ANNALY CAP MGMT/SH (NYSE:NLY) Holdings Decreased by TCI Wealth Advisors Inc.

TCI Wealth Advisors Inc. reduced its stake in shares of ANNALY CAP MGMT/SH (NYSE:NLY) by 58.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,683 shares of the real estate investment trust’s stock after selling 5,134 shares during the quarter. TCI Wealth Advisors Inc.’s holdings in ANNALY CAP MGMT/SH were worth $34,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. BlackRock Inc. raised its position in ANNALY CAP MGMT/SH by 9.3% in the first quarter. BlackRock Inc. now owns 131,310,432 shares of the real estate investment trust’s stock worth $1,311,790,000 after acquiring an additional 11,181,594 shares in the last quarter. State Treasurer State of Michigan raised its position in ANNALY CAP MGMT/SH by 1.9% in the first quarter. State Treasurer State of Michigan now owns 28,107,190 shares of the real estate investment trust’s stock worth $280,791,000 after acquiring an additional 524,915 shares in the last quarter. Wells Fargo & Company MN raised its position in ANNALY CAP MGMT/SH by 134.6% in the first quarter. Wells Fargo & Company MN now owns 25,312,341 shares of the real estate investment trust’s stock worth $252,870,000 after acquiring an additional 14,521,988 shares in the last quarter. Geode Capital Management LLC raised its position in ANNALY CAP MGMT/SH by 16.7% in the fourth quarter. Geode Capital Management LLC now owns 18,578,022 shares of the real estate investment trust’s stock worth $182,534,000 after acquiring an additional 2,661,206 shares in the last quarter. Finally, Northern Trust Corp raised its position in ANNALY CAP MGMT/SH by 1.1% in the first quarter. Northern Trust Corp now owns 12,329,904 shares of the real estate investment trust’s stock worth $123,175,000 after acquiring an additional 138,645 shares in the last quarter. Institutional investors and hedge funds own 56.88% of the company’s stock.

NYSE NLY traded up $0.03 on Friday, hitting $9.42. 15,680,010 shares of the company were exchanged, compared to its average volume of 10,535,217. The company’s 50 day moving average price is $9.28. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.26. The company has a market cap of $13.91 billion, a price-to-earnings ratio of 7.85 and a beta of 0.39. ANNALY CAP MGMT/SH has a twelve month low of $8.74 and a twelve month high of $10.76.

ANNALY CAP MGMT/SH (NYSE:NLY) last posted its quarterly earnings data on Wednesday, July 31st. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.01). The company had revenue of $177.38 million for the quarter, compared to analyst estimates of $402.00 million. ANNALY CAP MGMT/SH had a positive return on equity of 12.14% and a negative net margin of 155.89%. During the same quarter in the previous year, the firm posted $0.30 EPS. Equities research analysts expect that ANNALY CAP MGMT/SH will post 1.05 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 31st. Shareholders of record on Friday, June 28th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $1.00 annualized dividend and a yield of 10.62%. ANNALY CAP MGMT/SH’s payout ratio is presently 100.00%.

In other ANNALY CAP MGMT/SH news, CEO Kevin Keyes bought 300,000 shares of the stock in a transaction on Monday, May 6th. The shares were bought at an average price of $9.62 per share, with a total value of $2,886,000.00. Following the purchase, the chief executive officer now directly owns 1,284,779 shares in the company, valued at approximately $12,359,573.98. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CIO David L. Finkelstein bought 100,000 shares of the stock in a transaction on Monday, May 13th. The shares were acquired at an average cost of $9.56 per share, for a total transaction of $956,000.00. Following the purchase, the executive now owns 400,000 shares in the company, valued at $3,824,000. The disclosure for this purchase can be found here. In the last 90 days, insiders have acquired 482,780 shares of company stock worth $4,629,037. Corporate insiders own 0.34% of the company’s stock.

NLY has been the topic of several research reports. ValuEngine cut shares of ANNALY CAP MGMT/SH from a “hold” rating to a “sell” rating in a research report on Thursday. Zacks Investment Research upgraded shares of ANNALY CAP MGMT/SH from a “hold” rating to a “strong-buy” rating and set a $12.00 price target on the stock in a research report on Wednesday, April 24th. UBS Group began coverage on shares of ANNALY CAP MGMT/SH in a research report on Friday, June 21st. They issued a “buy” rating and a $9.50 price target on the stock. Finally, JPMorgan Chase & Co. cut their price objective on ANNALY CAP MGMT/SH from $10.50 to $10.00 and set an “overweight” rating on the stock in a report on Wednesday, July 24th. One research analyst has rated the stock with a sell rating, five have given a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $10.67.

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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