ANNALY CAP MGMT/SH (NLY) Shares Bought by TCI Wealth Advisors Inc.

TCI Wealth Advisors Inc. boosted its position in shares of ANNALY CAP MGMT/SH (NYSE:NLY) by 128.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,817 shares of the real estate investment trust’s stock after acquiring an additional 4,964 shares during the quarter. TCI Wealth Advisors Inc.’s holdings in ANNALY CAP MGMT/SH were worth $88,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE raised its position in shares of ANNALY CAP MGMT/SH by 126.7% during the 4th quarter. Bank of America Corp DE now owns 6,920,378 shares of the real estate investment trust’s stock worth $67,959,000 after acquiring an additional 3,868,272 shares in the last quarter. State Board of Administration of Florida Retirement System raised its position in shares of ANNALY CAP MGMT/SH by 9.2% during the 4th quarter. State Board of Administration of Florida Retirement System now owns 1,623,412 shares of the real estate investment trust’s stock worth $15,942,000 after acquiring an additional 136,403 shares in the last quarter. Prudential PLC raised its position in shares of ANNALY CAP MGMT/SH by 352.0% during the 4th quarter. Prudential PLC now owns 53,548 shares of the real estate investment trust’s stock worth $525,000 after acquiring an additional 41,700 shares in the last quarter. NuWave Investment Management LLC raised its position in shares of ANNALY CAP MGMT/SH by 234.5% during the 4th quarter. NuWave Investment Management LLC now owns 18,181 shares of the real estate investment trust’s stock worth $178,000 after acquiring an additional 12,745 shares in the last quarter. Finally, Riverstone Advisors LLC acquired a new stake in shares of ANNALY CAP MGMT/SH during the 4th quarter worth about $178,000. Institutional investors own 53.78% of the company’s stock.

Several equities research analysts have recently weighed in on the company. TheStreet lowered ANNALY CAP MGMT/SH from a “b-” rating to a “c” rating in a research report on Friday, February 15th. Barclays set a $11.00 target price on ANNALY CAP MGMT/SH and gave the stock a “buy” rating in a research report on Friday, February 15th. Nomura assumed coverage on ANNALY CAP MGMT/SH in a research report on Wednesday, March 27th. They set a “buy” rating and a $11.00 target price on the stock. Zacks Investment Research lowered ANNALY CAP MGMT/SH from a “hold” rating to a “sell” rating in a research report on Wednesday, January 23rd. Finally, Keefe, Bruyette & Woods raised ANNALY CAP MGMT/SH from a “market perform” rating to an “outperform” rating and lifted their price target for the stock from $10.00 to $10.50 in a research report on Sunday, January 13th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $10.83.

NLY traded up $0.02 during trading on Thursday, hitting $10.05. 7,032,883 shares of the stock were exchanged, compared to its average volume of 15,879,086. The firm has a market cap of $14.08 billion, a price-to-earnings ratio of 8.38 and a beta of 0.24. ANNALY CAP MGMT/SH has a 1-year low of $9.57 and a 1-year high of $10.78. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.27.

ANNALY CAP MGMT/SH (NYSE:NLY) last released its quarterly earnings results on Wednesday, February 13th. The real estate investment trust reported $0.29 EPS for the quarter, topping the consensus estimate of $0.28 by $0.01. The company had revenue of $272.90 million for the quarter, compared to analyst estimates of $383.65 million. ANNALY CAP MGMT/SH had a return on equity of 12.39% and a net margin of 1.98%. During the same quarter in the previous year, the company posted $0.31 earnings per share. Equities analysts expect that ANNALY CAP MGMT/SH will post 1.17 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Friday, March 29th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 11.94%. The ex-dividend date is Thursday, March 28th. ANNALY CAP MGMT/SH’s dividend payout ratio (DPR) is 100.00%.

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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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