SG Americas Securities LLC Grows Position in Annaly Capital Management Inc (NLY)

SG Americas Securities LLC increased its position in Annaly Capital Management Inc (NYSE:NLY) by 161.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 388,448 shares of the real estate investment trust’s stock after buying an additional 239,648 shares during the period. SG Americas Securities LLC’s holdings in Annaly Capital Management were worth $4,735,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Sheets Smith Wealth Management boosted its position in Annaly Capital Management by 0.6% during the second quarter. Sheets Smith Wealth Management now owns 11,119 shares of the real estate investment trust’s stock worth $134,000 after purchasing an additional 67 shares during the period. C M Bidwell & Associates Ltd. boosted its position in Annaly Capital Management by 0.5% during the second quarter. C M Bidwell & Associates Ltd. now owns 21,800 shares of the real estate investment trust’s stock worth $263,000 after purchasing an additional 115 shares during the period. Laurel Wealth Advisors Inc. boosted its position in Annaly Capital Management by 1.0% during the second quarter. Laurel Wealth Advisors Inc. now owns 16,472 shares of the real estate investment trust’s stock worth $198,000 after purchasing an additional 156 shares during the period. Capstone Asset Management Co. boosted its position in Annaly Capital Management by 1.2% during the second quarter. Capstone Asset Management Co. now owns 24,126 shares of the real estate investment trust’s stock worth $291,000 after purchasing an additional 280 shares during the period. Finally, NorthRock Partners LLC boosted its position in Annaly Capital Management by 2.0% during the second quarter. NorthRock Partners LLC now owns 15,384 shares of the real estate investment trust’s stock worth $190,000 after purchasing an additional 301 shares during the period. Hedge funds and other institutional investors own 49.33% of the company’s stock.

A number of brokerages have issued reports on NLY. Zacks Investment Research raised Annaly Capital Management from a “hold” rating to a “buy” rating and set a $14.00 target price for the company in a research report on Friday, October 6th. ValuEngine raised Annaly Capital Management from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. BidaskClub raised Annaly Capital Management from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 4th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $11.25 target price on shares of Annaly Capital Management in a research report on Thursday, August 3rd. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and an average target price of $11.77.

In other Annaly Capital Management news, Director Donnell Segalas acquired 9,800 shares of Annaly Capital Management stock in a transaction dated Friday, November 10th. The stock was bought at an average cost of $11.34 per share, with a total value of $111,132.00. Following the completion of the transaction, the director now owns 102,450 shares of the company’s stock, valued at $1,161,783. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Kevin Keyes acquired 300,000 shares of Annaly Capital Management stock in a transaction dated Monday, November 6th. The stock was acquired at an average cost of $11.12 per share, with a total value of $3,336,000.00. The disclosure for this purchase can be found here. Insiders bought 409,800 shares of company stock valued at $4,696,132 over the last three months. 0.43% of the stock is owned by company insiders.

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Annaly Capital Management Inc (NLY) traded up $0.02 on Friday, hitting $11.49. The stock had a trading volume of 10,658,953 shares, compared to its average volume of 10,845,244. Annaly Capital Management Inc has a 12 month low of $9.83 and a 12 month high of $12.73. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $13,323.15, a PE ratio of 9.50, a price-to-earnings-growth ratio of 2.20 and a beta of 0.23.

Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.01. Annaly Capital Management had a return on equity of 11.59% and a net margin of 104.56%. The company had revenue of $353.61 million during the quarter, compared to analysts’ expectations of $361.67 million. During the same period in the prior year, the business earned $0.29 earnings per share. Annaly Capital Management’s revenue for the quarter was up 12.2% compared to the same quarter last year. equities research analysts anticipate that Annaly Capital Management Inc will post 1.2 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 31st. Stockholders of record on Friday, September 29th were given a $0.30 dividend. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $1.20 annualized dividend and a dividend yield of 10.44%. Annaly Capital Management’s dividend payout ratio is 48.00%.

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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