Asset Management One Co. Ltd. grew its position in Annaly Capital Management Inc (NYSE:NLY) by 1.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,906,085 shares of the real estate investment trust’s stock after purchasing an additional 23,910 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.16% of Annaly Capital Management worth $23,255,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. APG Asset Management N.V. increased its position in Annaly Capital Management by 70.0% during the third quarter. APG Asset Management N.V. now owns 26,906,060 shares of the real estate investment trust’s stock worth $327,985,000 after acquiring an additional 11,082,900 shares during the period. Principal Financial Group Inc. increased its position in Annaly Capital Management by 1,537.9% during the second quarter. Principal Financial Group Inc. now owns 10,789,299 shares of the real estate investment trust’s stock worth $130,011,000 after acquiring an additional 10,130,578 shares during the period. Wells Fargo & Company MN increased its position in Annaly Capital Management by 58.1% during the second quarter. Wells Fargo & Company MN now owns 13,314,572 shares of the real estate investment trust’s stock worth $160,441,000 after acquiring an additional 4,891,048 shares during the period. Renaissance Technologies LLC increased its position in Annaly Capital Management by 38.7% during the second quarter. Renaissance Technologies LLC now owns 14,405,486 shares of the real estate investment trust’s stock worth $173,586,000 after acquiring an additional 4,020,960 shares during the period. Finally, Janus Henderson Group PLC increased its position in Annaly Capital Management by 2,346.7% during the second quarter. Janus Henderson Group PLC now owns 3,188,282 shares of the real estate investment trust’s stock worth $38,418,000 after acquiring an additional 3,057,973 shares during the period. 54.65% of the stock is currently owned by institutional investors.
In other Annaly Capital Management news, Director Donnell Segalas purchased 9,800 shares of the firm’s stock in a transaction on Friday, November 10th. The shares were purchased at an average price of $11.34 per share, for a total transaction of $111,132.00. Following the completion of the purchase, the director now directly owns 102,450 shares of the company’s stock, valued at $1,161,783. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Chairman Wellington Denahan purchased 125,280 shares of the firm’s stock in a transaction on Thursday, December 7th. The shares were acquired at an average price of $11.97 per share, for a total transaction of $1,499,601.60. Following the purchase, the chairman now directly owns 1,798,414 shares of the company’s stock, valued at $21,527,015.58. The disclosure for this purchase can be found here. Insiders have acquired 460,080 shares of company stock worth $5,239,984 in the last quarter. Corporate insiders own 0.43% of the company’s stock.
Annaly Capital Management Inc (NLY) traded up $0.08 on Tuesday, reaching $11.99. 6,571,200 shares of the company’s stock were exchanged, compared to its average volume of 8,489,222. Annaly Capital Management Inc has a 1 year low of $9.83 and a 1 year high of $12.73. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.03 and a quick ratio of 0.03. The firm has a market capitalization of $13,810.16, a P/E ratio of 9.84, a P/E/G ratio of 2.28 and a beta of 0.22.
Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.30 earnings per share for the quarter, topping the Zacks’ 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 firm had revenue of $353.61 million for the quarter, compared to the consensus estimate of $361.67 million. During the same quarter in the previous year, the company earned $0.29 earnings per share. The business’s revenue was up 12.2% compared to the same quarter last year. analysts forecast that Annaly Capital Management Inc will post 1.2 earnings per share for the current fiscal year.
A number of equities analysts recently issued reports on NLY shares. ValuEngine lowered shares of Annaly Capital Management from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 26th. Zacks Investment Research raised shares of Annaly Capital Management from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a research report on Tuesday, September 26th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Annaly Capital Management 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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