Annaly Capital Management Inc (NYSE:NLY) CFO Glenn Votek acquired 25,000 shares of the stock in a transaction on Friday, December 1st. The stock was purchased at an average cost of $11.73 per share, with a total value of $293,250.00. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Shares of Annaly Capital Management Inc (NYSE NLY) opened at $11.80 on Friday. 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 stock has a market cap of $13,682.61, a P/E ratio of 9.75, a price-to-earnings-growth ratio of 2.26 and a beta of 0.22.
Annaly Capital Management (NYSE:NLY) last released its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $361.67 million. During the same quarter last year, the company earned $0.29 earnings per share. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. equities research analysts forecast that Annaly Capital Management Inc will post 1.2 EPS for the current fiscal year.
Several hedge funds have recently added to or reduced their stakes in the company. C M Bidwell & Associates Ltd. grew its position in shares of Annaly Capital Management by 0.5% during the second quarter. C M Bidwell & Associates Ltd. now owns 21,800 shares of the real estate investment trust’s stock worth $263,000 after buying an additional 115 shares in the last quarter. Laurel Wealth Advisors Inc. grew its position in shares of Annaly Capital Management by 1.0% during the second quarter. Laurel Wealth Advisors Inc. now owns 16,472 shares of the real estate investment trust’s stock worth $198,000 after buying an additional 156 shares in the last quarter. Capstone Asset Management Co. boosted its holdings 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 worth $291,000 after purchasing an additional 280 shares during the period. NorthRock Partners LLC boosted its holdings in Annaly Capital Management by 2.0% in the second quarter. NorthRock Partners LLC now owns 15,384 shares of the real estate investment trust’s stock worth $190,000 after purchasing an additional 301 shares during the period. Finally, Davidson & Garrard Inc. boosted its holdings in Annaly Capital Management by 0.7% in the second quarter. Davidson & Garrard Inc. now owns 60,850 shares of the real estate investment trust’s stock worth $733,000 after purchasing an additional 400 shares during the period. 54.39% of the stock is owned by institutional investors and hedge funds.
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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.
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