Annaly Capital Management Inc (NYSE:NLY) Chairman Wellington Denahan purchased 125,280 shares of the business’s stock in a transaction on Thursday, December 7th. The stock was purchased at an average cost of $11.97 per share, for a total transaction of $1,499,601.60. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of Annaly Capital Management Inc (NYSE NLY) traded down $0.08 during trading on Friday, reaching $11.91. 7,279,500 shares of the company’s stock were exchanged, compared to its average volume of 8,497,312. The company has a market cap of $13,856.54, a price-to-earnings ratio of 9.88, a PEG ratio of 2.29 and a beta of 0.22. Annaly Capital Management Inc has a 1-year low of $9.83 and a 1-year high of $12.73. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.03 and a current ratio of 0.03.

Annaly Capital Management (NYSE:NLY) last announced its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.01. The business had revenue of $353.61 million for the quarter, compared to analyst estimates of $361.67 million. Annaly Capital Management had a net margin of 104.56% and a return on equity of 11.59%. The company’s revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.29 EPS. sell-side analysts expect that Annaly Capital Management Inc will post 1.2 earnings per share for the current year.

Large investors have recently bought and sold shares of the company. Salem Investment Counselors Inc. purchased a new stake in shares of Annaly Capital Management in the 3rd quarter worth about $100,000. Balentine LLC purchased a new stake in shares of Annaly Capital Management in the 2nd quarter worth about $114,000. Advisory Services Network LLC lifted its position in shares of Annaly Capital Management by 9.0% in the 2nd quarter. Advisory Services Network LLC now owns 9,757 shares of the real estate investment trust’s stock worth $118,000 after purchasing an additional 806 shares during the period. Wellington Shields Capital Management LLC purchased a new stake in shares of Annaly Capital Management in the 3rd quarter worth about $122,000. Finally, Staley Capital Advisers Inc. purchased a new stake in shares of Annaly Capital Management in the 3rd quarter worth about $126,000. 54.45% of the stock is owned by hedge funds and other institutional investors.

NLY has been the topic of a number of recent analyst reports. ValuEngine raised shares of Annaly Capital Management from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Zacks Investment Research raised shares of Annaly Capital Management from a “hold” rating to a “buy” rating and set a $14.00 price target on the stock in a report on Tuesday, September 26th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Annaly Capital Management has an average rating of “Hold” and an average target price of $11.77.

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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.

Insider Buying and Selling by Quarter for Annaly Capital Management (NYSE:NLY)

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