ANNALY CAP MGMT/SH (NLY) Shares Bought by Assetmark Inc.

Assetmark Inc. raised its stake in ANNALY CAP MGMT/SH (NYSE:NLY) by 6.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,008,263 shares of the real estate investment trust’s stock after acquiring an additional 65,118 shares during the quarter. Assetmark Inc.’s holdings in ANNALY CAP MGMT/SH were worth $10,315,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NLY. State Treasurer State of Michigan purchased a new position in ANNALY CAP MGMT/SH in the third quarter valued at about $282,167,000. BlackRock Inc. boosted its stake in ANNALY CAP MGMT/SH by 8.9% in the third quarter. BlackRock Inc. now owns 106,656,075 shares of the real estate investment trust’s stock valued at $1,091,092,000 after acquiring an additional 8,725,565 shares during the last quarter. FMR LLC boosted its stake in ANNALY CAP MGMT/SH by 26.0% in the third quarter. FMR LLC now owns 33,338,613 shares of the real estate investment trust’s stock valued at $341,054,000 after acquiring an additional 6,875,852 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in ANNALY CAP MGMT/SH in the third quarter valued at about $30,933,000. Finally, Skandinaviska Enskilda Banken AB publ boosted its stake in ANNALY CAP MGMT/SH by 17.8% in the third quarter. Skandinaviska Enskilda Banken AB publ now owns 19,149,962 shares of the real estate investment trust’s stock valued at $195,904,000 after acquiring an additional 2,890,260 shares during the last quarter. Hedge funds and other institutional investors own 55.66% of the company’s stock.

A number of research analysts have weighed in on NLY shares. Zacks Investment Research upgraded shares of ANNALY CAP MGMT/SH from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a research note on Tuesday, August 21st. Barclays set a $11.00 target price on shares of ANNALY CAP MGMT/SH and gave the company a “hold” rating in a research note on Tuesday, September 11th. Finally, TheStreet cut shares of ANNALY CAP MGMT/SH from a “b” rating to a “c+” rating in a research note on Thursday, October 11th. Two research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. ANNALY CAP MGMT/SH presently has a consensus rating of “Hold” and an average price target of $10.63.

NLY opened at $10.16 on Friday. The stock has a market capitalization of $13.18 billion, a price-to-earnings ratio of 8.33 and a beta of 0.19. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.10 and a current ratio of 0.10. ANNALY CAP MGMT/SH has a twelve month low of $9.70 and a twelve month high of $12.37.

ANNALY CAP MGMT/SH (NYSE:NLY) last announced its quarterly earnings results on Wednesday, October 31st. The real estate investment trust reported $0.30 EPS for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.01. The company had revenue of $315.62 million for the quarter, compared to analysts’ expectations of $398.00 million. ANNALY CAP MGMT/SH had a net margin of 105.40% and a return on equity of 12.21%. During the same period in the prior year, the company posted $0.30 EPS. As a group, research analysts anticipate that ANNALY CAP MGMT/SH will post 1.19 earnings per share for the current fiscal year.

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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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