Annaly Capital Management Target of Unusually Large Options Trading (NYSE:NLY)

Annaly Capital Management, Inc. (NYSE:NLYGet Free Report) saw some unusual options trading on Tuesday. Stock traders acquired 40,483 put options on the company. This is an increase of approximately 578% compared to the average volume of 5,971 put options.

Institutional Investors Weigh In On Annaly Capital Management

Institutional investors have recently added to or reduced their stakes in the company. Core Wealth Advisors Inc. grew its holdings in shares of Annaly Capital Management by 222.2% during the 4th quarter. Core Wealth Advisors Inc. now owns 1,450 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 1,000 shares in the last quarter. Rise Advisors LLC acquired a new stake in Annaly Capital Management during the 1st quarter valued at $29,000. GAMMA Investing LLC acquired a new stake in Annaly Capital Management in the 4th quarter valued at about $33,000. First United Bank & Trust bought a new stake in shares of Annaly Capital Management during the fourth quarter valued at approximately $33,000. Finally, Central Bank & Trust Co. bought a new position in Annaly Capital Management in the 4th quarter valued at $34,000. 51.56% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Jonestrading reiterated a “buy” rating and set a $21.00 price objective on shares of Annaly Capital Management in a research report on Thursday, April 25th. Compass Point began coverage on 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. upgraded Annaly Capital Management from a “hold” rating to a “buy” rating in a research 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. Finally, Keefe, Bruyette & Woods restated an “outperform” rating and set a $21.50 price target on shares of Annaly Capital Management in a report on Wednesday, March 27th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $21.08.

Get Our Latest Stock Analysis on NLY

Annaly Capital Management Stock Performance

Shares of NLY traded down $0.12 during mid-day trading on Tuesday, hitting $19.80. 956,636 shares of the company’s stock were exchanged, compared to its average volume of 3,423,764. The firm has a fifty day moving average of $19.27 and a two-hundred day moving average of $19.18. Annaly Capital Management has a twelve month low of $14.52 and a twelve month high of $21.07.

Annaly Capital Management (NYSE:NLYGet Free Report) last released its earnings results on Thursday, April 25th. The real estate investment trust reported $0.64 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.64. Annaly Capital Management had a negative net margin of 8.38% and a positive return on equity of 15.13%. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $320.00 million. During the same quarter in the previous year, the business earned $0.81 EPS. Equities analysts expect that Annaly Capital Management will post 2.62 EPS for the current fiscal year.

Annaly Capital Management Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Thursday, March 28th were given a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 13.13%. The ex-dividend date was Wednesday, March 27th. Annaly Capital Management’s dividend payout ratio is currently -268.04%.

About Annaly Capital Management

(Get Free Report)

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.

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