Centaurus Financial Inc. Has $101,000 Stake in Annaly Capital Management, Inc. (NYSE:NLY)

Centaurus Financial Inc. trimmed its position in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 21.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 5,198 shares of the real estate investment trust’s stock after selling 1,457 shares during the period. Centaurus Financial Inc.’s holdings in Annaly Capital Management were worth $101,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Family Asset Management LLC increased its holdings in Annaly Capital Management by 2.7% during the fourth quarter. Family Asset Management LLC now owns 22,961 shares of the real estate investment trust’s stock worth $445,000 after buying an additional 596 shares during the last quarter. Steward Partners Investment Advisory LLC increased its holdings in Annaly Capital Management by 6.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 11,519 shares of the real estate investment trust’s stock worth $223,000 after buying an additional 704 shares during the last quarter. DekaBank Deutsche Girozentrale increased its holdings in Annaly Capital Management by 1.0% during the third quarter. DekaBank Deutsche Girozentrale now owns 69,997 shares of the real estate investment trust’s stock worth $1,310,000 after buying an additional 717 shares during the last quarter. Evoke Wealth LLC increased its holdings in shares of Annaly Capital Management by 0.5% in the fourth quarter. Evoke Wealth LLC now owns 153,136 shares of the real estate investment trust’s stock valued at $3,066,000 after purchasing an additional 718 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV increased its holdings in shares of Annaly Capital Management by 3.6% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 21,782 shares of the real estate investment trust’s stock valued at $422,000 after purchasing an additional 761 shares during the last quarter. 51.56% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

NLY has been the topic of several research reports. StockNews.com upgraded shares of Annaly Capital Management from a “hold” rating to a “buy” rating in a report on Monday, May 13th. JMP Securities reiterated a “market perform” rating on shares of Annaly Capital Management in a report on Thursday, April 18th. Janney Montgomery Scott initiated coverage on shares of Annaly Capital Management in a report on Thursday, June 6th. They issued a “buy” rating and a $21.00 price objective on the stock. Jonestrading reiterated a “buy” rating and issued a $21.00 price objective on shares of Annaly Capital Management in a report on Thursday, April 25th. Finally, Compass Point assumed coverage on shares of Annaly Capital Management in a research note on Tuesday, April 2nd. They issued a “buy” rating and a $22.00 price target on the stock. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $21.07.

Annaly Capital Management Stock Performance

NLY stock opened at $19.92 on Thursday. The company’s 50-day simple moving average is $19.40 and its 200 day simple moving average is $19.34. Annaly Capital Management, Inc. has a 52 week low of $14.52 and a 52 week high of $21.07. The company has a market capitalization of $9.97 billion, a PE ratio of -20.54 and a beta of 1.53.

Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings data on Thursday, April 25th. The real estate investment trust reported $0.64 earnings per share for the quarter, hitting the consensus estimate of $0.64. Annaly Capital Management had a negative net margin of 8.38% and a positive return on equity of 15.13%. The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $320.00 million. During the same quarter in the prior year, the business posted $0.81 earnings per share. On average, analysts forecast that Annaly Capital Management, Inc. will post 2.64 EPS for the current year.

Annaly Capital Management Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Friday, June 28th will be issued a $0.65 dividend. The ex-dividend date is Friday, June 28th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 13.05%. Annaly Capital Management’s dividend payout ratio (DPR) is currently -268.04%.

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.