Annaly Capital Management (NLY) : Gardner Lewis Asset Management L P added new position in Annaly Capital Management during the most recent quarter end. The investment management firm now holds 2,806,957 shares of Annaly Capital Management which is valued at $31,101,084 , the company said in a statement filed on Aug 15, 2016 with the SEC.Annaly Capital Management makes up approximately 4.45% of Gardner Lewis Asset Management L P’s portfolio.
Other Hedge Funds, Including , Millennium Management boosted its stake in NLY in the latest quarter, The investment management firm added 1,065,261 additional shares and now holds a total of 1,343,732 shares of Annaly Capital Management which is valued at $14,888,551. Annaly Capital Management makes up approx 0.04% of Millennium Management’s portfolio. Investment Centers Of America Inc added NLY to its portfolio by purchasing 108,819 company shares during the most recent quarter which is valued at $1,204,626. Annaly Capital Management makes up approx 0.08% of Investment Centers Of America Inc’s portfolio. Davidson Garrard Inc added NLY to its portfolio by purchasing 54,435 company shares during the most recent quarter which is valued at $604,773. Annaly Capital Management makes up approx 0.14% of Davidson Garrard Inc’s portfolio.Mizuho Trust Banking Ltd. reduced its stake in NLY by selling 9,210 shares or 0.62% in the most recent quarter. The Hedge Fund company now holds 1,483,120 shares of NLY which is valued at $16,299,489. Annaly Capital Management makes up approx 0.05% of Mizuho Trust Banking Ltd.’s portfolio. Livingston Group Asset Management Co (operating As Southp… added NLY to its portfolio by purchasing 4,225 company shares during the most recent quarter which is valued at $46,010. Annaly Capital Management makes up approx 0.02% of Livingston Group Asset Management Co (operating As Southp…’s portfolio.
Annaly Capital Management (NLY) witnessed a volatile trading activity on Thursday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $10.71 and reached the intraday high at $10.74. The bulls started the profit booking and pushed the shares to intraday low of $10.63. The trading session was marked by a volume range of 67,60,343 shares exchanging hands. The 52-week high of the shares is $11.29 and the 52-week low is $8.25. The market cap of the company stands at $10,662 M and there are 99,55,32,780 shares in public circulation.
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.