Investors Buy Large Volume of Annaly Capital Management Put Options (NLY)
Annaly Capital Management Inc (NYSE:NLY) was the recipient of some unusual options trading on Monday. Traders bought 19,662 put options on the stock. This represents an increase of 4,348% compared to the average daily volume of 442 put options.
Annaly Capital Management (NYSE:NLY) opened at $11.95 on Thursday. Annaly Capital Management has a 52-week low of $9.83 and a 52-week high of $12.73. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.03 and a current ratio of 0.03. The company has a market capitalization of $13,902.92, a PE ratio of 9.91, a P/E/G ratio of 2.29 and a beta of 0.22.
Annaly Capital Management (NYSE:NLY) last posted its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.30 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.01. Annaly Capital Management had a return on equity of 11.59% and a net margin of 104.56%. The business had revenue of $353.61 million during the quarter, compared to analysts’ expectations of $361.67 million. During the same period in the previous year, the business earned $0.29 earnings per share. The firm’s revenue was up 12.2% on a year-over-year basis. equities research analysts predict that Annaly Capital Management will post 1.2 EPS for the current year.
In other Annaly Capital Management news, CFO Glenn Votek bought 25,000 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The stock was acquired at an average price of $11.73 per share, with a total value of $293,250.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Kevin Keyes bought 300,000 shares of the firm’s stock in a transaction that occurred on Monday, November 6th. The shares were acquired at an average cost of $11.12 per share, with a total value of $3,336,000.00. The disclosure for this purchase can be found here. Insiders acquired 334,800 shares of company stock valued at $3,740,382 over the last quarter. Corporate insiders own 0.43% of the company’s stock.
A number of institutional investors have recently bought and sold shares of the stock. APG Asset Management N.V. lifted its stake in Annaly Capital Management by 70.0% during the third quarter. APG Asset Management N.V. now owns 26,906,060 shares of the real estate investment trust’s stock worth $327,985,000 after purchasing an additional 11,082,900 shares during the last quarter. Principal Financial Group Inc. lifted its stake in Annaly Capital Management by 1,537.9% during the second quarter. Principal Financial Group Inc. now owns 10,789,299 shares of the real estate investment trust’s stock worth $130,011,000 after purchasing an additional 10,130,578 shares during the last quarter. Wells Fargo & Company MN lifted its stake in Annaly Capital Management by 58.1% during the second quarter. Wells Fargo & Company MN now owns 13,314,572 shares of the real estate investment trust’s stock worth $160,441,000 after purchasing an additional 4,891,048 shares during the last quarter. Janus Henderson Group PLC lifted its stake in Annaly Capital Management by 136.1% during the third quarter. Janus Henderson Group PLC now owns 7,528,679 shares of the real estate investment trust’s stock worth $91,774,000 after purchasing an additional 4,340,397 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its stake in Annaly Capital Management by 38.7% during the second quarter. Renaissance Technologies LLC now owns 14,405,486 shares of the real estate investment trust’s stock worth $173,586,000 after purchasing an additional 4,020,960 shares during the last quarter. Institutional investors and hedge funds own 54.45% of the company’s stock.
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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.
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