GAMMA Investing LLC Invests $33,000 in Annaly Capital Management, Inc. (NYSE:NLY)

GAMMA Investing LLC acquired a new stake in shares of Annaly Capital Management, Inc. (NYSE:NLY) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,705 shares of the real estate investment trust’s stock, valued at approximately $33,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. DekaBank Deutsche Girozentrale lifted its holdings in Annaly Capital Management by 1.0% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 69,997 shares of the real estate investment trust’s stock valued at $1,310,000 after buying an additional 717 shares in the last quarter. Fifth Third Bancorp lifted its holdings in Annaly Capital Management by 37.9% during the 3rd quarter. Fifth Third Bancorp now owns 2,814 shares of the real estate investment trust’s stock valued at $53,000 after buying an additional 773 shares in the last quarter. Daiwa Securities Group Inc. lifted its holdings in Annaly Capital Management by 2.8% during the 3rd quarter. Daiwa Securities Group Inc. now owns 29,145 shares of the real estate investment trust’s stock valued at $548,000 after buying an additional 800 shares in the last quarter. Bell Bank lifted its holdings in Annaly Capital Management by 0.7% during the 3rd quarter. Bell Bank now owns 113,786 shares of the real estate investment trust’s stock valued at $2,140,000 after buying an additional 803 shares in the last quarter. Finally, Treasurer of the State of North Carolina lifted its holdings in Annaly Capital Management by 0.4% during the 3rd quarter. Treasurer of the State of North Carolina now owns 223,099 shares of the real estate investment trust’s stock valued at $4,196,000 after buying an additional 840 shares in the last quarter. Institutional investors own 51.56% of the company’s stock.

Insider Buying and Selling at Annaly Capital Management

In related news, CEO David L. Finkelstein sold 50,000 shares of the firm’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $19.03, for a total value of $951,500.00. Following the completion of the transaction, the chief executive officer now owns 662,469 shares in the company, valued at approximately $12,606,785.07. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.21% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. StockNews.com raised shares of Annaly Capital Management from a “sell” rating to a “hold” rating in a research report on Saturday, January 27th. JMP Securities restated a “market perform” rating on shares of Annaly Capital Management in a report on Thursday, April 18th. Compass Point started coverage on shares of Annaly Capital Management in a report on Tuesday, April 2nd. They issued a “buy” rating and a $22.00 price target for the company. Jonestrading restated a “buy” rating and issued a $21.00 price target on shares of Annaly Capital Management in a report on Thursday, April 25th. Finally, Keefe, Bruyette & Woods restated an “outperform” rating and issued a $21.50 price target on shares of Annaly Capital Management in a report on Wednesday, March 27th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Annaly Capital Management presently has an average rating of “Moderate Buy” and an average target price of $21.08.

Annaly Capital Management Stock Performance

Shares of NLY opened at $19.35 on Monday. Annaly Capital Management, Inc. has a 12 month low of $14.52 and a 12 month high of $21.07. The stock has a fifty day moving average price of $19.14 and a 200-day moving average price of $18.67. The company has a current ratio of 0.10, a quick ratio of 1.22 and a debt-to-equity ratio of 1.58. The firm has a market cap of $9.68 billion, a PE ratio of -19.95 and a beta of 1.54.

Annaly Capital Management (NYSE:NLY) last issued its quarterly earnings results on Thursday, April 25th. The real estate investment trust reported $0.64 earnings per share for the quarter, hitting the consensus estimate of $0.64. Annaly Capital Management had a positive return on equity of 15.13% and a negative net margin of 8.38%. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $320.00 million. During the same quarter last year, the company earned $0.81 earnings per share. Equities research analysts predict that Annaly Capital Management, Inc. will post 2.62 earnings per share for the current fiscal year.

Annaly Capital Management Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Thursday, March 28th were given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 13.44%. The ex-dividend date of this dividend was Wednesday, March 27th. Annaly Capital Management’s dividend payout ratio is presently -268.04%.

Annaly Capital Management Profile

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.