Schroder Investment Management Group lifted its holdings in shares of ANNALY CAP MGMT/SH (NYSE:NLY) by 24.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 371,347 shares of the real estate investment trust’s stock after purchasing an additional 71,971 shares during the period. Schroder Investment Management Group’s holdings in ANNALY CAP MGMT/SH were worth $3,799,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Huber Financial Advisors LLC bought a new stake in ANNALY CAP MGMT/SH in the 3rd quarter valued at about $105,000. Telemus Capital LLC bought a new stake in ANNALY CAP MGMT/SH in the 3rd quarter valued at about $109,000. Pzena Investment Management LLC bought a new stake in ANNALY CAP MGMT/SH in the 3rd quarter valued at about $116,000. Concorde Asset Management LLC bought a new stake in ANNALY CAP MGMT/SH in the 3rd quarter valued at about $119,000. Finally, Mariner Investment Group LLC bought a new stake in ANNALY CAP MGMT/SH in the 3rd quarter valued at about $122,000. Institutional investors own 55.66% of the company’s stock.
NLY stock opened at $10.16 on Friday. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.29. The stock has a market cap of $13.27 billion, a price-to-earnings ratio of 8.33 and a beta of 0.19. ANNALY CAP MGMT/SH has a twelve month low of $9.70 and a twelve month high of $12.37.
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 for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.01. The business had revenue of $315.62 million during the quarter, compared to analyst estimates of $398.00 million. ANNALY CAP MGMT/SH had a return on equity of 12.21% and a net margin of 105.40%. During the same quarter in the previous year, the firm earned $0.30 EPS. Sell-side analysts expect that ANNALY CAP MGMT/SH will post 1.19 EPS for the current fiscal year.
A number of equities research analysts recently issued reports on NLY shares. TheStreet upgraded ANNALY CAP MGMT/SH from a “c+” rating to a “b-” rating in a research note on Thursday, November 29th. 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. Finally, Barclays set a $11.00 target price on ANNALY CAP MGMT/SH and gave the company a “hold” rating in a report on Tuesday, September 11th. Two equities research analysts have rated the stock with a sell rating and five have given a hold rating to the company. The company presently has an average rating of “Hold” and an average target price of $10.63.
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ANNALY CAP MGMT/SH Company 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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