Editor’s Note: Annaly Capital Management, Inc. (NYSE:NLY), American Capital Agency Corp. (NASDAQ:AGNC), American Capital Ltd. (NASDAQ:ACAS)
CFO Moves: Annaly Capital Management, Midway Gold, American Restaurant Concepts (Wall Street Journal)
Annaly Capital Management, Inc. (NYSE:NLY), a real estate investment trust based in New York, promoted Glenn A. Votek to chief financial officer. He succeeds Kathryn F. Fagan, who resigned. Mr. Votek was most recently the firm’s chief administrative officer. Ms. Fagan received compensation last year valued at $9.3 million, according to a proxy filing.
Stock Traders Buy Large Volume of American Capital Agency Corp. Put Options (AGNC) (Mideast Time)
Shares of American Capital Agency Corp. (NASDAQ:AGNC) was the recipient of some unusual options trading on Monday. Stock investors bought 9,329 put options on the stock, AR Network reports. This represents an increase of approximately 135% compared to the average daily volume of 3,964 put options. Several analysts have recently commented on the stock. Analysts at Nomura cut their price target on shares of American Capital Agency Corp. (NASDAQ:AGNC) from $32.00 to $22.00 in a research note to investors on Friday, August 2nd.
Hot Stocks: AutoNavi Holdings Ltd (ADR) (NASDAQ:AMAP), American Capital Ltd.(NASDAQ:ACAS), Cell Therapeutics Inc (NASDAQ:CTIC), Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) (Techsonian)
American Capital Ltd. (NASDAQ:ACAS) percentage change plunged -2.41% to close at $12.54 with the total traded volume of 3.02 million shares, and average volume of 2.85 million. The 52 week range of the stock remained $12.53 – $12.85, while its day lowest price was $12.53 and it hit its day highest price at $12.85. American Capital, Ltd. (American Capital) is an equity firm and global asset manager. American Capital Ltd. (NASDAQ:ACAS) invests in private equity, private debt, private real estate securities and other investments.
Annaly Capital Management, Inc. (NLY) Is Making a You-Know-What Out Of These Investors (Insider Monkey)
Down more than 20% year-to-date, Annaly Capital Management, Inc. (NYSE:NLY) hasn’t exactly been friendly to any REIT-concious investor’s portfolio. While it’s tough to forecast what this volatile industry will do over the next 12-18 months, there’s one way to see what the world’s richest investors are doing. According to our comprehensive database, Charles de Vaulx’s International Value Advisers had the most valuable position in Annaly Capital Management, Inc. (NYSE:NLY), worth close to $46.5 million, accounting for 1.2% of its total 13F portfolio. Sitting at the No. 2 spot is Pine River Capital Management, managed by Brian Taylor, which held a $44.3 million call position; 0.7% of its 13F portfolio is allocated to the company.
Examining Options & Block Trading Activity for American Capital Agency (AGNC) [08/20/2013] (AVAFIN)
American Capital Agency Corp. (NASDAQ:AGNC) options contracts experienced a new 90-day record for call contracts where a total of 14,977 call contracts were traded in the busy trading session. The contract spread yielded a 1.03 put/call ratio where 1.0 call contracts were traded for each put contract. The skewed options ratio suggests that traders are re-balancing their portfolios in anticipation of a price shift. Unusual volume activity directly reflects investor outlook and confirms that a stock move is imminent.
