Gateway Investment Advisers LLC Buys 13,506 Shares of Annaly Capital Management, Inc. (NLY)

Gateway Investment Advisers LLC boosted its stake in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 1.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,289,230 shares of the real estate investment trust’s stock after buying an additional 13,506 shares during the quarter. Gateway Investment Advisers LLC owned approximately 0.11% of Annaly Capital Management worth $15,329,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Salem Investment Counselors Inc. acquired a new position in Annaly Capital Management during the 3rd quarter worth about $100,000. Balentine LLC acquired a new position in Annaly Capital Management during the 2nd quarter worth about $114,000. Advisory Services Network LLC lifted its holdings in 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 buying an additional 806 shares during the period. Wellington Shields Capital Management LLC acquired a new position in Annaly Capital Management during the 3rd quarter worth about $122,000. Finally, Signet Financial Management LLC acquired a new position in Annaly Capital Management during the 2nd quarter worth about $126,000. 54.56% of the stock is currently owned by hedge funds and other institutional investors.

In other Annaly Capital Management news, CFO Glenn Votek acquired 25,000 shares of the stock in a transaction dated Friday, December 1st. The stock was purchased at an average cost of $11.73 per share, with a total value of $293,250.00. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, Director Donnell Segalas acquired 9,800 shares of the stock in a transaction dated Friday, November 10th. The stock was acquired 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 in the company, valued at approximately $1,161,783. The disclosure for this purchase can be found here. Over the last three months, insiders bought 460,080 shares of company stock valued at $5,239,984. Corporate insiders own 0.43% of the company’s stock.

NLY has been the topic of several recent research reports. Zacks Investment Research raised Annaly Capital Management from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a report on Friday, October 6th. ValuEngine downgraded Annaly Capital Management from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 26th. Four research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $12.21.

Annaly Capital Management, Inc. (NLY) opened at $11.08 on Friday. Annaly Capital Management, Inc. has a 12-month low of $10.08 and a 12-month 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 firm has a market capitalization of $12,998.48, a PE ratio of 4.43, a PEG ratio of 2.09 and a beta of 0.22.

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, topping 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 firm had revenue of $353.61 million during the quarter, compared to analyst estimates of $361.67 million. During the same period last year, the company posted $0.29 EPS. The business’s quarterly revenue was up 12.2% on a year-over-year basis. research analysts predict that Annaly Capital Management, Inc. will post 1.2 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, December 29th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 10.83%. The ex-dividend date of this dividend is Thursday, December 28th. Annaly Capital Management’s dividend payout ratio (DPR) is presently 48.00%.

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Annaly Capital Management Company 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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