Annaly Capital Management (NLY) : Brave Asset Management Inc scooped up 54,987 additional shares in Annaly Capital Management during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 9, 2016. The investment management firm now holds a total of 157,312 shares of Annaly Capital Management which is valued at $1,744,590.Annaly Capital Management makes up approximately 1.14% of Brave Asset Management Inc’s portfolio.
Other Hedge Funds, Including , Global X Management Co boosted its stake in NLY in the latest quarter, The investment management firm added 258,061 additional shares and now holds a total of 2,898,296 shares of Annaly Capital Management which is valued at $32,142,103. Annaly Capital Management makes up approx 1.55% of Global X Management Co’s portfolio.Investors Capital Advisory Services reduced its stake in NLY by selling 10,090 shares or 7.89% in the most recent quarter. The Hedge Fund company now holds 117,837 shares of NLY which is valued at $1,295,029. Annaly Capital Management makes up approx 0.25% of Investors Capital Advisory Services’s portfolio.Integrated Wealth Management reduced its stake in NLY by selling 447 shares or 22.23% in the most recent quarter. The Hedge Fund company now holds 1,564 shares of NLY which is valued at $17,188. Annaly Capital Management makes up approx 0.01% of Integrated Wealth Management’s portfolio.Candriam Luxembourg S.c.a. boosted its stake in NLY in the latest quarter, The investment management firm added 10,009 additional shares and now holds a total of 132,039 shares of Annaly Capital Management which is valued at $1,437,905. Annaly Capital Management makes up approx 0.04% of Candriam Luxembourg S.c.a.’s portfolio. Franklin Street Advisors Inc Nc sold out all of its stake in NLY during the most recent quarter. The investment firm sold 20,000 shares of NLY which is valued $215,600.
Annaly Capital Management opened for trading at $10.84 and hit $10.87 on the upside on Wednesday, eventually ending the session at $10.85, with a gain of 0.18% or 0.02 points. The heightened volatility saw the trading volume jump to 93,27,140 shares. Company has a market cap of $10,802 M.
On the company’s financial health, Annaly Capital Management reported $0.29 EPS for the quarter, based on the information available during the earnings call on Aug 3, 2016. Analyst had a consensus estimate of $0.29.Analysts expectations of $ 279.54.During the same quarter in the previous year, the company posted $0.41 EPS.
Many Wall Street Analysts have commented on Annaly Capital Management. Compass Point Downgraded Annaly Capital Management on Jun 15, 2016 to ” Sell”, Price Target of the shares are set at $10.50.
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.