Annaly Capital Management (NLY) : Smith Affiliated Capital Corp. added new position in Annaly Capital Management during the most recent quarter end. The investment management firm now holds 10,000 shares of Annaly Capital Management which is valued at $104,100 , the company said in a statement filed on Apr 12, 2016 with the SEC.Annaly Capital Management makes up approximately 0.06% of Smith Affiliated Capital Corp.’s portfolio.
Annaly Capital Management opened for trading at $10.38 and hit $10.42 on the upside on Friday, eventually ending the session at $10.41, with a gain of 0.58% or 0.06 points. The heightened volatility saw the trading volume jump to 52,81,969 shares. Company has a market cap of $9,627 M.
Other Hedge Funds, Including , Prospera Financial Services Inc added NLY to its portfolio by purchasing 13,781 company shares during the most recent quarter which is valued at $143,460. Annaly Capital Management makes up approx 0.03% of Prospera Financial Services Inc’s portfolio.Fjarde Ap-fonden Fourth Swedish National Pension Fund boosted its stake in NLY in the latest quarter, The investment management firm added 16,885 additional shares and now holds a total of 295,800 shares of Annaly Capital Management which is valued at $3,079,278. Annaly Capital Management makes up approx 0.07% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’s portfolio.Creative Planning boosted its stake in NLY in the latest quarter, The investment management firm added 4,503 additional shares and now holds a total of 164,102 shares of Annaly Capital Management which is valued at $1,713,225. Annaly Capital Management makes up approx 0.01% of Creative Planning’s portfolio.Chelsea Counsel Co reduced its stake in NLY by selling 500 shares or 2.0% in the most recent quarter. The Hedge Fund company now holds 24,500 shares of NLY which is valued at $255,780. Annaly Capital Management makes up approx 0.07% of Chelsea Counsel Co’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 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.