LS Investment Advisors LLC Has $363,000 Position in Annaly Capital Management, Inc. (NLY)

LS Investment Advisors LLC maintained its position in Annaly Capital Management, Inc. (NYSE:NLY) during the first quarter, Holdings Channel reports. The firm owned 32,713 shares of the real estate investment trust’s stock at the end of the first quarter. LS Investment Advisors LLC’s holdings in Annaly Capital Management were worth $363,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Dumont & Blake Investment Advisors LLC raised its position in Annaly Capital Management by 4.8% in the first quarter. Dumont & Blake Investment Advisors LLC now owns 38,456 shares of the real estate investment trust’s stock valued at $427,000 after buying an additional 1,775 shares in the last quarter. Meridian Investment Counsel Inc. raised its position in Annaly Capital Management by 0.3% in the first quarter. Meridian Investment Counsel Inc. now owns 173,625 shares of the real estate investment trust’s stock valued at $1,929,000 after buying an additional 450 shares in the last quarter. Comerica Bank raised its position in Annaly Capital Management by 13.9% in the first quarter. Comerica Bank now owns 104,449 shares of the real estate investment trust’s stock valued at $1,252,000 after buying an additional 12,743 shares in the last quarter. Brave Asset Management Inc. raised its position in Annaly Capital Management by 8.9% in the first quarter. Brave Asset Management Inc. now owns 189,928 shares of the real estate investment trust’s stock valued at $2,110,000 after buying an additional 15,498 shares in the last quarter. Finally, BNP Paribas Arbitrage SA raised its position in Annaly Capital Management by 33.2% in the first quarter. BNP Paribas Arbitrage SA now owns 885,710 shares of the real estate investment trust’s stock valued at $9,840,000 after buying an additional 220,591 shares in the last quarter. Institutional investors and hedge funds own 53.74% of the company’s stock.

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

Shares of Annaly Capital Management, Inc. (NYSE:NLY) traded up 0.743% during mid-day trading on Friday, reaching $11.525. 3,291,467 shares of the company traded hands. The company’s 50 day moving average is $11.50 and its 200 day moving average is $10.71. The stock has a market capitalization of $11.74 billion, a price-to-earnings ratio of 4.310 and a beta of 0.19. Annaly Capital Management, Inc. has a 52-week low of $9.83 and a 52-week high of $12.07.

Annaly Capital Management (NYSE:NLY) last released its earnings results on Wednesday, May 3rd. The real estate investment trust reported $0.29 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by $0.01. Annaly Capital Management had a return on equity of 10.78% and a net margin of 15.41%. The business had revenue of $389.30 million for the quarter, compared to analysts’ expectations of $424.77 million. During the same quarter last year, the company posted $0.30 earnings per share. On average, equities analysts forecast that Annaly Capital Management, Inc. will post $1.16 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, April 28th. Investors of record on Friday, March 31st were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, March 29th. This represents a $1.20 annualized dividend and a yield of 10.49%. Annaly Capital Management’s dividend payout ratio (DPR) is presently 1,090.91%.

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Several research analysts have recently commented on the company. Zacks Investment Research lowered Annaly Capital Management from a “hold” rating to a “sell” rating in a report on Monday, May 1st. Keefe, Bruyette & Woods set a $11.00 price target on Annaly Capital Management and gave the stock a “hold” rating in a report on Thursday, April 6th. Vetr lowered shares of Annaly Capital Management from a “buy” rating to a “hold” rating and set a $11.60 price objective on the stock. in a report on Tuesday, April 4th. Instinet boosted their price objective on shares of Annaly Capital Management from $11.00 to $12.00 and gave the company a “buy” rating in a report on Tuesday, March 28th. Finally, TheStreet upgraded shares of Annaly Capital Management from a “c” rating to a “b-” rating in a report on Wednesday, February 15th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. Annaly Capital Management currently has an average rating of “Hold” and a consensus price target of $11.21.

Annaly Capital Management Company Profile

Annaly Capital Management, Inc is a mortgage real estate investment trust (REIT). The Company owns a portfolio of real estate related investments. Its investment groups primarily consist of Agency, which invests primarily in various types of Agency mortgage-backed securities and related derivatives to hedge these investments; Residential credit, which invests primarily in non-Agency mortgage-backed assets within securitized products and residential mortgage loan markets; Commercial real estate, which originates and invests in commercial mortgage loans, securities, and other commercial real estate investments, and Middle market, which provides customized debt financing to middle-market businesses.

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).

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