Optimum Investment Advisors reduced its position in shares of ANNALY CAP MGMT/SH (NYSE:NLY) by 8.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,345 shares of the real estate investment trust’s stock after selling 2,000 shares during the quarter. Optimum Investment Advisors’ holdings in ANNALY CAP MGMT/SH were worth $201,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. Marshall Wace LLP acquired a new position in shares of ANNALY CAP MGMT/SH during the first quarter valued at $30,000. Marshall Wace North America L.P. purchased a new position in ANNALY CAP MGMT/SH during the first quarter valued at approximately $40,000. Amundi Pioneer Asset Management Inc. increased its stake in shares of ANNALY CAP MGMT/SH by 51.2% in the first quarter. Amundi Pioneer Asset Management Inc. now owns 1,932,317 shares of the real estate investment trust’s stock worth $19,304,000 after acquiring an additional 653,996 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of ANNALY CAP MGMT/SH by 9.6% in the second quarter. AQR Capital Management LLC now owns 551,124 shares of the real estate investment trust’s stock worth $5,032,000 after acquiring an additional 48,137 shares during the last quarter. Finally, Point72 Asset Management L.P. purchased a new stake in shares of ANNALY CAP MGMT/SH during the second quarter worth $77,000. 53.76% of the stock is currently owned by institutional investors.
Several brokerages have recently commented on NLY. ValuEngine downgraded shares of ANNALY CAP MGMT/SH from a “buy” rating to a “hold” rating in a report on Wednesday, January 8th. Wells Fargo & Co began coverage on ANNALY CAP MGMT/SH in a report on Thursday, December 19th. They set an “equal weight” rating and a $9.00 price objective on the stock. Finally, Royal Bank of Canada assumed coverage on ANNALY CAP MGMT/SH in a research note on Wednesday, October 2nd. They issued an “outperform” rating and a $10.00 price objective on the stock. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $9.86.
ANNALY CAP MGMT/SH (NYSE:NLY) last released its quarterly earnings results on Wednesday, October 30th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.04). The firm had revenue of $152.39 million for the quarter, compared to the consensus estimate of $449.05 million. ANNALY CAP MGMT/SH had a positive return on equity of 11.66% and a negative net margin of 188.46%. During the same quarter in the previous year, the business posted $0.30 EPS. Sell-side analysts forecast that ANNALY CAP MGMT/SH will post 0.99 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 10.29%. The ex-dividend date of this dividend is Monday, December 30th. ANNALY CAP MGMT/SH’s dividend payout ratio (DPR) is presently 100.00%.
In other ANNALY CAP MGMT/SH news, Director John H. Schaefer purchased 10,000 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was purchased at an average cost of $9.21 per share, for a total transaction of $92,100.00. Following the acquisition, the director now owns 87,494 shares in the company, valued at approximately $805,819.74. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.34% of the company’s stock.
ANNALY CAP MGMT/SH Profile
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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