Annaly Capital Management, Inc. (NYSE:NLY) Shares Bought by KBC Group NV


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KBC Group NV lifted its position in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 96.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 708,152 shares of the real estate investment trust’s stock after buying an additional 347,543 shares during the period. KBC Group NV owned approximately 0.05% of Annaly Capital Management worth $6,090,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC increased its holdings in shares of Annaly Capital Management by 116.7% during the 1st quarter. International Assets Investment Management LLC now owns 131,523 shares of the real estate investment trust’s stock worth $1,130,000 after buying an additional 70,838 shares during the last quarter. Ossiam increased its holdings in shares of Annaly Capital Management by 2,898.0% during the 4th quarter. Ossiam now owns 729,532 shares of the real estate investment trust’s stock worth $6,165,000 after buying an additional 705,198 shares during the last quarter. Patriot Financial Group Insurance Agency LLC increased its holdings in shares of Annaly Capital Management by 70.1% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 14,137 shares of the real estate investment trust’s stock worth $119,000 after buying an additional 5,824 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Annaly Capital Management by 12.7% during the 4th quarter. Russell Investments Group Ltd. now owns 2,600,806 shares of the real estate investment trust’s stock worth $21,939,000 after buying an additional 293,617 shares during the last quarter. Finally, Leavell Investment Management Inc. increased its holdings in shares of Annaly Capital Management by 12.6% during the 4th quarter. Leavell Investment Management Inc. now owns 13,440 shares of the real estate investment trust’s stock worth $117,000 after buying an additional 1,500 shares during the last quarter. Institutional investors and hedge funds own 44.56% of the company’s stock.

NYSE:NLY opened at $9.11 on Tuesday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.20 and a quick ratio of 1.20. The firm has a 50-day moving average of $8.82 and a two-hundred day moving average of $8.28. The stock has a market cap of $12.74 billion, a P/E ratio of -19.38, a PEG ratio of 1.53 and a beta of 1.15. Annaly Capital Management, Inc. has a 1-year low of $5.48 and a 1-year high of $9.23.

Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings data on Tuesday, April 27th. The real estate investment trust reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.03. Annaly Capital Management had a negative net margin of 20.12% and a positive return on equity of 13.27%. During the same period in the previous year, the company posted $0.21 earnings per share. As a group, equities analysts expect that Annaly Capital Management, Inc. will post 1.09 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 30th. Shareholders of record on Wednesday, March 31st were given a $0.22 dividend. The ex-dividend date was Tuesday, March 30th. This represents a $0.88 dividend on an annualized basis and a yield of 9.66%. Annaly Capital Management’s payout ratio is currently 88.00%.

A number of research firms have recently commented on NLY. BTIG Research restated a “neutral” rating on shares of Annaly Capital Management in a report on Tuesday, April 27th. TheStreet raised shares of Annaly Capital Management from a “c” rating to a “b-” rating in a research report on Thursday, April 29th. Finally, Zacks Investment Research cut shares of Annaly Capital Management from a “hold” rating to a “sell” rating and set a $9.50 price target for the company. in a research report on Saturday. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $8.78.

About Annaly Capital Management

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 Capital Management (NYSE:NLY)

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