Triasima Portfolio Management inc. Invests $183,000 in Annaly Capital Management, Inc. (NYSE:NLY)

Triasima Portfolio Management inc. bought a new stake in shares of Annaly Capital Management, Inc. (NYSE:NLY) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 10,000 shares of the real estate investment trust’s stock, valued at approximately $183,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in Annaly Capital Management by 33.0% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 48,491 shares of the real estate investment trust’s stock valued at $887,000 after purchasing an additional 12,037 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in shares of Annaly Capital Management by 10.3% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,071,513 shares of the real estate investment trust’s stock worth $19,609,000 after purchasing an additional 99,649 shares during the last quarter. Tandem Financial LLC purchased a new position in Annaly Capital Management in the 4th quarter valued at about $327,000. Strategic Financial Concepts LLC acquired a new stake in Annaly Capital Management in the 4th quarter worth about $294,000. Finally, Consolidated Portfolio Review Corp acquired a new stake in Annaly Capital Management in the 4th quarter worth about $641,000. Institutional investors and hedge funds own 51.56% of the company’s stock.

Annaly Capital Management Stock Performance

Annaly Capital Management stock opened at $20.50 on Friday. The firm has a 50 day simple moving average of $19.35 and a 200-day simple moving average of $19.71. The stock has a market cap of $11.49 billion, a price-to-earnings ratio of 12.90 and a beta of 1.52. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.12 and a quick ratio of 0.08. Annaly Capital Management, Inc. has a 1-year low of $17.67 and a 1-year high of $21.11.

Annaly Capital Management (NYSE:NLY) last issued its quarterly earnings data on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.05. Annaly Capital Management had a return on equity of 14.95% and a net margin of 20.70%. On average, analysts expect that Annaly Capital Management, Inc. will post 2.72 EPS for the current year.

Annaly Capital Management Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were issued a $0.65 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $2.60 annualized dividend and a yield of 12.68%. Annaly Capital Management’s dividend payout ratio (DPR) is currently 163.52%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on NLY shares. Argus upgraded Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a research report on Thursday, October 31st. JMP Securities restated a “market perform” rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. Barclays began coverage on shares of Annaly Capital Management in a research note on Monday, January 6th. They set an “equal weight” rating and a $19.00 target price on the stock. Royal Bank of Canada increased their target price on shares of Annaly Capital Management from $21.00 to $22.00 and gave the company an “outperform” rating in a research report on Monday, January 27th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Annaly Capital Management from $19.00 to $21.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $21.44.

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.