Annaly Capital Management (NLY) : Planning Alternatives Ltd Adv added new position in Annaly Capital Management during the most recent quarter end. The investment management firm now holds 12,979 shares of Annaly Capital Management which is valued at $142,639 , the company said in a statement filed on Aug 2, 2016 with the SEC.Annaly Capital Management makes up approximately 0.03% of Planning Alternatives Ltd Adv’s portfolio.
Other Hedge Funds, Including , Quantitative Investment Management boosted its stake in NLY in the latest quarter, The investment management firm added 307,800 additional shares and now holds a total of 358,000 shares of Annaly Capital Management which is valued at $3,934,420. Annaly Capital Management makes up approx 0.18% of Quantitative Investment Management’s portfolio.Huntington National Bank reduced its stake in NLY by selling 3,115 shares or 40.67% in the most recent quarter. The Hedge Fund company now holds 4,544 shares of NLY which is valued at $49,484. Albert D Mason Inc sold out all of its stake in NLY during the most recent quarter. The investment firm sold 37,225 shares of NLY which is valued $402,030.Denali Advisors boosted its stake in NLY in the latest quarter, The investment management firm added 91,000 additional shares and now holds a total of 549,000 shares of Annaly Capital Management which is valued at $5,846,850. Annaly Capital Management makes up approx 0.98% of Denali Advisors’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.