Annaly Capital Management INC (NLY) Shareholder Penn Mutual Life Insurance Company Has Lifted Its Position by $10.43 Million as Share Price Rose

June 15, 2018 - By reb123z

Annaly Capital Management, Inc. (NYSE:NLY) LogoInvestors sentiment decreased to 1.11 in 2018 Q1. Its down 0.34, from 1.45 in 2017Q4. It dived, as 53 investors sold NLY shares while 139 reduced holdings. 63 funds opened positions while 150 raised stakes. 615.80 million shares or 3.37% less from 637.26 million shares in 2017Q4 were reported. Clearbridge Invests Ltd Llc holds 0.01% of its portfolio in Annaly Capital Management, Inc. (NYSE:NLY) for 1.23M shares. Pennsylvania-based Penn Mutual Life Insur has invested 11.43% in Annaly Capital Management, Inc. (NYSE:NLY). 6,747 are owned by Advisory Networks Ltd Com. Country Club Trust Na invested in 19,570 shares or 0.02% of the stock. Moreover, Wall Street Access Asset Ltd Liability Company has 0.76% invested in Annaly Capital Management, Inc. (NYSE:NLY). Sumitomo Mitsui Holdings has 3.92M shares. 10,300 were reported by Summit Secs Gru Ltd Limited Liability Company. Macquarie Group Ltd owns 291,020 shares. Citadel Advisors Ltd Liability Com has 0% invested in Annaly Capital Management, Inc. (NYSE:NLY) for 77,350 shares. Smithfield Tru stated it has 9,300 shares. Denali Advsr Ltd holds 0.08% or 47,500 shares. Commonwealth Bankshares Of has 269,033 shares for 0.03% of their portfolio. Amalgamated Fincl Bank has invested 0.03% in Annaly Capital Management, Inc. (NYSE:NLY). Narwhal Cap invested 0.37% of its portfolio in Annaly Capital Management, Inc. (NYSE:NLY). Twin Capital Mngmt owns 195,850 shares.

Penn Mutual Life Insurance Company increased its stake in Annaly Capital Management Inc (NLY) by 215.94% based on its latest 2018Q1 regulatory filing with the SEC. Penn Mutual Life Insurance Company bought 1.04 million shares as the company’s stock rose 0.48% while stock markets declined. The institutional investor held 1.53M shares of the real estate investment trusts company at the end of 2018Q1, valued at $15.91M, up from 483,000 at the end of the previous reported quarter. Penn Mutual Life Insurance Company who had been investing in Annaly Capital Management Inc for a number of months, seems to be bullish on the $12.15B market cap company. The stock decreased 0.38% or $0.04 during the last trading session, reaching $10.48. About 14.12 million shares traded or 79.87% up from the average. Annaly Capital Management, Inc. (NYSE:NLY) has declined 11.28% since June 15, 2017 and is downtrending. It has underperformed by 23.85% the S&P500.

More recent Annaly Capital Management, Inc. (NYSE:NLY) news were published by: Twst.com which released: “Annaly Capital Management Inc.: Annaly Capital Management, Inc. Extends Exchange Offer to Acquire MTGE …” on June 15, 2018. Also Seekingalpha.com published the news titled: “The Dinosaur Brings You 4 Preferred Shares” on May 24, 2018. Streetinsider.com‘s news article titled: “Annaly Capital Management (NLY) Extends Exchange Offer to Acquire MTGE Investment (MTGE)” with publication date: June 15, 2018 was also an interesting one.

Annaly Capital Management, Inc. (NYSE:NLY) Ratings Coverage

Among 4 analysts covering Annaly Capital Management (NYSE:NLY), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Annaly Capital Management had 4 analyst reports since February 13, 2018 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, February 15. JP Morgan maintained it with “Neutral” rating and $10 target in Tuesday, May 22 report. The company was maintained on Thursday, May 3 by Deutsche Bank. The company was upgraded on Tuesday, February 13 by Compass Point.

Annaly Capital Management, Inc. (NYSE:NLY) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.