Chicago Equity Partners LLC bought a new position in shares of ANNALY CAP MGMT/SH (NYSE:NLY) during the third quarter, HoldingsChannel.com reports. The firm bought 17,790 shares of the real estate investment trust’s stock, valued at approximately $182,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Commonwealth Bank of Australia boosted its holdings in ANNALY CAP MGMT/SH by 118.0% during the second quarter. Commonwealth Bank of Australia now owns 586,377 shares of the real estate investment trust’s stock valued at $6,028,000 after purchasing an additional 317,344 shares in the last quarter. Centaurus Financial Inc. boosted its holdings in ANNALY CAP MGMT/SH by 121.3% during the second quarter. Centaurus Financial Inc. now owns 48,269 shares of the real estate investment trust’s stock valued at $497,000 after purchasing an additional 26,458 shares in the last quarter. Narwhal Capital Management boosted its holdings in ANNALY CAP MGMT/SH by 88.6% during the third quarter. Narwhal Capital Management now owns 290,300 shares of the real estate investment trust’s stock valued at $2,970,000 after purchasing an additional 136,350 shares in the last quarter. Korea Investment CORP boosted its holdings in ANNALY CAP MGMT/SH by 4.7% during the second quarter. Korea Investment CORP now owns 483,388 shares of the real estate investment trust’s stock valued at $4,974,000 after purchasing an additional 21,600 shares in the last quarter. Finally, GAM Holding AG boosted its holdings in ANNALY CAP MGMT/SH by 26.1% during the second quarter. GAM Holding AG now owns 29,000 shares of the real estate investment trust’s stock valued at $298,000 after purchasing an additional 6,000 shares in the last quarter. 50.30% of the stock is currently owned by institutional investors and hedge funds.

NYSE:NLY opened at $9.99 on Monday. ANNALY CAP MGMT/SH has a 1 year low of $9.70 and a 1 year high of $12.37. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.10 and a quick ratio of 0.10. The company has a market capitalization of $13.12 billion, a PE ratio of 8.19 and a beta of 0.13.

ANNALY CAP MGMT/SH (NYSE:NLY) last posted its earnings results on Wednesday, October 31st. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.01. ANNALY CAP MGMT/SH had a net margin of 105.40% and a return on equity of 12.21%. The company had revenue of $315.62 million during the quarter, compared to analysts’ expectations of $398.00 million. During the same quarter in the previous year, the company posted $0.30 earnings per share. As a group, sell-side analysts anticipate that ANNALY CAP MGMT/SH will post 1.19 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 31st. Stockholders of record on Friday, September 28th were paid a $0.078 dividend. This represents a $0.31 dividend on an annualized basis and a dividend yield of 3.12%. The ex-dividend date was Thursday, September 27th. ANNALY CAP MGMT/SH’s dividend payout ratio (DPR) is currently 98.36%.

NLY has been the topic of a number of recent research reports. JPMorgan Chase & Co. lifted their price objective on ANNALY CAP MGMT/SH from $10.00 to $10.50 and gave the company a “$10.45” rating in a report on Monday, July 23rd. Zacks Investment Research raised ANNALY CAP MGMT/SH from a “hold” rating to a “buy” rating and set a $12.00 price objective on the stock in a report on Tuesday, August 21st. TheStreet downgraded ANNALY CAP MGMT/SH from a “b” rating to a “c+” rating in a report on Thursday, October 11th. Finally, Barclays set a $11.00 price objective on ANNALY CAP MGMT/SH and gave the company a “hold” rating in a report on Tuesday, September 11th. Two analysts have rated the stock with a sell rating and five have issued a hold rating to the company. ANNALY CAP MGMT/SH presently has a consensus rating of “Hold” and an average target price of $10.63.

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ANNALY CAP MGMT/SH Profile

Annaly Capital Management, Inc, a diversified capital manager, invests in and finances residential and commercial assets. The company invests in various types of agency mortgage-backed securities, non-agency residential mortgage assets, and residential mortgage loans; and originates and invests in commercial mortgage loans, securities, and other commercial real estate investments.

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Want to see what other hedge funds are holding NLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ANNALY CAP MGMT/SH (NYSE:NLY).

Institutional Ownership by Quarter for ANNALY CAP MGMT/SH (NYSE:NLY)

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