Annaly Capital Management Inc (NLY) Shares Sold by Stifel Financial Corp

Stifel Financial Corp lowered its stake in shares of Annaly Capital Management Inc (NYSE:NLY) by 6.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,527,686 shares of the real estate investment trust’s stock after selling 99,524 shares during the quarter. Stifel Financial Corp owned about 0.13% of Annaly Capital Management worth $18,599,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Balentine LLC bought a new stake in Annaly Capital Management during the second quarter worth about $114,000. Advisory Services Network LLC boosted its stake in Annaly Capital Management by 9.0% during the second quarter. Advisory Services Network LLC now owns 9,757 shares of the real estate investment trust’s stock worth $118,000 after acquiring an additional 806 shares in the last quarter. Wellington Shields Capital Management LLC bought a new stake in Annaly Capital Management during the third quarter worth about $122,000. Signet Financial Management LLC bought a new stake in Annaly Capital Management during the second quarter worth about $126,000. Finally, Staley Capital Advisers Inc. bought a new stake in Annaly Capital Management during the third quarter worth about $126,000. Institutional investors own 54.45% of the company’s stock.

Several equities research analysts recently commented on the stock. Zacks Investment Research lowered shares of Annaly Capital Management from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. ValuEngine raised shares of Annaly Capital Management from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. Two research analysts have rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Annaly Capital Management presently has an average rating of “Hold” and a consensus target price of $11.77.

In other news, CEO Kevin Keyes bought 300,000 shares of the company’s stock in a transaction dated Monday, November 6th. The shares were purchased at an average price of $11.12 per share, for a total transaction of $3,336,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Donnell Segalas bought 9,800 shares of the company’s stock in a transaction dated Friday, November 10th. The stock was purchased at an average price of $11.34 per share, for a total transaction of $111,132.00. Following the purchase, the director now owns 102,450 shares of the company’s stock, valued at approximately $1,161,783. The disclosure for this purchase can be found here. In the last quarter, insiders bought 334,800 shares of company stock worth $3,740,382. Insiders own 0.43% of the company’s stock.

Shares of Annaly Capital Management Inc (NYSE NLY) traded down $0.02 during midday trading on Thursday, hitting $11.95. 7,629,000 shares of the stock traded hands, compared to its average volume of 8,503,839. The company has a market capitalization of $13,879.73, a P/E ratio of 9.89, a PEG ratio of 2.29 and a beta of 0.22. Annaly Capital Management Inc has a 52-week low of $9.83 and a 52-week high of $12.73. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.27.

Annaly Capital Management (NYSE:NLY) last issued its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.01. The firm had revenue of $353.61 million for the quarter, compared to the consensus estimate of $361.67 million. Annaly Capital Management had a net margin of 104.56% and a return on equity of 11.59%. The business’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.29 earnings per share. equities research analysts forecast that Annaly Capital Management Inc will post 1.2 earnings per share for the current year.

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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.

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

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