Annaly Capital Management Inc $NLY Shares Sold by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC cut its stake in Annaly Capital Management Inc (NYSE:NLY) by 20.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,215 shares of the real estate investment trust’s stock after selling 3,930 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Annaly Capital Management were worth $286,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Diversified Trust Co purchased a new position in shares of Annaly Capital Management in the first quarter valued at approximately $466,000. Bessemer Group Inc. raised its stake in Annaly Capital Management by 11.7% in the 1st quarter. Bessemer Group Inc. now owns 7,731 shares of the real estate investment trust’s stock valued at $157,000 after purchasing an additional 811 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Annaly Capital Management by 5.4% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,808,767 shares of the real estate investment trust’s stock valued at $77,356,000 after purchasing an additional 196,489 shares in the last quarter. Wealthstar Advisors LLC acquired a new stake in Annaly Capital Management during the 1st quarter worth $593,000. Finally, Asset Management One Co. Ltd. grew its holdings in shares of Annaly Capital Management by 6.6% during the first quarter. Asset Management One Co. Ltd. now owns 223,954 shares of the real estate investment trust’s stock worth $4,549,000 after buying an additional 13,835 shares in the last quarter. 51.56% of the stock is currently owned by hedge funds and other institutional investors.

Annaly Capital Management Stock Up 0.3%

Shares of NYSE NLY opened at $20.96 on Friday. The company has a market capitalization of $13.46 billion, a P/E ratio of 9.70, a P/E/G ratio of 4.96 and a beta of 1.25. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.09 and a quick ratio of 0.11. The company has a 50 day simple moving average of $21.13 and a 200-day simple moving average of $20.01. Annaly Capital Management Inc has a 1 year low of $16.59 and a 1 year high of $22.45.

Annaly Capital Management (NYSE:NLY) last issued its quarterly earnings data on Wednesday, October 22nd. The real estate investment trust reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.01. Annaly Capital Management had a return on equity of 15.96% and a net margin of 26.68%.The company had revenue of $885.58 million during the quarter, compared to analyst estimates of $493.55 million. On average, equities research analysts predict that Annaly Capital Management Inc will post 2.81 earnings per share for the current year.

Annaly Capital Management Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, September 30th will be given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 13.4%. The ex-dividend date of this dividend is Tuesday, September 30th. Annaly Capital Management’s dividend payout ratio (DPR) is presently 129.63%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on NLY. Barclays set a $20.00 price target on shares of Annaly Capital Management and gave the stock a “cautious” rating in a research note on Monday, October 6th. Zacks Research lowered shares of Annaly Capital Management from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Jones Trading restated a “buy” rating and issued a $22.00 price target on shares of Annaly Capital Management in a research report on Thursday. Weiss Ratings reiterated a “hold (c)” rating on shares of Annaly Capital Management in a research report on Friday. Finally, JPMorgan Chase & Co. boosted their price objective on Annaly Capital Management from $21.00 to $22.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Six analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Annaly Capital Management has an average rating of “Hold” and an average price target of $21.63.

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.