Annaly Capital Management (NLY) : Bergankdv Wealth Management scooped up 26,197 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 15, 2016. The investment management firm now holds a total of 142,222 shares of Annaly Capital Management which is valued at $1,575,820.Annaly Capital Management makes up approximately 0.66% of Bergankdv Wealth Management’s portfolio.
Other Hedge Funds, Including , Archford Capital Strategies added NLY to its portfolio by purchasing 958 company shares during the most recent quarter which is valued at $10,615. Annaly Capital Management makes up approx 0.01% of Archford Capital Strategies’s portfolio.Norges Bank reduced its stake in NLY by selling 7,667,350 shares or 73.45% in the most recent quarter. The Hedge Fund company now holds 2,771,848 shares of NLY which is valued at $30,712,076. Annaly Capital Management makes up approx 0.01% of Norges Bank’s portfolio.Sii Investments Incwi reduced its stake in NLY by selling 1,453 shares or 3.73% in the most recent quarter. The Hedge Fund company now holds 37,545 shares of NLY which is valued at $415,623. Annaly Capital Management makes up approx 0.03% of Sii Investments Incwi’s portfolio. Albert D Mason Inc sold out all of its stake in NLY during the most recent quarter. The investment firm sold 37,225 shares of NLY which is valued $402,030.
Annaly Capital Management (NLY) witnessed a volatile trading activity on Thursday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $10.71 and reached the intraday high at $10.74. The bulls started the profit booking and pushed the shares to intraday low of $10.63. The trading session was marked by a volume range of 67,60,343 shares exchanging hands. The 52-week high of the shares is $11.29 and the 52-week low is $8.25. The market cap of the company stands at $10,662 M and there are 99,55,32,780 shares in public circulation.
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.