The shares of Annaly Capital Management, Inc. (NYSE:NLY) has been pegged with a rating of Neutral by Compass Point in its latest research note that was published on February 13th, 2018. Compass Point wasn’t the only research firm that published a report of Annaly Capital Management, Inc., with other equities research analysts also giving their opinion on the stock. BofA/Merrill advised investors in its research note published on February 1st, 2018, to Neutral the NLY stock. The stock had earned Mkt Perform rating from FBR & Co. when it published its report on December 20th, 2016. That day the FBR & Co. set price target on the stock to $10. The stock was given Underperform rating by BofA/Merrill in its report released on December 15th, 2016. Compass Point was of a view that NLY is Sell in its latest report on June 15th, 2016 while giving it a price target of $10.50. Compass Point thinks that NLY is worth Neutral rating. This was contained in the firm’s report on March 14th, 2016.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 7 believe it has the potential for further growth, thus rating it as Hold while 0 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $10.04. The price of the stock the last time has raised by 4.12% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 55.56.
The shares of the company added by 0.70% during the trading session on Thursday, reaching a low of $9.98 while ending the day at $10.10. During the trading session, a total of 14.56 million shares were traded which represents a -8.59% decline from the average session volume which is 13.41M shares. NLY had ended its last session trading at 10.03. Annaly Capital Management, Inc. currently has a market cap of $13.30B, while its P/E ratio stands at 4.01, while its P/E earnings growth sits at 2.66, with a beta of 0.25. Annaly Capital Management, Inc. debt-to-equity ratio currently stands at 6.64, while its quick ratio hovers at . NLY 52-week low price stands at $9.70 while its 52-week high price is $12.37.
The company in its last quarterly report recorded $0.30 earnings per share which is above the $0.29 predicted by most analysts. The Annaly Capital Management, Inc. generated $816.60 million in revenue during the last quarter, which is slightly higher than the $787.03 million predicted by analysts. In the second quarter last year, the firm recorded $0.30 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by 0%. Annaly Capital Management, Inc. has the potential to record 2.52 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Atlantic Equities published a research note on December 6th, 2018 where it informed investors and clients that Macy’s, Inc. (NYSE:M) is now rated as Underweight. BofA/Merrill also rated M as Upgrade on February 1st, 2018, with its price target of $41 suggesting that M could surge by 10.23% from its current share price. Even though the stock has been trading at $32.42/share, analysts expect it to surge higher by -0.15% to reach $36.06/share. It started the day trading at $32.39 and traded between $31.25 and $32.37 throughout the trading session.
A look at its technical shows that M’s 50-day SMA is 33.84 while its 200-day SMA stands at 34.13. The stock has a high of $41.99 for the year while the low is $22.47. The company’s P/E ratio currently sits at 8.91, while the P/B ratio is 1.68. The company’s average trading volume currently stands at 7.95M shares, which means that the short-interest ratio is just 4.93 days. Over the past seven days, the company moved, with its shift of -5.96%. Looking further, the stock has dropped -8.46% over the past 90 days while it lost -19.50% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more M shares, increasing its portfolio by +6.57% during the last quarter. This move now sees The Vanguard Group Inc purchasing 2,141,492 shares in the last quarter, thus it now holds 34,755,233 shares of M, with a total valuation of $1,191,756,940. BlackRock Fund Advisors meanwhile bought more M shares in the recently filed quarter, changing its stake to $764,305,995 worth of shares. SunAmerica Asset Management LLC followed the path by decreasing its M portfolio by -1.97% in the quarter. This means that SunAmerica Asset Management LLC sold -352,526 shares in the last quarter and now controls 17,527,980 shares of the M stock, with the valuation hitting $601,034,434.
Similarly, AQR Capital Management LLC increased its Macy’s, Inc. shares by +88.67% during the recently filed quarter. After buying 5,620,910 shares in the last quarter, the firm now controls 11,960,108 shares of Macy’s, Inc. which are valued at $410,112,103. In the same vein, Dimensional Fund Advisors LP decreased its Macy’s, Inc. shares by during the most recent reported quarter. The firm sold -1,583,234 shares during the quarter which decreased its stakes to 7,003,849 shares and is now valued at $240,161,982. Following these latest developments, around 0.30% of Macy’s, Inc. stocks are owned by institutional investors and hedge funds.