Traders bought shares of Annaly Capital Management Inc. (NYSE:NLY) on weakness during trading on Wednesday. $42.91 million flowed into the stock on the tick-up and $14.87 million flowed out of the stock on the tick-down, for a money net flow of $28.04 million into the stock. Of all companies tracked, Annaly Capital Management had the 18th highest net in-flow for the day. Annaly Capital Management traded down ($0.07) for the day and closed at $10.78

A number of analysts recently issued reports on the company. Compass Point cut Annaly Capital Management from a “neutral” rating to a “sell” rating and set a $10.50 price objective for the company. in a research report on Wednesday, June 15th. Zacks Investment Research raised Annaly Capital Management from a “hold” rating to a “buy” rating and set a $12.00 price objective for the company in a research report on Thursday, June 30th. Deutsche Bank AG reissued a “hold” rating on shares of Annaly Capital Management in a research report on Wednesday, April 13th. Finally, FBR & Co reissued a “buy” rating and set a $12.00 price objective on shares of Annaly Capital Management in a research report on Friday, May 6th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $10.87.

The company has a 50-day moving average price of $10.78 and a 200-day moving average price of $10.25. The firm has a market cap of $9.97 billion and a price-to-earnings ratio of 10780.00.

Annaly Capital Management (NYSE:NLY) last announced its earnings results on Wednesday, May 4th. The company reported $0.30 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.30. During the same quarter in the prior year, the firm earned $0.25 EPS. Equities research analysts predict that Annaly Capital Management Inc. will post $1.20 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 29th. Stockholders of record on Thursday, June 30th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, June 28th. This represents a $1.20 annualized dividend and a dividend yield of 11.13%.

Several hedge funds have recently bought and sold shares of NLY. Vanguard Group Inc. raised its stake in Annaly Capital Management by 3.4% in the fourth quarter. Vanguard Group Inc. now owns 63,028,900 shares of the company’s stock valued at $591,211,000 after buying an additional 2,081,934 shares in the last quarter. California Public Employees Retirement System raised its stake in Annaly Capital Management by 1.1% in the fourth quarter. California Public Employees Retirement System now owns 3,223,500 shares of the company’s stock valued at $30,236,000 after buying an additional 36,000 shares in the last quarter. New York State Common Retirement Fund raised its stake in Annaly Capital Management by 3.9% in the fourth quarter. New York State Common Retirement Fund now owns 2,770,799 shares of the company’s stock valued at $25,990,000 after buying an additional 103,855 shares in the last quarter. Reaves W H & Co. Inc. raised its stake in Annaly Capital Management by 36.2% in the fourth quarter. Reaves W H & Co. Inc. now owns 1,684,150 shares of the company’s stock valued at $15,797,000 after buying an additional 448,025 shares in the last quarter. Finally, Andra AP fonden raised its stake in Annaly Capital Management by 12.6% in the fourth quarter. Andra AP fonden now owns 1,519,700 shares of the company’s stock valued at $14,255,000 after buying an additional 170,500 shares in the last quarter.

Annaly Capital Management, Inc (Annaly) is a mortgage real estate investment trust (REIT). The Company’s principal business objectives are to generate net income for distribution to its stockholders from its investments and capital preservation. Its portfolio also includes residential credit investments, such as credit risk transfer securities and non-agency mortgage-backed securities.

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