Janus Henderson Group PLC raised its position in Annaly Capital Management Inc (NYSE:NLY) by 136.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,528,679 shares of the real estate investment trust’s stock after purchasing an additional 4,340,397 shares during the period. Janus Henderson Group PLC owned about 0.65% of Annaly Capital Management worth $91,774,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in NLY. Balentine LLC purchased a new position in shares of Annaly Capital Management during the 2nd quarter worth about $114,000. Advisory Services Network LLC lifted its holdings in shares of Annaly Capital Management by 9.0% during the 2nd quarter. Advisory Services Network LLC now owns 9,757 shares of the real estate investment trust’s stock worth $118,000 after acquiring an additional 806 shares during the period. Wellington Shields Capital Management LLC purchased a new position in shares of Annaly Capital Management during the 3rd quarter worth about $122,000. Staley Capital Advisers Inc. purchased a new position in shares of Annaly Capital Management during the 3rd quarter worth about $126,000. Finally, Signet Financial Management LLC purchased a new position in shares of Annaly Capital Management during the 2nd quarter worth about $126,000. Institutional investors own 54.65% of the company’s stock.
In other Annaly Capital Management news, CEO Kevin Keyes purchased 300,000 shares of the business’s stock in a transaction that occurred on Monday, November 6th. The shares were purchased at an average price of $11.12 per share, for a total transaction of $3,336,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Wellington Denahan purchased 125,280 shares of the business’s stock in a transaction that occurred on Thursday, December 7th. The stock was acquired at an average price of $11.97 per share, for a total transaction of $1,499,601.60. Following the acquisition, the chairman now directly owns 1,798,414 shares of the company’s stock, valued at approximately $21,527,015.58. The disclosure for this purchase can be found here. Insiders purchased 460,080 shares of company stock worth $5,239,984 in the last 90 days. 0.43% of the stock is currently owned by insiders.
Annaly Capital Management Inc (NYSE:NLY) traded up $0.04 during midday trading on Friday, reaching $12.16. 5,849,200 shares of the company traded hands, compared to its average volume of 8,471,709. Annaly Capital Management Inc has a 52-week low of $9.83 and a 52-week high of $12.73. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.03 and a quick ratio of 0.03. The stock has a market capitalization of $14,053.66, a price-to-earnings ratio of 10.02, a price-to-earnings-growth ratio of 2.32 and a beta of 0.22.
Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.30 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.01. Annaly Capital Management had a net margin of 104.56% and a return on equity of 11.59%. The firm had revenue of $353.61 million for the quarter, compared to analyst estimates of $361.67 million. During the same quarter last year, the firm posted $0.29 earnings per share. Annaly Capital Management’s revenue for the quarter was up 12.2% compared to the same quarter last year. sell-side analysts anticipate that Annaly Capital Management Inc will post 1.2 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Friday, December 29th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $1.20 annualized dividend and a yield of 9.87%. Annaly Capital Management’s payout ratio is 48.00%.
Several research analysts have recently weighed in on NLY shares. ValuEngine lowered shares of Annaly Capital Management from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 26th. Zacks Investment Research upgraded shares of Annaly Capital Management from a “hold” rating to a “buy” rating and set a $14.00 price objective on the stock in a report on Tuesday, September 26th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $11.77.
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About Annaly Capital Management
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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