Stratos Wealth Partners LTD. purchased a new position in Annaly Capital Management Inc (NYSE:NLY) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 51,916 shares of the real estate investment trust’s stock, valued at approximately $633,000.

Several other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of Annaly Capital Management by 2.3% in the second quarter. Vanguard Group Inc. now owns 84,474,609 shares of the real estate investment trust’s stock worth $1,017,920,000 after purchasing an additional 1,881,971 shares in the last quarter. State Street Corp grew its stake in shares of Annaly Capital Management by 1.0% in the second quarter. State Street Corp now owns 28,075,020 shares of the real estate investment trust’s stock worth $338,303,000 after purchasing an additional 291,014 shares in the last quarter. APG Asset Management N.V. grew its stake in shares of Annaly Capital Management by 70.0% in the third quarter. APG Asset Management N.V. now owns 26,906,060 shares of the real estate investment trust’s stock worth $327,985,000 after purchasing an additional 11,082,900 shares in the last quarter. FMR LLC grew its stake in shares of Annaly Capital Management by 4.3% in the second quarter. FMR LLC now owns 21,493,874 shares of the real estate investment trust’s stock worth $259,001,000 after purchasing an additional 878,306 shares in the last quarter. Finally, LSV Asset Management grew its stake in shares of Annaly Capital Management by 0.4% in the second quarter. LSV Asset Management now owns 19,792,129 shares of the real estate investment trust’s stock worth $238,495,000 after purchasing an additional 78,700 shares in the last quarter. 49.33% of the stock is owned by institutional investors.

Several research analysts have recently issued reports on NLY shares. ValuEngine raised Annaly Capital Management from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. Zacks Investment Research raised Annaly Capital Management from a “hold” rating to a “buy” rating and set a $14.00 target price for the company in a research note on Friday, October 6th. BidaskClub cut Annaly Capital Management from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $11.25 target price on shares of Annaly Capital Management in a research note on Thursday, August 3rd. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $11.77.

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In related news, insider David L. Finkelstein bought 100,000 shares of Annaly Capital Management stock in a transaction dated Friday, September 1st. The stock was acquired at an average cost of $12.49 per share, with a total value of $1,249,000.00. Following the completion of the acquisition, the insider now directly owns 300,000 shares in the company, valued at approximately $3,747,000. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Kevin Keyes bought 300,000 shares of Annaly Capital Management stock in a transaction dated Monday, November 6th. The shares were bought at an average cost of $11.12 per share, with a total value of $3,336,000.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders have bought 409,800 shares of company stock valued at $4,696,132. 0.43% of the stock is currently owned by company insiders.

Shares of Annaly Capital Management Inc (NLY) traded up $0.02 during midday trading on Friday, hitting $11.49. The stock had a trading volume of 10,658,953 shares, compared to its average volume of 8,536,425. Annaly Capital Management Inc has a twelve month low of $9.83 and a twelve month high of $12.73. The stock has a market capitalization of $13,300.00, a P/E ratio of 9.50, a price-to-earnings-growth ratio of 2.20 and a beta of 0.23. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.03 and a current ratio of 0.03.

Annaly Capital Management (NYSE:NLY) last announced its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.30 EPS for the quarter, beating the consensus estimate of $0.29 by $0.01. Annaly Capital Management had a return on equity of 11.59% and a net margin of 104.56%. The business had revenue of $353.61 million during the quarter, compared to the consensus estimate of $361.67 million. During the same period in the prior year, the business posted $0.29 earnings per share. Annaly Capital Management’s revenue was up 12.2% compared to the same quarter last year. research analysts anticipate that Annaly Capital Management Inc will post 1.2 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 31st. Stockholders of record on Friday, September 29th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 10.44%. The ex-dividend date was Thursday, September 28th. Annaly Capital Management’s dividend payout ratio is 48.00%.

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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