Annaly Capital Management, Inc. (NLY) Holdings Increased by Virtu Financial LLC
Virtu Financial LLC raised its holdings in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 291.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 47,282 shares of the real estate investment trust’s stock after purchasing an additional 35,214 shares during the period. Virtu Financial LLC’s holdings in Annaly Capital Management were worth $562,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. Salem Investment Counselors Inc. purchased a new stake in Annaly Capital Management during the 3rd quarter valued at $100,000. Barrett Asset Management LLC purchased a new stake in Annaly Capital Management during the 4th quarter valued at $107,000. Wellington Shields Capital Management LLC purchased a new stake in Annaly Capital Management during the 3rd quarter valued at $122,000. Staley Capital Advisers Inc. purchased a new stake in Annaly Capital Management during the 3rd quarter valued at $126,000. Finally, Garrison Bradford & Associates Inc. purchased a new position in shares of Annaly Capital Management in the 4th quarter worth $125,000. Institutional investors and hedge funds own 57.10% of the company’s stock.
In related news, insider Anthony C. Green bought 23,250 shares of the firm’s stock in a transaction that occurred on Wednesday, February 21st. The shares were bought at an average cost of $10.42 per share, with a total value of $242,265.00. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Chairman Wellington Denahan bought 125,280 shares of the firm’s stock in a transaction that occurred on Thursday, December 7th. The stock was bought at an average cost of $11.97 per share, for a total transaction of $1,499,601.60. Following the completion of the acquisition, the chairman now owns 1,798,414 shares in the company, valued at approximately $21,527,015.58. The disclosure for this purchase can be found here. Company insiders own 0.43% of the company’s stock.
Annaly Capital Management, Inc. (NYSE:NLY) opened at $10.12 on Friday. The stock has a market capitalization of $11,735.38, a price-to-earnings ratio of 8.30, a PEG ratio of 7.09 and a beta of 0.10. Annaly Capital Management, Inc. has a 52 week low of $10.00 and a 52 week high of $12.73. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.23.
Annaly Capital Management (NYSE:NLY) last released its quarterly earnings results on Wednesday, February 14th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.30 by $0.01. The firm had revenue of $426.71 million for the quarter, compared to the consensus estimate of $370.80 million. Annaly Capital Management had a return on equity of 11.66% and a net margin of 72.18%. The company’s revenue for the quarter was down 31.6% on a year-over-year basis. During the same period last year, the business posted $0.30 EPS. research analysts predict that Annaly Capital Management, Inc. will post 1.17 earnings per share for the current year.
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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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