KBC Group NV Has $95.12 Million Stock Holdings in Annaly Capital Management, Inc. (NYSE:NLY)

KBC Group NV boosted its position in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 238.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,198,020 shares of the real estate investment trust’s stock after purchasing an additional 3,664,098 shares during the quarter. KBC Group NV’s holdings in Annaly Capital Management were worth $95,124,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its position in shares of Annaly Capital Management by 7.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 258,817 shares of the real estate investment trust’s stock valued at $4,933,000 after buying an additional 18,599 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its holdings in shares of Annaly Capital Management by 60.8% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 95,913 shares of the real estate investment trust’s stock worth $1,828,000 after acquiring an additional 36,266 shares in the last quarter. AXA S.A. raised its position in shares of Annaly Capital Management by 11.9% during the second quarter. AXA S.A. now owns 68,716 shares of the real estate investment trust’s stock worth $1,310,000 after purchasing an additional 7,315 shares during the period. APG Asset Management N.V. lifted its holdings in shares of Annaly Capital Management by 428.9% during the 2nd quarter. APG Asset Management N.V. now owns 103,708 shares of the real estate investment trust’s stock valued at $1,844,000 after purchasing an additional 84,100 shares in the last quarter. Finally, MBB Public Markets I LLC grew its position in shares of Annaly Capital Management by 151.0% in the 2nd quarter. MBB Public Markets I LLC now owns 29,260 shares of the real estate investment trust’s stock valued at $558,000 after purchasing an additional 17,602 shares during the period. Institutional investors own 51.56% of the company’s stock.

Annaly Capital Management Trading Up 0.7 %

NLY opened at $19.49 on Monday. The business’s 50-day simple moving average is $19.25 and its 200 day simple moving average is $19.70. Annaly Capital Management, Inc. has a 52-week low of $17.67 and a 52-week high of $21.11.

Annaly Capital Management Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 13.34%. The ex-dividend date is Tuesday, December 31st. Annaly Capital Management’s dividend payout ratio is currently -3,714.29%.

Analysts Set New Price Targets

Several analysts have commented on NLY shares. JMP Securities restated a “market perform” rating on shares of Annaly Capital Management in a report on Thursday. Barclays began coverage on shares of Annaly Capital Management in a research report on Monday, January 6th. They issued an “equal weight” rating and a $19.00 price objective on the stock. Argus upgraded Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a report on Thursday, October 31st. Finally, JPMorgan Chase & Co. cut their price target on Annaly Capital Management from $20.00 to $19.00 and set an “overweight” rating on the stock in a report on Tuesday, January 21st. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, Annaly Capital Management presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.11.

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.