BNP Paribas Arbitrage SA Has $12.79 Million Position in ANNALY Cap Mgmt/SH (NLY)

BNP Paribas Arbitrage SA increased its holdings in ANNALY Cap Mgmt/SH (NYSE:NLY) by 37.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,225,778 shares of the real estate investment trust’s stock after purchasing an additional 331,075 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in ANNALY Cap Mgmt/SH were worth $12,785,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of NLY. Schroder Investment Management Group lifted its holdings in ANNALY Cap Mgmt/SH by 43.4% in the first quarter. Schroder Investment Management Group now owns 129,476 shares of the real estate investment trust’s stock valued at $1,350,000 after buying an additional 39,209 shares during the period. TCW Group Inc. acquired a new position in shares of ANNALY Cap Mgmt/SH during the first quarter valued at about $921,000. Great West Life Assurance Co. Can raised its holdings in shares of ANNALY Cap Mgmt/SH by 4.2% during the first quarter. Great West Life Assurance Co. Can now owns 4,045,215 shares of the real estate investment trust’s stock valued at $42,206,000 after purchasing an additional 164,016 shares during the period. Flinton Capital Management LLC raised its holdings in shares of ANNALY Cap Mgmt/SH by 326.2% during the first quarter. Flinton Capital Management LLC now owns 122,876 shares of the real estate investment trust’s stock valued at $1,282,000 after purchasing an additional 94,044 shares during the period. Finally, New York State Common Retirement Fund raised its holdings in shares of ANNALY Cap Mgmt/SH by 11.0% during the first quarter. New York State Common Retirement Fund now owns 2,885,200 shares of the real estate investment trust’s stock valued at $30,093,000 after purchasing an additional 285,900 shares during the period. 57.17% of the stock is currently owned by institutional investors.

NYSE:NLY opened at $10.43 on Friday. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.26. The stock has a market cap of $12.23 billion, a PE ratio of 8.55, a price-to-earnings-growth ratio of 7.35 and a beta of 0.02. ANNALY Cap Mgmt/SH has a one year low of $9.94 and a one year high of $12.73.

ANNALY Cap Mgmt/SH (NYSE:NLY) last posted its earnings results on Wednesday, May 2nd. The real estate investment trust reported $0.30 EPS for the quarter, hitting the consensus estimate of $0.30. The company had revenue of $512.07 million during the quarter, compared to the consensus estimate of $349.17 million. ANNALY Cap Mgmt/SH had a net margin of 99.62% and a return on equity of 11.85%. The firm’s revenue for the quarter was up 31.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.29 earnings per share. equities analysts predict that ANNALY Cap Mgmt/SH will post 1.18 earnings per share for the current fiscal year.

Several brokerages have recently weighed in on NLY. Keefe, Bruyette & Woods reiterated a “hold” rating on shares of ANNALY Cap Mgmt/SH in a report on Friday, February 16th. Bank of America upgraded shares of ANNALY Cap Mgmt/SH from an “underperform” rating to a “neutral” rating in a report on Thursday, February 1st. JPMorgan Chase & Co. dropped their price objective on shares of ANNALY Cap Mgmt/SH from $10.50 to $10.00 and set a “neutral” rating on the stock in a report on Tuesday, May 22nd. ValuEngine lowered shares of ANNALY Cap Mgmt/SH from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. Finally, Zacks Investment Research lowered shares of ANNALY Cap Mgmt/SH from a “hold” rating to a “sell” rating in a report on Wednesday, April 18th. Seven research analysts have rated the stock with a hold rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $11.31.

About ANNALY Cap Mgmt/SH

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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Institutional Ownership by Quarter for ANNALY Cap Mgmt/SH (NYSE:NLY)

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