Allianz Asset Management GmbH boosted its stake in Annaly Capital Management Inc (NYSE:NLY) by 19.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,795,734 shares of the real estate investment trust’s stock after acquiring an additional 939,594 shares during the quarter. Allianz Asset Management GmbH owned about 0.50% of Annaly Capital Management worth $70,651,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in NLY. Capstone Asset Management Co. boosted its holdings in Annaly Capital Management by 1.2% in the 2nd quarter. Capstone Asset Management Co. now owns 24,126 shares of the real estate investment trust’s stock worth $291,000 after acquiring an additional 280 shares during the period. US Bancorp DE boosted its stake in shares of Annaly Capital Management by 3.5% during the 2nd quarter. US Bancorp DE now owns 57,653 shares of the real estate investment trust’s stock valued at $695,000 after buying an additional 1,928 shares during the last quarter. NGAM Advisors L.P. boosted its stake in shares of Annaly Capital Management by 5.2% during the 2nd quarter. NGAM Advisors L.P. now owns 142,073 shares of the real estate investment trust’s stock valued at $1,712,000 after buying an additional 7,032 shares during the last quarter. CAPROCK Group Inc. purchased a new position in shares of Annaly Capital Management during the 2nd quarter valued at approximately $152,000. Finally, Sei Investments Co. boosted its stake in shares of Annaly Capital Management by 40.0% during the 2nd quarter. Sei Investments Co. now owns 112,489 shares of the real estate investment trust’s stock valued at $1,355,000 after buying an additional 32,144 shares during the last quarter. Hedge funds and other institutional investors own 54.45% of the company’s stock.
In other news, Director Donnell Segalas acquired 9,800 shares of Annaly Capital Management stock in a transaction that occurred on Friday, November 10th. The shares were purchased at an average cost of $11.34 per share, for a total transaction of $111,132.00. Following the completion of the purchase, the director now directly owns 102,450 shares of the company’s stock, valued at approximately $1,161,783. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Kevin Keyes acquired 300,000 shares of Annaly Capital Management stock in a transaction that occurred on Monday, November 6th. The shares were purchased at an average price of $11.12 per share, for a total transaction of $3,336,000.00. The disclosure for this purchase can be found here. Insiders have purchased 334,800 shares of company stock worth $3,740,382 over the last 90 days. 0.43% of the stock is currently owned by company insiders.
Annaly Capital Management Inc (NLY) traded down $0.02 during trading on Wednesday, hitting $11.97. The stock had a trading volume of 8,242,600 shares, compared to its average volume of 8,507,577. The stock has a market cap of $13,902.92, a PE ratio of 9.91, a P/E/G ratio of 2.29 and a beta of 0.22. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.03 and a current ratio of 0.03. Annaly Capital Management Inc has a 12 month low of $9.83 and a 12 month high of $12.73.
Annaly Capital Management (NYSE:NLY) last released its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.30 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.01. Annaly Capital Management had a return on equity of 11.59% and a net margin of 104.56%. The company had revenue of $353.61 million during the quarter, compared to analysts’ expectations of $361.67 million. During the same period in the prior year, the business posted $0.29 EPS. The business’s revenue was up 12.2% on a year-over-year basis. equities analysts forecast that Annaly Capital Management Inc will post 1.2 EPS for the current year.
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Annaly Capital Management 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.
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