Can Annaly Capital Management Inc (NLY) Stock Muster Up another Rally?

Lloyd Doyle
December 15, 2017

The firm owned 150,573 shares of the real estate investment trust's stock after selling 17,306 shares during the period. APG Asset Management N.V. now owns 26,906,060 shares of the real estate investment trust's stock worth $327,985,000 after acquiring an additional 11,082,900 shares during the last quarter. VANGUARD GROUP INC owned 7.34% of Annaly Capital Management, Inc. Fisher Asset Management LLC now owns 10,315 shares of the real estate investment trust's stock worth $115,000 after buying an additional 85 shares during the last quarter.

In other Annaly Capital Management news, Chairman Wellington Denahan bought 125,280 shares of Annaly Capital Management stock in a transaction on Thursday, December 7th. Also, the number of hedge funds holding Annaly Capital Management Inc in their top 10 stock positions was flat from 3 to 3 for the same number. Hedge funds and other institutional investors own 54.65% of the company's stock. The stock was bought at an average cost of $11.34 per share, with a total value of $111,132.00. Following the acquisition, the chairman now directly owns 1,798,414 shares in the company, valued at $21,527,015.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

A statistical measure of the dispersion of returns (volatility) for NLY producing salvation in Investors mouth, it has week volatility of 1.12% and for the month booked as 1.29%. The disclosure for this purchase can be found here. Insiders have acquired a total of 460,080 shares of company stock valued at $5,239,984 over the last three months.

It is common practice for investors to use the price-to-earnings ratio (P/E ratio or price multiple) to determine if a company's stock price is over or undervalued. Annaly Capital Management, Inc.'s beta is 0.27 whilst the stock has an average true range (ATR) of 0.16. 4,112,074 shares of the company's stock traded hands. Net profit margin of Annaly Capital Management, Inc. Its book value per share for the most recent quarter is $11.59 while its price to book ratio for the same period is 1.04, as for as the company's cash per share for the most recent quarter is $0.75, however its price to cash per share ratio for the same period is 16.06. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.03 and a quick ratio of 0.03. APG Asset Management N.V. lifted its holdings in shares of Annaly Capital Management by 70.0% in the 3rd quarter. They expect $0.29 EPS, down 3.33 % or $0.01 from last year's $0.3 per share. The business had revenue of $353.61 million during the quarter, compared to analysts' expectations of $361.67 million. Annaly Capital Management had a return on equity of 11.08% and a net margin of 113.76%. Last quarter, the company saw 709.56 million in total revenues.

According to analysts Annaly Capital Management Inc (NYSE:NLY)'s minimum EPS for the current quarter is at $0.27 and can go high up to $0.31.


Price targets show what analysts believes a stock will be worth at the end of a certain time period.

In other Annaly Capital Management news, Director Donnell Segalas purchased 9,800 shares of the company's stock in a transaction dated Friday, November 10th. ValuEngine downgraded shares of Annaly Capital Management from a "strong-buy" rating to a "buy" rating in a report on Thursday, October 26th.

General Motors Company was covered by a number of analysts recently, 0 rated the stock as Buy, 0 rated Outperform, 6 rated Hold, 1 gave an Underperform and 1 rated sell.

Flagship Harbor Advisors LLC increased its position in Annaly Capital Management Inc (NYSE:NLY) by 2.7% during the first quarter, according to its most recent Form 13F filing with the SEC. If you are reading this report on another publication, it was stolen and reposted in violation of United States and global trademark and copyright law. STATE STREET CORP also announced increased position in Annaly Capital Management, Inc.

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