Annaly Capital Management (NLY) : Kempner Capital Management reduced its stake in Annaly Capital Management by 3.23% during the most recent quarter end. The investment management company now holds a total of 170,860 shares of Annaly Capital Management which is valued at $1,706,891 after selling 5,700 shares in Annaly Capital Management , the firm said in a disclosure report filed with the SEC on Oct 4, 2016.Annaly Capital Management makes up approximately 1.17% of Kempner Capital Management’s portfolio.
Other Hedge Funds, Including , Eqis Capital Management added NLY to its portfolio by purchasing 20,947 company shares during the most recent quarter which is valued at $209,261. Annaly Capital Management makes up approx 0.01% of Eqis Capital Management’s portfolio.
Annaly Capital Management closed down -0.32 points or -3.09% at $10.05 with 1,50,29,332 shares getting traded on Tuesday. Post opening the session at $10.36, the shares hit an intraday low of $10.01 and an intraday high of $10.37 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
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.
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.