Pointe Capital Management LLC purchased a new position in shares of Annaly Capital Management Inc (NYSE:NLY) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 10,500 shares of the real estate investment trust’s stock, valued at approximately $127,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in NLY. BlackRock Inc. increased its position in shares of Annaly Capital Management by 5,238.7% in the first quarter. BlackRock Inc. now owns 92,084,652 shares of the real estate investment trust’s stock worth $1,023,059,000 after buying an additional 90,359,815 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Annaly Capital Management by 4.8% in the first quarter. Vanguard Group Inc. now owns 82,592,638 shares of the real estate investment trust’s stock worth $917,603,000 after buying an additional 3,810,179 shares in the last quarter. Skandinaviska Enskilda Banken AB publ acquired a new position in shares of Annaly Capital Management during the first quarter worth about $41,814,000. Wells Fargo & Company MN increased its position in shares of Annaly Capital Management by 64.9% in the first quarter. Wells Fargo & Company MN now owns 8,423,524 shares of the real estate investment trust’s stock worth $93,585,000 after buying an additional 3,314,397 shares in the last quarter. Finally, Bank of Montreal Can increased its position in shares of Annaly Capital Management by 344.6% in the second quarter. Bank of Montreal Can now owns 3,943,022 shares of the real estate investment trust’s stock worth $47,514,000 after buying an additional 3,056,208 shares in the last quarter. Institutional investors own 52.56% of the company’s stock.

Annaly Capital Management Inc (NLY) opened at 12.25 on Friday. Annaly Capital Management Inc has a 12-month low of $9.83 and a 12-month high of $12.73. The stock has a market cap of $13.33 billion, a P/E ratio of 4.23 and a beta of 0.28. The firm’s 50 day moving average price is $12.12 and its 200-day moving average price is $11.51.

Annaly Capital Management (NYSE:NLY) last issued its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.30. The company had revenue of $315.15 million for the quarter, compared to analyst estimates 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 period last year, the company posted $0.29 earnings per share. Equities research analysts anticipate that Annaly Capital Management Inc will post $1.19 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Investors of record on Friday, June 30th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 9.80%. The ex-dividend date of this dividend was Wednesday, June 28th. Annaly Capital Management’s payout ratio is 41.52%.

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NLY has been the topic of a number of research analyst reports. Zacks Investment Research upgraded Annaly Capital Management from a “sell” rating to a “hold” rating in a report on Wednesday, July 5th. BidaskClub upgraded Annaly Capital Management from a “buy” rating to a “strong-buy” rating in a report on Wednesday, July 12th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $11.25 target price on shares of Annaly Capital Management in a report on Friday, June 30th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. Annaly Capital Management presently has a consensus rating of “Hold” and an average target price of $11.36.

In other Annaly Capital Management news, Director Donnell Segalas acquired 8,000 shares of the business’s stock in a transaction that occurred on Monday, August 7th. The shares were bought at an average cost of $12.09 per share, with a total value of $96,720.00. Following the completion of the acquisition, the director now directly owns 84,150 shares in the company, valued at approximately $1,017,373.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.43% of the company’s stock.

Annaly Capital Management Company Profile

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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