DNB Asset Management AS raised its holdings in ANNALY Cap Mgmt/SH (NYSE:NLY) by 7.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 709,080 shares of the real estate investment trust’s stock after purchasing an additional 50,031 shares during the quarter. DNB Asset Management AS’s holdings in ANNALY Cap Mgmt/SH were worth $7,254,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in NLY. Morgan Stanley grew its stake in ANNALY Cap Mgmt/SH by 59.1% in the 2nd quarter. Morgan Stanley now owns 5,233,325 shares of the real estate investment trust’s stock valued at $53,851,000 after purchasing an additional 1,944,084 shares during the period. Allianz Asset Management GmbH grew its stake in ANNALY Cap Mgmt/SH by 16.7% in the 1st quarter. Allianz Asset Management GmbH now owns 9,443,757 shares of the real estate investment trust’s stock valued at $98,498,000 after purchasing an additional 1,353,121 shares during the period. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp grew its stake in ANNALY Cap Mgmt/SH by 19.8% in the 1st quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 7,364,800 shares of the real estate investment trust’s stock valued at $76,815,000 after purchasing an additional 1,214,900 shares during the period. Natixis grew its stake in ANNALY Cap Mgmt/SH by 129.6% in the 2nd quarter. Natixis now owns 1,841,389 shares of the real estate investment trust’s stock valued at $18,948,000 after purchasing an additional 1,039,393 shares during the period. Finally, BlackRock Inc. grew its stake in ANNALY Cap Mgmt/SH by 1.1% in the 2nd quarter. BlackRock Inc. now owns 97,930,510 shares of the real estate investment trust’s stock valued at $1,007,706,000 after purchasing an additional 1,018,396 shares during the period. Hedge funds and other institutional investors own 51.31% of the company’s stock.

NLY stock opened at $9.86 on Friday. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.23. The firm has a market cap of $12.45 billion, a PE ratio of 8.08 and a beta of 0.08. ANNALY Cap Mgmt/SH has a fifty-two week low of $9.81 and a fifty-two week high of $12.40.

ANNALY Cap Mgmt/SH (NYSE:NLY) last posted its quarterly earnings results on Wednesday, August 1st. The real estate investment trust reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.01. The company had revenue of $334.11 million during the quarter, compared to the consensus estimate of $330.95 million. ANNALY Cap Mgmt/SH had a return on equity of 12.10% and a net margin of 112.29%. During the same quarter in the prior year, the company earned $0.30 EPS. On average, equities analysts forecast that ANNALY Cap Mgmt/SH will post 1.19 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 31st. Stockholders of record on Friday, September 28th will be paid a dividend of $0.078 per share. The ex-dividend date is Thursday, September 27th. This represents a $0.31 annualized dividend and a dividend yield of 3.16%. ANNALY Cap Mgmt/SH’s payout ratio is 98.36%.

NLY has been the subject of several research reports. Zacks Investment Research downgraded ANNALY Cap Mgmt/SH from a “hold” rating to a “sell” rating in a research note on Monday, October 8th. JPMorgan Chase & Co. increased their price target on ANNALY Cap Mgmt/SH from $10.00 to $10.50 and gave the stock a “$10.45” rating in a research note on Monday, July 23rd. Finally, Barclays set a $11.00 price target on ANNALY Cap Mgmt/SH and gave the stock a “hold” rating in a research note on Tuesday, September 11th. Two research analysts have rated the stock with a sell rating and five have given a hold rating to the stock. ANNALY Cap Mgmt/SH currently has a consensus rating of “Hold” and an average price target of $10.88.

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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Institutional Ownership by Quarter for ANNALY Cap Mgmt/SH (NYSE:NLY)

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