Franklin Resources Inc. Has $2,646,000 Position in Annaly Capital Management, Inc. (NLY)

Franklin Resources Inc. decreased its position in Annaly Capital Management, Inc. (NYSE:NLY) by 16.9% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 265,375 shares of the company’s stock after selling 53,919 shares during the period. Franklin Resources Inc.’s holdings in Annaly Capital Management were worth $2,646,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. BlackRock Fund Advisors boosted its stake in shares of Annaly Capital Management by 17.0% in the third quarter. BlackRock Fund Advisors now owns 53,710,700 shares of the company’s stock worth $563,962,000 after buying an additional 7,820,982 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in shares of Annaly Capital Management by 9.0% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 28,135,676 shares of the company’s stock worth $295,425,000 after buying an additional 2,321,884 shares in the last quarter. State Street Corp boosted its stake in shares of Annaly Capital Management by 5.4% in the fourth quarter. State Street Corp now owns 26,602,450 shares of the company’s stock worth $265,233,000 after buying an additional 1,363,036 shares in the last quarter. APG Asset Management N.V. boosted its stake in shares of Annaly Capital Management by 50.8% in the third quarter. APG Asset Management N.V. now owns 12,474,210 shares of the company’s stock worth $130,979,000 after buying an additional 4,201,300 shares in the last quarter. Finally, Thompson Siegel & Walmsley LLC boosted its stake in shares of Annaly Capital Management by 47.1% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 9,841,910 shares of the company’s stock worth $98,123,000 after buying an additional 3,151,404 shares in the last quarter. Institutional investors own 53.74% of the company’s stock.

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

Annaly Capital Management, Inc. (NYSE:NLY) opened at 11.00 on Monday. The firm has a market capitalization of $11.21 billion, a price-to-earnings ratio of 7.91 and a beta of 0.19. Annaly Capital Management, Inc. has a 12-month low of $9.83 and a 12-month high of $11.29. The company’s 50 day moving average price is $10.71 and its 200-day moving average price is $10.39.

Annaly Capital Management (NYSE:NLY) last announced its quarterly earnings data on Wednesday, February 15th. The company reported $0.30 EPS for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.01. Annaly Capital Management had a return on equity of 10.78% and a net margin of 15.41%. During the same period in the previous year, the firm earned $0.33 earnings per share. On average, equities analysts anticipate that Annaly Capital Management, Inc. will post $1.17 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 28th. Shareholders of record on Friday, March 31st will be paid a $0.30 dividend. The ex-dividend date is Wednesday, March 29th. This represents a $1.20 dividend on an annualized basis and a yield of 10.91%. Annaly Capital Management’s dividend payout ratio (DPR) is presently 1,090.91%.

Your IP Address:

A number of equities research analysts have recently issued reports on NLY shares. Nomura reiterated a “buy” rating on shares of Annaly Capital Management in a research note on Thursday, February 16th. Zacks Investment Research upgraded Annaly Capital Management from a “hold” rating to a “buy” rating and set a $12.00 price objective on the stock in a research note on Tuesday, February 21st. Bank of America Corp cut Annaly Capital Management from a “neutral” rating to an “underperform” rating in a research note on Thursday, December 15th. TheStreet upgraded Annaly Capital Management from a “c” rating to a “b-” rating in a research note on Wednesday, February 15th. Finally, FBR & Co cut Annaly Capital Management from an “outperform” rating to a “market perform” rating and dropped their price objective for the stock from $12.00 to $10.00 in a research note on Tuesday, December 20th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $11.18.

About Annaly Capital Management

Annaly Capital Management, Inc (Annaly) is a mortgage real estate investment trust (REIT). The Company’s principal business objectives are to generate net income for distribution to its stockholders from its investments and capital preservation. Its portfolio also includes residential credit investments, such as credit risk transfer securities and non-agency mortgage-backed securities.

5 Day Chart for NYSE:NLY

Want to see what other hedge funds are holding NLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Annaly Capital Management, Inc. (NYSE:NLY).

This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/franklin-resources-inc-has-2646000-position-in-annaly-capital-management-inc-nly/1708688.html

Receive News & Ratings for Annaly Capital Management Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Annaly Capital Management Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *