New York State Common Retirement Fund increased its position in Annaly Capital Management Inc (NYSE:NLY) by 10.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,599,300 shares of the real estate investment trust’s stock after acquiring an additional 246,600 shares during the quarter. New York State Common Retirement Fund owned about 0.22% of Annaly Capital Management worth $31,685,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Balentine LLC bought a new position in shares of Annaly Capital Management during the 2nd quarter worth about $114,000. Advisory Services Network LLC increased its holdings in shares of Annaly Capital Management by 9.0% during the 2nd quarter. Advisory Services Network LLC now owns 9,757 shares of the real estate investment trust’s stock worth $118,000 after purchasing an additional 806 shares during the period. Signet Financial Management LLC bought a new position in shares of Annaly Capital Management during the 2nd quarter worth about $126,000. Pointe Capital Management LLC bought a new position in shares of Annaly Capital Management during the 2nd quarter worth about $127,000. Finally, Brighton Jones LLC bought a new position in shares of Annaly Capital Management during the 2nd quarter worth about $130,000. Hedge funds and other institutional investors own 54.45% of the company’s stock.

Annaly Capital Management Inc (NLY) opened at $11.91 on Friday. Annaly Capital Management Inc has a twelve month low of $9.83 and a twelve month high of $12.73. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.27. The stock has a market cap of $13,810.16, a PE ratio of 9.84, a PEG ratio of 2.28 and a beta of 0.22.

Annaly Capital Management (NYSE:NLY) last issued its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.01. Annaly Capital Management had a net margin of 104.56% and a return on equity of 11.59%. The business had revenue of $353.61 million for the quarter, compared to analyst estimates of $361.67 million. During the same period in the previous year, the business earned $0.29 EPS. The firm’s revenue was up 12.2% on a year-over-year basis. equities research analysts forecast that Annaly Capital Management Inc will post 1.2 earnings per share for the current year.

In other Annaly Capital Management news, CEO Kevin Keyes bought 300,000 shares of the firm’s stock in a transaction dated Monday, November 6th. The shares were acquired at an average cost of $11.12 per share, for a total transaction of $3,336,000.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Donnell Segalas bought 9,800 shares of the firm’s stock in a transaction dated Friday, November 10th. The shares were acquired at an average price of $11.34 per share, for a total transaction of $111,132.00. Following the completion of the transaction, the director now owns 102,450 shares in the company, valued at approximately $1,161,783. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 460,080 shares of company stock worth $5,239,984. 0.43% of the stock is owned by company insiders.

NLY has been the topic of several research reports. ValuEngine downgraded shares of Annaly Capital Management from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 26th. Zacks Investment Research upgraded 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 report on Friday, October 6th. Two analysts have rated the stock with a sell rating, four have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $11.77.

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Annaly Capital Management Company 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.

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

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