Annaly Capital Management targets unusually high options trading (NYSE: NLY)


Annaly Capital Management, Inc. (NYSE: NLY – Get a rating) saw unusually large options trades on Monday. Equity investors bought 17,600 put options on the company. This represents an increase of approximately 51% over the average volume of 11,621 puts.

Insider Trading at Annaly Capital Management

In other news, CEO David L. Finkelstein bought 200,000 shares of the company in a transaction that took place on Friday, June 17. The shares were purchased at an average cost of $5.56 per share, for a total transaction of $1,112,000.00. Following the completion of the purchase, the CEO now owns 1,669,013 shares of the company, valued at $9,279,712.28. The acquisition was disclosed in a filing with the SEC, which is available via this hyperlink. Insiders own 0.31% of the shares of the company.

Hedge funds weigh on Annaly Capital Management

A number of institutional investors and hedge funds have been buying and selling shares of NLY recently. Riverview Trust Co acquired a new stake in Annaly Capital Management during Q1 valued at $25,000. Hardy Reed LLC purchased a new stake in Annaly Capital Management during Q1 for $27,000. Byrne Asset Management LLC purchased a new equity stake from Annaly Capital Management in Q4 for $31,000. CWM LLC bought a new position in shares of Annaly Capital Management in the 4th quarter for a value of approximately $31,000. Finally, SJS Investment Consulting Inc. bought a new position in Annaly Capital Management in the first quarter worth $30,000. Institutional investors hold 41.79% of the company’s shares.

Annaly Capital Management stock down 2.2%

Shares of Annaly Capital Management were down $0.15 on Monday, hitting $6.54. 1,007,708 shares were traded, against an average volume of 28,618,924. The company has a 50-day moving average price of $6.32 and a two-hundred-day moving average price of $6.67. The company has a market capitalization of $10.62 billion, a price-earnings ratio of 2.65, a PEG ratio of 1.24 and a beta of 1.16. Annaly Capital Management has a 12-month low of $5.45 and a 12-month high of $8.94.

Annaly Capital Management (NYSE: NLY – Get a rating) last reported quarterly earnings data on Wednesday, July 27. The real estate investment trust reported earnings per share of $0.30 for the quarter, beating consensus analyst estimates of $0.25 by $0.05. The company posted revenue of $475.14 million for the quarter, versus analyst estimates of $399.39 million. Annaly Capital Management achieved a return on equity of 16.72% and a net margin of 178.91%. The company’s revenue for the quarter was down 18.2% from the same quarter last year. In the same quarter of the previous year, the company achieved EPS of $0.30. Research analysts expect Annaly Capital Management to post EPS of 1.08 for the current year.

Annual Capital Management Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 29. Shareholders of record on Thursday, June 30 received a dividend of $0.22. This represents a dividend of $0.88 on an annualized basis and a dividend yield of 13.46%. The ex-dividend date was Wednesday, June 29. The payout ratio of Annaly Capital Management is 34.92%.

Analyst upgrades and downgrades

NLY has been the subject of several analyst reports. Keefe, Bruyette & Woods upgraded Annaly Capital Management from a “market performance” rating to an “outperform” rating and raised its price target for the company from $6.25 to $6.75 in a Wednesday, June 8 research report. Credit Suisse Group lowered its price target on shares of Annaly Capital Management to $6.50 in a Friday, July 22 report. Barclays cut its price target on shares of Annaly Capital Management from $8.00 to $7.00 in a Wednesday April 27 research note. Piper Sandler lowered her price target on shares of Annaly Capital Management from $6.50 to $6.00 and set a “neutral” rating on the stock in a Tuesday, June 28 report. Finally, JPMorgan Chase & Co. lowered its price target on Annaly Capital Management shares from $7.50 to $6.50 and set an “overweight” rating for the company in a Monday research report. April 25. Five investment analysts gave the stock a hold rating and two gave the stock a buy rating. According to, the company currently has a consensus rating of “Hold” and a consensus price target of $6.67.

About Annaly Capital Management

(Get a rating)

Annaly Capital Management, Inc, a diversified capital manager, engages in mortgage financing and middle market business lending. The Company invests in agency mortgage-backed securities, mortgage servicing rights, agency commercial mortgage-backed securities, non-agency residential mortgage assets, residential mortgages, transfer securities credit risk, corporate debt and other commercial real estate investments.

Recommended Stories

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Before you consider Annaly Capital Management, you’ll want to hear this.

MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes hold…and Annaly Capital Management was not on the list.

While Annaly Capital Management currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the five actions here


Comments are closed.