Tiedemann Advisors LLC purchased a new position in shares of ANNALY CAP MGMT/SH (NYSE:NLY) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 19,670 shares of the real estate investment trust’s stock, valued at approximately $105,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Private Capital Group LLC boosted its stake in shares of ANNALY CAP MGMT/SH by 62.8% during the 1st quarter. Private Capital Group LLC now owns 9,008 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 3,475 shares during the last quarter. AE Wealth Management LLC lifted its holdings in shares of ANNALY CAP MGMT/SH by 16.1% during the 1st quarter. AE Wealth Management LLC now owns 67,768 shares of the real estate investment trust’s stock worth $344,000 after acquiring an additional 9,412 shares during the period. Trustcore Financial Services LLC lifted its holdings in shares of ANNALY CAP MGMT/SH by 741.2% during the 1st quarter. Trustcore Financial Services LLC now owns 5,451 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 4,803 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of ANNALY CAP MGMT/SH by 17.2% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 457,048 shares of the real estate investment trust’s stock worth $2,317,000 after acquiring an additional 67,235 shares during the period. Finally, Russell Investments Group Ltd. lifted its holdings in shares of ANNALY CAP MGMT/SH by 37.4% during the 1st quarter. Russell Investments Group Ltd. now owns 4,318,279 shares of the real estate investment trust’s stock worth $22,391,000 after acquiring an additional 1,174,918 shares during the period. 53.96% of the stock is currently owned by institutional investors.

In related news, Director Thomas Edward Hamilton purchased 200,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was acquired at an average price of $5.96 per share, with a total value of $1,192,000.00. Following the completion of the transaction, the director now owns 130,000 shares of the company’s stock, valued at $774,800. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Timothy P. Coffey purchased 50,000 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were bought at an average cost of $6.00 per share, with a total value of $300,000.00. Following the transaction, the insider now directly owns 88,000 shares of the company’s stock, valued at approximately $528,000. The disclosure for this purchase can be found here. Insiders have bought 370,000 shares of company stock worth $2,226,400 in the last quarter. Insiders own 0.36% of the company’s stock.

NLY opened at $5.81 on Friday. The firm has a market capitalization of $8.48 billion, a P/E ratio of -1.65 and a beta of 1.10. The firm’s 50 day moving average is $5.73 and its 200-day moving average is $8.34. ANNALY CAP MGMT/SH has a 52-week low of $3.51 and a 52-week high of $10.50. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.41.

ANNALY CAP MGMT/SH (NYSE:NLY) last posted its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.21. The company had revenue of $51.55 million for the quarter, compared to analyst estimates of $376.45 million. ANNALY CAP MGMT/SH had a negative net margin of 142.51% and a positive return on equity of 10.87%. During the same quarter last year, the firm posted $0.29 earnings per share. Equities analysts expect that ANNALY CAP MGMT/SH will post 0.81 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, March 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 17.21%. ANNALY CAP MGMT/SH’s dividend payout ratio is currently 120.00%.

NLY has been the topic of several recent analyst reports. Wells Fargo & Co cut their price objective on shares of ANNALY CAP MGMT/SH from $10.00 to $7.50 and set an “equal weight” rating on the stock in a report on Friday, May 1st. Barclays cut their price objective on shares of ANNALY CAP MGMT/SH from $10.00 to $7.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. JMP Securities upgraded shares of ANNALY CAP MGMT/SH from a “market perform” rating to an “outperform” rating and set a $7.50 price objective on the stock in a report on Thursday, April 30th. Bank of America upgraded shares of ANNALY CAP MGMT/SH from a “neutral” rating to a “buy” rating in a report on Wednesday, April 8th. Finally, JPMorgan Chase & Co. cut their price target on shares of ANNALY CAP MGMT/SH from $10.50 to $8.50 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $8.07.

ANNALY CAP MGMT/SH Company Profile

Annaly Capital Management, Inc, a diversified capital manager, invests in and finances residential and commercial assets. The company invests in various types of agency mortgage-backed securities, non-agency residential mortgage assets, and residential mortgage loans; and originates and invests in commercial mortgage loans, securities, and other commercial real estate investments.

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Institutional Ownership by Quarter for ANNALY CAP MGMT/SH (NYSE:NLY)

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