Annaly Capital Management (NLY) : Pekin Singer Strauss Asset Management Il scooped up 12,065 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 2, 2016. The investment management firm now holds a total of 318,546 shares of Annaly Capital Management which is valued at $3,500,821.Annaly Capital Management makes up approximately 0.75% of Pekin Singer Strauss Asset Management Il’s portfolio.
Other Hedge Funds, Including , Planning Alternatives Ltd Adv added NLY to its portfolio by purchasing 12,979 company shares during the most recent quarter which is valued at $142,639. Annaly Capital Management makes up approx 0.03% of Planning Alternatives Ltd Adv’s portfolio.Regent Investment Management reduced its stake in NLY by selling 7,000 shares or 19.8% in the most recent quarter. The Hedge Fund company now holds 28,347 shares of NLY which is valued at $301,896. Annaly Capital Management makes up approx 0.16% of Regent Investment Management’s portfolio.Smith Affiliated Capital Corp. boosted its stake in NLY in the latest quarter, The investment management firm added 11,000 additional shares and now holds a total of 21,000 shares of Annaly Capital Management which is valued at $226,380. Annaly Capital Management makes up approx 0.12% of Smith Affiliated Capital Corp.’s portfolio.
Annaly Capital Management closed down -0.04 points or -0.36% at $11.07 with 73,69,169 shares getting traded on Monday. Post opening the session at $11.09, the shares hit an intraday low of $11.03 and an intraday high of $11.14 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
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.