United Asset Strategies buys $676,391 stake in Annaly Capital Management (NLY)

Annaly Capital Management (NLY) : United Asset Strategies scooped up 12,266 additional shares in Annaly Capital Management during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 61,546 shares of Annaly Capital Management which is valued at $676,391.Annaly Capital Management makes up approximately 0.24% of United Asset Strategies’s portfolio.

Other Hedge Funds, Including , St. James Investment Company boosted its stake in NLY in the latest quarter, The investment management firm added 14,510 additional shares and now holds a total of 62,349 shares of Annaly Capital Management which is valued at $685,216. Annaly Capital Management makes up approx 0.08% of St. James Investment Company’s portfolio. Artemis Investment Management Llp added NLY to its portfolio by purchasing 2,509,857 company shares during the most recent quarter which is valued at $27,332,343. Annaly Capital Management makes up approx 0.71% of Artemis Investment Management Llp’s portfolio. America First Investment Advisors sold out all of its stake in NLY during the most recent quarter. The investment firm sold 1,000 shares of NLY which is valued $10,900.Shinko Asset Management Ltd. reduced its stake in NLY by selling 8,600 shares or 27.93% in the most recent quarter. The Hedge Fund company now holds 22,187 shares of NLY which is valued at $241,838. Chicago Capital Management added NLY to its portfolio by purchasing 427,491 company shares during the most recent quarter which is valued at $4,552,779. Annaly Capital Management makes up approx 1.65% of Chicago Capital Management’s portfolio.

Annaly Capital Management opened for trading at $10.94 and hit $11.08 on the upside on Thursday, eventually ending the session at $11.02, with a gain of 0.27% or 0.03 points. The heightened volatility saw the trading volume jump to 74,06,573 shares. Company has a market cap of $10,192 M.

On the company’s financial health, Annaly Capital Management reported $0.29 EPS for the quarter, based on the information available during the earnings call on Aug 3, 2016. Analyst had a consensus estimate of $0.29.Analysts expectations of $ 279.54.During the same quarter in the previous year, the company posted $0.41 EPS.

Many Wall Street Analysts have commented on Annaly Capital Management. Compass Point Downgraded Annaly Capital Management on Jun 15, 2016 to ” Sell”, Price Target of the shares are set at $10.50.

Annaly Capital Management Inc. is a mortgage real estate investment trust (REIT). The Company uses its capital coupled with borrowed funds to invest in real estate related investments earning the spread between the yield on its assets and the cost of its borrowings. It owns a portfolio of real estate related investments including mortgage pass-through certificates collateralized mortgage obligations (CMOs) Agency callable debentures other securities representing interests in or obligations backed by pools of mortgage loans commercial real estate assets and corporate debt. The Company’s business operations consist of Annaly (the parent company) Annaly Commercial Real Estate Group Inc. (ACREG) RCap Securities Inc. Fixed Income Discount Advisory Company (FIDAC) Annaly Middle Market Lending LLC and Shannon Funding LLC.

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