Annaly Capital Management Inc $NLY Shares Bought by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in shares of Annaly Capital Management Inc (NYSE:NLY) by 12.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 155,465 shares of the real estate investment trust’s stock after purchasing an additional 17,214 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Annaly Capital Management were worth $2,926,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Twin Tree Management LP purchased a new position in Annaly Capital Management during the first quarter worth about $29,000. MCF Advisors LLC grew its holdings in Annaly Capital Management by 1,087.1% in the 1st quarter. MCF Advisors LLC now owns 1,745 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 1,598 shares during the period. Assetmark Inc. increased its stake in shares of Annaly Capital Management by 97.5% during the 2nd quarter. Assetmark Inc. now owns 2,411 shares of the real estate investment trust’s stock valued at $45,000 after acquiring an additional 1,190 shares during the last quarter. Bogart Wealth LLC lifted its holdings in shares of Annaly Capital Management by 416.7% during the 2nd quarter. Bogart Wealth LLC now owns 2,480 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 2,000 shares during the period. Finally, Quarry LP lifted its holdings in shares of Annaly Capital Management by 105.9% during the 1st quarter. Quarry LP now owns 2,496 shares of the real estate investment trust’s stock worth $51,000 after acquiring an additional 1,284 shares during the period. Hedge funds and other institutional investors own 51.56% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on NLY shares. Zacks Research lowered shares of Annaly Capital Management from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Jones Trading reissued a “buy” rating and set a $22.00 price objective on shares of Annaly Capital Management in a research note on Thursday, October 23rd. Keefe, Bruyette & Woods upped their price objective on Annaly Capital Management from $20.50 to $21.50 and gave the stock an “outperform” rating in a report on Friday, July 25th. JPMorgan Chase & Co. lifted their target price on Annaly Capital Management from $21.00 to $22.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Finally, Barclays set a $20.00 price target on Annaly Capital Management and gave the company a “cautious” rating in a research report on Monday, October 6th. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Annaly Capital Management has a consensus rating of “Hold” and an average price target of $21.71.

Annaly Capital Management Stock Performance

Shares of NLY stock opened at $21.62 on Thursday. The company has a current ratio of 0.09, a quick ratio of 0.11 and a debt-to-equity ratio of 0.19. The company has a market cap of $14.76 billion, a PE ratio of 10.01, a P/E/G ratio of 6.47 and a beta of 1.27. The company’s fifty day simple moving average is $21.19 and its 200-day simple moving average is $20.39. Annaly Capital Management Inc has a 52 week low of $16.59 and a 52 week high of $22.45.

Annaly Capital Management (NYSE:NLY) last announced its quarterly earnings results on Wednesday, October 22nd. The real estate investment trust reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.01. Annaly Capital Management had a net margin of 26.68% and a return on equity of 15.96%. The firm had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $493.55 million. As a group, equities research analysts anticipate that Annaly Capital Management Inc will post 2.81 EPS for the current year.

Annaly Capital Management Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th were issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 13.0%. The ex-dividend date was Tuesday, September 30th. Annaly Capital Management’s dividend payout ratio is currently 129.63%.

About Annaly Capital Management

Annaly Capital Management, Inc, a diversified capital manager, engages in mortgage finance. The company invests in agency mortgage-backed securities collateralized by residential mortgages; non-agency residential whole loans and securitized products within the residential and commercial markets; mortgage servicing rights; agency commercial mortgage-backed securities; to-be-announced forward contracts; residential mortgage loans; and agency or private label credit risk transfer securities.