Hsbc Holdings PLC Has $6.72 Million Stock Position in Annaly Capital Management, Inc. (NYSE:NLY)

Hsbc Holdings PLC lifted its position in Annaly Capital Management, Inc. (NYSE:NLY) by 5.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 367,057 shares of the real estate investment trust’s stock after buying an additional 17,618 shares during the quarter. Hsbc Holdings PLC’s holdings in Annaly Capital Management were worth $6,715,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Assetmark Inc. bought a new position in shares of Annaly Capital Management during the 4th quarter worth about $31,000. Blue Trust Inc. raised its position in shares of Annaly Capital Management by 78.5% during the fourth quarter. Blue Trust Inc. now owns 1,630 shares of the real estate investment trust’s stock valued at $33,000 after buying an additional 717 shares during the last quarter. Larson Financial Group LLC raised its position in shares of Annaly Capital Management by 34.4% during the fourth quarter. Larson Financial Group LLC now owns 2,143 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 549 shares during the last quarter. Smartleaf Asset Management LLC raised its position in shares of Annaly Capital Management by 29.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,425 shares of the real estate investment trust’s stock valued at $45,000 after buying an additional 549 shares during the last quarter. Finally, UMB Bank n.a. raised its position in shares of Annaly Capital Management by 65.7% during the fourth quarter. UMB Bank n.a. now owns 2,598 shares of the real estate investment trust’s stock valued at $48,000 after buying an additional 1,030 shares during the last quarter. 51.56% of the stock is currently owned by institutional investors and hedge funds.

Annaly Capital Management Trading Up 1.4 %

NYSE NLY opened at $19.47 on Tuesday. The firm has a market cap of $11.63 billion, a price-to-earnings ratio of 12.25, a PEG ratio of 4.89 and a beta of 1.31. The company has a 50 day moving average of $20.16 and a 200-day moving average of $19.80. Annaly Capital Management, Inc. has a 1-year low of $16.60 and a 1-year high of $22.11.

Annaly Capital Management (NYSE:NLY) last posted 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 net margin of 20.70% and a return on equity of 14.95%. On average, analysts forecast that Annaly Capital Management, Inc. will post 2.81 earnings per share for the current year.

Annaly Capital Management Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.70 per share. This is a positive change from Annaly Capital Management’s previous quarterly dividend of $0.65. The ex-dividend date of this dividend is Monday, March 31st. This represents a $2.80 annualized dividend and a dividend yield of 14.38%. Annaly Capital Management’s dividend payout ratio (DPR) is presently 176.10%.

Analyst Ratings Changes

A number of brokerages have recently commented on NLY. Barclays began coverage on shares of Annaly Capital Management in a research report on Monday, January 6th. They set an “equal weight” rating and a $19.00 price objective for the company. Keefe, Bruyette & Woods cut their price objective on shares of Annaly Capital Management from $21.00 to $20.15 and set an “outperform” rating for the company in a research report on Tuesday, April 8th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $22.00 price objective on shares of Annaly Capital Management in a research report on Monday, February 10th. JPMorgan Chase & Co. dropped their price target on shares of Annaly Capital Management from $21.00 to $19.00 and set an “overweight” rating for the company in a research report on Wednesday, April 16th. Finally, JMP Securities reissued a “market perform” rating on shares of Annaly Capital Management in a research report on Thursday, January 23rd. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, Annaly Capital Management currently has an average rating of “Moderate Buy” and a consensus price target of $21.08.

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.