Vivaldi Asset Management adds Annaly Capital Management (NLY) to its portfolio

Annaly Capital Management (NLY) : Vivaldi Asset Management added new position in Annaly Capital Management during the most recent quarter end. The investment management firm now holds 86,242 shares of Annaly Capital Management which is valued at $956,424 , the company said in a statement filed on Aug 9, 2016 with the SEC.Annaly Capital Management makes up approximately 0.51% of Vivaldi Asset Management’s portfolio.

Other Hedge Funds, Including , Edge Asset Management Inc boosted its stake in NLY in the latest quarter, The investment management firm added 770,081 additional shares and now holds a total of 6,580,431 shares of Annaly Capital Management which is valued at $72,845,371. Annaly Capital Management makes up approx 0.63% of Edge Asset Management Inc’s portfolio.Oppenheimer Co Inc boosted its stake in NLY in the latest quarter, The investment management firm added 16,051 additional shares and now holds a total of 491,266 shares of Annaly Capital Management which is valued at $5,448,140. Annaly Capital Management makes up approx 0.16% of Oppenheimer Co Inc’s portfolio.Ngam Advisors boosted its stake in NLY in the latest quarter, The investment management firm added 449 additional shares and now holds a total of 113,708 shares of Annaly Capital Management which is valued at $1,249,651. Annaly Capital Management makes up approx 0.02% of Ngam Advisors’s portfolio.Prospera Financial Services Inc boosted its stake in NLY in the latest quarter, The investment management firm added 11,336 additional shares and now holds a total of 25,117 shares of Annaly Capital Management which is valued at $273,524. Annaly Capital Management makes up approx 0.06% of Prospera Financial Services Inc’s portfolio. 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 $10.84 and hit $10.87 on the upside on Wednesday, eventually ending the session at $10.85, with a gain of 0.18% or 0.02 points. The heightened volatility saw the trading volume jump to 93,27,140 shares. Company has a market cap of $10,802 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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