The shares of Annaly Capital Management, Inc. (NYSE:NLY) has been pegged with a rating of Overweight by JP Morgan in its latest research note that was published on January 16th, 2019. JP Morgan 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. Keefe Bruyette advised investors in its research note published on January 14th, 2019, to Outperform the NLY stock. The stock had earned Overweight rating from Barclays when it published its report on December 14th, 2018. The stock was given Neutral rating by Compass Point in its report released on February 13th, 2018. BofA/Merrill was of a view that NLY is Neutral in its latest report on February 1st, 2018. FBR & Co. thinks that NLY is worth Mkt Perform rating. This was contained in the firm’s report on December 20th, 2016 in which the stock’s price target was also moved to $10.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 4 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 $10.40. The price of the stock the last time has raised by 8.05% 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 63.88.
The shares of the company added by 0.78% during the trading session on Wednesday, reaching a low of $10.265 while ending the day at $10.34. During the trading session, a total of 10.77 million shares were traded which represents a 34.74% incline from the average session volume which is 16.50M shares. NLY had ended its last session trading at 10.26. Annaly Capital Management, Inc. currently has a market cap of $14.39B, while its P/E ratio stands at 65.86, while its P/E earnings growth sits at 6.30, with a beta of 0.34. Annaly Capital Management, Inc. debt-to-equity ratio currently stands at 7.23, while its quick ratio hovers at . NLY 52-week low price stands at $9.57 while its 52-week high price is $10.78.
The company in its last quarterly report recorded $0.29 earnings per share which is below the $0.29 predicted by most analysts. The Annaly Capital Management, Inc. generated $859.67 million in revenue during the last quarter, which is slightly higher than the $849.47 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 -3.45%. Annaly Capital Management, Inc. has the potential to record 0.16 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Needham published a research note on February 13th, 2019 where it informed investors and clients that Activision Blizzard, Inc. (NASDAQ:ATVI) is now rated as Buy. Their price target on the stock stands at $50. Keefe Bruyette also rated ATVI as Upgrade on January 14th, 2019, with its price target of $5.50 suggesting that ATVI could surge by 17.2% from its current share price. Even though the stock has been trading at $42.63/share, analysts expect it to surge higher by 2.51% to reach $52.78/share. It started the day trading at $43.95 and traded between $42.565 and $43.70 throughout the trading session.
A look at its technical shows that ATVI’s 50-day SMA is 45.05 while its 200-day SMA stands at 63.12. The stock has a high of $84.68 for the year while the low is $39.85. The company’s P/E ratio currently sits at 18.56, while the P/B ratio is 2.94. At the moment, only of Activision Blizzard, Inc. shares were sold short. The company’s average trading volume currently stands at 13.04M shares, which means that the short-interest ratio is just 1.06 days. Over the past seven days, the company moved, with its shift of 2.68%. Looking further, the stock has dropped -8.73% over the past 90 days while it lost -41.15% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Fidelity Management Research Co sold more ATVI shares, decreasing its portfolio by -12.48% during the last quarter. This move now sees Fidelity Management Research Co selling -11,851,033 shares in the last quarter, thus it now holds 83,115,051 shares of ATVI, with a total valuation of $3,502,468,249. The Vanguard Group Inc meanwhile bought more ATVI shares in the recently filed quarter, changing its stake to $2,244,249,938 worth of shares. Capital Research Management Co followed the path by increasing its ATVI portfolio by +49.54% in the quarter. This means that Capital Research Management Co bought 14,899,037 shares in the last quarter and now controls 44,976,660 shares of the ATVI stock, with the valuation hitting $1,895,316,452.
Similarly, SSgA Funds Management Inc increased its Activision Blizzard, Inc. shares by +5.24% during the recently filed quarter. After buying 1,407,840 shares in the last quarter, the firm now controls 28,256,558 shares of Activision Blizzard, Inc. which are valued at $1,190,731,354. In the same vein, Capital Research Management Co increased its Activision Blizzard, Inc. shares by during the most recent reported quarter. The firm bought 8,199,396 shares during the quarter which increased its stakes to 17,272,045 shares and is now valued at $727,843,976. Following these latest developments, around 0.70% of Activision Blizzard, Inc. stocks are owned by institutional investors and hedge funds.