Annaly Capital Management (NLY) : Retirement Design Management Inc Adv reduced its stake in Annaly Capital Management by 0.72% during the most recent quarter end. The investment management company now holds a total of 128,454 shares of Annaly Capital Management which is valued at $1,303,808 after selling 928 shares in Annaly Capital Management , the firm said in a disclosure report filed with the SEC on Oct 14, 2016.Annaly Capital Management makes up approximately 0.81% of Retirement Design Management Inc Adv’s portfolio.
Other Hedge Funds, Including , Integrated Investment Consultants reduced its stake in NLY by selling 2,028 shares or 17.5% in the most recent quarter. The Hedge Fund company now holds 9,558 shares of NLY which is valued at $97,014. Annaly Capital Management makes up approx 0.05% of Integrated Investment Consultants’s portfolio.Cutler Group Lp reduced its stake in NLY by selling 700 shares or 5.2% in the most recent quarter. The Hedge Fund company now holds 12,754 shares of NLY which is valued at $128,305. Annaly Capital Management makes up approx 0.01% of Cutler Group Lp’s portfolio.Carroll Financial Associates reduced its stake in NLY by selling 108 shares or 1.46% in the most recent quarter. The Hedge Fund company now holds 7,272 shares of NLY which is valued at $73,156. Annaly Capital Management makes up approx 0.01% of Carroll Financial Associates’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in NLY by selling 280,723 shares or 27.57% in the most recent quarter. The Hedge Fund company now holds 737,606 shares of NLY which is valued at $7,368,684. Annaly Capital Management makes up approx 0.03% of Bnp Paribas Arbitrage Sa’s portfolio.
Annaly Capital Management closed down -0.11 points or -1.07% at $10.15 with 44,17,402 shares getting traded on Friday. Post opening the session at $10.27, the shares hit an intraday low of $10.15 and an intraday high of $10.27 and the price fluctuated in this range throughout the day.Shares ended Friday 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.