Shares of Annaly Capital Management, Inc. (NYSE:NLY) have received a consensus rating of “Buy” from the eight analysts that are currently covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $11.80.
A number of equities research analysts have commented on the company. Keefe, Bruyette & Woods reissued a “hold” rating on shares of Annaly Capital Management in a report on Friday, February 16th. Zacks Investment Research downgraded Annaly Capital Management from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Compass Point raised Annaly Capital Management from a “sell” rating to a “neutral” rating in a report on Tuesday, February 13th. Finally, Bank of America upgraded Annaly Capital Management from an “underperform” rating to a “neutral” rating in a research report on Thursday, February 1st.
Annaly Capital Management (NLY) traded up $0.08 during trading on Friday, reaching $10.65. The company’s stock had a trading volume of 3,901,094 shares, compared to its average volume of 9,256,293. Annaly Capital Management has a 12 month low of $10.00 and a 12 month high of $12.73. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $12,152.85, a P/E ratio of 8.00, a P/E/G ratio of 7.34 and a beta of 0.10.
In other news, insider Anthony C. Green purchased 23,250 shares of the company’s stock in a transaction dated Wednesday, February 21st. The stock was acquired at an average price of $10.42 per share, for a total transaction of $242,265.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.43% of the company’s stock.
Hedge funds have recently made changes to their positions in the company. APG Asset Management N.V. increased its position in Annaly Capital Management by 21.1% during the 4th quarter. APG Asset Management N.V. now owns 32,577,760 shares of the real estate investment trust’s stock worth $322,576,000 after purchasing an additional 5,671,700 shares in the last quarter. Janus Henderson Group PLC increased its position in Annaly Capital Management by 136.1% during the 3rd quarter. Janus Henderson Group PLC now owns 7,528,679 shares of the real estate investment trust’s stock worth $91,774,000 after purchasing an additional 4,340,397 shares in the last quarter. BlackRock Inc. increased its position in Annaly Capital Management by 4.0% during the 4th quarter. BlackRock Inc. now owns 98,105,683 shares of the real estate investment trust’s stock worth $1,166,474,000 after purchasing an additional 3,747,677 shares in the last quarter. Skandinaviska Enskilda Banken AB publ increased its position in Annaly Capital Management by 35.6% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 11,358,849 shares of the real estate investment trust’s stock worth $138,464,000 after purchasing an additional 2,982,700 shares in the last quarter. Finally, Two Sigma Investments LP increased its position in Annaly Capital Management by 60.2% during the 4th quarter. Two Sigma Investments LP now owns 6,648,487 shares of the real estate investment trust’s stock worth $79,051,000 after purchasing an additional 2,497,786 shares in the last quarter. Institutional investors and hedge funds own 60.07% of the company’s stock.
About Annaly Capital Management
Annaly Capital Management, Inc is a mortgage real estate investment trust (REIT). The Company owns a portfolio of real estate related investments. Its investment groups primarily consist of Agency, which invests primarily in various types of Agency mortgage-backed securities and related derivatives to hedge these investments; Residential credit, which invests primarily in non-Agency mortgage-backed assets within securitized products and residential mortgage loan markets; Commercial real estate, which originates and invests in commercial mortgage loans, securities, and other commercial real estate investments, and Middle market, which provides customized debt financing to middle-market businesses.
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