ANNALY Cap Mgmt/SH (NLY) Stake Boosted by Strs Ohio

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Strs Ohio lifted its position in shares of ANNALY Cap Mgmt/SH (NYSE:NLY) by 30.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 294,052 shares of the real estate investment trust’s stock after purchasing an additional 69,277 shares during the quarter. Strs Ohio’s holdings in ANNALY Cap Mgmt/SH were worth $3,008,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Commonwealth Bank of Australia boosted its position in shares of ANNALY Cap Mgmt/SH by 118.0% during the second quarter. Commonwealth Bank of Australia now owns 586,377 shares of the real estate investment trust’s stock worth $6,028,000 after purchasing an additional 317,344 shares in the last quarter. Centaurus Financial Inc. boosted its position in shares of ANNALY Cap Mgmt/SH by 121.3% during the second quarter. Centaurus Financial Inc. now owns 48,269 shares of the real estate investment trust’s stock worth $497,000 after purchasing an additional 26,458 shares in the last quarter. Korea Investment CORP boosted its position in shares of ANNALY Cap Mgmt/SH by 4.7% during the second quarter. Korea Investment CORP now owns 483,388 shares of the real estate investment trust’s stock worth $4,974,000 after purchasing an additional 21,600 shares in the last quarter. GAM Holding AG boosted its position in shares of ANNALY Cap Mgmt/SH by 26.1% during the second quarter. GAM Holding AG now owns 29,000 shares of the real estate investment trust’s stock worth $298,000 after purchasing an additional 6,000 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of ANNALY Cap Mgmt/SH by 2.4% during the second quarter. Bank of America Corp DE now owns 2,867,288 shares of the real estate investment trust’s stock worth $29,504,000 after purchasing an additional 67,968 shares in the last quarter. 51.58% of the stock is currently owned by institutional investors.

NLY opened at $9.88 on Tuesday. The firm has a market capitalization of $11.99 billion, a P/E ratio of 8.14 and a beta of 0.08. ANNALY Cap Mgmt/SH has a 12 month low of $9.77 and a 12 month high of $12.37. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.23.

ANNALY Cap Mgmt/SH (NYSE:NLY) last posted its quarterly earnings data on Wednesday, August 1st. The real estate investment trust reported $0.30 EPS for the quarter, beating the consensus estimate of $0.29 by $0.01. ANNALY Cap Mgmt/SH had a net margin of 112.29% and a return on equity of 12.10%. The business had revenue of $334.11 million for the quarter, compared to analysts’ expectations of $330.95 million. During the same period in the previous year, the firm posted $0.30 EPS. As a group, equities analysts forecast that ANNALY Cap Mgmt/SH will post 1.19 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 31st. Shareholders of record on Friday, September 28th will be given a dividend of $0.078 per share. The ex-dividend date is Thursday, September 27th. This represents a $0.31 annualized dividend and a yield of 3.16%. ANNALY Cap Mgmt/SH’s dividend payout ratio (DPR) is presently 98.36%.

A number of equities analysts have recently weighed in on NLY shares. Zacks Investment Research cut shares of ANNALY Cap Mgmt/SH from a “hold” rating to a “sell” rating in a research report on Monday, October 8th. JPMorgan Chase & Co. boosted their price objective on shares of ANNALY Cap Mgmt/SH from $10.00 to $10.50 and gave the company a “$10.45” rating in a research report on Monday, July 23rd. TheStreet cut shares of ANNALY Cap Mgmt/SH from a “b” rating to a “c+” rating in a research report on Thursday, October 11th. Finally, Barclays set a $11.00 price objective on shares of ANNALY Cap Mgmt/SH and gave the company a “hold” rating in a research report on Tuesday, September 11th. Two equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $10.88.

About ANNALY Cap Mgmt/SH

Annaly Capital Management, Inc, a diversified capital manager, invests in and finances residential and commercial assets. The company invests in various types of agency mortgage-backed securities, non-agency residential mortgage assets, and residential mortgage loans; and originates and invests in commercial mortgage loans, securities, and other commercial real estate investments.

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Institutional Ownership by Quarter for ANNALY Cap Mgmt/SH (NYSE:NLY)

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