Carroll Financial Associates Inc. increased its position in shares of ANNALY CAP MGMT/SH (NYSE:NLY) by 238.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,184 shares of the real estate investment trust’s stock after acquiring an additional 12,810 shares during the quarter. Carroll Financial Associates Inc.’s holdings in ANNALY CAP MGMT/SH were worth $181,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in NLY. Norges Bank acquired a new stake in shares of ANNALY CAP MGMT/SH during the fourth quarter valued at approximately $133,161,000. BlackRock Inc. raised its holdings in shares of ANNALY CAP MGMT/SH by 12.6% during the fourth quarter. BlackRock Inc. now owns 120,128,838 shares of the real estate investment trust’s stock valued at $1,179,664,000 after acquiring an additional 13,472,763 shares during the period. Vanguard Group Inc raised its holdings in shares of ANNALY CAP MGMT/SH by 11.9% during the third quarter. Vanguard Group Inc now owns 110,696,881 shares of the real estate investment trust’s stock valued at $1,132,428,000 after acquiring an additional 11,751,750 shares during the period. Deutsche Bank AG raised its holdings in shares of ANNALY CAP MGMT/SH by 102.9% during the fourth quarter. Deutsche Bank AG now owns 9,510,491 shares of the real estate investment trust’s stock valued at $93,389,000 after acquiring an additional 4,823,911 shares during the period. Finally, Bank of America Corp DE raised its holdings in shares of ANNALY CAP MGMT/SH by 126.7% during the fourth quarter. Bank of America Corp DE now owns 6,920,378 shares of the real estate investment trust’s stock valued at $67,959,000 after acquiring an additional 3,868,272 shares during the period. Institutional investors and hedge funds own 53.80% of the company’s stock.

NLY has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods upgraded shares of ANNALY CAP MGMT/SH from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $10.00 to $10.50 in a report on Sunday, January 13th. JPMorgan Chase & Co. upgraded shares of ANNALY CAP MGMT/SH from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $10.00 to $10.50 in a report on Wednesday, January 16th. Zacks Investment Research lowered shares of ANNALY CAP MGMT/SH from a “hold” rating to a “sell” rating in a report on Wednesday, January 23rd. Barclays set a $11.00 price target on shares of ANNALY CAP MGMT/SH and gave the company a “buy” rating in a report on Friday, February 15th. Finally, TheStreet lowered shares of ANNALY CAP MGMT/SH from a “b-” rating to a “c” rating in a report on Friday, February 15th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. ANNALY CAP MGMT/SH currently has an average rating of “Hold” and an average target price of $10.83.

ANNALY CAP MGMT/SH stock opened at $9.99 on Friday. The company has a market capitalization of $13.99 billion, a price-to-earnings ratio of 8.33 and a beta of 0.24. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.27. ANNALY CAP MGMT/SH has a twelve month low of $9.57 and a twelve month high of $10.78.

ANNALY CAP MGMT/SH (NYSE:NLY) last released its quarterly earnings data on Wednesday, February 13th. The real estate investment trust reported $0.29 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.28 by $0.01. The firm had revenue of $272.90 million for the quarter, compared to analyst estimates of $383.65 million. ANNALY CAP MGMT/SH had a net margin of 1.98% and a return on equity of 12.39%. During the same quarter in the prior year, the business earned $0.31 EPS. Equities research analysts forecast that ANNALY CAP MGMT/SH will post 1.17 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Friday, March 29th will be paid a $0.30 dividend. The ex-dividend date is Thursday, March 28th. This represents a $1.20 annualized dividend and a yield of 12.01%. ANNALY CAP MGMT/SH’s dividend payout ratio is presently 100.00%.

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ANNALY CAP MGMT/SH Profile

Annaly Capital Management, Inc, a diversified capital manager, invests in and finances residential and commercial assets. The company invests in various types of agency mortgage-backed securities, non-agency residential mortgage assets, and residential mortgage loans; and originates and invests in commercial mortgage loans, securities, and other commercial real estate investments.

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Institutional Ownership by Quarter for ANNALY CAP MGMT/SH (NYSE:NLY)

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