Honkamp Krueger Financial Services Inc. ADV Invests $141,000 in Annaly Capital Management Inc (NLY)

Honkamp Krueger Financial Services Inc. ADV acquired a new stake in shares of Annaly Capital Management Inc (NYSE:NLY) during the fourth quarter, Holdings Channel reports. The fund acquired 14,130 shares of the company’s stock, valued at approximately $141,000.

A number of other large investors also recently made changes to their positions in the stock. BlackRock Fund Advisors raised its stake in shares of Annaly Capital Management by 17.0% in the third quarter. BlackRock Fund Advisors now owns 53,710,700 shares of the company’s stock valued at $563,962,000 after buying an additional 7,820,982 shares during the last quarter. Teacher Retirement System of Texas raised its stake in shares of Annaly Capital Management by 1.8% in the third quarter. Teacher Retirement System of Texas now owns 1,397,417 shares of the company’s stock valued at $14,673,000 after buying an additional 25,107 shares during the last quarter. Russell Investments Group Ltd. bought a new stake in shares of Annaly Capital Management during the fourth quarter valued at about $24,636,000. Neuberger Berman Group LLC raised its stake in shares of Annaly Capital Management by 10.5% in the third quarter. Neuberger Berman Group LLC now owns 1,070,470 shares of the company’s stock valued at $11,240,000 after buying an additional 102,002 shares during the last quarter. Finally, Northern Trust Corp raised its stake in shares of Annaly Capital Management by 10.1% in the third quarter. Northern Trust Corp now owns 7,202,638 shares of the company’s stock valued at $75,627,000 after buying an additional 660,466 shares during the last quarter. Institutional investors and hedge funds own 53.74% of the company’s stock.

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

Annaly Capital Management Inc (NYSE:NLY) traded down 1.371% during midday trading on Tuesday, reaching $10.435. 3,164,740 shares of the company were exchanged. The company has a 50-day moving average of $10.24 and a 200 day moving average of $10.41. The firm has a market capitalization of $10.63 billion, a PE ratio of 56.102 and a beta of 0.19. Annaly Capital Management Inc has a 52 week low of $9.71 and a 52 week high of $11.29.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 31st. Stockholders of record on Friday, December 30th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 11.34%. This is an increase from Annaly Capital Management’s previous quarterly dividend of $0.26. The ex-dividend date was Wednesday, December 28th. Annaly Capital Management’s dividend payout ratio is presently 1,090.91%.

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Several equities research analysts have issued reports on NLY shares. Zacks Investment Research lowered shares of Annaly Capital Management from a “buy” rating to a “hold” rating in a research report on Tuesday, January 24th. Credit Suisse Group set a $12.00 target price on shares of Annaly Capital Management and gave the company a “hold” rating in a research report on Friday, November 11th. Bank of America Corporation reiterated a “hold” rating and set a $11.00 target price on shares of Annaly Capital Management in a research report on Tuesday, November 8th. Finally, FBR & Co lowered shares of Annaly Capital Management from an “outperform” rating to a “market perform” rating and dropped their target price for the company from $12.00 to $10.00 in a research report on Tuesday, December 20th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $11.13.

About Annaly Capital Management

Annaly Capital Management, Inc (Annaly) is a mortgage real estate investment trust (REIT). The Company’s principal business objectives are to generate net income for distribution to its stockholders from its investments and capital preservation. Its portfolio also includes residential credit investments, such as credit risk transfer securities and non-agency mortgage-backed securities.

5 Day Chart for NYSE:NLY

Want to see what other hedge funds are holding NLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Annaly Capital Management Inc (NYSE:NLY).

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