Telos Capital Management Inc. decreased its holdings in shares of ANNALY CAP MGMT/SH (NYSE:NLY) by 8.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,835 shares of the real estate investment trust’s stock after selling 1,500 shares during the quarter. Telos Capital Management Inc.’s holdings in ANNALY CAP MGMT/SH were worth $149,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also modified their holdings of the company. Premier Asset Management LLC grew its stake in ANNALY CAP MGMT/SH by 10.2% in the fourth quarter. Premier Asset Management LLC now owns 31,400 shares of the real estate investment trust’s stock valued at $296,000 after purchasing an additional 2,900 shares in the last quarter. Nwam LLC lifted its position in shares of ANNALY CAP MGMT/SH by 13.2% in the fourth quarter. Nwam LLC now owns 79,238 shares of the real estate investment trust’s stock worth $746,000 after buying an additional 9,215 shares during the last quarter. J.W. Cole Advisors Inc. acquired a new stake in shares of ANNALY CAP MGMT/SH in the fourth quarter worth about $1,174,000. Global Retirement Partners LLC lifted its position in shares of ANNALY CAP MGMT/SH by 50.2% in the fourth quarter. Global Retirement Partners LLC now owns 7,483 shares of the real estate investment trust’s stock worth $70,000 after buying an additional 2,500 shares during the last quarter. Finally, Norris Perne & French LLP MI acquired a new stake in shares of ANNALY CAP MGMT/SH in the fourth quarter worth about $105,000. Institutional investors and hedge funds own 53.76% of the company’s stock.
In other ANNALY CAP MGMT/SH news, Director John H. Schaefer acquired 10,000 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was acquired at an average price of $9.21 per share, with a total value of $92,100.00. Following the transaction, the director now owns 87,494 shares of the company’s stock, valued at $805,819.74. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.34% of the stock is currently owned by insiders.
ANNALY CAP MGMT/SH (NYSE:NLY) last posted its quarterly earnings data on Wednesday, October 30th. The real estate investment trust reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.04). ANNALY CAP MGMT/SH had a positive return on equity of 11.66% and a negative net margin of 188.46%. The business had revenue of $152.39 million for the quarter, compared to analyst estimates of $449.05 million. During the same period in the prior year, the firm posted $0.30 EPS. On average, research analysts expect that ANNALY CAP MGMT/SH will post 0.99 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, December 31st will be given a dividend of $0.25 per share. The ex-dividend date is Monday, December 30th. This represents a $1.00 annualized dividend and a dividend yield of 10.36%. ANNALY CAP MGMT/SH’s dividend payout ratio is presently 100.00%.
A number of analysts have weighed in on the company. Wells Fargo & Co assumed coverage on ANNALY CAP MGMT/SH in a research report on Thursday, December 19th. They issued an “equal weight” rating and a $9.00 price target for the company. Royal Bank of Canada assumed coverage on ANNALY CAP MGMT/SH in a research report on Wednesday, October 2nd. They issued an “outperform” rating and a $10.00 price target for the company. Finally, ValuEngine cut ANNALY CAP MGMT/SH from a “buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. ANNALY CAP MGMT/SH has an average rating of “Buy” and an average target price of $9.86.
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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