Annaly Capital Management (NLY) : Willingdon Wealth Management scooped up 140,092 additional shares in Annaly Capital Management during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 9, 2016. The investment management firm now holds a total of 320,915 shares of Annaly Capital Management which is valued at $3,546,111.Annaly Capital Management makes up approximately 2.17% of Willingdon Wealth Management’s portfolio.
Other Hedge Funds, Including , Swiss National Bank boosted its stake in NLY in the latest quarter, The investment management firm added 629,900 additional shares and now holds a total of 6,943,675 shares of Annaly Capital Management which is valued at $75,338,874. Annaly Capital Management makes up approx 0.13% of Swiss National Bank’s portfolio. Telemus Capital added NLY to its portfolio by purchasing 10,592 company shares during the most recent quarter which is valued at $110,369. Annaly Capital Management makes up approx 0.02% of Telemus Capital’s portfolio. Candriam Luxembourg S.c.a. added NLY to its portfolio by purchasing 122,030 company shares during the most recent quarter which is valued at $1,271,553. Annaly Capital Management makes up approx 0.03% of Candriam Luxembourg S.c.a.’s portfolio.
Annaly Capital Management closed down -0.05 points or -0.45% at $11.05 with 57,54,652 shares getting traded on Friday. Post opening the session at $11.12, the shares hit an intraday low of $11.03 and an intraday high of $11.13 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Annaly Capital Management reported $0.30 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on May 4, 2016. Analyst had a consensus of $0.31.Analysts expectations of $ 289.33.During the same quarter in the previous year, the company posted $0.25 EPS.
Many Wall Street Analysts have commented on Annaly Capital Management. Annaly Capital Management was Downgraded by Compass Point to ” Neutral” on Mar 14, 2016. Shares were Reiterated by Deutsche Bank on Feb 25, 2016 to “Hold” and Lowered the Price Target to $ 10.50 from a previous price target of $10.75 .FBR Capital Upgraded Annaly Capital Management on Feb 23, 2016 to ” Outperform”, Price Target of the shares are set at $12.
Annaly Capital Management Inc. is a mortgage real estate investment trust (REIT). The Company uses its capital coupled with borrowed funds to invest in real estate related investments earning the spread between the yield on its assets and the cost of its borrowings. It owns a portfolio of real estate related investments including mortgage pass-through certificates collateralized mortgage obligations (CMOs) Agency callable debentures other securities representing interests in or obligations backed by pools of mortgage loans commercial real estate assets and corporate debt. The Companys business operations consist of Annaly (the parent company) Annaly Commercial Real Estate Group Inc. (ACREG) RCap Securities Inc. Fixed Income Discount Advisory Company (FIDAC) Annaly Middle Market Lending LLC and Shannon Funding LLC.