BB&T Securities LLC lessened its stake in shares of Annaly Capital Management Inc (NYSE:NLY) by 1.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,114,370 shares of the real estate investment trust’s stock after selling 21,195 shares during the quarter. BB&T Securities LLC owned about 0.10% of Annaly Capital Management worth $13,584,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in NLY. C M Bidwell & Associates Ltd. raised its position in Annaly Capital Management by 0.5% in the second quarter. C M Bidwell & Associates Ltd. now owns 21,800 shares of the real estate investment trust’s stock worth $263,000 after acquiring an additional 115 shares in the last quarter. Laurel Wealth Advisors Inc. raised its position in Annaly Capital Management by 1.0% in the second quarter. Laurel Wealth Advisors Inc. now owns 16,472 shares of the real estate investment trust’s stock worth $198,000 after acquiring an additional 156 shares in the last quarter. Capstone Asset Management Co. raised its position in 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 acquiring an additional 280 shares in the last quarter. NorthRock Partners LLC raised its position in Annaly Capital Management by 2.0% in the second quarter. NorthRock Partners LLC now owns 15,384 shares of the real estate investment trust’s stock worth $190,000 after acquiring an additional 301 shares in the last quarter. Finally, Davidson & Garrard Inc. raised its position in Annaly Capital Management by 0.7% in the second quarter. Davidson & Garrard Inc. now owns 60,850 shares of the real estate investment trust’s stock worth $733,000 after acquiring an additional 400 shares in the last quarter. Institutional investors and hedge funds own 54.39% of the company’s stock.

Annaly Capital Management Inc (NYSE NLY) traded up $0.13 during trading on Friday, reaching $11.80. The company’s stock had a trading volume of 9,940,610 shares, compared to its average volume of 8,493,329. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.03 and a quick ratio of 0.03. The firm has a market capitalization of $13,680.00, a price-to-earnings ratio of 9.75, a price-to-earnings-growth ratio of 2.26 and a beta of 0.23. Annaly Capital Management Inc has a 12 month low of $9.83 and a 12 month high of $12.73.

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

In related news, Director Donnell Segalas acquired 9,800 shares of the firm’s stock in a transaction that occurred on Friday, November 10th. The shares were acquired at an average price of $11.34 per share, with a total value of $111,132.00. Following the completion of the purchase, the director now directly owns 102,450 shares in the company, valued at $1,161,783. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Kevin Keyes acquired 300,000 shares of the firm’s stock in a transaction that occurred on Monday, November 6th. The shares were bought at an average cost of $11.12 per share, for a total transaction of $3,336,000.00. The disclosure for this purchase can be found here. 0.43% of the stock is owned by company insiders.

Several research analysts have issued reports on the company. ValuEngine cut Annaly Capital Management from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 26th. Zacks Investment Research cut Annaly Capital Management from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. BidaskClub raised Annaly Capital Management from a “buy” rating to a “strong-buy” rating in a report on Friday, August 4th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $11.25 target price on shares of Annaly Capital Management in a report on Thursday, August 3rd. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Annaly Capital Management has an average rating of “Hold” and an average target price of $11.77.

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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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