Swiss National Bank Sells 48,900 Shares of Annaly Capital Management, Inc. (NYSE:NLY)

Swiss National Bank decreased its stake in Annaly Capital Management, Inc. (NYSE:NLY) by 3.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,539,700 shares of the real estate investment trust’s stock after selling 48,900 shares during the quarter. Swiss National Bank’s holdings in Annaly Capital Management were worth $29,824,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. DekaBank Deutsche Girozentrale lifted its stake in Annaly Capital Management by 1.0% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 69,997 shares of the real estate investment trust’s stock valued at $1,310,000 after purchasing an additional 717 shares during the last quarter. Fifth Third Bancorp lifted its stake in Annaly Capital Management by 37.9% in the 3rd quarter. Fifth Third Bancorp now owns 2,814 shares of the real estate investment trust’s stock valued at $53,000 after purchasing an additional 773 shares during the last quarter. Daiwa Securities Group Inc. lifted its stake in Annaly Capital Management by 2.8% in the 3rd quarter. Daiwa Securities Group Inc. now owns 29,145 shares of the real estate investment trust’s stock valued at $548,000 after purchasing an additional 800 shares during the last quarter. Bell Bank lifted its stake in Annaly Capital Management by 0.7% in the 3rd quarter. Bell Bank now owns 113,786 shares of the real estate investment trust’s stock valued at $2,140,000 after purchasing an additional 803 shares during the last quarter. Finally, Treasurer of the State of North Carolina lifted its stake in Annaly Capital Management by 0.4% in the 3rd quarter. Treasurer of the State of North Carolina now owns 223,099 shares of the real estate investment trust’s stock valued at $4,196,000 after purchasing an additional 840 shares during the last quarter. Institutional investors own 51.56% of the company’s stock.

Annaly Capital Management Trading Up 0.2 %

NYSE:NLY opened at $19.68 on Thursday. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.58. The stock has a market capitalization of $9.85 billion, a price-to-earnings ratio of -20.29 and a beta of 1.54. The firm has a fifty day simple moving average of $19.19 and a two-hundred day simple moving average of $18.74. Annaly Capital Management, Inc. has a 12 month low of $14.52 and a 12 month high of $21.07.

Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings results on Thursday, April 25th. The real estate investment trust reported $0.64 EPS for the quarter, hitting analysts’ consensus estimates of $0.64. The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $320.00 million. Annaly Capital Management had a negative net margin of 8.38% and a positive return on equity of 15.13%. During the same period last year, the company posted $0.81 earnings per share. Analysts expect that Annaly Capital Management, Inc. will post 2.62 EPS for the current fiscal year.

Annaly Capital Management Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Thursday, March 28th were issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 13.21%. The ex-dividend date of this dividend was Wednesday, March 27th. Annaly Capital Management’s payout ratio is -268.04%.

Insiders Place Their Bets

In other Annaly Capital Management news, CEO David L. Finkelstein sold 50,000 shares of the firm’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $19.03, for a total value of $951,500.00. Following the transaction, the chief executive officer now directly owns 662,469 shares of the company’s stock, valued at $12,606,785.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.21% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on NLY shares. StockNews.com upgraded shares of Annaly Capital Management from a “sell” rating to a “hold” rating in a research report on Saturday, January 27th. Compass Point started coverage on shares of Annaly Capital Management in a research report on Tuesday, April 2nd. They issued a “buy” rating and a $22.00 price target for the company. Keefe, Bruyette & Woods restated an “outperform” rating and issued a $21.50 price target on shares of Annaly Capital Management in a research report on Wednesday, March 27th. Royal Bank of Canada restated an “outperform” rating and issued a $21.00 price target on shares of Annaly Capital Management in a research report on Monday, February 12th. Finally, Jonestrading reiterated a “buy” rating and set a $21.00 price objective on shares of Annaly Capital Management in a research report on Thursday, April 25th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $21.08.

Annaly Capital Management Company Profile

Annaly Capital Management, Inc, a diversified capital manager, engages in mortgage finance. The company invests in agency mortgage-backed securities collateralized by residential mortgages; non-agency residential whole loans and securitized products within the residential and commercial markets; mortgage servicing rights; agency commercial mortgage-backed securities; to-be-announced forward contracts; residential mortgage loans; and agency or private label credit risk transfer securities.