Columbus Macro LLC Has $9.31 Million Stake in Annaly Capital Management Inc $NLY

Columbus Macro LLC grew its holdings in Annaly Capital Management Inc (NYSE:NLY) by 9.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 416,209 shares of the real estate investment trust’s stock after purchasing an additional 35,752 shares during the quarter. Columbus Macro LLC’s holdings in Annaly Capital Management were worth $9,306,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. ProShare Advisors LLC increased its stake in shares of Annaly Capital Management by 1.8% in the third quarter. ProShare Advisors LLC now owns 27,309 shares of the real estate investment trust’s stock valued at $552,000 after buying an additional 481 shares in the last quarter. MCF Advisors LLC raised its holdings in shares of Annaly Capital Management by 41.6% in the third quarter. MCF Advisors LLC now owns 1,688 shares of the real estate investment trust’s stock valued at $35,000 after buying an additional 496 shares during the last quarter. Quadrant Capital Group LLC lifted its position in Annaly Capital Management by 1.4% during the 3rd quarter. Quadrant Capital Group LLC now owns 39,282 shares of the real estate investment trust’s stock worth $794,000 after buying an additional 524 shares in the last quarter. Jupiter Wealth Management LLC grew its holdings in Annaly Capital Management by 3.4% during the 2nd quarter. Jupiter Wealth Management LLC now owns 16,621 shares of the real estate investment trust’s stock worth $347,000 after acquiring an additional 551 shares during the last quarter. Finally, CIBC Private Wealth Group LLC grew its holdings in Annaly Capital Management by 23.9% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 2,859 shares of the real estate investment trust’s stock worth $58,000 after acquiring an additional 552 shares during the last quarter. Institutional investors own 51.56% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on NLY. BTIG Research raised shares of Annaly Capital Management from a “neutral” rating to a “buy” rating and set a $25.00 target price for the company in a research note on Tuesday, January 6th. Wells Fargo & Company reissued an “overweight” rating and set a $25.00 price target (up from $23.00) on shares of Annaly Capital Management in a research note on Thursday, January 29th. JonesTrading raised their price target on shares of Annaly Capital Management from $22.00 to $25.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Barclays set a $24.00 price objective on shares of Annaly Capital Management and gave the stock an “equal weight” rating in a research report on Friday, January 30th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Annaly Capital Management in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Annaly Capital Management presently has an average rating of “Moderate Buy” and an average price target of $24.11.

Annaly Capital Management Stock Performance

Shares of NYSE:NLY opened at $20.77 on Monday. The stock has a market capitalization of $14.92 billion, a P/E ratio of 7.47, a P/E/G ratio of 6.38 and a beta of 1.24. Annaly Capital Management Inc has a 1-year low of $16.59 and a 1-year high of $24.52. The business has a 50-day moving average price of $22.76 and a two-hundred day moving average price of $22.21.

Annaly Capital Management (NYSE:NLY) last issued its earnings results on Wednesday, January 28th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.02. Annaly Capital Management had a net margin of 34.02% and a return on equity of 15.80%. The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $567.67 million. As a group, equities analysts predict that Annaly Capital Management Inc will post 2.81 EPS for the current year.

Annaly Capital Management Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, March 31st will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 13.5%. The ex-dividend date is Tuesday, March 31st. Annaly Capital Management’s dividend payout ratio is currently 100.72%.

Insider Buying and Selling

In other Annaly Capital Management news, CFO Serena Wolfe sold 16,536 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $23.14, for a total transaction of $382,643.04. Following the completion of the sale, the chief financial officer owned 173,081 shares in the company, valued at approximately $4,005,094.34. The trade was a 8.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Steven Francis Campbell sold 28,225 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $23.12, for a total value of $652,562.00. Following the completion of the transaction, the chief operating officer directly owned 204,491 shares in the company, valued at approximately $4,727,831.92. This trade represents a 12.13% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 71,252 shares of company stock worth $1,639,995. Insiders own 0.22% of the company’s stock.

About Annaly Capital Management

Annaly Capital Management, Inc is a publicly traded real estate investment trust (REIT) that specializes in generating income through investment in mortgage-related assets. The company’s core business activities include the acquisition, financing, and management of a diversified portfolio of agency and non-agency residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), and other real estate debt instruments. Annaly seeks to profit from the spread between the interest earned on its mortgage investments and its cost of funds, as well as from capital gains realized through active portfolio management.

Founded in 1997 and headquartered in New York City, Annaly has grown to become one of the largest mortgage REITs in the United States.