Mitsubishi UFJ Kokusai Asset Management Co. Ltd. cut its position in Annaly Capital Management Inc (NYSE:NLY) by 10.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 170,739 shares of the real estate investment trust’s stock after selling 19,483 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Annaly Capital Management were worth $2,057,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sheets Smith Wealth Management boosted its position in Annaly Capital Management by 0.6% in the second quarter. Sheets Smith Wealth Management now owns 11,119 shares of the real estate investment trust’s stock worth $134,000 after buying an additional 67 shares in the last quarter. Fisher Asset Management LLC boosted its position in Annaly Capital Management by 0.8% in the first quarter. Fisher Asset Management LLC now owns 10,315 shares of the real estate investment trust’s stock worth $115,000 after buying an additional 85 shares in the last quarter. Brown Advisory Securities LLC boosted its position in Annaly Capital Management by 1.3% in the first quarter. Brown Advisory Securities LLC now owns 11,171 shares of the real estate investment trust’s stock worth $125,000 after buying an additional 144 shares in the last quarter. Laurel Wealth Advisors Inc. boosted its position in Annaly Capital Management by 1.1% in the first quarter. Laurel Wealth Advisors Inc. now owns 16,316 shares of the real estate investment trust’s stock worth $181,000 after buying an additional 173 shares in the last quarter. Finally, Capstone Asset Management Co. boosted its position in Annaly Capital Management by 1.2% in the second quarter. Capstone Asset Management Co. now owns 24,126 shares of the real estate investment trust’s stock worth $291,000 after buying an additional 280 shares in the last quarter. 52.97% of the stock is owned by institutional investors and hedge funds.

Annaly Capital Management Inc (NYSE:NLY) opened at 12.31 on Wednesday. Annaly Capital Management Inc has a one year low of $9.83 and a one year high of $12.73. The company’s 50 day moving average is $12.10 and its 200 day moving average is $11.55. The stock has a market cap of $13.39 billion, a PE ratio of 4.26 and a beta of 0.28.

Annaly Capital Management (NYSE:NLY) last issued its quarterly earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.30 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.30. The firm had revenue of $315.15 million during the quarter, compared to analysts’ expectations of $424.18 million. Annaly Capital Management had a net margin of 121.84% and a return on equity of 11.33%. During the same quarter in the prior year, the business earned $0.29 EPS. On average, equities research analysts expect that Annaly Capital Management Inc will post $1.19 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, July 31st. Investors of record on Friday, June 30th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 9.75%. The ex-dividend date was Wednesday, June 28th. Annaly Capital Management’s dividend payout ratio is currently 41.52%.

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A number of research analysts have issued reports on the stock. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $11.25 price target on shares of Annaly Capital Management in a report on Thursday, August 3rd. BidaskClub raised shares of Annaly Capital Management from a “buy” rating to a “strong-buy” rating in a report on Friday, August 4th. Finally, Zacks Investment Research raised shares of Annaly Capital Management from a “sell” rating to a “hold” rating in a report on Wednesday, July 5th. Two research analysts have rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $11.41.

In other Annaly Capital Management news, Director Donnell Segalas purchased 8,000 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The stock was purchased at an average price of $12.09 per share, for a total transaction of $96,720.00. Following the purchase, the director now directly owns 84,150 shares in the company, valued at $1,017,373.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.43% of the stock is owned by corporate insiders.

About Annaly Capital Management

Annaly Capital Management, Inc is a mortgage real estate investment trust (REIT). The Company owns a portfolio of real estate related investments. Its investment groups primarily consist of Agency, which invests primarily in various types of Agency mortgage-backed securities and related derivatives to hedge these investments; Residential credit, which invests primarily in non-Agency mortgage-backed assets within securitized products and residential mortgage loan markets; Commercial real estate, which originates and invests in commercial mortgage loans, securities, and other commercial real estate investments, and Middle market, which provides customized debt financing to middle-market businesses.

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Institutional Ownership by Quarter for Annaly Capital Management (NYSE:NLY)

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