Cetera Advisors LLC Raises Stake in ANNALY CAP MGMT/SH (NYSE:NLY)

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Cetera Advisors LLC boosted its holdings in shares of ANNALY CAP MGMT/SH (NYSE:NLY) by 5.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 778,760 shares of the real estate investment trust’s stock after purchasing an additional 43,229 shares during the period. Cetera Advisors LLC’s holdings in ANNALY CAP MGMT/SH were worth $6,854,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. BlackRock Inc. boosted its holdings in shares of ANNALY CAP MGMT/SH by 11.5% in the second quarter. BlackRock Inc. now owns 146,351,085 shares of the real estate investment trust’s stock valued at $1,336,187,000 after acquiring an additional 15,040,653 shares in the last quarter. Vanguard Group Inc. boosted its holdings in ANNALY CAP MGMT/SH by 4.4% during the second quarter. Vanguard Group Inc. now owns 134,709,321 shares of the real estate investment trust’s stock worth $1,229,897,000 after buying an additional 5,683,042 shares in the last quarter. State Treasurer State of Michigan boosted its holdings in ANNALY CAP MGMT/SH by 17.8% during the second quarter. State Treasurer State of Michigan now owns 33,107,190 shares of the real estate investment trust’s stock worth $302,269,000 after buying an additional 5,000,000 shares in the last quarter. UBS Group AG boosted its holdings in ANNALY CAP MGMT/SH by 7.4% during the second quarter. UBS Group AG now owns 16,918,244 shares of the real estate investment trust’s stock worth $154,464,000 after buying an additional 1,166,130 shares in the last quarter. Finally, Northern Trust Corp boosted its holdings in ANNALY CAP MGMT/SH by 3.2% during the second quarter. Northern Trust Corp now owns 12,726,883 shares of the real estate investment trust’s stock worth $116,197,000 after buying an additional 396,979 shares in the last quarter. 54.26% of the stock is currently owned by institutional investors.

NLY stock opened at $9.12 on Wednesday. The company has a market cap of $13.04 billion, a P/E ratio of 7.60 and a beta of 0.39. ANNALY CAP MGMT/SH has a 52 week low of $8.07 and a 52 week high of $10.51. The company’s 50-day moving average price is $8.84 and its 200 day moving average price is $9.08. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.29.

ANNALY CAP MGMT/SH (NYSE:NLY) last announced its earnings results on Wednesday, October 30th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.04). The business had revenue of $152.39 million for the quarter, compared to analyst estimates of $449.05 million. ANNALY CAP MGMT/SH had a positive return on equity of 11.66% and a negative net margin of 188.46%. During the same quarter in the previous year, the firm posted $0.30 EPS. On average, equities research analysts expect that ANNALY CAP MGMT/SH will post 0.98 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Monday, September 30th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 10.97%. The ex-dividend date of this dividend was Friday, September 27th. ANNALY CAP MGMT/SH’s payout ratio is currently 100.00%.

A number of analysts recently commented on NLY shares. ValuEngine raised shares of ANNALY CAP MGMT/SH from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Royal Bank of Canada started coverage on shares of ANNALY CAP MGMT/SH in a report on Wednesday, October 2nd. They set an “outperform” rating and a $10.00 price objective on the stock. JPMorgan Chase & Co. decreased their price objective on shares of ANNALY CAP MGMT/SH from $10.50 to $10.00 and set an “overweight” rating on the stock in a report on Wednesday, July 24th. Zacks Investment Research raised shares of ANNALY CAP MGMT/SH from a “sell” rating to a “hold” rating and set a $10.00 price objective on the stock in a report on Monday, August 5th. Finally, UBS Group downgraded shares of ANNALY CAP MGMT/SH from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $9.50 to $8.00 in a report on Tuesday, September 3rd. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $10.07.

ANNALY CAP MGMT/SH Company Profile

Annaly Capital Management, Inc, a diversified capital manager, invests in and finances residential and commercial assets. The company invests in various types of agency mortgage-backed securities, non-agency residential mortgage assets, and residential mortgage loans; and originates and invests in commercial mortgage loans, securities, and other commercial real estate investments.

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Want to see what other hedge funds are holding NLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ANNALY CAP MGMT/SH (NYSE:NLY).

Institutional Ownership by Quarter for ANNALY CAP MGMT/SH (NYSE:NLY)

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