35,633 Annaly Capital Management Inc $NLY Shares Bought by Columbus Macro LLC

Columbus Macro LLC increased its holdings in shares of Annaly Capital Management Inc (NYSE:NLY) by 6.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 607,136 shares of the real estate investment trust’s stock after acquiring an additional 35,633 shares during the quarter. Annaly Capital Management makes up about 1.1% of Columbus Macro LLC’s holdings, making the stock its 21st largest position. Columbus Macro LLC owned about 0.08% of Annaly Capital Management worth $11,469,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of NLY. Andra AP fonden grew its position in Annaly Capital Management by 5,304.6% during the second quarter. Andra AP fonden now owns 262,393 shares of the real estate investment trust’s stock valued at $5,867,000 after buying an additional 257,538 shares during the period. Hsbc Holdings PLC raised its position in Annaly Capital Management by 215.8% in the second quarter. Hsbc Holdings PLC now owns 858,481 shares of the real estate investment trust’s stock worth $19,288,000 after acquiring an additional 586,611 shares during the period. TD Asset Management Inc raised its position in Annaly Capital Management by 25.1% in the second quarter. TD Asset Management Inc now owns 519,768 shares of the real estate investment trust’s stock worth $11,622,000 after acquiring an additional 104,400 shares during the period. Renaissance Technologies LLC raised its position in Annaly Capital Management by 72.1% in the first quarter. Renaissance Technologies LLC now owns 448,222 shares of the real estate investment trust’s stock worth $9,480,000 after acquiring an additional 187,707 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new position in Annaly Capital Management in the second quarter valued at about $4,677,000. Hedge funds and other institutional investors own 51.56% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Annaly Capital Management in a research report on Tuesday, October 6th. BTIG Research set a $21.00 price target on shares of Annaly Capital Management and gave the stock a “buy” rating in a research note on Tuesday, October 6th. Piper Sandler cut their target price on shares of Annaly Capital Management from $25.00 to $21.50 and set an “overweight” rating for the company in a research report on Friday, October 9th. JPMorgan Chase & Co. reduced their price objective on shares of Annaly Capital Management from $26.00 to $24.00 and set an “overweight” rating for the company in a research note on Friday, July 24th. Finally, Zacks Research cut shares of Annaly Capital Management from a “strong-buy” rating to a “hold” rating in a report on Monday, August 31st. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $23.61.

Annaly Capital Management Price Performance

NYSE NLY traded down $0.02 during trading hours on Wednesday, reaching $18.14. 10,312,176 shares of the stock traded hands, compared to its average volume of 8,301,789. The company has a market cap of $13.67 billion, a price-to-earnings ratio of 4.55, a price-to-earnings-growth ratio of 1.44 and a beta of 1.21. Annaly Capital Management Inc has a 1 year low of $17.76 and a 1 year high of $24.52. The stock has a 50 day simple moving average of $21.58 and a two-hundred day simple moving average of $21.98.

Annaly Capital Management (NYSE:NLY) last issued its earnings results on Tuesday, July 21st. The real estate investment trust reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.04. The company had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $639.80 million. Annaly Capital Management had a return on equity of 16.00% and a net margin of 43.66%. On average, sell-side analysts forecast that Annaly Capital Management Inc will post 3.09 EPS for the current fiscal year.

Annaly Capital Management Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, September 30th will be paid a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 16.5%. The ex-dividend date is Wednesday, September 30th. Annaly Capital Management’s dividend payout ratio (DPR) is presently 75.19%.

Annaly Capital Management Company Profile

Annaly Capital Management, Inc is a real estate investment trust that invests in and manages a portfolio of mortgage-related assets. The company’s primary business is focused on generating income from investments in agency mortgage-backed securities, which are guaranteed by a U.S. government-sponsored enterprise or government agency.

In addition to agency securities, Annaly invests in residential credit assets, including non-agency mortgage-backed securities and other residential loans.