PagnatoKarp Partners LLC lifted its position in shares of Annaly Capital Management Inc (NYSE:NLY) by 0.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,267 shares of the real estate investment trust’s stock after acquiring an additional 13 shares during the quarter. PagnatoKarp Partners LLC’s holdings in Annaly Capital Management were worth $361,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. North Star Investment Management Corp. boosted its stake in shares of Annaly Capital Management by 12.5% during the 2nd quarter. North Star Investment Management Corp. now owns 9,235 shares of the real estate investment trust’s stock worth $111,000 after acquiring an additional 1,028 shares in the last quarter. MCF Advisors LLC boosted its stake in shares of Annaly Capital Management by 2,903.2% during the 2nd quarter. MCF Advisors LLC now owns 9,310 shares of the real estate investment trust’s stock worth $112,000 after acquiring an additional 9,000 shares in the last quarter. Cutter & CO Brokerage Inc. purchased a new stake in shares of Annaly Capital Management during the 1st quarter worth about $113,000. Cornerstone Wealth Management LLC purchased a new stake in shares of Annaly Capital Management during the 1st quarter worth about $116,000. Finally, Northstar Wealth Partners LLC purchased a new stake in shares of Annaly Capital Management during the 1st quarter worth about $123,000. 51.33% of the stock is currently owned by institutional investors and hedge funds.

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Several equities research analysts have recently issued reports on NLY shares. BidaskClub lowered shares of Annaly Capital Management from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th. Zacks Investment Research raised shares of Annaly Capital Management from a “sell” rating to a “hold” rating in a research note on Wednesday, July 5th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $11.25 target price on shares of Annaly Capital Management in a research note on Friday, June 30th. Finally, ValuEngine raised shares of Annaly Capital Management from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. Two analysts have rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and two have issued a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $11.41.

Shares of Annaly Capital Management Inc (NYSE:NLY) traded down 0.121% on Wednesday, reaching $12.405. 1,257,858 shares of the company were exchanged. Annaly Capital Management Inc has a 52-week low of $9.83 and a 52-week high of $12.73. The stock has a 50 day moving average of $12.32 and a 200-day moving average of $11.86. The company has a market capitalization of $13.50 billion, a P/E ratio of 4.288 and a beta of 0.28.

Annaly Capital Management (NYSE:NLY) last released its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $0.30 EPS for the quarter, hitting analysts’ consensus estimates of $0.30. The firm had revenue of $315.15 million for the quarter, compared to the consensus estimate of $424.18 million. Annaly Capital Management had a net margin of 121.84% and a return on equity of 11.33%. During the same quarter in the previous year, the firm earned $0.29 earnings per share. On average, analysts predict that Annaly Capital Management Inc will post $1.20 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 31st. Investors of record on Friday, September 29th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 9.66%. The ex-dividend date is Thursday, September 28th. Annaly Capital Management’s dividend payout ratio is currently 41.52%.

In related news, insider David L. Finkelstein acquired 100,000 shares of the firm’s stock in a transaction that occurred on Friday, September 1st. The shares were purchased at an average price of $12.49 per share, with a total value of $1,249,000.00. Following the completion of the acquisition, the insider now owns 300,000 shares in the company, valued at $3,747,000. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Francine J. Bovich acquired 13,500 shares of the firm’s stock in a transaction that occurred on Thursday, August 17th. The shares were bought at an average cost of $12.29 per share, for a total transaction of $165,915.00. Following the acquisition, the director now owns 13,500 shares of the company’s stock, valued at approximately $165,915. The disclosure for this purchase can be found here. In the last three months, insiders have purchased 139,200 shares of company stock worth $1,726,513. 0.43% of the stock is owned by insiders.

Annaly Capital Management 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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