Aviance Capital Management LLC lowered its stake in Annaly Capital Management, Inc. (NYSE:NLY) by 10.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,172,494 shares of the real estate investment trust’s stock after selling 143,078 shares during the period. Annaly Capital Management accounts for approximately 1.0% of Aviance Capital Management LLC’s holdings, making the stock its 23rd biggest holding. Aviance Capital Management LLC’s holdings in Annaly Capital Management were worth $13,941,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Salem Investment Counselors Inc. bought a new stake in shares of Annaly Capital Management during the 3rd quarter valued at $100,000. Barrett Asset Management LLC bought a new stake in shares of Annaly Capital Management during the 4th quarter valued at $107,000. Advisory Services Network LLC boosted its holdings in shares of Annaly Capital Management by 9.0% during the 2nd quarter. Advisory Services Network LLC now owns 9,757 shares of the real estate investment trust’s stock valued at $118,000 after buying an additional 806 shares in the last quarter. Wellington Shields Capital Management LLC bought a new stake in shares of Annaly Capital Management during the 3rd quarter valued at $122,000. Finally, Staley Capital Advisers Inc. bought a new stake in shares of Annaly Capital Management during the 3rd quarter valued at $126,000. Institutional investors and hedge funds own 55.49% of the company’s stock.

Annaly Capital Management, Inc. (NYSE:NLY) opened at $10.45 on Wednesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.03 and a quick ratio of 0.03. The stock has a market capitalization of $12,120.00, a PE ratio of 4.18, a PEG ratio of 1.89 and a beta of 0.05. Annaly Capital Management, Inc. has a 52-week low of $10.03 and a 52-week high of $12.73.

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Friday, December 29th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 11.48%. The ex-dividend date was Thursday, December 28th. Annaly Capital Management’s dividend payout ratio is presently 48.00%.

NLY has been the topic of a number of research reports. Zacks Investment Research cut shares of Annaly Capital Management from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. ValuEngine cut shares of Annaly Capital Management from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 26th. Bank of America upgraded shares of Annaly Capital Management from an “underperform” rating to a “neutral” rating in a report on Thursday, February 1st. Finally, Compass Point upgraded shares of Annaly Capital Management from a “sell” rating to a “neutral” rating in a report on Tuesday. Six research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $12.21.

In related news, Chairman Wellington Denahan purchased 125,280 shares of the stock in a transaction dated Thursday, December 7th. The stock was purchased at an average price of $11.97 per share, with a total value of $1,499,601.60. Following the transaction, the chairman now directly owns 1,798,414 shares in the company, valued at $21,527,015.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Glenn Votek purchased 25,000 shares of the stock in a transaction dated Friday, December 1st. The stock was bought at an average cost of $11.73 per share, with a total value of $293,250.00. The disclosure for this purchase can be found here. 0.43% of the stock is owned by insiders.

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About Annaly Capital Management

Annaly Capital Management, Inc is a mortgage real estate investment trust (REIT). The Company owns a portfolio of real estate related investments. Its investment groups primarily consist of Agency, which invests primarily in various types of Agency mortgage-backed securities and related derivatives to hedge these investments; Residential credit, which invests primarily in non-Agency mortgage-backed assets within securitized products and residential mortgage loan markets; Commercial real estate, which originates and invests in commercial mortgage loans, securities, and other commercial real estate investments, and Middle market, which provides customized debt financing to middle-market businesses.

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Institutional Ownership by Quarter for Annaly Capital Management (NYSE:NLY)

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