Brown Advisory Inc. boosted its stake in shares of ANNALY CAP MGMT/SH (NYSE:NLY) by 17.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 357,961 shares of the real estate investment trust’s stock after buying an additional 52,018 shares during the period. Brown Advisory Inc.’s holdings in ANNALY CAP MGMT/SH were worth $3,662,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in NLY. BlackRock Inc. grew its stake in shares of ANNALY CAP MGMT/SH by 8.9% during the 3rd quarter. BlackRock Inc. now owns 106,656,075 shares of the real estate investment trust’s stock worth $1,091,092,000 after acquiring an additional 8,725,565 shares in the last quarter. FMR LLC grew its stake in shares of ANNALY CAP MGMT/SH by 26.0% during the 3rd quarter. FMR LLC now owns 33,338,613 shares of the real estate investment trust’s stock worth $341,054,000 after acquiring an additional 6,875,852 shares in the last quarter. State Treasurer State of Michigan bought a new position in shares of ANNALY CAP MGMT/SH during the 3rd quarter worth approximately $282,167,000. LSV Asset Management grew its stake in shares of ANNALY CAP MGMT/SH by 11.3% during the 3rd quarter. LSV Asset Management now owns 26,688,721 shares of the real estate investment trust’s stock worth $273,025,000 after acquiring an additional 2,713,772 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ grew its stake in shares of ANNALY CAP MGMT/SH by 17.8% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 19,149,962 shares of the real estate investment trust’s stock worth $195,904,000 after acquiring an additional 2,890,260 shares in the last quarter. Hedge funds and other institutional investors own 55.66% of the company’s stock.

NYSE:NLY opened at $10.10 on Friday. ANNALY CAP MGMT/SH has a 1-year low of $9.70 and a 1-year high of $12.37. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.10 and a quick ratio of 0.10. The firm has a market capitalization of $13.18 billion, a P/E ratio of 8.28 and a beta of 0.19.

ANNALY CAP MGMT/SH (NYSE:NLY) last released its earnings results on Wednesday, October 31st. The real estate investment trust reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.01. ANNALY CAP MGMT/SH had a net margin of 105.40% and a return on equity of 12.21%. The business had revenue of $315.62 million during the quarter, compared to analysts’ expectations of $398.00 million. During the same period last year, the business earned $0.30 earnings per share. As a group, sell-side analysts anticipate that ANNALY CAP MGMT/SH will post 1.19 EPS for the current year.

Several brokerages have recently weighed in on NLY. Barclays set a $11.00 price target on shares of ANNALY CAP MGMT/SH and gave the stock a “hold” rating in a research note on Tuesday, September 11th. TheStreet cut shares of ANNALY CAP MGMT/SH from a “b” rating to a “c+” rating in a research note on Thursday, October 11th. Finally, Zacks Investment Research cut shares of ANNALY CAP MGMT/SH from a “hold” rating to a “sell” rating in a research note on Monday, October 8th. Two research analysts have rated the stock with a sell rating and five have given a hold rating to the company. ANNALY CAP MGMT/SH has an average rating of “Hold” and a consensus price target 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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Institutional Ownership by Quarter for ANNALY CAP MGMT/SH (NYSE:NLY)

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