Signet Financial Management LLC acquired a new stake in shares of Annaly Capital Management Inc (NYSE:NLY) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,446 shares of the real estate investment trust’s stock, valued at approximately $126,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. North Star Investment Management Corp. lifted its stake in shares of Annaly Capital Management by 12.5% during the second quarter. North Star Investment Management Corp. now owns 9,235 shares of the real estate investment trust’s stock valued at $111,000 after buying an additional 1,028 shares during the period. MCF Advisors LLC lifted its stake in shares of Annaly Capital Management by 2,903.2% during the second quarter. MCF Advisors LLC now owns 9,310 shares of the real estate investment trust’s stock valued at $112,000 after buying an additional 9,000 shares during the period. Cornerstone Wealth Management LLC purchased a new position in shares of Annaly Capital Management during the first quarter valued at approximately $116,000. Brown Advisory Securities LLC lifted its stake in shares of Annaly Capital Management by 1.3% during the first quarter. Brown Advisory Securities LLC now owns 11,171 shares of the real estate investment trust’s stock valued at $125,000 after buying an additional 144 shares during the period. Finally, Pointe Capital Management LLC purchased a new position in shares of Annaly Capital Management during the second quarter valued at approximately $127,000. 51.34% of the stock is currently owned by institutional investors and hedge funds.

In related news, Director Donnell Segalas purchased 17,700 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The stock was acquired at an average cost of $12.14 per share, for a total transaction of $214,878.00. Following the completion of the acquisition, 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 Securities & Exchange Commission, which is available through this link. Also, Director Francine J. Bovich purchased 13,500 shares of the firm’s stock in a transaction that occurred on Thursday, August 17th. The shares were bought at an average price of $12.29 per share, with a total value of $165,915.00. Following the completion of the acquisition, the director now owns 13,500 shares of the company’s stock, valued at approximately $165,915. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 139,200 shares of company stock valued at $1,726,513. 0.43% of the stock is currently owned by corporate insiders.

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Annaly Capital Management Inc (NYSE NLY) traded down 2.383% during trading on Friday, reaching $12.085. 21,946,004 shares of the company’s stock were exchanged. Annaly Capital Management Inc has a 52 week low of $9.83 and a 52 week high of $12.73. The stock has a market capitalization of $13.15 billion, a price-to-earnings ratio of 4.177 and a beta of 0.28. The company’s 50 day moving average price is $12.37 and its 200-day moving average price is $11.97.

Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.30 EPS for the quarter, hitting the consensus estimate of $0.30. The business had revenue of $315.15 million during the quarter, compared to analysts’ expectations of $424.18 million. Annaly Capital Management had a net margin of 121.84% and a return on equity of 11.33%. During the same period last year, the company posted $0.29 earnings per share. On average, equities analysts expect that Annaly Capital Management Inc will post $1.20 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 31st. Investors of record on Friday, September 29th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 9.69%. The ex-dividend date of this dividend is Thursday, September 28th. Annaly Capital Management’s dividend payout ratio is currently 41.52%.

Several equities analysts recently issued reports on the stock. Zacks Investment Research raised shares of Annaly Capital Management from a “hold” rating to a “buy” rating and set a $14.00 price objective on the stock in a research note on Friday. ValuEngine raised shares of Annaly Capital Management from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. BidaskClub raised shares of Annaly Capital Management from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 4th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $11.25 price objective on shares of Annaly Capital Management in a research note on Thursday, August 3rd. One analyst has rated the stock with a sell rating, four have issued a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $11.69.

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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