AMP Capital Investors Ltd Reduces Stake in ANNALY Cap Mgmt/SH (NLY)

AMP Capital Investors Ltd lowered its position in shares of ANNALY Cap Mgmt/SH (NYSE:NLY) by 23.8% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 507,793 shares of the real estate investment trust’s stock after selling 158,400 shares during the quarter. AMP Capital Investors Ltd’s holdings in ANNALY Cap Mgmt/SH were worth $5,225,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. lifted its holdings in shares of ANNALY Cap Mgmt/SH by 1.1% during the second quarter. BlackRock Inc. now owns 97,930,510 shares of the real estate investment trust’s stock worth $1,007,706,000 after buying an additional 1,018,396 shares in the last quarter. LSV Asset Management lifted its holdings in shares of ANNALY Cap Mgmt/SH by 1.3% during the second quarter. LSV Asset Management now owns 23,974,949 shares of the real estate investment trust’s stock worth $246,702,000 after buying an additional 301,081 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of ANNALY Cap Mgmt/SH by 2.1% during the first quarter. Northern Trust Corp now owns 10,293,817 shares of the real estate investment trust’s stock worth $107,365,000 after buying an additional 215,370 shares in the last quarter. Allianz Asset Management GmbH lifted its holdings in shares of ANNALY Cap Mgmt/SH by 16.7% during the first quarter. Allianz Asset Management GmbH now owns 9,443,757 shares of the real estate investment trust’s stock worth $98,498,000 after buying an additional 1,353,121 shares in the last quarter. Finally, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp lifted its holdings in shares of ANNALY Cap Mgmt/SH by 19.8% during the first quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 7,364,800 shares of the real estate investment trust’s stock worth $76,815,000 after buying an additional 1,214,900 shares in the last quarter. 53.50% of the stock is owned by institutional investors.

A number of equities research analysts have recently weighed in on the company. Barclays set a $11.00 target price on ANNALY Cap Mgmt/SH and gave the stock a “hold” rating in a report on Tuesday, September 11th. ValuEngine downgraded ANNALY Cap Mgmt/SH from a “hold” rating to a “sell” rating in a report on Saturday, June 2nd. JPMorgan Chase & Co. lifted their target price on ANNALY Cap Mgmt/SH from $10.00 to $10.50 and gave the stock a “$10.45” rating in a report on Monday, July 23rd. Finally, Zacks Investment Research raised ANNALY Cap Mgmt/SH from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a report on Tuesday, August 21st. One analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $10.88.

NLY stock opened at $10.24 on Friday. The stock has a market capitalization of $12.42 billion, a P/E ratio of 8.39 and a beta of 0.08. ANNALY Cap Mgmt/SH has a 52 week low of $9.94 and a 52 week high of $12.58. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.02 and a quick ratio of 0.02.

ANNALY Cap Mgmt/SH (NYSE:NLY) last posted its quarterly earnings results on Wednesday, August 1st. The real estate investment trust reported $0.30 EPS for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.01. The business had revenue of $334.11 million during the quarter, compared to the consensus estimate of $330.95 million. ANNALY Cap Mgmt/SH had a return on equity of 12.10% and a net margin of 112.29%. During the same quarter in the previous year, the firm earned $0.30 earnings per share. sell-side analysts predict that ANNALY Cap Mgmt/SH will post 1.19 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 31st. Investors of record on Friday, September 28th will be paid a $0.078 dividend. This represents a $0.31 dividend on an annualized basis and a yield of 3.05%. The ex-dividend date of this dividend is Thursday, September 27th. ANNALY Cap Mgmt/SH’s dividend payout ratio (DPR) is presently 72.95%.

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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Institutional Ownership by Quarter for ANNALY Cap Mgmt/SH (NYSE:NLY)

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