Achmea Investment Management B.V. Sells 6,271 Shares of ANNALY Cap Mgmt/SH (NLY)

Achmea Investment Management B.V. lessened its position in ANNALY Cap Mgmt/SH (NYSE:NLY) by 1.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 548,732 shares of the real estate investment trust’s stock after selling 6,271 shares during the period. Achmea Investment Management B.V.’s holdings in ANNALY Cap Mgmt/SH were worth $5,611,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Amalgamated Bank increased its holdings in ANNALY Cap Mgmt/SH by 3.9% in the 2nd quarter. Amalgamated Bank now owns 130,804 shares of the real estate investment trust’s stock worth $1,346,000 after purchasing an additional 4,888 shares in the last quarter. BerganKDV Wealth Management LLC increased its holdings in ANNALY Cap Mgmt/SH by 3.4% in the 2nd quarter. BerganKDV Wealth Management LLC now owns 157,440 shares of the real estate investment trust’s stock worth $1,620,000 after purchasing an additional 5,220 shares in the last quarter. Squar Milner Financial Services LLC increased its holdings in ANNALY Cap Mgmt/SH by 7.6% in the 2nd quarter. Squar Milner Financial Services LLC now owns 76,413 shares of the real estate investment trust’s stock worth $786,000 after purchasing an additional 5,427 shares in the last quarter. Capital Investment Advisors LLC increased its holdings in ANNALY Cap Mgmt/SH by 2.8% in the 3rd quarter. Capital Investment Advisors LLC now owns 202,748 shares of the real estate investment trust’s stock worth $2,074,000 after purchasing an additional 5,508 shares in the last quarter. Finally, Twin Capital Management Inc. increased its holdings in ANNALY Cap Mgmt/SH by 2.9% in the 2nd quarter. Twin Capital Management Inc. now owns 201,450 shares of the real estate investment trust’s stock worth $2,073,000 after purchasing an additional 5,600 shares in the last quarter. 53.91% of the stock is owned by institutional investors and hedge funds.

NLY has been the subject of a number of recent research reports. TheStreet cut ANNALY Cap Mgmt/SH from a “b” rating to a “c+” rating in a report on Thursday, October 11th. Barclays set a $11.00 price target on ANNALY Cap Mgmt/SH and gave the company a “hold” rating in a research report on Tuesday, September 11th. Zacks Investment Research lowered ANNALY Cap Mgmt/SH from a “hold” rating to a “sell” rating in a research report on Tuesday, July 24th. Finally, JPMorgan Chase & Co. upped their price target on ANNALY Cap Mgmt/SH from $10.00 to $10.50 and gave the company a “$10.45” rating in a research report on Monday, July 23rd. Two investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. ANNALY Cap Mgmt/SH currently has a consensus rating of “Hold” and an average price target of $10.63.

NYSE NLY opened at $10.06 on Friday. ANNALY Cap Mgmt/SH has a 12 month low of $9.70 and a 12 month high of $12.37. The stock has a market capitalization of $13.07 billion, a price-to-earnings ratio of 8.25 and a beta of 0.13. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.02 and a current ratio of 0.10.

ANNALY Cap Mgmt/SH (NYSE:NLY) last released its quarterly earnings results on Wednesday, October 31st. The real estate investment trust reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.01. ANNALY Cap Mgmt/SH had a return on equity of 12.21% and a net margin of 105.40%. The firm had revenue of $315.62 million for the quarter, compared to analyst estimates of $398.00 million. During the same quarter in the previous year, the company posted $0.30 EPS. Equities research analysts expect that ANNALY Cap Mgmt/SH will post 1.19 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 31st. Shareholders of record on Friday, September 28th were given a $0.078 dividend. The ex-dividend date of this dividend was Thursday, September 27th. This represents a $0.31 dividend on an annualized basis and a dividend yield of 3.10%. ANNALY Cap Mgmt/SH’s dividend payout ratio (DPR) is presently 98.36%.

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

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