ANNALY CAP MGMT/SH (NYSE:NLY)‘s stock had its “buy” rating restated by Barclays in a research note issued on Thursday. They currently have a $11.00 price objective on the real estate investment trust’s stock. Barclays‘s target price points to a potential upside of 9.40% from the stock’s previous close.

A number of other equities research analysts have also weighed in on NLY. TheStreet lowered ANNALY CAP MGMT/SH from a “b-” rating to a “c” rating in a report on Friday, February 15th. Zacks Investment Research lowered ANNALY CAP MGMT/SH from a “hold” rating to a “sell” rating in a report on Friday, February 8th. Keefe, Bruyette & Woods raised ANNALY CAP MGMT/SH from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $10.00 to $10.50 in a report on Sunday, January 13th. Finally, JPMorgan Chase & Co. raised ANNALY CAP MGMT/SH from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $10.00 to $10.50 in a report on Wednesday, January 16th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $10.80.

Shares of NYSE NLY traded down $0.05 during midday trading on Thursday, reaching $10.06. 6,077,247 shares of the company were exchanged, compared to its average volume of 12,867,834. The company has a quick ratio of 0.10, a current ratio of 0.08 and a debt-to-equity ratio of 0.27. ANNALY CAP MGMT/SH has a 1 year low of $9.57 and a 1 year high of $10.78. The firm has a market cap of $14.25 billion, a P/E ratio of 8.38 and a beta of 0.27.

ANNALY CAP MGMT/SH (NYSE:NLY) last released its quarterly earnings results on Wednesday, February 13th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.28 by $0.01. ANNALY CAP MGMT/SH had a return on equity of 12.39% and a net margin of 1.98%. The firm had revenue of $272.90 million for the quarter, compared to analyst estimates of $383.65 million. During the same quarter last year, the company posted $0.31 earnings per share. As a group, analysts anticipate that ANNALY CAP MGMT/SH will post 1.17 earnings per share for the current year.

Large investors have recently made changes to their positions in the company. Community Bank & Trust Waco Texas raised its position in shares of ANNALY CAP MGMT/SH by 8.1% during the 4th quarter. Community Bank & Trust Waco Texas now owns 13,364 shares of the real estate investment trust’s stock worth $131,000 after purchasing an additional 1,000 shares during the last quarter. Seelaus Asset Management LLC raised its position in shares of ANNALY CAP MGMT/SH by 3.4% during the 4th quarter. Seelaus Asset Management LLC now owns 31,459 shares of the real estate investment trust’s stock worth $309,000 after purchasing an additional 1,025 shares during the last quarter. Metropolitan Life Insurance Co. NY raised its position in shares of ANNALY CAP MGMT/SH by 3.6% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 32,201 shares of the real estate investment trust’s stock worth $316,000 after purchasing an additional 1,106 shares during the last quarter. CWM LLC raised its position in shares of ANNALY CAP MGMT/SH by 55.9% during the 4th quarter. CWM LLC now owns 3,089 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 1,108 shares during the last quarter. Finally, Flagship Harbor Advisors LLC raised its position in shares of ANNALY CAP MGMT/SH by 9.1% during the 4th quarter. Flagship Harbor Advisors LLC now owns 15,087 shares of the real estate investment trust’s stock worth $148,000 after purchasing an additional 1,263 shares during the last quarter. 54.33% of the stock is currently owned by institutional investors and hedge funds.

About ANNALY CAP MGMT/SH

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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