State of Wisconsin Investment Board raised its position in shares of ANNALY CAP MGMT/SH (NYSE:NLY) by 9.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,510,713 shares of the real estate investment trust’s stock after purchasing an additional 124,767 shares during the period. State of Wisconsin Investment Board’s holdings in ANNALY CAP MGMT/SH were worth $15,092,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. BlackRock Inc. boosted its stake in ANNALY CAP MGMT/SH by 9.3% during the 1st quarter. BlackRock Inc. now owns 131,310,432 shares of the real estate investment trust’s stock valued at $1,311,790,000 after purchasing an additional 11,181,594 shares during the period. Vanguard Group Inc boosted its stake in ANNALY CAP MGMT/SH by 11.9% during the 3rd quarter. Vanguard Group Inc now owns 110,696,881 shares of the real estate investment trust’s stock valued at $1,132,428,000 after purchasing an additional 11,751,750 shares during the period. FMR LLC boosted its stake in ANNALY CAP MGMT/SH by 3.6% during the 4th quarter. FMR LLC now owns 34,529,873 shares of the real estate investment trust’s stock valued at $339,083,000 after purchasing an additional 1,191,260 shares during the period. State Treasurer State of Michigan boosted its stake in ANNALY CAP MGMT/SH by 1.9% during the 1st quarter. State Treasurer State of Michigan now owns 28,107,190 shares of the real estate investment trust’s stock valued at $280,791,000 after purchasing an additional 524,915 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in ANNALY CAP MGMT/SH by 134.6% during the 1st quarter. Wells Fargo & Company MN now owns 25,312,341 shares of the real estate investment trust’s stock valued at $252,870,000 after purchasing an additional 14,521,988 shares during the period. 57.24% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE:NLY traded up $0.04 during trading on Wednesday, reaching $9.04. The company had a trading volume of 111,625 shares, compared to its average volume of 15,886,193. The firm has a market cap of $13.16 billion, a P/E ratio of 7.54 and a beta of 0.36. ANNALY CAP MGMT/SH has a twelve month low of $8.74 and a twelve month high of $10.78. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.26.

ANNALY CAP MGMT/SH (NYSE:NLY) last issued its quarterly earnings results on Wednesday, May 1st. The real estate investment trust reported $0.29 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.29. The company had revenue of $218.49 million during the quarter, compared to analyst estimates of $435.12 million. ANNALY CAP MGMT/SH had a negative net margin of 77.68% and a positive return on equity of 12.34%. The business’s revenue for the quarter was down 57.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.30 EPS. Equities research analysts forecast that ANNALY CAP MGMT/SH will post 1.06 EPS for the current year.

In related news, insider Anthony C. Green purchased 50,000 shares of ANNALY CAP MGMT/SH stock in a transaction dated Tuesday, May 14th. The stock was bought at an average cost of $9.56 per share, with a total value of $478,000.00. Following the purchase, the insider now owns 151,000 shares in the company, valued at approximately $1,443,560. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Kevin Keyes purchased 300,000 shares of ANNALY CAP MGMT/SH stock in a transaction dated Monday, May 6th. The stock was bought at an average cost of $9.62 per share, with a total value of $2,886,000.00. Following the completion of the purchase, the chief executive officer now owns 1,284,779 shares in the company, valued at approximately $12,359,573.98. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 482,780 shares of company stock valued at $4,629,037. Company insiders own 0.34% of the company’s stock.

A number of research firms have issued reports on NLY. Nomura began coverage on shares of ANNALY CAP MGMT/SH in a research note on Wednesday, March 27th. They set a “buy” rating and a $11.00 target price for the company. ValuEngine lowered shares of ANNALY CAP MGMT/SH from a “hold” rating to a “sell” rating in a research note on Tuesday, April 16th. Zacks Investment Research raised shares of ANNALY CAP MGMT/SH from a “hold” rating to a “strong-buy” rating and set a $12.00 target price for the company in a research note on Wednesday, April 24th. Barclays set a $11.00 target price on shares of ANNALY CAP MGMT/SH and gave the company a “buy” rating in a research note on Friday, February 15th. Finally, TheStreet lowered shares of ANNALY CAP MGMT/SH from a “b-” rating to a “c” rating in a research note on Friday, February 15th. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $11.00.

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About ANNALY CAP MGMT/SH

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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