BlackRock Inc. Acquires 3,747,677 Shares of Annaly Capital Management, Inc. (NLY)

BlackRock Inc. boosted its holdings in Annaly Capital Management, Inc. (NYSE:NLY) by 4.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 98,105,683 shares of the real estate investment trust’s stock after purchasing an additional 3,747,677 shares during the period. BlackRock Inc. owned approximately 0.08% of Annaly Capital Management worth $1,166,474,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Schroder Investment Management Group raised its stake in shares of Annaly Capital Management by 12.3% during the fourth quarter. Schroder Investment Management Group now owns 90,267 shares of the real estate investment trust’s stock valued at $1,073,000 after acquiring an additional 9,899 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Annaly Capital Management by 10.1% during the fourth quarter. Bank of New York Mellon Corp now owns 4,884,499 shares of the real estate investment trust’s stock valued at $58,078,000 after acquiring an additional 448,704 shares during the last quarter. Rhumbline Advisers raised its stake in shares of Annaly Capital Management by 3.0% during the fourth quarter. Rhumbline Advisers now owns 1,493,883 shares of the real estate investment trust’s stock valued at $17,762,000 after acquiring an additional 42,948 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in shares of Annaly Capital Management by 16.7% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 398,916 shares of the real estate investment trust’s stock valued at $4,743,000 after acquiring an additional 57,172 shares during the last quarter. Finally, Shell Asset Management Co. bought a new position in shares of Annaly Capital Management during the fourth quarter valued at about $9,953,000. 57.10% of the stock is owned by institutional investors and hedge funds.

In related news, CFO Glenn Votek purchased 25,000 shares of Annaly Capital Management stock in a transaction that occurred on Friday, December 1st. The shares were bought at an average price of $11.73 per share, for a total transaction of $293,250.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Anthony C. Green purchased 23,250 shares of Annaly Capital Management stock in a transaction that occurred on Wednesday, February 21st. The shares were bought at an average price of $10.42 per share, for a total transaction of $242,265.00. The disclosure for this purchase can be found here. Insiders have purchased 173,530 shares of company stock worth $2,035,117 in the last quarter. 0.43% of the stock is owned by corporate insiders.

Annaly Capital Management, Inc. (NYSE NLY) opened at $10.16 on Thursday. Annaly Capital Management, Inc. has a 52-week low of $10.03 and a 52-week high of $12.73. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.03 and a current ratio of 0.03. The stock has a market cap of $11,780.00, a PE ratio of 7.64, a P/E/G ratio of 1.97 and a beta of 0.05.

Annaly Capital Management (NYSE:NLY) last announced its quarterly earnings results on Wednesday, February 14th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.01. Annaly Capital Management had a net margin of 72.18% and a return on equity of 12.00%. The company had revenue of $426.71 million for the quarter, compared to analysts’ expectations of $370.80 million. During the same quarter in the previous year, the company earned $0.30 earnings per share. Annaly Capital Management’s quarterly revenue was down 31.6% on a year-over-year basis. research analysts forecast that Annaly Capital Management, Inc. will post 1.24 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 31st. Investors of record on Friday, December 29th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 11.81%. The ex-dividend date was Thursday, December 28th. Annaly Capital Management’s dividend payout ratio is currently 90.23%.

Several brokerages have recently commented on NLY. Keefe, Bruyette & Woods reaffirmed a “hold” rating on shares of Annaly Capital Management in a research note on Friday, February 16th. Compass Point raised shares of Annaly Capital Management from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 13th. Bank of America raised shares of Annaly Capital Management from an “underperform” rating to a “neutral” rating in a research note on Thursday, February 1st. ValuEngine downgraded shares of Annaly Capital Management from a “strong-buy” rating to a “buy” rating in a research note on Thursday, October 26th. Finally, Zacks Investment Research downgraded shares of Annaly Capital Management from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Five investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $12.21.

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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.

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

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