The shares of Annaly Capital Management, Inc. (NYSE:NLY) has been pegged with a rating of Buy by Nomura in its latest research note that was published on March 27th, 2019. Nomura wasnâ€™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. JP Morgan advised investors in its research note published on January 16th, 2019, to Overweight the NLY stock. The stock had earned Outperform rating from Keefe Bruyette when it published its report on January 14th, 2019. The stock was given Overweight rating by Barclays in its report released on December 14th, 2018. Compass Point was of a view that NLY is Neutral in its latest report on February 13th, 2018. BofA/Merrill thinks that NLY is worth Neutral rating. This was contained in the firmâ€™s report on February 1st, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 3 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 $10.50. The price of the stock the last time has raised by 4.60% from its Week high price while it is raised higher than its 52-Week low price. A look at the stockâ€™s other technical shows that its 14-day RSI now stands at 40.00.
The shares of the company dipped by -0.10% during the trading session on Tuesday, reaching a low of $10.00 while ending the day at $10.01. During the trading session, a total of 10.85 million shares were traded which represents a 19.35% incline from the average session volume which is 13.45M shares. NLY had ended its last session trading at 10.02. Annaly Capital Management, Inc. currently has a market cap of $14.04B, while its P/E ratio stands at 63.76, while its P/E earnings growth sits at 6.15, 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 firmâ€™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 Credit Suisse published a research note on December 19th, 2018 where it informed investors and clients that Kinross Gold Corporation (NYSE:KGC) is now rated as Underperform. JP Morgan also rated KGC as Upgrade on January 16th, 2019, with its price target of $247 suggesting that KGC could surge by 15.4% from its current share price. Even though the stock has been trading at $3.50/share, analysts expect it to surge higher by -1.14% to reach $4.09/share. It started the day trading at $3.48 and traded between $3.40 and $3.46 throughout the trading session.
A look at its technical shows that KGCâ€™s 50-day SMA is 3.42 while its 200-day SMA stands at 3.15. At the moment, only of Kinross Gold Corporation shares were sold short. The companyâ€™s average trading volume currently stands at 11.59M shares, which means that the short-interest ratio is just 1.20 days. Over the past seven days, the company moved, with its shift of -3.89%. Looking further, the stock has raised 11.61% over the past 90 days while it gained 20.14% over the last six months.
The change in the stockâ€™s fortunes has led to several institutional investors altering their holdings of the stock. Van Eck Associates Corp bought more KGC shares, increasing its portfolio by +115.47% during the last quarter. This move now sees Van Eck Associates Corp purchasing 100,146,473 shares in the last quarter, thus it now holds 186,875,671 shares of KGC, with a total valuation of $642,852,308. Ruffer LLP meanwhile bought more KGC shares in the recently filed quarter, changing its stake to $235,463,645 worth of shares. Renaissance Technologies LLC followed the path by increasing its KGC portfolio by +0.20% in the quarter. This means that Renaissance Technologies LLC bought 110,084 shares in the last quarter and now controls 55,680,083 shares of the KGC stock, with the valuation hitting $191,539,486.
Similarly, The Vanguard Group Inc increased its Kinross Gold Corporation shares by +3.08% during the recently filed quarter. After buying 1,029,789 shares in the last quarter, the firm now controls 34,439,504 shares of Kinross Gold Corporation which are valued at $118,471,894. In the same vein, Altrinsic Global Advisors LLC increased its Kinross Gold Corporation shares by during the most recent reported quarter. The firm bought 1,776,516 shares during the quarter which increased its stakes to 24,194,645 shares and is now valued at $83,229,579. Following these latest developments, around 9.04% of Kinross Gold Corporation stocks are owned by institutional investors and hedge funds.