ANNALY CAP MGMT/SH (NYSE:NLY) Short Interest Update

ANNALY CAP MGMT/SH (NYSE:NLY) was the recipient of a significant growth in short interest during the month of November. As of November 29th, there was short interest totalling 30,290,000 shares, a growth of 20.6% from the November 14th total of 25,110,000 shares. Currently, 2.1% of the company’s shares are short sold. Based on an average trading volume of 12,120,000 shares, the days-to-cover ratio is presently 2.5 days.

In other news, Director John H. Schaefer bought 10,000 shares of ANNALY CAP MGMT/SH stock in a transaction that occurred on Monday, November 25th. The shares were purchased at an average price of $9.21 per share, for a total transaction of $92,100.00. Following the completion of the acquisition, the director now owns 87,494 shares of the company’s stock, valued at $805,819.74. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.34% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently modified their holdings of the business. Marshall Wace LLP acquired a new position in shares of ANNALY CAP MGMT/SH during the first quarter worth about $30,000. Parallel Advisors LLC lifted its stake in shares of ANNALY CAP MGMT/SH by 135.0% during the third quarter. Parallel Advisors LLC now owns 3,863 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 2,219 shares in the last quarter. CSat Investment Advisory L.P. acquired a new position in shares of ANNALY CAP MGMT/SH during the second quarter worth about $35,000. Whittier Trust Co. acquired a new position in shares of ANNALY CAP MGMT/SH during the third quarter worth about $39,000. Finally, Marshall Wace North America L.P. acquired a new position in shares of ANNALY CAP MGMT/SH during the first quarter worth about $40,000. Institutional investors own 53.79% of the company’s stock.

A number of research analysts recently weighed in on NLY shares. UBS Group cut ANNALY CAP MGMT/SH from a “buy” rating to a “neutral” rating and reduced their target price for the company from $9.50 to $8.00 in a report on Tuesday, September 3rd. ValuEngine upgraded ANNALY CAP MGMT/SH from a “hold” rating to a “buy” rating in a report on Tuesday, December 3rd. Finally, Royal Bank of Canada started coverage on ANNALY CAP MGMT/SH in a report on Wednesday, October 2nd. They issued an “outperform” rating and a $10.00 target price on the stock. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $10.07.

ANNALY CAP MGMT/SH stock traded down $0.03 during midday trading on Thursday, reaching $9.35. The stock had a trading volume of 460,579 shares, compared to its average volume of 9,164,455. ANNALY CAP MGMT/SH has a twelve month low of $8.07 and a twelve month high of $10.51. The stock has a market capitalization of $13.43 billion, a PE ratio of 7.79 and a beta of 0.40. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.06 and a current ratio of 0.06. The stock’s 50-day simple moving average is $9.14 and its 200 day simple moving average is $9.02.

ANNALY CAP MGMT/SH (NYSE:NLY) last issued its quarterly earnings data on Wednesday, October 30th. The real estate investment trust reported $0.21 EPS for the quarter, missing the Zacks’ consensus estimate of $0.25 by ($0.04). The company had revenue of $152.39 million for the quarter, compared to analyst estimates of $449.05 million. ANNALY CAP MGMT/SH had a positive return on equity of 11.66% and a negative net margin of 188.46%. During the same quarter in the prior year, the firm earned $0.30 EPS. Equities analysts predict that ANNALY CAP MGMT/SH will post 0.99 earnings per share for the current fiscal year.

ANNALY CAP MGMT/SH Company Profile

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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