Nomura Holdings Inc. Has $610,000 Holdings in Annaly Capital Management Inc $NLY

Key Points

• Nomura Holdings Inc significantly reduced its stake in Annaly Capital Management by 95.9% during the first quarter, owning only 30,037 shares after selling 703,859 shares.
• Numerous large investors, including Vanguard Group Inc and Wellington Management Group LLP, have recently increased their stakes in Annaly Capital Management, indicating ongoing interest in the stock.
• Analysts have mixed ratings on Annaly Capital Management, with a consensus rating of "Moderate Buy" and a price target averaging around $20.83, following several adjustments from different firms.

Nomura Holdings Inc. decreased its holdings in shares of Annaly Capital Management Inc (NYSE:NLY - Free Report) by 95.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,037 shares of the real estate investment trust's stock after selling 703,859 shares during the period. Nomura Holdings Inc.'s holdings in Annaly Capital Management were worth $610,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Inlight Wealth Management LLC bought a new position in shares of Annaly Capital Management during the 1st quarter worth approximately $25,000. Financial Gravity Asset Management Inc. acquired a new position in Annaly Capital Management during the first quarter worth $28,000. Twin Tree Management LP bought a new position in shares of Annaly Capital Management during the first quarter valued at $29,000. MCF Advisors LLC boosted its stake in shares of Annaly Capital Management by 1,087.1% in the 1st quarter. MCF Advisors LLC now owns 1,745 shares of the real estate investment trust's stock valued at $37,000 after purchasing an additional 1,598 shares in the last quarter. Finally, Smallwood Wealth Investment Management LLC bought a new stake in shares of Annaly Capital Management in the 1st quarter worth about $36,000. 51.56% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Jones Trading reissued a "buy" rating and set a $21.00 price target on shares of Annaly Capital Management in a report on Thursday, July 24th. Keefe, Bruyette & Woods boosted their target price on Annaly Capital Management from $20.50 to $21.50 and gave the stock an "outperform" rating in a report on Friday, July 25th. UBS Group lifted their price objective on Annaly Capital Management from $20.00 to $21.00 and gave the company a "neutral" rating in a research report on Wednesday. Zacks Research cut Annaly Capital Management from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Finally, Royal Bank Of Canada cut their price target on Annaly Capital Management from $22.00 to $21.00 and set an "outperform" rating for the company in a report on Tuesday, May 27th. Seven analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $20.83.

Annaly Capital Management Trading Up 1.2%

NYSE:NLY traded up $0.26 during trading hours on Friday, hitting $22.06. 8,141,360 shares of the stock were exchanged, compared to its average volume of 5,865,447. The company has a market capitalization of $14.16 billion, a P/E ratio of 21.84, a price-to-earnings-growth ratio of 5.24 and a beta of 1.24. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.21. The company's 50 day moving average is $20.43 and its two-hundred day moving average is $19.97. Annaly Capital Management Inc has a twelve month low of $16.59 and a twelve month high of $22.18.

Annaly Capital Management (NYSE:NLY - Get Free Report) last released its earnings results on Wednesday, July 23rd. The real estate investment trust reported $0.73 EPS for the quarter, beating the consensus estimate of $0.72 by $0.01. Annaly Capital Management had a return on equity of 15.53% and a net margin of 13.76%.The company had revenue of $273.20 million during the quarter, compared to analysts' expectations of $237.00 million. On average, sell-side analysts anticipate that Annaly Capital Management Inc will post 2.81 earnings per share for the current fiscal year.

About Annaly Capital Management

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.