Oregon Public Employees Retirement Fund increased its stake in Annaly Capital Management Inc (NYSE:NLY) by 9.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 116,082 shares of the real estate investment trust’s stock after buying an additional 9,900 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Annaly Capital Management were worth $1,399,000 as of its most recent filing with the SEC.
Other hedge funds also recently made changes to their positions in the company. Fisher Asset Management LLC boosted its stake in Annaly Capital Management by 0.8% in the first quarter. Fisher Asset Management LLC now owns 10,315 shares of the real estate investment trust’s stock valued at $115,000 after buying an additional 85 shares in the last quarter. Brown Advisory Securities LLC boosted its stake in Annaly Capital Management by 1.3% in 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 in the last quarter. Laurel Wealth Advisors Inc. boosted its stake in Annaly Capital Management by 1.1% in the first quarter. Laurel Wealth Advisors Inc. now owns 16,316 shares of the real estate investment trust’s stock valued at $181,000 after buying an additional 173 shares in the last quarter. Capstone Asset Management Co. boosted its stake in Annaly Capital Management by 1.2% in the second quarter. Capstone Asset Management Co. now owns 24,126 shares of the real estate investment trust’s stock valued at $291,000 after buying an additional 280 shares in the last quarter. Finally, Prospera Financial Services Inc boosted its stake in Annaly Capital Management by 2.3% in the first quarter. Prospera Financial Services Inc now owns 15,531 shares of the real estate investment trust’s stock valued at $173,000 after buying an additional 354 shares in the last quarter. 52.56% of the stock is currently owned by institutional investors and hedge funds.
Shares of Annaly Capital Management Inc (NYSE:NLY) opened at 12.25 on Friday. Annaly Capital Management Inc has a 12 month low of $9.83 and a 12 month high of $12.73. The stock has a 50 day moving average price of $12.12 and a 200 day moving average price of $11.51. The firm has a market cap of $13.33 billion, a PE ratio of 4.23 and a beta of 0.28.
Annaly Capital Management (NYSE:NLY) last released its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $0.30 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.30. Annaly Capital Management had a net margin of 121.84% and a return on equity of 11.33%. The business had revenue of $315.15 million during the quarter, compared to analysts’ expectations of $424.18 million. During the same quarter in the prior year, the company earned $0.29 EPS. On average, equities research analysts expect that Annaly Capital Management Inc will post $1.19 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Investors of record on Friday, June 30th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 9.80%. The ex-dividend date was Wednesday, June 28th. Annaly Capital Management’s dividend payout ratio is currently 41.52%.
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NLY has been the topic of several research analyst reports. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $11.25 price target on shares of Annaly Capital Management in a research report on Thursday, August 3rd. BidaskClub upgraded Annaly Capital Management from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 4th. Finally, Zacks Investment Research upgraded Annaly Capital Management from a “sell” rating to a “hold” rating in a research report on Wednesday, July 5th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Annaly Capital Management presently has a consensus rating of “Hold” and a consensus price target of $11.36.
In other news, Director Donnell Segalas acquired 17,700 shares of the stock in a transaction that occurred on Tuesday, August 8th. The stock was acquired at an average price of $12.14 per share, for a total transaction of $214,878.00. Following the transaction, the director now directly owns 84,150 shares in the company, valued at $1,021,581. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.43% of the stock is owned by corporate insiders.
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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