Jefferies Group LLC bought a new stake in Annaly Capital Management (NYSE:NLY) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 136,465 shares of the real estate investment trust’s stock, valued at approximately $1,623,000.
A number of other hedge funds also recently made changes to their positions in NLY. Daiwa SB Investments Ltd. boosted its holdings in shares of Annaly Capital Management by 42.8% during the 4th quarter. Daiwa SB Investments Ltd. now owns 16,840 shares of the real estate investment trust’s stock worth $200,000 after buying an additional 5,050 shares in the last quarter. Mackenzie Financial Corp boosted its holdings in shares of Annaly Capital Management by 3.7% during the 4th quarter. Mackenzie Financial Corp now owns 160,198 shares of the real estate investment trust’s stock worth $1,905,000 after buying an additional 5,647 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of Annaly Capital Management by 51.7% during the 4th quarter. Sequoia Financial Advisors LLC now owns 16,787 shares of the real estate investment trust’s stock worth $200,000 after buying an additional 5,720 shares in the last quarter. Comerica Bank boosted its holdings in shares of Annaly Capital Management by 5.9% during the 3rd quarter. Comerica Bank now owns 103,961 shares of the real estate investment trust’s stock worth $1,202,000 after buying an additional 5,801 shares in the last quarter. Finally, Westpac Banking Corp boosted its holdings in shares of Annaly Capital Management by 9.6% during the 4th quarter. Westpac Banking Corp now owns 69,657 shares of the real estate investment trust’s stock worth $828,000 after buying an additional 6,077 shares in the last quarter. Institutional investors and hedge funds own 60.08% of the company’s stock.
Shares of NYSE:NLY opened at $10.48 on Friday. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.23. Annaly Capital Management has a twelve month low of $10.00 and a twelve month high of $12.73. The company has a market cap of $12,118.06, a PE ratio of 8.59, a PEG ratio of 7.32 and a beta of 0.02.
Annaly Capital Management (NYSE:NLY) last issued its earnings results on Wednesday, February 14th. The real estate investment trust reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.01. Annaly Capital Management had a return on equity of 11.66% and a net margin of 72.18%. The company had revenue of $426.71 million for the quarter, compared to analyst estimates of $370.80 million. During the same period in the prior year, the firm earned $0.30 earnings per share. Annaly Capital Management’s revenue for the quarter was down 31.6% on a year-over-year basis. equities analysts predict that Annaly Capital Management will post 1.17 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Monday, April 30th. Stockholders of record on Thursday, March 29th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 11.45%. The ex-dividend date of this dividend is Wednesday, March 28th. Annaly Capital Management’s payout ratio is 98.36%.
In other news, insider Anthony C. Green bought 23,250 shares of the stock in a transaction dated Wednesday, February 21st. The shares were bought at an average cost of $10.42 per share, with a total value of $242,265.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.43% of the stock is owned by corporate insiders.
A number of equities analysts have issued reports on the company. Zacks Investment Research cut Annaly Capital Management from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Keefe, Bruyette & Woods restated a “hold” rating on shares of Annaly Capital Management in a report on Friday, February 16th. Bank of America upgraded Annaly Capital Management from an “underperform” rating to a “neutral” rating in a report on Thursday, February 1st. Finally, Compass Point upgraded Annaly Capital Management from a “sell” rating to a “neutral” rating in a report on Tuesday, February 13th. Four equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $12.63.
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Annaly Capital Management Company 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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