,686 shares of the real estate investment trust’s stock valued at $3,398,000 after acquiring an additional 11,250 shares in the last quarter. Focus Partners Wealth lifted its position in Annaly Capital Management by 68.4% in the 4th quarter. Focus Partners Wealth now owns 18,148 shares of the real estate investment trust’s stock valued at $333,000 after acquiring an additional 7,371 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Annaly Capital Management by 4.8% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 849,061 shares of the real estate investment trust’s stock valued at $15,538,000 after acquiring an additional 38,760 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp lifted its position in Annaly Capital Management by 20.8% in the 4th quarter. OMERS ADMINISTRATION Corp now owns 20,960 shares of the real estate investment trust’s stock valued at $384,000 after acquiring an additional 3,609 shares in the last quarter. Hedge funds and other institutional investors own 51.56% of the company’s stock.

Annaly Capital Management Price Performance

Shares of Annaly Capital Management stock opened at $22.16 on Friday. Annaly Capital Management Inc has a one year low of $16.59 and a one year high of $22.45. The stock’s fifty day moving average is $20.67 and its 200 day moving average is $20.00. The stock has a market cap of $14.23 billion, a P/E ratio of 21.94, a P/E/G ratio of 5.24 and a beta of 1.24. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.11 and a current ratio of 0.11.

Annaly Capital Management (NYSE:NLY) last announced its earnings results on Wednesday, July 23rd. The real estate investment trust reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.01. Annaly Capital Management had a return on equity of 15.53% and a net margin of 13.76%.The company had revenue of $273.20 million for the quarter, compared to analysts’ expectations of $237.00 million. Sell-side analysts anticipate that Annaly Capital Management Inc will post 2.81 earnings per share for the current year.

Annaly Capital Management Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th will be paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 12.6%. The ex-dividend date is Tuesday, September 30th. Annaly Capital Management’s dividend payout ratio is presently 277.23%.

Analyst Ratings Changes

Several equities analysts recently issued reports on NLY shares. Royal Bank Of Canada lowered their price objective on Annaly Capital Management from $22.00 to $21.00 and set an “outperform” rating on the stock in a research report on Tuesday, May 27th. UBS Group upped their price objective on Annaly Capital Management from $20.00 to $21.00 and gave the company a “neutral” rating in a research report on Wednesday, September 3rd. Keefe, Bruyette & Woods upped their price objective on Annaly Capital Management from $20.50 to $21.50 and gave the company an “outperform” rating in a research report on Friday, July 25th. Zacks Research cut Annaly Capital Management from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Finally, Jones Trading reissued a “buy” rating and set a $21.00 price target on shares of Annaly Capital Management in a report on Thursday, July 24th. Seven research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $20.83.

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.