Cerity Partners LLC Has $208,000 Stock Holdings in Annaly Capital Management, Inc. (NYSE:NLY)

Cerity Partners LLC reduced its stake in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 44.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 10,743 shares of the real estate investment trust’s stock after selling 8,460 shares during the period. Cerity Partners LLC’s holdings in Annaly Capital Management were worth $208,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. DekaBank Deutsche Girozentrale raised its holdings in shares of Annaly Capital Management by 1.0% during the third quarter. DekaBank Deutsche Girozentrale now owns 69,997 shares of the real estate investment trust’s stock worth $1,310,000 after acquiring an additional 717 shares during the period. Fifth Third Bancorp raised its stake in shares of Annaly Capital Management by 37.9% in the 3rd quarter. Fifth Third Bancorp now owns 2,814 shares of the real estate investment trust’s stock valued at $53,000 after purchasing an additional 773 shares during the period. Daiwa Securities Group Inc. lifted its holdings in shares of Annaly Capital Management by 2.8% in the third quarter. Daiwa Securities Group Inc. now owns 29,145 shares of the real estate investment trust’s stock valued at $548,000 after purchasing an additional 800 shares in the last quarter. Bell Bank boosted its position in shares of Annaly Capital Management by 0.7% during the third quarter. Bell Bank now owns 113,786 shares of the real estate investment trust’s stock worth $2,140,000 after buying an additional 803 shares during the period. Finally, Treasurer of the State of North Carolina grew its holdings in shares of Annaly Capital Management by 0.4% during the third quarter. Treasurer of the State of North Carolina now owns 223,099 shares of the real estate investment trust’s stock worth $4,196,000 after buying an additional 840 shares in the last quarter. Institutional investors own 51.56% of the company’s stock.

Annaly Capital Management Stock Performance

Shares of NLY opened at $19.09 on Tuesday. The company has a debt-to-equity ratio of 1.58, a current ratio of 0.10 and a quick ratio of 1.22. The firm has a 50-day moving average of $19.11 and a 200-day moving average of $18.64. The company has a market cap of $9.55 billion, a PE ratio of -19.68 and a beta of 1.54. Annaly Capital Management, Inc. has a one year low of $14.52 and a one year high of $21.07.

Annaly Capital Management (NYSE:NLY) last announced its quarterly earnings results on Thursday, April 25th. The real estate investment trust reported $0.64 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.64. The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $320.00 million. Annaly Capital Management had a positive return on equity of 15.13% and a negative net margin of 8.38%. During the same quarter in the previous year, the business earned $0.81 earnings per share. As a group, equities analysts forecast that Annaly Capital Management, Inc. will post 2.54 earnings per share for the current year.

Annaly Capital Management Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Thursday, March 28th will be issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 13.62%. The ex-dividend date of this dividend is Wednesday, March 27th. Annaly Capital Management’s dividend payout ratio is -268.04%.

Insider Buying and Selling at Annaly Capital Management

In other news, CEO David L. Finkelstein sold 50,000 shares of the stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $19.03, for a total value of $951,500.00. Following the transaction, the chief executive officer now directly owns 662,469 shares of the company’s stock, valued at $12,606,785.07. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.21% of the company’s stock.

Wall Street Analysts Forecast Growth

NLY has been the topic of several research reports. Royal Bank of Canada restated an “outperform” rating and issued a $21.00 target price on shares of Annaly Capital Management in a research note on Monday, February 12th. Keefe, Bruyette & Woods restated an “outperform” rating and set a $21.50 target price on shares of Annaly Capital Management in a report on Wednesday, March 27th. Compass Point initiated coverage on shares of Annaly Capital Management in a research report on Tuesday, April 2nd. They issued a “buy” rating and a $22.00 target price for the company. JMP Securities reissued a “market perform” rating on shares of Annaly Capital Management in a research report on Thursday, April 18th. Finally, StockNews.com upgraded Annaly Capital Management from a “sell” rating to a “hold” rating in a report on Saturday, January 27th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $21.08.

Annaly Capital Management Company 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.