San Francisco Sentry Investment Group CA trimmed its holdings in Annaly Capital Management, Inc. (NYSE:NLY) by 29.1% during the 4th quarter, HoldingsChannel reports. The fund owned 25,700 shares of the real estate investment trust’s stock after selling 10,535 shares during the period. San Francisco Sentry Investment Group CA’s holdings in Annaly Capital Management were worth $306,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Cetera Investment Advisers lifted its position in shares of Annaly Capital Management by 2.8% in the second quarter. Cetera Investment Advisers now owns 18,135 shares of the real estate investment trust’s stock valued at $217,000 after acquiring an additional 500 shares in the last quarter. Advisory Services Network LLC lifted its position in shares of Annaly Capital Management by 9.0% in the second quarter. Advisory Services Network LLC now owns 9,757 shares of the real estate investment trust’s stock valued at $118,000 after acquiring an additional 806 shares in the last quarter. Toronto Dominion Bank lifted its position in shares of Annaly Capital Management by 12.3% in the second quarter. Toronto Dominion Bank now owns 12,521 shares of the real estate investment trust’s stock valued at $151,000 after acquiring an additional 1,372 shares in the last quarter. Daiwa SB Investments Ltd. lifted its position in shares of Annaly Capital Management by 42.8% in the fourth quarter. Daiwa SB Investments Ltd. now owns 16,840 shares of the real estate investment trust’s stock valued at $200,000 after acquiring an additional 5,050 shares in the last quarter. Finally, Comerica Bank lifted its position in shares of Annaly Capital Management by 5.9% in the third quarter. Comerica Bank now owns 103,961 shares of the real estate investment trust’s stock valued at $1,202,000 after acquiring an additional 5,801 shares in the last quarter. Institutional investors and hedge funds own 55.49% of the company’s stock.

Shares of Annaly Capital Management, Inc. (NYSE NLY) opened at $10.21 on Monday. Annaly Capital Management, Inc. has a twelve month low of $10.03 and a twelve month high of $12.73. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.03 and a quick ratio of 0.03. The stock has a market capitalization of $11,838.93, a PE ratio of 8.44, a PEG ratio of 1.89 and a beta of 0.05.

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Friday, December 29th were issued a $0.30 dividend. The ex-dividend date was Thursday, December 28th. This represents a $1.20 annualized dividend and a dividend yield of 11.75%. Annaly Capital Management’s dividend payout ratio (DPR) is 48.00%.

In related news, Chairman Wellington Denahan acquired 125,280 shares of Annaly Capital Management stock in a transaction on Thursday, December 7th. The shares were bought at an average cost of $11.97 per share, with a total value of $1,499,601.60. Following the completion of the purchase, the chairman now directly owns 1,798,414 shares of the company’s stock, valued at approximately $21,527,015.58. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Glenn Votek acquired 25,000 shares of Annaly Capital Management stock in a transaction on Friday, December 1st. The shares were bought at an average cost of $11.73 per share, for a total transaction of $293,250.00. The disclosure for this purchase can be found here. Insiders own 0.43% of the company’s stock.

NLY has been the topic of several research analyst reports. ValuEngine downgraded Annaly Capital Management from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 26th. Bank of America raised Annaly Capital Management from an “underperform” rating to a “neutral” rating in a report on Thursday, February 1st. Finally, Zacks Investment Research cut Annaly Capital Management from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Five research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $12.21.

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Annaly Capital Management Profile

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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Institutional Ownership by Quarter for Annaly Capital Management (NYSE:NLY)

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