Graybill Bartz Assoc Ltd Exits Position in Annaly Capital Management (NLY)

Annaly Capital Management (NLY) : Graybill Bartz Assoc Ltd has sold out all of its stake in Annaly Capital Management during the most recent quarter, according to a report filed by the company on Apr 5, 2016 with the SEC. The investment management company has sold out 267,635 shares of Annaly Capital Management which is valued at $2.8 Million.

Other Hedge Funds, Including , Hollencrest Securities added NLY to its portfolio by purchasing 36,775 company shares during the most recent quarter which is valued at $383,931. Annaly Capital Management makes up approx 0.07% of Hollencrest Securities’s portfolio.

On the company’s financial health, Annaly Capital Management reported $0.31 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Feb 24, 2016. Analyst had a consensus of $0.29.Analysts expectations of $ 270.57.During the same quarter in the previous year, the company posted $0.30 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 opened for trading at $10.16 and hit $10.45 on the upside on Monday, eventually ending the session at $10.44, with a gain of 0.29% or 0.03 points. The heightened volatility saw the trading volume jump to 3,76,19,649 shares. Company has a market cap of $9,655 M.

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 Company’s 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.

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