Prospera Financial Services Inc increased its position in shares of Annaly Capital Management Inc (NYSE:NLY) by 3.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,074 shares of the real estate investment trust’s stock after buying an additional 543 shares during the period. Prospera Financial Services Inc’s holdings in Annaly Capital Management were worth $194,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Teachers Advisors LLC increased its position 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 period. Sei Investments Co. increased its position 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 period. Wesbanco Bank Inc. increased its position 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 period. Rafferty Asset Management LLC increased its position 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 period. Finally, Credit Suisse AG increased its position 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 period. Institutional investors own 55.16% of the company’s stock.

Annaly Capital Management Inc (NLY) traded up 0.553% on Friday, reaching $11.815. The company had a trading volume of 4,000,786 shares. The stock’s 50 day moving average is $12.19 and its 200-day moving average is $11.31. The stock has a market capitalization of $12.04 billion, a P/E ratio of 4.418 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.

Annaly Capital Management (NYSE:NLY) last issued its quarterly earnings data on Wednesday, May 3rd. The real estate investment trust reported $0.29 EPS for the quarter, missing the consensus estimate of $0.30 by $0.01. Annaly Capital Management had a net margin of 113.76% and a return on equity of 11.08%. The business had revenue of $389.30 million during the quarter, compared to analyst estimates of $424.77 million. During the same period in the previous year, the business posted $0.30 earnings per share. On average, equities analysts predict that Annaly Capital Management Inc will post $1.17 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 31st. Shareholders of record on Friday, June 30th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 10.21%. The ex-dividend date of this dividend is Wednesday, June 28th. Annaly Capital Management’s payout ratio is currently 46.51%.

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A number of research analysts recently issued reports on NLY shares. BidaskClub upgraded Annaly Capital Management from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 10th. Vetr upgraded Annaly Capital Management from a “hold” rating to a “buy” rating and set a $11.60 price objective for the company in a research note on Wednesday, March 29th. Zacks Investment Research downgraded Annaly Capital Management from a “hold” rating to a “sell” rating in a research note on Monday, May 1st. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $11.25 price objective on shares of Annaly Capital Management in a research note on Friday, June 30th. Finally, Instinet boosted their price objective on Annaly Capital Management from $11.00 to $12.00 and gave the company a “buy” rating in a research note on Tuesday, March 28th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $11.32.

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.

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

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