DekaBank Deutsche Girozentrale reduced its holdings in Annaly Capital Management (NYSE:NLY) by 44.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 109,016 shares of the real estate investment trust’s stock after selling 87,212 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Annaly Capital Management were worth $1,195,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of NLY. TCI Wealth Advisors Inc. lifted its holdings in shares of Annaly Capital Management by 165.5% in the 1st quarter. TCI Wealth Advisors Inc. now owns 9,626 shares of the real estate investment trust’s stock valued at $100,000 after buying an additional 6,000 shares during the period. Barrett Asset Management LLC acquired a new stake in shares of Annaly Capital Management in the 4th quarter valued at approximately $107,000. Summit Securities Group LLC acquired a new stake in shares of Annaly Capital Management in the 1st quarter valued at approximately $107,000. Advisor Partners LLC acquired a new stake in shares of Annaly Capital Management in the 4th quarter valued at approximately $122,000. Finally, Garrison Bradford & Associates Inc. acquired a new stake in shares of Annaly Capital Management in the 4th quarter valued at approximately $125,000. 59.96% of the stock is owned by institutional investors and hedge funds.

Several analysts have recently commented on the company. Zacks Investment Research cut Annaly Capital Management from a “buy” rating to a “hold” rating in a report on Friday, May 4th. Deutsche Bank reduced their price target on Annaly Capital Management from $11.00 to $10.00 and set a “hold” rating for the company in a report on Thursday, May 3rd. ValuEngine cut Annaly Capital Management from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. Keefe, Bruyette & Woods reissued a “hold” rating on shares of Annaly Capital Management in a report on Friday, February 16th. Finally, Compass Point raised Annaly Capital Management from a “sell” rating to a “neutral” rating in a report on Tuesday, February 13th. Six equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $11.75.

In other news, insider Anthony C. Green acquired 23,250 shares of Annaly Capital Management stock in a transaction that occurred on Wednesday, February 21st. The stock was purchased at an average cost of $10.42 per share, with a total value of $242,265.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.43% of the company’s stock.

Shares of Annaly Capital Management opened at $10.29 on Friday, MarketBeat Ratings reports. The firm has a market cap of $11.98 billion, a P/E ratio of 8.43, a PEG ratio of 7.30 and a beta of 0.02. Annaly Capital Management has a 1 year low of $10.28 and a 1 year high of $10.35. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.26.

Annaly Capital Management (NYSE:NLY) last issued its quarterly earnings data on Wednesday, May 2nd. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.30. The firm had revenue of $512.07 million during the quarter, compared to analysts’ expectations of $349.17 million. Annaly Capital Management had a return on equity of 11.85% and a net margin of 99.62%. Annaly Capital Management’s revenue was up 31.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.29 earnings per share. research analysts predict that Annaly Capital Management will post 1.16 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 30th. Investors of record on Thursday, March 29th were issued a dividend of $0.30 per share. The ex-dividend date was Wednesday, March 28th. This represents a $1.20 annualized dividend and a yield of 11.66%. Annaly Capital Management’s dividend payout ratio is presently 98.36%.

Annaly Capital Management 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.

Want to see what other hedge funds are holding NLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Annaly Capital Management (NYSE:NLY).

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

Receive News & Ratings for Annaly Capital Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Annaly Capital Management and related companies with MarketBeat.com's FREE daily email newsletter.