Havens Advisors Exits Position in Annaly Capital Management (NLY)

Annaly Capital Management (NLY) : Havens Advisors has sold out all of its stake in Annaly Capital Management during the most recent quarter, according to the disclosure filed by the company on Oct 13, 2016 with the SEC. The investment management company has sold out 58,727 shares of Annaly Capital Management which is valued at $602,539.

Other Hedge Funds, Including , Gulf International Bank (uk) Ltd boosted its stake in NLY in the latest quarter, The investment management firm added 32,000 additional shares and now holds a total of 307,407 shares of Annaly Capital Management which is valued at $3,153,996. Annaly Capital Management makes up approx 0.05% of Gulf International Bank (uk) Ltd’s portfolio.Capstone Asset Management Co boosted its stake in NLY in the latest quarter, The investment management firm added 142 additional shares and now holds a total of 19,826 shares of Annaly Capital Management which is valued at $198,458. Annaly Capital Management makes up approx 0.01% of Capstone Asset Management Co’s portfolio.Cutler Group Lp reduced its stake in NLY by selling 700 shares or 5.2% in the most recent quarter. The Hedge Fund company now holds 12,754 shares of NLY which is valued at $128,305. Annaly Capital Management makes up approx 0.01% of Cutler Group Lp’s portfolio.Gradient Investments boosted its stake in NLY in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 900 shares of Annaly Capital Management which is valued at $9,054.

Annaly Capital Management closed down -0.05 points or -0.50% at $10.01 with 45,19,251 shares getting traded on Tuesday. Post opening the session at $10.05, the shares hit an intraday low of $10 and an intraday high of $10.075 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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.

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 Company’s 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.

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