Alphasimplex Group LLC Purchases New Position in ANNALY CAP MGMT/SH (NYSE:NLY)

Alphasimplex Group LLC purchased a new position in ANNALY CAP MGMT/SH (NYSE:NLY) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 62,523 shares of the real estate investment trust’s stock, valued at approximately $625,000.

A number of other hedge funds also recently bought and sold shares of the stock. BlackRock Inc. increased its stake in ANNALY CAP MGMT/SH by 9.3% in the 1st quarter. BlackRock Inc. now owns 131,310,432 shares of the real estate investment trust’s stock worth $1,311,790,000 after buying an additional 11,181,594 shares during the period. Vanguard Group Inc increased its position in ANNALY CAP MGMT/SH by 11.9% during the 3rd quarter. Vanguard Group Inc now owns 110,696,881 shares of the real estate investment trust’s stock valued at $1,132,428,000 after purchasing an additional 11,751,750 shares during the period. FMR LLC increased its position in ANNALY CAP MGMT/SH by 3.6% during the 4th quarter. FMR LLC now owns 34,529,873 shares of the real estate investment trust’s stock valued at $339,083,000 after purchasing an additional 1,191,260 shares during the period. State Treasurer State of Michigan increased its position in ANNALY CAP MGMT/SH by 1.9% during the 1st quarter. State Treasurer State of Michigan now owns 28,107,190 shares of the real estate investment trust’s stock valued at $280,791,000 after purchasing an additional 524,915 shares during the period. Finally, Wells Fargo & Company MN increased its position in ANNALY CAP MGMT/SH by 134.6% during the 1st quarter. Wells Fargo & Company MN now owns 25,312,341 shares of the real estate investment trust’s stock valued at $252,870,000 after purchasing an additional 14,521,988 shares during the period. 57.24% of the stock is currently owned by institutional investors.

In other news, Director Thomas Edward Hamilton purchased 30,000 shares of the stock in a transaction dated Friday, May 17th. The shares were acquired at an average cost of $9.47 per share, for a total transaction of $284,100.00. Following the acquisition, the director now owns 130,000 shares of the company’s stock, valued at $1,231,100. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Kevin Keyes purchased 300,000 shares of the stock in a transaction dated Monday, May 6th. The stock was purchased at an average price of $9.62 per share, for a total transaction of $2,886,000.00. Following the completion of the acquisition, the chief executive officer now directly owns 1,284,779 shares in the company, valued at approximately $12,359,573.98. The disclosure for this purchase can be found here. Insiders bought a total of 482,780 shares of company stock worth $4,629,037 over the last 90 days. Company insiders own 0.34% of the company’s stock.

A number of research analysts have commented on NLY shares. Barclays set a $11.00 target price on shares of ANNALY CAP MGMT/SH and gave the company a “buy” rating in a research report on Friday, February 15th. Nomura started coverage on shares of 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 raised shares of ANNALY CAP MGMT/SH from a “hold” rating to a “strong-buy” rating and set a $12.00 target price on the stock in a research report on Wednesday, April 24th. ValuEngine downgraded shares of ANNALY CAP MGMT/SH from a “hold” rating to a “sell” rating in a research report on Tuesday, April 16th. Finally, TheStreet downgraded shares of ANNALY CAP MGMT/SH from a “b-” rating to a “c” rating in a research report on Friday, February 15th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $11.00.

NYSE NLY opened at $9.00 on Wednesday. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.26. The stock has a market cap of $13.11 billion, a price-to-earnings ratio of 7.50 and a beta of 0.36. ANNALY CAP MGMT/SH has a one year low of $8.74 and a one year high of $10.78.

ANNALY CAP MGMT/SH (NYSE:NLY) last posted its earnings results on Wednesday, May 1st. The real estate investment trust reported $0.29 EPS for the quarter, meeting analysts’ consensus estimates of $0.29. The business had revenue of $218.49 million for the quarter, compared to the consensus estimate of $435.12 million. ANNALY CAP MGMT/SH had a negative net margin of 77.68% and a positive return on equity of 12.34%. The company’s revenue for the quarter was down 57.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.30 EPS. On average, equities research analysts expect that ANNALY CAP MGMT/SH will post 1.06 EPS for the current year.

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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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Institutional Ownership by Quarter for ANNALY CAP MGMT/SH (NYSE:NLY)

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