Strs Ohio Has $3.36 Million Position in Annaly Capital Management Inc (NLY)

Strs Ohio reduced its position in Annaly Capital Management Inc (NYSE:NLY) by 23.0% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 278,709 shares of the real estate investment trust’s stock after selling 83,276 shares during the period. Strs Ohio’s holdings in Annaly Capital Management were worth $3,358,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Teachers Advisors LLC boosted its stake in shares of Annaly Capital Management by 3.3% in the fourth quarter. Teachers Advisors LLC now owns 1,867,876 shares of the real estate investment trust’s stock worth $18,623,000 after buying an additional 60,283 shares during the last quarter. Sei Investments Co. boosted its stake in shares of Annaly Capital Management by 1,803.0% in the first quarter. Sei Investments Co. now owns 80,345 shares of the real estate investment trust’s stock worth $893,000 after buying an additional 76,123 shares during the last quarter. Wesbanco Bank Inc. boosted its stake in shares of Annaly Capital Management by 1.1% in the first quarter. Wesbanco Bank Inc. now owns 41,626 shares of the real estate investment trust’s stock worth $462,000 after buying an additional 439 shares during the last quarter. Rafferty Asset Management LLC boosted its stake in shares of Annaly Capital Management by 260.5% in the first quarter. Rafferty Asset Management LLC now owns 184,599 shares of the real estate investment trust’s stock worth $2,051,000 after buying an additional 133,396 shares during the last quarter. Finally, Credit Suisse AG boosted its stake in shares of Annaly Capital Management by 9.6% in the first quarter. Credit Suisse AG now owns 2,315,770 shares of the real estate investment trust’s stock worth $25,728,000 after buying an additional 203,782 shares during the last quarter. Institutional investors and hedge funds own 52.97% of the company’s stock.

Annaly Capital Management Inc (NYSE:NLY) opened at 12.34 on Friday. The firm has a market capitalization of $13.43 billion, a PE ratio of 4.27 and a beta of 0.28. Annaly Capital Management Inc has a 1-year low of $9.83 and a 1-year high of $12.73. The company’s 50-day moving average is $12.12 and its 200 day moving average is $11.58.

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, hitting 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 firm had revenue of $315.15 million during the quarter, compared to analysts’ expectations of $424.18 million. During the same period in the previous year, the business posted $0.29 earnings per share. On average, equities analysts expect that Annaly Capital Management Inc will post $1.20 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Shareholders of record on Friday, June 30th were given a dividend of $0.30 per share. The ex-dividend date was Wednesday, June 28th. This represents a $1.20 dividend on an annualized basis and a yield of 9.72%. Annaly Capital Management’s dividend payout ratio (DPR) is 41.52%.

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A number of analysts have recently weighed in on NLY shares. BidaskClub upgraded shares of Annaly Capital Management from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 10th. Zacks Investment Research cut shares of Annaly Capital Management from a “hold” rating to a “sell” rating in a research note on Monday, May 1st. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $11.25 price objective on shares of Annaly Capital Management in a research note on Friday, June 30th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $11.41.

In related news, Director Donnell Segalas acquired 8,000 shares of Annaly Capital Management stock in a transaction on Monday, August 7th. The stock was purchased at an average cost of $12.09 per share, with a total value of $96,720.00. Following the completion of the transaction, the director now directly owns 84,150 shares in the company, valued at approximately $1,017,373.50. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, Director Francine J. Bovich bought 13,500 shares of the company’s stock in a transaction dated Thursday, August 17th. The shares were purchased at an average cost of $12.29 per share, with a total value of $165,915.00. Following the acquisition, the director now directly 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 ninety days, insiders have acquired 39,200 shares of company stock valued at $477,513. Company insiders own 0.43% of the company’s stock.

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.

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

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