64,940 Shares in Annaly Capital Management, Inc. (NLY) Acquired by Ingalls & Snyder LLC

Ingalls & Snyder LLC purchased a new stake in shares of Annaly Capital Management, Inc. (NYSE:NLY) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 64,940 shares of the real estate investment trust’s stock, valued at approximately $772,000.

A number of other large investors have also bought and sold shares of NLY. Salem Investment Counselors Inc. acquired a new position in Annaly Capital Management during the third quarter valued at $100,000. Balentine LLC acquired a new position in Annaly Capital Management during the second quarter valued at $114,000. Advisory Services Network LLC raised its position in Annaly Capital Management by 9.0% during the second quarter. Advisory Services Network LLC now owns 9,757 shares of the real estate investment trust’s stock valued at $118,000 after buying an additional 806 shares during the period. Wellington Shields Capital Management LLC acquired a new position in Annaly Capital Management during the third quarter valued at $122,000. Finally, Garrison Bradford & Associates Inc. acquired a new position in Annaly Capital Management during the fourth quarter valued at $125,000. 54.56% of the stock is currently owned by hedge funds and other institutional investors.

Several research analysts recently weighed in on the company. Zacks Investment Research raised Annaly Capital Management from a “hold” rating to a “buy” rating and set a $14.00 price target on the stock in a research report on Tuesday, September 26th. ValuEngine lowered Annaly Capital Management from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 26th. Four research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $12.21.

In other news, CEO Kevin Keyes bought 300,000 shares of the stock in a transaction 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 purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman Wellington Denahan bought 125,280 shares of the stock in a transaction on Thursday, December 7th. The stock was purchased at an average price of $11.97 per share, for a total transaction of $1,499,601.60. Following the purchase, the chairman now directly owns 1,798,414 shares of the company’s stock, valued at $21,527,015.58. The disclosure for this purchase can be found here. Insiders acquired 460,080 shares of company stock worth $5,239,984 in the last 90 days. Corporate insiders own 0.43% of the company’s stock.

Annaly Capital Management, Inc. (NLY) opened at $11.19 on Friday. 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, Inc. has a 52 week low of $10.09 and a 52 week high of $12.73. The company has a market capitalization of $12,980.00, a PE ratio of 4.48, a price-to-earnings-growth ratio of 2.07 and a beta of 0.22.

Annaly Capital Management (NYSE:NLY) last issued its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.30 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $353.61 million for the quarter, compared to the consensus estimate of $361.67 million. During the same quarter in the previous year, the company posted $0.29 earnings per share. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. equities research analysts forecast that Annaly Capital Management, Inc. will post 1.2 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Friday, December 29th will be paid a $0.30 dividend. The ex-dividend date is Thursday, December 28th. This represents a $1.20 dividend on an annualized basis and a yield of 10.72%. Annaly Capital Management’s dividend payout ratio (DPR) is currently 48.00%.

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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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