Advisory Services Network LLC lifted its position in shares of ANNALY CAP MGMT/SH (NYSE:NLY) by 4.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 41,976 shares of the real estate investment trust’s stock after acquiring an additional 1,896 shares during the quarter. Advisory Services Network LLC’s holdings in ANNALY CAP MGMT/SH were worth $396,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of the company. Virtu Financial LLC boosted its stake in ANNALY CAP MGMT/SH by 56.5% in the 4th quarter. Virtu Financial LLC now owns 160,825 shares of the real estate investment trust’s stock worth $1,515,000 after purchasing an additional 58,080 shares during the period. Cambridge Investment Research Advisors Inc. raised its holdings in shares of ANNALY CAP MGMT/SH by 19.5% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 605,354 shares of the real estate investment trust’s stock valued at $5,702,000 after acquiring an additional 98,628 shares in the last quarter. Dynamic Advisor Solutions LLC raised its holdings in shares of ANNALY CAP MGMT/SH by 38.7% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 23,667 shares of the real estate investment trust’s stock valued at $223,000 after acquiring an additional 6,598 shares in the last quarter. State Board of Administration of Florida Retirement System raised its holdings in shares of ANNALY CAP MGMT/SH by 1.0% in the 4th quarter. State Board of Administration of Florida Retirement System now owns 1,658,503 shares of the real estate investment trust’s stock valued at $15,623,000 after acquiring an additional 16,610 shares in the last quarter. Finally, Atticus Wealth Management LLC purchased a new stake in shares of ANNALY CAP MGMT/SH in the 4th quarter valued at about $131,000. Institutional investors own 53.60% of the company’s stock.
Several analysts have weighed in on the company. Wells Fargo & Co assumed coverage on ANNALY CAP MGMT/SH in a report on Thursday, December 19th. They issued an “equal weight” rating and a $9.00 price target on the stock. ValuEngine cut ANNALY CAP MGMT/SH from a “buy” rating to a “hold” rating in a report on Wednesday, January 8th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $9.86.
ANNALY CAP MGMT/SH (NYSE:NLY) last released its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.02. The firm had revenue of $454.16 million for the quarter, compared to analysts’ expectations of $419.65 million. ANNALY CAP MGMT/SH had a positive return on equity of 11.66% and a negative net margin of 188.46%. During the same quarter last year, the firm posted $0.29 EPS. On average, equities research analysts expect that ANNALY CAP MGMT/SH will post 0.99 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were issued a dividend of $0.25 per share. The ex-dividend date was Monday, December 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 9.68%. ANNALY CAP MGMT/SH’s dividend payout ratio is 100.00%.
In other news, Director John H. Schaefer acquired 10,000 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were bought at an average cost of $9.21 per share, with a total value of $92,100.00. Following the acquisition, the director now owns 87,494 shares in the company, valued at approximately $805,819.74. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.34% of the company’s stock.
ANNALY CAP MGMT/SH 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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