Annaly Capital Management Inc (NYSE:NLY) Position Lifted by Evanston Investments Inc. dba Evanston Advisors

Evanston Investments Inc. dba Evanston Advisors lifted its position in shares of Annaly Capital Management Inc (NYSE:NLY) by 30.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,631 shares of the real estate investment trust’s stock after buying an additional 10,000 shares during the quarter. Evanston Investments Inc. dba Evanston Advisors’ holdings in Annaly Capital Management were worth $520,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Evergreen Capital Management LLC acquired a new stake in Annaly Capital Management in the third quarter worth $250,000. Achmea Investment Management B.V. grew its holdings in Annaly Capital Management by 17.2% in the third quarter. Achmea Investment Management B.V. now owns 350,526 shares of the real estate investment trust’s stock worth $4,270,000 after purchasing an additional 51,474 shares during the period. JPMorgan Chase & Co. grew its holdings in Annaly Capital Management by 57.7% in the third quarter. JPMorgan Chase & Co. now owns 802,559 shares of the real estate investment trust’s stock worth $9,823,000 after purchasing an additional 293,546 shares during the period. Legal & General Group Plc grew its holdings in Annaly Capital Management by 9.0% in the third quarter. Legal & General Group Plc now owns 7,160,023 shares of the real estate investment trust’s stock worth $87,287,000 after purchasing an additional 589,076 shares during the period. Finally, Staley Capital Advisers Inc. acquired a new stake in Annaly Capital Management in the third quarter worth $126,000. Institutional investors own 54.45% of the company’s stock.

Annaly Capital Management Inc (NYSE NLY) traded down $0.02 during trading on Wednesday, hitting $11.97. 8,242,600 shares of the company’s stock were exchanged, compared to its average volume of 8,507,577. Annaly Capital Management Inc has a 12-month low of $9.83 and a 12-month high of $12.73. The company has a market capitalization of $13,902.92, a price-to-earnings ratio of 9.91, a price-to-earnings-growth ratio of 2.29 and a beta of 0.22. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.03 and a quick ratio of 0.03.

Annaly Capital Management (NYSE:NLY) last released its quarterly earnings data on Wednesday, November 1st. 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 Capital Management had a net margin of 104.56% and a return on equity of 11.59%. The firm had revenue of $353.61 million for the quarter, compared to analyst estimates of $361.67 million. During the same period last year, the firm earned $0.29 earnings per share. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. sell-side analysts forecast that Annaly Capital Management Inc will post 1.2 earnings per share for the current fiscal year.

In other Annaly Capital Management news, CEO Kevin Keyes acquired 300,000 shares of the company’s stock in a transaction on Monday, November 6th. The shares were purchased at an average cost of $11.12 per share, with a total value of $3,336,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Donnell Segalas acquired 9,800 shares of the company’s stock in a transaction on Friday, November 10th. The stock was acquired 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 disclosure for this purchase can be found here. Insiders acquired 334,800 shares of company stock worth $3,740,382 over the last ninety days. Insiders own 0.43% of the company’s stock.

NLY has been the subject of a number of research reports. Zacks Investment Research upgraded shares of Annaly Capital Management from a “hold” rating to a “buy” rating and set a $14.00 price target for the company in a report on Friday, October 6th. ValuEngine cut shares of Annaly Capital Management from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 26th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Hold” and an average target price of $11.77.

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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.

Institutional Ownership by Quarter for Annaly Capital Management (NYSE:NLY)

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