IBM Retirement Fund increased its stake in shares of Annaly Capital Management Inc (NYSE:NLY) by 32.4% during the second quarter, Holdings Channel reports. The institutional investor owned 15,010 shares of the real estate investment trust’s stock after buying an additional 3,672 shares during the period. IBM Retirement Fund’s holdings in Annaly Capital Management were worth $181,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. NGAM Advisors L.P. boosted its stake in shares of Annaly Capital Management by 5.2% in the second quarter. NGAM Advisors L.P. now owns 142,073 shares of the real estate investment trust’s stock valued at $1,712,000 after buying an additional 7,032 shares in the last quarter. First Heartland Consultants Inc. boosted its stake in shares of Annaly Capital Management by 4.6% in the second quarter. First Heartland Consultants Inc. now owns 33,667 shares of the real estate investment trust’s stock valued at $406,000 after buying an additional 1,486 shares in the last quarter. FineMark National Bank & Trust bought a new stake in shares of Annaly Capital Management during the second quarter valued at $165,000. MCF Advisors LLC boosted its stake in shares of Annaly Capital Management by 2,903.2% in the second quarter. MCF Advisors LLC now owns 9,310 shares of the real estate investment trust’s stock valued at $112,000 after buying an additional 9,000 shares in the last quarter. Finally, Moloney Securities Asset Management LLC boosted its stake in shares of Annaly Capital Management by 10.7% in the second quarter. Moloney Securities Asset Management LLC now owns 20,069 shares of the real estate investment trust’s stock valued at $242,000 after buying an additional 1,946 shares in the last quarter. Hedge funds and other institutional investors own 52.47% of the company’s stock.

Annaly Capital Management Inc (NLY) opened at 12.01 on Friday. The company has a 50 day moving average of $12.16 and a 200 day moving average of $11.42. The company has a market capitalization of $12.24 billion, a PE ratio of 4.15 and a beta of 0.28. Annaly Capital Management Inc has a 52-week low of $9.83 and a 52-week high of $12.73.

Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $0.30 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.30. The firm had revenue of $315.15 million for the quarter, compared to analysts’ expectations of $424.18 million. Annaly Capital Management had a return on equity of 11.27% and a net margin of 121.84%. During the same period in the previous year, the firm earned $0.29 EPS. On average, equities research analysts forecast that Annaly Capital Management Inc will post $1.19 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, July 31st. Investors of record on Friday, June 30th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 9.99%. The ex-dividend date of this dividend was Wednesday, June 28th. Annaly Capital Management’s dividend payout ratio (DPR) is presently 41.52%.

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Several brokerages have recently weighed in on NLY. BidaskClub upgraded Annaly Capital Management from a “buy” rating to a “strong-buy” rating in a research report on Friday. 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. Finally, Zacks Investment Research cut Annaly Capital Management from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. Annaly Capital Management has an average rating of “Hold” and an average price target 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.

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

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