SG Americas Securities LLC Has $4.74 Million Stake in Annaly Capital Management Inc (NYSE:NLY)

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

Several other institutional investors also recently made changes to their positions in the company. Commonwealth Equity Services Inc boosted its holdings in shares of Annaly Capital Management by 3.1% in the 3rd quarter. Commonwealth Equity Services Inc now owns 547,337 shares of the real estate investment trust’s stock worth $6,672,000 after purchasing an additional 16,412 shares during the period. IBM Retirement Fund boosted its holdings in Annaly Capital Management by 76.1% during the 3rd quarter. IBM Retirement Fund now owns 26,440 shares of the real estate investment trust’s stock valued at $357,000 after acquiring an additional 11,430 shares during the period. Russell Investments Group Ltd. boosted its holdings in Annaly Capital Management by 13.4% during the 3rd quarter. Russell Investments Group Ltd. now owns 2,583,673 shares of the real estate investment trust’s stock valued at $31,475,000 after acquiring an additional 305,415 shares during the period. Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in Annaly Capital Management by 8.9% during the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 3,578,766 shares of the real estate investment trust’s stock valued at $43,625,000 after acquiring an additional 291,480 shares during the period. Finally, Stratos Wealth Partners LTD. purchased a new position in Annaly Capital Management during the 3rd quarter valued at $633,000. Hedge funds and other institutional investors own 54.45% of the company’s stock.

A number of equities analysts recently issued reports on NLY shares. ValuEngine cut Annaly Capital Management from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 26th. 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. Two analysts have rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. Annaly Capital Management currently has a consensus rating of “Hold” and a consensus price target of $11.77.

In other Annaly Capital Management news, CEO Kevin Keyes purchased 300,000 shares of Annaly Capital Management stock in a transaction that occurred on Monday, November 6th. The stock was bought at an average price of $11.12 per share, with a total value of $3,336,000.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Glenn Votek bought 25,000 shares of Annaly Capital Management stock in a transaction on Friday, December 1st. The shares were purchased at an average cost of $11.73 per share, with a total value of $293,250.00. The disclosure for this purchase can be found here. Insiders bought 334,800 shares of company stock worth $3,740,382 in the last 90 days. Company insiders own 0.43% of the company’s stock.

Shares of Annaly Capital Management Inc (NYSE NLY) traded up $0.19 during mid-day trading on Monday, reaching $11.99. The company had a trading volume of 12,069,963 shares, compared to its average volume of 8,508,697. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.27. The stock has a market cap of $13,900.00, a P/E ratio of 9.75, a price-to-earnings-growth ratio of 2.26 and a beta of 0.22. Annaly Capital Management Inc has a 1 year low of $9.83 and a 1 year high of $12.73.

Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.30 earnings per share for the quarter, beating the Thomson Reuters’ 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 business had revenue of $353.61 million for the quarter, compared to the consensus estimate of $361.67 million. During the same quarter in the previous year, the business earned $0.29 EPS. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. sell-side analysts predict that Annaly Capital Management Inc will post 1.2 EPS for the current 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.

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

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