Private Advisor Group LLC lowered its position in Annaly Capital Management, Inc. (NYSE:NLY) by 27.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 111,255 shares of the real estate investment trust’s stock after selling 42,574 shares during the quarter. Private Advisor Group LLC’s holdings in Annaly Capital Management were worth $1,278,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Barings LLC bought a new position in shares of Annaly Capital Management during the third quarter valued at about $548,000. White Lighthouse Investment Management Inc. purchased a new stake in shares of Annaly Capital Management during the fourth quarter worth about $960,000. Nationwide Fund Advisors boosted its holdings in shares of Annaly Capital Management by 33.9% during the third quarter. Nationwide Fund Advisors now owns 1,276,878 shares of the real estate investment trust’s stock worth $15,565,000 after purchasing an additional 323,384 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Annaly Capital Management by 3.4% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 341,744 shares of the real estate investment trust’s stock worth $4,166,000 after purchasing an additional 11,205 shares during the period. Finally, Public Employees Retirement System of Ohio boosted its holdings in shares of Annaly Capital Management by 5.9% during the third quarter. Public Employees Retirement System of Ohio now owns 450,742 shares of the real estate investment trust’s stock worth $5,495,000 after purchasing an additional 25,161 shares during the period. 60.07% of the stock is currently owned by institutional investors and hedge funds.
NLY has been the subject of a number of analyst reports. Zacks Investment Research lowered shares of Annaly Capital Management from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Keefe, Bruyette & Woods restated a “hold” rating on shares of Annaly Capital Management in a report on Friday, February 16th. Compass Point upgraded shares of Annaly Capital Management from a “sell” rating to a “neutral” rating in a report on Tuesday, February 13th. Finally, Bank of America upgraded shares of Annaly Capital Management from an “underperform” rating to a “neutral” rating in a report on Thursday, February 1st. Five analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. Annaly Capital Management has a consensus rating of “Buy” and a consensus price target of $12.21.
Shares of Annaly Capital Management, Inc. (NLY) opened at $10.57 on Wednesday. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.23. Annaly Capital Management, Inc. has a 1 year low of $10.00 and a 1 year high of $12.73. The firm has a market cap of $12,260.00, a P/E ratio of 7.95, a P/E/G ratio of 7.24 and a beta of 0.10.
Annaly Capital Management (NYSE:NLY) last posted its earnings results on Wednesday, February 14th. The real estate investment trust reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.01. Annaly Capital Management had a net margin of 72.18% and a return on equity of 11.66%. The business had revenue of $426.71 million during the quarter, compared to the consensus estimate of $370.80 million. During the same quarter in the previous year, the firm posted $0.30 EPS. The firm’s revenue was down 31.6% on a year-over-year basis. research analysts forecast that Annaly Capital Management, Inc. will post 1.17 EPS for the current fiscal year.
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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.
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