HighVista Strategies LLC bought a new position in shares of Annaly Capital Management Inc (NYSE:NLY) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 26,800 shares of the real estate investment trust’s stock, valued at approximately $323,000.

Other large investors have also bought and sold shares of the company. Sei Investments Co. boosted its position in Annaly Capital Management by 1,803.0% during the 1st quarter. Sei Investments Co. now owns 80,345 shares of the real estate investment trust’s stock worth $893,000 after buying an additional 76,123 shares during the period. Rafferty Asset Management LLC boosted its position in Annaly Capital Management by 260.5% during the 1st quarter. Rafferty Asset Management LLC now owns 184,599 shares of the real estate investment trust’s stock worth $2,051,000 after buying an additional 133,396 shares during the period. Credit Suisse AG boosted its position in Annaly Capital Management by 9.6% during the 1st quarter. Credit Suisse AG now owns 2,315,770 shares of the real estate investment trust’s stock worth $25,728,000 after buying an additional 203,782 shares during the period. State of Wisconsin Investment Board boosted its position in Annaly Capital Management by 32.6% during the 2nd quarter. State of Wisconsin Investment Board now owns 904,157 shares of the real estate investment trust’s stock worth $10,895,000 after buying an additional 222,300 shares during the period. Finally, Caisse DE Depot ET Placement DU Quebec boosted its position in Annaly Capital Management by 4.1% during the 1st quarter. Caisse DE Depot ET Placement DU Quebec now owns 512,000 shares of the real estate investment trust’s stock worth $5,695,000 after buying an additional 20,100 shares during the period. Institutional investors and hedge funds own 51.33% of the company’s stock.

WARNING: This piece of content was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of US & international trademark & copyright legislation. The original version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/09/30/highvista-strategies-llc-takes-323000-position-in-annaly-capital-management-inc-nly.html.

Several equities research analysts recently commented on NLY shares. BidaskClub upgraded shares of Annaly Capital Management from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 10th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $11.25 target price on shares of Annaly Capital Management in a research report on Friday, June 30th. Zacks Investment Research upgraded shares of Annaly Capital Management from a “sell” rating to a “hold” rating in a research report on Wednesday, July 5th. Finally, ValuEngine upgraded shares of Annaly Capital Management from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. One research analyst has rated the stock with a sell rating, four have given a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Annaly Capital Management currently has an average rating of “Buy” and a consensus price target of $11.69.

In related news, Director Donnell Segalas acquired 17,700 shares of the company’s stock in a transaction dated Tuesday, August 8th. The stock was purchased at an average price of $12.14 per share, with a total value of $214,878.00. Following the completion of the purchase, the director now owns 84,150 shares in the company, valued at approximately $1,021,581. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider David L. Finkelstein acquired 100,000 shares of the company’s stock in a transaction dated Friday, September 1st. The shares were bought at an average cost of $12.49 per share, with a total value of $1,249,000.00. Following the purchase, the insider now owns 300,000 shares of the company’s stock, valued at approximately $3,747,000. The disclosure for this purchase can be found here. In the last three months, insiders have bought 139,200 shares of company stock valued at $1,726,513. Insiders own 0.43% of the company’s stock.

Annaly Capital Management Inc (NLY) traded down 0.41% on Friday, reaching $12.19. 8,048,761 shares of the company’s stock traded hands. The firm’s 50-day moving average is $12.32 and its 200 day moving average is $11.86. Annaly Capital Management Inc has a 12 month low of $9.83 and a 12 month high of $12.73. The firm has a market cap of $13.26 billion, a PE ratio of 4.21 and a beta of 0.28. Annaly Capital Management also was the target of unusually large options trading on Wednesday. Stock investors purchased 12,133 call options on the stock. This is an increase of approximately 1,621% compared to the average daily volume of 705 call options.

Annaly Capital Management (NYSE:NLY) last issued its earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.30. The business had revenue of $315.15 million during 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. Equities analysts predict that Annaly Capital Management Inc will post $1.20 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Friday, September 29th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 9.84%. The ex-dividend date of this dividend is Thursday, September 28th. Annaly Capital Management’s dividend payout ratio (DPR) is presently 41.52%.

Annaly Capital Management Profile

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.

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

Receive News & Stock Ratings for Annaly Capital Management Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Annaly Capital Management Inc and related stocks with our FREE daily email newsletter.