Jump Financial LLC Acquires New Position in Annaly Capital Management Inc $NLY

Jump Financial LLC purchased a new position in Annaly Capital Management Inc (NYSE:NLY - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 16,505 shares of the real estate investment trust's stock, valued at approximately $335,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NLY. Vanguard Group Inc. boosted its position in shares of Annaly Capital Management by 3.0% during the 1st quarter. Vanguard Group Inc. now owns 56,356,579 shares of the real estate investment trust's stock worth $1,144,602,000 after acquiring an additional 1,634,883 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Annaly Capital Management by 18.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,711,288 shares of the real estate investment trust's stock worth $86,217,000 after buying an additional 730,207 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Annaly Capital Management by 1.6% in the 1st quarter. Bank of New York Mellon Corp now owns 4,105,471 shares of the real estate investment trust's stock valued at $83,382,000 after buying an additional 64,513 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Annaly Capital Management by 5.4% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,808,767 shares of the real estate investment trust's stock valued at $77,356,000 after buying an additional 196,489 shares during the last quarter. Finally, Invesco Ltd. raised its stake in Annaly Capital Management by 3.4% during the 1st quarter. Invesco Ltd. now owns 2,445,123 shares of the real estate investment trust's stock worth $49,660,000 after acquiring an additional 80,738 shares in the last quarter. Institutional investors and hedge funds own 51.56% of the company's stock.

Annaly Capital Management Stock Performance

Shares of NYSE NLY traded up $0.26 during mid-day trading on Friday, hitting $22.06. 8,141,360 shares of the company were exchanged, compared to its average volume of 5,865,447. The stock has a 50 day simple moving average of $20.43 and a 200-day simple moving average of $19.98. Annaly Capital Management Inc has a 1-year low of $16.59 and a 1-year high of $22.18. 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 firm has a market cap of $14.16 billion, a price-to-earnings ratio of 21.84, a price-to-earnings-growth ratio of 5.17 and a beta of 1.24.

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

Wall Street Analyst Weigh In

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

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.