Annaly Capital Management (NLY) : West Chester Capital Advisors Inc scooped up 29,206 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 8, 2016. The investment management firm now holds a total of 71,118 shares of Annaly Capital Management which is valued at $788,699.Annaly Capital Management makes up approximately 1.15% of West Chester Capital Advisors Inc’s portfolio.
Other Hedge Funds, Including , Central Trust Co boosted its stake in NLY in the latest quarter, The investment management firm added 400 additional shares and now holds a total of 5,300 shares of Annaly Capital Management which is valued at $58,777.Dekabank Deutsche Girozentrale reduced its stake in NLY by selling 160,500 shares or 24.01% in the most recent quarter. The Hedge Fund company now holds 507,923 shares of NLY which is valued at $5,643,025. Annaly Capital Management makes up approx 0.06% of Dekabank Deutsche Girozentrale’s portfolio.Cibc Asset Management Inc boosted its stake in NLY in the latest quarter, The investment management firm added 7,602 additional shares and now holds a total of 130,842 shares of Annaly Capital Management which is valued at $1,437,954. Annaly Capital Management makes up approx 0.01% of Cibc Asset Management Inc’s portfolio.Nn Investment Partners Holdings N.v. boosted its stake in NLY in the latest quarter, The investment management firm added 4,166,020 additional shares and now holds a total of 4,171,514 shares of Annaly Capital Management which is valued at $44,968,921. Annaly Capital Management makes up approx 0.41% of Nn Investment Partners Holdings N.v.’s portfolio.
Annaly Capital Management closed down -0.14 points or -1.26% at $10.94 with 1,61,38,456 shares getting traded on Monday. Post opening the session at $11.06, the shares hit an intraday low of $10.88 and an intraday high of $11.085 and the price fluctuated in this range throughout the day.Shares ended Monday 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.
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.