Values First Advisors Inc. Has $500,000 Stake in Annaly Capital Management, Inc. (NYSE:NLY)

Values First Advisors Inc. boosted its position in Annaly Capital Management, Inc. (NYSE:NLY) by 17.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,809 shares of the real estate investment trust’s stock after buying an additional 3,812 shares during the period. Values First Advisors Inc.’s holdings in Annaly Capital Management were worth $500,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of NLY. Goldman Sachs Group Inc. lifted its holdings in Annaly Capital Management by 166.1% in the second quarter. Goldman Sachs Group Inc. now owns 14,866,079 shares of the real estate investment trust’s stock valued at $87,858,000 after buying an additional 9,279,874 shares during the period. State Street Corp lifted its holdings in Annaly Capital Management by 14.0% in the second quarter. State Street Corp now owns 34,722,698 shares of the real estate investment trust’s stock valued at $212,614,000 after buying an additional 4,263,394 shares during the period. Norges Bank acquired a new position in Annaly Capital Management in the fourth quarter valued at $83,248,000. Vanguard Group Inc. raised its holdings in shares of Annaly Capital Management by 2.9% during the first quarter. Vanguard Group Inc. now owns 132,287,354 shares of the real estate investment trust’s stock valued at $931,303,000 after purchasing an additional 3,668,441 shares during the period. Finally, Balyasny Asset Management L.P. raised its holdings in shares of Annaly Capital Management by 274,965.9% during the first quarter. Balyasny Asset Management L.P. now owns 3,168,759 shares of the real estate investment trust’s stock valued at $60,555,000 after purchasing an additional 3,167,607 shares during the period. Institutional investors and hedge funds own 51.56% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on NLY shares. UBS Group reiterated a “neutral” rating and set a $19.00 price objective on shares of Annaly Capital Management in a report on Wednesday, December 6th. Keefe, Bruyette & Woods reissued an “outperform” rating and set a $21.50 target price on shares of Annaly Capital Management in a research report on Wednesday. Jonestrading boosted their target price on shares of Annaly Capital Management from $18.00 to $21.00 and gave the stock a “buy” rating in a research report on Thursday, February 8th. StockNews.com raised shares of Annaly Capital Management from a “sell” rating to a “hold” rating in a research report on Saturday, January 27th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $21.00 price objective on shares of Annaly Capital Management in a research report on Monday, February 12th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $21.07.

Annaly Capital Management Stock Performance

Shares of Annaly Capital Management stock traded up $0.23 on Thursday, reaching $19.68. 3,380,238 shares of the company traded hands, compared to its average volume of 3,732,879. Annaly Capital Management, Inc. has a 52 week low of $14.52 and a 52 week high of $21.07. The company has a 50 day moving average of $19.26 and a 200 day moving average of $18.71. The firm has a market capitalization of $9.84 billion, a PE ratio of -5.38 and a beta of 1.54. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.22 and a quick ratio of 1.22.

Annaly Capital Management Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Thursday, March 28th will be paid a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 13.21%. The ex-dividend date of this dividend is Wednesday, March 27th. Annaly Capital Management’s payout ratio is currently -72.02%.

Insider Activity at Annaly Capital Management

In related news, CEO David L. Finkelstein sold 50,000 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $19.03, for a total transaction of $951,500.00. Following the sale, the chief executive officer now directly owns 662,469 shares in the company, valued at approximately $12,606,785.07. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.31% of the stock is currently owned by corporate insiders.

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.