Hsbc Holdings PLC Has $7.46 Million Position in Annaly Capital Management Inc $NLY

Hsbc Holdings PLC lifted its holdings in shares of Annaly Capital Management Inc (NYSE:NLY) by 16.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 396,859 shares of the real estate investment trust’s stock after purchasing an additional 54,830 shares during the quarter. Hsbc Holdings PLC owned 0.06% of Annaly Capital Management worth $7,463,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Natixis Advisors LLC increased its position in Annaly Capital Management by 50.2% in the 1st quarter. Natixis Advisors LLC now owns 69,679 shares of the real estate investment trust’s stock valued at $1,415,000 after acquiring an additional 23,288 shares during the period. US Bancorp DE increased its holdings in Annaly Capital Management by 17.6% in the first quarter. US Bancorp DE now owns 37,371 shares of the real estate investment trust’s stock valued at $759,000 after purchasing an additional 5,595 shares during the period. Bank of Nova Scotia raised its position in Annaly Capital Management by 4.8% during the 1st quarter. Bank of Nova Scotia now owns 19,826 shares of the real estate investment trust’s stock worth $403,000 after purchasing an additional 901 shares during the last quarter. Atria Wealth Solutions Inc. lifted its holdings in Annaly Capital Management by 16.4% during the 1st quarter. Atria Wealth Solutions Inc. now owns 151,570 shares of the real estate investment trust’s stock worth $3,117,000 after buying an additional 21,341 shares during the period. Finally, Vanguard Group Inc. grew its position in shares of Annaly Capital Management by 3.0% in the 1st quarter. Vanguard Group Inc. now owns 56,356,579 shares of the real estate investment trust’s stock valued at $1,144,602,000 after buying an additional 1,634,883 shares during the last quarter. 51.56% of the stock is currently owned by institutional investors and hedge funds.

Annaly Capital Management Trading Down 0.4%

Shares of Annaly Capital Management stock opened at $22.74 on Friday. The company has a market capitalization of $15.53 billion, a P/E ratio of 10.53, a price-to-earnings-growth ratio of 7.15 and a beta of 1.26. The stock has a fifty day simple moving average of $21.41 and a 200 day simple moving average of $20.62. Annaly Capital Management Inc has a 12-month low of $16.59 and a 12-month high of $22.98.

Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings results on Wednesday, October 22nd. The real estate investment trust reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.01. The company had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $493.55 million. Annaly Capital Management had a return on equity of 15.96% and a net margin of 26.68%. On average, analysts predict that Annaly Capital Management Inc will post 2.81 EPS for the current year.

Annaly Capital Management Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th were issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 12.3%. The ex-dividend date was Tuesday, September 30th. Annaly Capital Management’s dividend payout ratio is presently 129.63%.

Wall Street Analysts Forecast Growth

NLY has been the subject of a number of analyst reports. UBS Group raised their price objective on Annaly Capital Management from $20.00 to $21.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 3rd. Jones Trading restated a “buy” rating and issued a $22.00 price target on shares of Annaly Capital Management in a research report on Thursday, October 23rd. JPMorgan Chase & Co. increased their price objective on shares of Annaly Capital Management from $21.00 to $22.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Zacks Research cut shares of Annaly Capital Management from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Annaly Capital Management in a report on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Annaly Capital Management has a consensus rating of “Hold” and an average price target of $21.71.

Annaly Capital Management 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.