GSA Capital Partners LLP Sells 31,237 Shares of Annaly Capital Management, Inc. (NYSE:NLY)

GSA Capital Partners LLP reduced its stake in Annaly Capital Management, Inc. (NYSE:NLY - Free Report) by 46.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 36,595 shares of the real estate investment trust's stock after selling 31,237 shares during the period. GSA Capital Partners LLP's holdings in Annaly Capital Management were worth $734,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC grew its stake in shares of Annaly Capital Management by 8.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 17,990,064 shares of the real estate investment trust's stock worth $361,061,000 after buying an additional 1,342,056 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of Annaly Capital Management by 1.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 4,092,118 shares of the real estate investment trust's stock worth $77,996,000 after buying an additional 41,069 shares in the last quarter. Van ECK Associates Corp grew its stake in shares of Annaly Capital Management by 19.2% in the 3rd quarter. Van ECK Associates Corp now owns 1,912,803 shares of the real estate investment trust's stock worth $37,395,000 after buying an additional 308,618 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of Annaly Capital Management by 2.6% in the 2nd quarter. Victory Capital Management Inc. now owns 1,864,655 shares of the real estate investment trust's stock worth $35,540,000 after buying an additional 47,116 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of Annaly Capital Management by 454.6% in the 1st quarter. Cetera Investment Advisers now owns 1,010,542 shares of the real estate investment trust's stock worth $19,898,000 after buying an additional 828,325 shares in the last quarter. 51.56% of the stock is currently owned by institutional investors.

Annaly Capital Management Stock Up 0.2 %

NLY traded up $0.03 on Monday, reaching $19.72. 5,327,289 shares of the company traded hands, compared to its average volume of 4,223,106. Annaly Capital Management, Inc. has a one year low of $17.23 and a one year high of $21.11. The firm has a fifty day simple moving average of $19.86 and a two-hundred day simple moving average of $19.85. The company has a market cap of $11.05 billion, a P/E ratio of -281.71 and a beta of 1.52.

Annaly Capital Management (NYSE:NLY - Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The real estate investment trust reported $0.66 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.01). Annaly Capital Management had a net margin of 2.59% and a return on equity of 14.75%. The business had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $212.00 million. During the same quarter in the prior year, the firm posted $0.66 EPS. On average, equities analysts forecast that Annaly Capital Management, Inc. will post 2.65 earnings per share for the current year.

Annaly Capital Management Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Monday, September 30th were issued a $0.65 dividend. The ex-dividend date was Monday, September 30th. This represents a $2.60 annualized dividend and a dividend yield of 13.18%. Annaly Capital Management's dividend payout ratio is currently -3,714.29%.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. JMP Securities reissued a "market perform" rating on shares of Annaly Capital Management in a research note on Wednesday, August 28th. Compass Point lifted their price target on shares of Annaly Capital Management from $22.00 to $23.50 and gave the stock a "buy" rating in a research note on Friday, July 26th. StockNews.com cut shares of Annaly Capital Management from a "buy" rating to a "hold" rating in a research note on Thursday, July 25th. Argus raised shares of Annaly Capital Management from a "hold" rating to a "buy" rating and set a $21.00 price target for the company in a research note on Thursday, October 31st. Finally, Wells Fargo & Company raised shares of Annaly Capital Management from an "equal weight" rating to an "overweight" rating and lifted their price target for the stock from $19.00 to $23.00 in a research note on Friday, September 20th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, Annaly Capital Management presently has an average rating of "Moderate Buy" and a consensus price target of $21.33.

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.