California Public Employees Retirement System Raises Stake in Annaly Capital Management, Inc. (NLY)

California Public Employees Retirement System grew its position in Annaly Capital Management, Inc. (NYSE:NLY) by 13.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,709,003 shares of the real estate investment trust’s stock after purchasing an additional 430,200 shares during the period. California Public Employees Retirement System owned approximately 0.32% of Annaly Capital Management worth $44,100,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of NLY. APG Asset Management N.V. lifted its holdings in shares of Annaly Capital Management by 70.0% in the third quarter. APG Asset Management N.V. now owns 26,906,060 shares of the real estate investment trust’s stock valued at $327,985,000 after purchasing an additional 11,082,900 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Annaly Capital Management by 136.1% in the third quarter. Janus Henderson Group PLC now owns 7,528,679 shares of the real estate investment trust’s stock valued at $91,774,000 after purchasing an additional 4,340,397 shares in the last quarter. Skandinaviska Enskilda Banken AB publ lifted its holdings in shares of Annaly Capital Management by 35.6% in the third quarter. Skandinaviska Enskilda Banken AB publ now owns 11,358,849 shares of the real estate investment trust’s stock valued at $138,464,000 after purchasing an additional 2,982,700 shares in the last quarter. Teacher Retirement System of Texas lifted its holdings in shares of Annaly Capital Management by 1,502.6% in the fourth quarter. Teacher Retirement System of Texas now owns 2,531,173 shares of the real estate investment trust’s stock valued at $30,096,000 after purchasing an additional 2,373,230 shares in the last quarter. Finally, LSV Asset Management lifted its holdings in shares of Annaly Capital Management by 10.0% in the fourth quarter. LSV Asset Management now owns 22,726,268 shares of the real estate investment trust’s stock valued at $270,215,000 after purchasing an additional 2,059,300 shares in the last quarter. Institutional investors own 55.49% of the company’s stock.

NLY has been the topic of several analyst reports. ValuEngine lowered Annaly Capital Management from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 26th. Zacks Investment Research lowered Annaly Capital Management from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Compass Point upgraded Annaly Capital Management from a “sell” rating to a “neutral” rating in a report on Tuesday. Finally, Bank of America upgraded Annaly Capital Management from an “underperform” rating to a “neutral” rating in a report on Thursday, February 1st. Six investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. Annaly Capital Management currently has an average rating of “Buy” and a consensus target price of $12.21.

Shares of Annaly Capital Management, Inc. (NYSE NLY) opened at $10.38 on Thursday. Annaly Capital Management, Inc. has a twelve month low of $10.03 and a twelve month high of $12.73. The stock has a market capitalization of $12,040.00, a PE ratio of 4.15, a P/E/G ratio of 1.91 and a beta of 0.05. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.27.

Annaly Capital Management (NYSE:NLY) last released its earnings results on Wednesday, February 14th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.01. Annaly Capital Management had a return on equity of 11.59% and a net margin of 104.56%. The business had revenue of $426.71 million for the quarter, compared to analyst estimates of $370.80 million. During the same quarter in the prior year, the company posted $0.30 earnings per share. Annaly Capital Management’s revenue was down 31.6% on a year-over-year basis. analysts expect that Annaly Capital Management, Inc. will post 1.21 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Friday, December 29th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 11.56%. The ex-dividend date of this dividend was Thursday, December 28th. Annaly Capital Management’s dividend payout ratio (DPR) is presently 48.00%.

In other Annaly Capital Management news, Chairman Wellington Denahan purchased 125,280 shares of the stock in a transaction on Thursday, December 7th. The shares were purchased at an average price of $11.97 per share, with a total value of $1,499,601.60. Following the completion of the transaction, the chairman now directly owns 1,798,414 shares in the company, valued at $21,527,015.58. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Glenn Votek purchased 25,000 shares of the stock in a transaction on Friday, December 1st. The shares were acquired at an average cost of $11.73 per share, for a total transaction of $293,250.00. The disclosure for this purchase can be found here. 0.43% of the stock is owned by insiders.

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Annaly Capital Management Profile

Annaly Capital Management, Inc is a mortgage real estate investment trust (REIT). The Company owns a portfolio of real estate related investments. Its investment groups primarily consist of Agency, which invests primarily in various types of Agency mortgage-backed securities and related derivatives to hedge these investments; Residential credit, which invests primarily in non-Agency mortgage-backed assets within securitized products and residential mortgage loan markets; Commercial real estate, which originates and invests in commercial mortgage loans, securities, and other commercial real estate investments, and Middle market, which provides customized debt financing to middle-market businesses.

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

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