Garrison Bradford & Associates Inc. maintained its position in shares of Annaly Capital Management Inc (NYSE:NLY) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,500 shares of the real estate investment trust’s stock at the end of the second quarter. Garrison Bradford & Associates Inc.’s holdings in Annaly Capital Management were worth $127,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Sheets Smith Wealth Management boosted its position in shares of Annaly Capital Management by 0.6% in the second quarter. Sheets Smith Wealth Management now owns 11,119 shares of the real estate investment trust’s stock worth $134,000 after buying an additional 67 shares during the period. Fisher Asset Management LLC boosted its position in shares of Annaly Capital Management by 0.8% in the first quarter. Fisher Asset Management LLC now owns 10,315 shares of the real estate investment trust’s stock worth $115,000 after buying an additional 85 shares during the period. Brown Advisory Securities LLC boosted its position in shares of Annaly Capital Management by 1.3% in the first quarter. Brown Advisory Securities LLC now owns 11,171 shares of the real estate investment trust’s stock worth $125,000 after buying an additional 144 shares during the period. Laurel Wealth Advisors Inc. boosted its position in shares of Annaly Capital Management by 1.1% in the first quarter. Laurel Wealth Advisors Inc. now owns 16,316 shares of the real estate investment trust’s stock worth $181,000 after buying an additional 173 shares during the period. Finally, Capstone Asset Management Co. boosted its position in shares of 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 buying an additional 280 shares during the period. Institutional investors own 52.97% of the company’s stock.

Annaly Capital Management Inc (NLY) opened at 12.45 on Wednesday. The firm has a market cap of $13.55 billion, a price-to-earnings ratio of 4.30 and a beta of 0.28. The firm’s 50-day moving average price is $12.13 and its 200 day moving average price is $11.62. 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 released its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $0.30 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.30. The company had revenue of $315.15 million for the quarter, compared to the consensus estimate of $424.18 million. Annaly Capital Management had a return on equity of 11.33% and a net margin of 121.84%. During the same period in the previous year, the business earned $0.29 earnings per share. On average, equities research analysts forecast that Annaly Capital Management Inc will post $1.20 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Shareholders of record on Friday, June 30th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 9.64%. The ex-dividend date of this dividend was Wednesday, June 28th. Annaly Capital Management’s payout ratio is 41.52%.

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A number of equities analysts recently commented on the company. Keefe, Bruyette & Woods restated a “hold” rating and set a $11.25 target price on shares of Annaly Capital Management in a report on Thursday, August 3rd. BidaskClub raised Annaly Capital Management from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 4th. Finally, Zacks Investment Research raised Annaly Capital Management from a “sell” rating to a “hold” rating in a research report on Wednesday, July 5th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $11.41.

In related news, Director Francine J. Bovich acquired 13,500 shares of the firm’s stock in a transaction on Thursday, August 17th. The shares were bought at an average cost of $12.29 per share, with a total value of $165,915.00. Following the completion of the acquisition, the director now owns 13,500 shares of the company’s stock, valued at $165,915. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Donnell Segalas acquired 17,700 shares of the firm’s stock in a transaction on Tuesday, August 8th. The shares were bought at an average cost of $12.14 per share, for a total transaction of $214,878.00. Following the completion of the acquisition, the director now directly owns 84,150 shares of the company’s stock, valued at approximately $1,021,581. The disclosure for this purchase can be found here. Insiders have acquired 39,200 shares of company stock worth $477,513 over the last ninety days. Company insiders own 0.43% of the company’s stock.

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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