Arizona State Retirement System Acquires 14,630 Shares of ANNALY Cap Mgmt/SH (NLY)

Arizona State Retirement System raised its holdings in ANNALY Cap Mgmt/SH (NYSE:NLY) by 1.9% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 773,941 shares of the real estate investment trust’s stock after buying an additional 14,630 shares during the period. Arizona State Retirement System’s holdings in ANNALY Cap Mgmt/SH were worth $7,917,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. lifted its position in shares of ANNALY Cap Mgmt/SH by 1.1% during the 2nd quarter. BlackRock Inc. now owns 97,930,510 shares of the real estate investment trust’s stock worth $1,007,706,000 after purchasing an additional 1,018,396 shares during the last quarter. State Treasurer State of Michigan purchased a new stake in shares of ANNALY Cap Mgmt/SH during the 3rd quarter worth $282,167,000. LSV Asset Management lifted its position in shares of ANNALY Cap Mgmt/SH by 1.3% during the 2nd quarter. LSV Asset Management now owns 23,974,949 shares of the real estate investment trust’s stock worth $246,702,000 after purchasing an additional 301,081 shares during the last quarter. Allianz Asset Management GmbH lifted its position in shares of ANNALY Cap Mgmt/SH by 16.7% during the 1st quarter. Allianz Asset Management GmbH now owns 9,443,757 shares of the real estate investment trust’s stock worth $98,498,000 after purchasing an additional 1,353,121 shares during the last quarter. Finally, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp lifted its position in ANNALY Cap Mgmt/SH by 1.2% in the second quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 7,449,800 shares of the real estate investment trust’s stock valued at $76,658,000 after acquiring an additional 85,000 shares during the last quarter. 51.58% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts recently weighed in on NLY shares. JPMorgan Chase & Co. boosted their price target on shares of ANNALY Cap Mgmt/SH from $10.00 to $10.50 and gave the company a “$10.45” rating in a research report on Monday, July 23rd. Zacks Investment Research cut shares of ANNALY Cap Mgmt/SH from a “hold” rating to a “sell” rating in a research report on Tuesday, July 24th. Barclays set a $11.00 price target on shares of ANNALY Cap Mgmt/SH and gave the company a “hold” rating in a research report on Tuesday, September 11th. Finally, TheStreet cut shares of ANNALY Cap Mgmt/SH from a “b” rating to a “c+” rating in a research report on Thursday, October 11th. Two investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The company has an average rating of “Hold” and a consensus target price of $10.63.

Shares of NLY opened at $9.73 on Monday. ANNALY Cap Mgmt/SH has a 1-year low of $9.70 and a 1-year high of $12.37. The firm has a market capitalization of $11.84 billion, a P/E ratio of 7.98 and a beta of 0.13. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.02 and a quick ratio of 0.02.

ANNALY Cap Mgmt/SH (NYSE:NLY) last announced its quarterly earnings results on Wednesday, October 31st. The real estate investment trust reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.01. ANNALY Cap Mgmt/SH had a net margin of 105.40% and a return on equity of 12.38%. The firm had revenue of $315.62 million during the quarter, compared to analysts’ expectations of $398.00 million. During the same period in the previous year, the company earned $0.30 earnings per share. As a group, sell-side analysts predict that ANNALY Cap Mgmt/SH will post 1.19 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 31st. Investors of record on Friday, September 28th were given a $0.078 dividend. The ex-dividend date was Thursday, September 27th. This represents a $0.31 dividend on an annualized basis and a yield of 3.21%. ANNALY Cap Mgmt/SH’s dividend payout ratio (DPR) is presently 98.36%.

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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Institutional Ownership by Quarter for ANNALY Cap Mgmt/SH (NYSE:NLY)

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