Annaly Capital Management (NLY) : Alpine Partners Vi added new position in Annaly Capital Management during the most recent quarter end. The investment management firm now holds 342,585 shares of Annaly Capital Management which is valued at $3,795,842 , the company said in a statement filed on Aug 12, 2016 with the SEC.Annaly Capital Management makes up approximately 1.72% of Alpine Partners Vi’s portfolio.
Other Hedge Funds, Including , Stevens Capital Management Lp sold out all of its stake in NLY during the most recent quarter. The investment firm sold 20,034 shares of NLY which is valued $221,977.Apg Asset Management N.v. boosted its stake in NLY in the latest quarter, The investment management firm added 155,900 additional shares and now holds a total of 8,272,910 shares of Annaly Capital Management which is valued at $91,663,843. Annaly Capital Management makes up approx 0.17% of Apg Asset Management N.v.’s portfolio.Assetmark Inc reduced its stake in NLY by selling 15,622 shares or 10.11% in the most recent quarter. The Hedge Fund company now holds 138,933 shares of NLY which is valued at $1,540,767. Annaly Capital Management makes up approx 0.03% of Assetmark Inc’s portfolio.New Vernon Investment Management reduced its stake in NLY by selling 51,680 shares or 12.92% in the most recent quarter. The Hedge Fund company now holds 348,320 shares of NLY which is valued at $3,869,835. Annaly Capital Management makes up approx 3.30% of New Vernon Investment Management’s portfolio.Acadian Asset Management boosted its stake in NLY in the latest quarter, The investment management firm added 2,662,954 additional shares and now holds a total of 3,083,223 shares of Annaly Capital Management which is valued at $33,298,808. Annaly Capital Management makes up approx 0.16% of Acadian Asset Management’s portfolio.
Annaly Capital Management opened for trading at $10.8 and hit $10.85 on the upside on Monday, eventually ending the session at $10.8, with a gain of 0.19% or 0.02 points. The heightened volatility saw the trading volume jump to 60,72,797 shares. Company has a market cap of $10,752 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 Companys 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.