Annaly Capital Management (NLY) : Yakira Capital Management added new position in Annaly Capital Management during the most recent quarter end. The investment management firm now holds 389,443 shares of Annaly Capital Management which is valued at $4,315,028 , the company said in a statement filed on Aug 11, 2016 with the SEC.Annaly Capital Management makes up approximately 1.64% of Yakira Capital Management’s portfolio.
Other Hedge Funds, Including , Tiaa Cref Investment Management reduced its stake in NLY by selling 114,813 shares or 2.36% in the most recent quarter. The Hedge Fund company now holds 4,760,254 shares of NLY which is valued at $52,743,614. Annaly Capital Management makes up approx 0.04% of Tiaa Cref Investment Management’s portfolio.State Of Alaska Department Of Revenue boosted its stake in NLY in the latest quarter, The investment management firm added 9,830 additional shares and now holds a total of 152,637 shares of Annaly Capital Management which is valued at $1,648,480. Annaly Capital Management makes up approx 0.17% of State Of Alaska Department Of Revenue’s portfolio. Nisa Investment Advisors added NLY to its portfolio by purchasing 50,000 company shares during the most recent quarter which is valued at $532,500. Annaly Capital Management makes up approx 0.01% of Nisa Investment Advisors’s portfolio.Advocacy Wealth Management Services reduced its stake in NLY by selling 3,680 shares or 41.96% in the most recent quarter. The Hedge Fund company now holds 5,090 shares of NLY which is valued at $54,209. Annaly Capital Management makes up approx 0.03% of Advocacy Wealth Management Services’s portfolio.
Annaly Capital Management opened for trading at $10.94 and hit $10.96 on the upside on Tuesday, eventually ending the session at $10.93, with a gain of 0.09% or 0.01 points. The heightened volatility saw the trading volume jump to 48,89,842 shares. Company has a market cap of $10,881 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.