Boxwood Ventures Inc. Has $301,000 Position in Annaly Capital Management Inc $NLY

Boxwood Ventures Inc. cut its holdings in Annaly Capital Management Inc (NYSE:NLY) by 16.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 15,410 shares of the real estate investment trust’s stock after selling 3,060 shares during the quarter. Annaly Capital Management comprises 0.4% of Boxwood Ventures Inc.’s portfolio, making the stock its 27th largest position. Boxwood Ventures Inc.’s holdings in Annaly Capital Management were worth $301,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in NLY. J.W. Cole Advisors Inc. grew its stake in shares of Annaly Capital Management by 10.9% during the second quarter. J.W. Cole Advisors Inc. now owns 135,809 shares of the real estate investment trust’s stock worth $2,556,000 after purchasing an additional 13,388 shares during the period. Quadcap Wealth Management LLC raised its position in shares of Annaly Capital Management by 2.9% in the 2nd quarter. Quadcap Wealth Management LLC now owns 20,367 shares of the real estate investment trust’s stock valued at $383,000 after acquiring an additional 572 shares during the period. CreativeOne Wealth LLC bought a new position in Annaly Capital Management during the 2nd quarter worth approximately $429,000. Ameritas Investment Partners Inc. grew its holdings in Annaly Capital Management by 3.2% during the second quarter. Ameritas Investment Partners Inc. now owns 117,484 shares of the real estate investment trust’s stock valued at $2,211,000 after purchasing an additional 3,689 shares during the period. Finally, Global Retirement Partners LLC bought a new stake in Annaly Capital Management in the second quarter valued at approximately $506,000. Institutional investors and hedge funds own 51.56% of the company’s stock.

Annaly Capital Management Stock Up 2.4%

Shares of NLY stock opened at $22.45 on Wednesday. The firm’s fifty day moving average price is $21.19 and its two-hundred day moving average price is $20.48. The company has a current ratio of 0.09, a quick ratio of 0.11 and a debt-to-equity ratio of 0.19. Annaly Capital Management Inc has a 1 year low of $16.59 and a 1 year high of $22.46. The firm has a market capitalization of $15.33 billion, a P/E ratio of 10.39, a PEG ratio of 6.47 and a beta of 1.27.

Annaly Capital Management (NYSE:NLY) last announced its quarterly earnings data on Wednesday, October 22nd. The real estate investment trust reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.01. The company had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $493.55 million. Annaly Capital Management had a return on equity of 15.96% and a net margin of 26.68%. On average, equities analysts predict that Annaly Capital Management Inc will post 2.81 EPS for the current fiscal year.

Annaly Capital Management Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Tuesday, September 30th were paid a $0.70 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $2.80 annualized dividend and a dividend yield of 12.5%. Annaly Capital Management’s dividend payout ratio (DPR) is currently 129.63%.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Annaly Capital Management in a research report on Wednesday, October 8th. Royal Bank Of Canada lifted their price objective on Annaly Capital Management from $21.00 to $23.00 and gave the company an “outperform” rating in a report on Monday, September 15th. Zacks Research cut Annaly Capital Management from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Barclays set a $20.00 price target on shares of Annaly Capital Management and gave the company a “cautious” rating in a research note on Monday, October 6th. Finally, Jones Trading reissued a “buy” rating and set a $22.00 price objective on shares of Annaly Capital Management in a research report on Thursday, October 23rd. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Annaly Capital Management presently has a consensus rating of “Hold” and a consensus target price of $21.71.

Annaly Capital Management 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.