Vima LLC Grows Holdings in Annaly Capital Management, Inc. (NYSE:NLY)

Vima LLC lifted its position in shares of Annaly Capital Management, Inc. (NYSE:NLY) by 12.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 28,172 shares of the real estate investment trust’s stock after buying an additional 3,212 shares during the quarter. Annaly Capital Management makes up 1.2% of Vima LLC’s investment portfolio, making the stock its 28th largest position. Vima LLC’s holdings in Annaly Capital Management were worth $537,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of NLY. Core Wealth Advisors Inc. boosted its stake in Annaly Capital Management by 222.2% in the 4th quarter. Core Wealth Advisors Inc. now owns 1,450 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 1,000 shares during the last quarter. Rise Advisors LLC purchased a new position in shares of Annaly Capital Management during the 1st quarter worth about $29,000. Register Financial Advisors LLC acquired a new stake in shares of Annaly Capital Management in the first quarter worth approximately $37,000. EverSource Wealth Advisors LLC grew its holdings in Annaly Capital Management by 107.5% in the first quarter. EverSource Wealth Advisors LLC now owns 2,077 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 1,076 shares during the period. Finally, MCF Advisors LLC purchased a new stake in Annaly Capital Management in the first quarter valued at approximately $44,000. Institutional investors and hedge funds own 51.56% of the company’s stock.

Annaly Capital Management Stock Performance

Shares of NYSE:NLY opened at $20.44 on Friday. The business’s 50-day simple moving average is $20.00 and its 200 day simple moving average is $19.63. The company has a market cap of $10.24 billion, a P/E ratio of -21.07 and a beta of 1.52. Annaly Capital Management, Inc. has a one year low of $14.52 and a one year high of $21.07.

Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings data on Wednesday, July 24th. The real estate investment trust reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.02. The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $318.00 million. Annaly Capital Management had a negative net margin of 12.02% and a positive return on equity of 15.24%. During the same quarter last year, the firm posted $0.72 earnings per share. Analysts predict that Annaly Capital Management, Inc. will post 2.67 earnings per share for the current year.

Annaly Capital Management Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Monday, September 30th will be given a $0.65 dividend. The ex-dividend date is Monday, September 30th. This represents a $2.60 dividend on an annualized basis and a yield of 12.72%. Annaly Capital Management’s payout ratio is currently -268.04%.

Insider Activity

In other news, CEO David L. Finkelstein sold 50,000 shares of Annaly Capital Management stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $20.05, for a total transaction of $1,002,500.00. Following the sale, the chief executive officer now directly owns 612,469 shares of the company’s stock, valued at $12,280,003.45. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.21% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. StockNews.com lowered shares of Annaly Capital Management from a “buy” rating to a “hold” rating in a report on Thursday, July 25th. JMP Securities reiterated a “market perform” rating on shares of Annaly Capital Management in a report on Wednesday, August 28th. JPMorgan Chase & Co. upped their price target on Annaly Capital Management from $20.00 to $21.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 16th. Compass Point lifted their price objective on Annaly Capital Management from $22.00 to $23.50 and gave the company a “buy” rating in a research note on Friday, July 26th. Finally, Janney Montgomery Scott initiated coverage on Annaly Capital Management in a report on Thursday, June 6th. They set a “buy” rating and a $21.00 target price for the company. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, Annaly Capital Management has a consensus rating of “Moderate Buy” and a consensus price target of $21.14.

Annaly Capital Management 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.