Annaly Capital Management Inc (NYSE:NLY) Stake Increased by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC increased its stake in shares of Annaly Capital Management Inc (NYSE:NLY) by 10.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,069 shares of the real estate investment trust’s stock after buying an additional 1,946 shares during the period. Moloney Securities Asset Management LLC’s holdings in Annaly Capital Management were worth $242,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Acadian Asset Management LLC raised its position in shares of Annaly Capital Management by 69.2% in the second quarter. Acadian Asset Management LLC now owns 974,575 shares of the real estate investment trust’s stock valued at $11,743,000 after buying an additional 398,666 shares during the period. Parametrica Management Ltd acquired a new position in shares of Annaly Capital Management during the second quarter valued at approximately $268,000. Russell Investments Group Ltd. raised its position in shares of Annaly Capital Management by 15.0% in the second quarter. Russell Investments Group Ltd. now owns 2,278,258 shares of the real estate investment trust’s stock valued at $27,440,000 after buying an additional 297,091 shares during the period. Breton Hill Capital Ltd. acquired a new position in shares of Annaly Capital Management during the second quarter valued at approximately $821,000. Finally, Greenleaf Trust raised its position in shares of Annaly Capital Management by 56.1% in the second quarter. Greenleaf Trust now owns 18,309 shares of the real estate investment trust’s stock valued at $221,000 after buying an additional 6,579 shares during the period. Hedge funds and other institutional investors own 52.56% of the company’s stock.

Annaly Capital Management Inc (NLY) traded up 0.66% during mid-day trading on Tuesday, hitting $12.18. 8,007,806 shares of the company traded hands. The company’s 50-day moving average is $12.15 and its 200-day moving average is $11.43. The stock has a market capitalization of $12.41 billion, a price-to-earnings ratio of 4.21 and a beta of 0.28. Annaly Capital Management Inc has a one year low of $9.83 and a one year high of $12.73.

Annaly Capital Management (NYSE:NLY) last issued its earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.30 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.30. The business had revenue of $315.15 million for the quarter, compared to the consensus estimate of $424.18 million. Annaly Capital Management had a net margin of 121.84% and a return on equity of 11.27%. During the same period in the previous year, the company earned $0.29 earnings per share. Analysts predict that Annaly Capital Management Inc will post $1.19 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, July 31st. Investors of record on Friday, June 30th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, June 28th. This represents a $1.20 dividend on an annualized basis and a yield of 9.85%. Annaly Capital Management’s payout ratio is 41.52%.

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NLY has been the topic of several analyst reports. Zacks Investment Research upgraded shares of Annaly Capital Management from a “sell” rating to a “hold” rating in a research note on Wednesday, July 5th. BidaskClub upgraded shares of Annaly Capital Management from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 12th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $11.25 price target on shares of Annaly Capital Management in a research note on Friday, June 30th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $11.36.

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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