Flinton Capital Management LLC continued to hold its stake in shares of Annaly Capital Management Inc (NYSE:NLY) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,812 shares of the real estate investment trust’s stock at the end of the 2nd quarter. Flinton Capital Management LLC’s holdings in Annaly Capital Management were worth $335,000 as of its most recent SEC filing.
A number of other large investors have also recently modified their holdings of the business. North Star Investment Management Corp. grew its position in shares of Annaly Capital Management by 12.5% during the second quarter. North Star Investment Management Corp. now owns 9,235 shares of the real estate investment trust’s stock worth $111,000 after buying an additional 1,028 shares in the last quarter. MCF Advisors LLC grew its position in shares of Annaly Capital Management by 2,903.2% during the second quarter. MCF Advisors LLC now owns 9,310 shares of the real estate investment trust’s stock worth $112,000 after buying an additional 9,000 shares in the last quarter. Pointe Capital Management LLC acquired a new stake in shares of Annaly Capital Management during the second quarter worth approximately $127,000. Brighton Jones LLC acquired a new stake in shares of Annaly Capital Management during the second quarter worth approximately $130,000. Finally, D L Carlson Investment Group Inc. acquired a new stake in shares of Annaly Capital Management during the second quarter worth approximately $133,000. 51.34% of the stock is owned by institutional investors.
In other Annaly Capital Management news, Director Francine J. Bovich acquired 13,500 shares of Annaly Capital Management stock in a transaction on Thursday, August 17th. The shares were bought at an average price of $12.29 per share, with a total value of $165,915.00. Following the completion of the purchase, the director now owns 13,500 shares in the company, valued at $165,915. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider David L. Finkelstein acquired 100,000 shares of Annaly Capital Management stock in a transaction on Friday, September 1st. The stock was acquired at an average cost of $12.49 per share, for a total transaction of $1,249,000.00. Following the purchase, the insider now owns 300,000 shares of the company’s stock, valued at approximately $3,747,000. The disclosure for this purchase can be found here. In the last three months, insiders acquired 139,200 shares of company stock worth $1,726,513. Insiders own 0.43% of the company’s stock.
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Shares of Annaly Capital Management Inc (NYSE NLY) opened at 12.06 on Thursday. The company has a market capitalization of $13.12 billion, a PE ratio of 4.17 and a beta of 0.28. The firm has a 50-day moving average price of $12.34 and a 200-day moving average price of $12.00. 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 announced its quarterly earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.30 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.30. The business had revenue of $315.15 million for the quarter, compared to analyst estimates of $424.18 million. Annaly Capital Management had a return on equity of 11.33% and a net margin of 121.84%. During the same quarter in the previous year, the firm earned $0.29 EPS. Equities analysts anticipate that Annaly Capital Management Inc will post $1.20 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Friday, September 29th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 9.95%. The ex-dividend date of this dividend is Thursday, September 28th. Annaly Capital Management’s dividend payout ratio is currently 41.52%.
NLY has been the subject of a number of recent analyst reports. ValuEngine raised shares of Annaly Capital Management from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Zacks Investment Research raised shares of Annaly Capital Management from a “sell” rating to a “hold” rating in a research report on Wednesday, July 5th. BidaskClub raised shares of Annaly Capital Management from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 12th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $11.25 price target on shares of Annaly Capital Management in a research report on Friday, June 30th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company’s stock. Annaly Capital Management has a consensus rating of “Buy” and a consensus target price of $11.69.
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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