Brighton Jones LLC acquired a new stake in Annaly Capital Management Inc (NYSE:NLY) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,786 shares of the real estate investment trust’s stock, valued at approximately $130,000.

Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. raised its stake in shares of Annaly Capital Management by 5,238.7% in the first quarter. BlackRock Inc. now owns 92,084,652 shares of the real estate investment trust’s stock valued at $1,023,059,000 after buying an additional 90,359,815 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Annaly Capital Management by 4.8% in the first quarter. Vanguard Group Inc. now owns 82,592,638 shares of the real estate investment trust’s stock valued at $917,603,000 after buying an additional 3,810,179 shares in the last quarter. State Street Corp raised its stake in shares of Annaly Capital Management by 4.4% in the first quarter. State Street Corp now owns 27,784,006 shares of the real estate investment trust’s stock valued at $308,680,000 after buying an additional 1,181,556 shares in the last quarter. APG Asset Management N.V. raised its stake in shares of Annaly Capital Management by 12.9% in the second quarter. APG Asset Management N.V. now owns 15,823,160 shares of the real estate investment trust’s stock valued at $190,669,000 after buying an additional 1,807,500 shares in the last quarter. Finally, Renaissance Technologies LLC raised its stake in shares of Annaly Capital Management by 21.1% in the first quarter. Renaissance Technologies LLC now owns 10,384,526 shares of the real estate investment trust’s stock valued at $115,372,000 after buying an additional 1,808,817 shares in the last quarter. 51.87% of the stock is currently owned by institutional investors and hedge funds.

Shares of Annaly Capital Management Inc (NLY) opened at 12.35 on Wednesday. The company has a market cap of $13.44 billion, a price-to-earnings ratio of 4.27 and a beta of 0.28. The stock has a 50 day moving average of $12.15 and a 200 day moving average of $11.66. Annaly Capital Management Inc has a 52-week low of $9.83 and a 52-week high of $12.73.

Annaly Capital Management (NYSE:NLY) last issued its earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.30 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.30. The firm had revenue of $315.15 million for the quarter, compared to analyst estimates of $424.18 million. Annaly Capital Management had a return on equity of 11.33% and a net margin of 121.84%. During the same quarter in the prior year, the firm earned $0.29 earnings per share. On average, equities research analysts expect that Annaly Capital Management Inc will post $1.20 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Shareholders of record on Friday, June 30th were given a $0.30 dividend. The ex-dividend date was Wednesday, June 28th. This represents a $1.20 annualized dividend and a yield of 9.72%. Annaly Capital Management’s dividend payout ratio is presently 41.52%.

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Several analysts have commented on NLY shares. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $11.25 price objective on shares of Annaly Capital Management in a research report on Friday, June 30th. BidaskClub lowered shares of Annaly Capital Management from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 24th. Finally, Zacks Investment Research lowered shares of Annaly Capital Management from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Two analysts have rated the stock with a sell rating, four have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Annaly Capital Management has an average rating of “Hold” and an average target price of $11.41.

In related news, Director Donnell Segalas acquired 17,700 shares of the stock in a transaction on Tuesday, August 8th. The shares were acquired at an average price of $12.14 per share, for a total transaction of $214,878.00. Following the transaction, the director now owns 84,150 shares in the company, valued at approximately $1,021,581. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, Director Francine J. Bovich acquired 13,500 shares of the stock in a transaction on Thursday, August 17th. The stock was bought at an average price of $12.29 per share, for a total transaction of $165,915.00. Following the transaction, the director now owns 13,500 shares in the company, valued at approximately $165,915. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 39,200 shares of company stock worth $477,513. Insiders own 0.43% of the company’s stock.

About Annaly Capital Management

Annaly Capital Management, Inc is a mortgage real estate investment trust (REIT). The Company owns a portfolio of real estate related investments. Its investment groups primarily consist of Agency, which invests primarily in various types of Agency mortgage-backed securities and related derivatives to hedge these investments; Residential credit, which invests primarily in non-Agency mortgage-backed assets within securitized products and residential mortgage loan markets; Commercial real estate, which originates and invests in commercial mortgage loans, securities, and other commercial real estate investments, and Middle market, which provides customized debt financing to middle-market businesses.

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Institutional Ownership by Quarter for Annaly Capital Management (NYSE:NLY)

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