Two Sigma Advisers LP Invests $641,000 in ARMOUR Residential REIT, Inc. (NYSE:ARR)

Two Sigma Advisers LP bought a new position in shares of ARMOUR Residential REIT, Inc. (NYSE:ARR - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 34,000 shares of the real estate investment trust's stock, valued at approximately $641,000. Two Sigma Advisers LP owned 0.06% of ARMOUR Residential REIT at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. State of Wyoming bought a new position in shares of ARMOUR Residential REIT in the 4th quarter worth about $313,000. ProShare Advisors LLC raised its position in shares of ARMOUR Residential REIT by 65.2% in the 4th quarter. ProShare Advisors LLC now owns 16,901 shares of the real estate investment trust's stock worth $319,000 after acquiring an additional 6,673 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of ARMOUR Residential REIT by 1,204.2% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 350,145 shares of the real estate investment trust's stock worth $6,604,000 after acquiring an additional 323,298 shares in the last quarter. Deutsche Bank AG raised its position in shares of ARMOUR Residential REIT by 55.4% in the 4th quarter. Deutsche Bank AG now owns 39,246 shares of the real estate investment trust's stock worth $740,000 after acquiring an additional 13,984 shares in the last quarter. Finally, Brevan Howard Capital Management LP bought a new stake in ARMOUR Residential REIT in the 4th quarter valued at about $280,000. 54.17% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ARR has been the subject of a number of research analyst reports. Janney Montgomery Scott raised ARMOUR Residential REIT from a "neutral" rating to a "buy" rating in a research report on Monday, April 28th. Wall Street Zen lowered ARMOUR Residential REIT from a "hold" rating to a "sell" rating in a research report on Friday, February 14th. BTIG Research initiated coverage on ARMOUR Residential REIT in a research report on Monday, February 10th. They issued a "neutral" rating for the company. Finally, Jones Trading reaffirmed a "hold" rating on shares of ARMOUR Residential REIT in a research report on Thursday, April 24th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, ARMOUR Residential REIT currently has an average rating of "Hold" and an average target price of $21.00.

ARMOUR Residential REIT Stock Performance

ARR traded up $0.04 during midday trading on Friday, reaching $16.57. 1,703,116 shares of the company were exchanged, compared to its average volume of 1,967,332. The company's fifty day moving average price is $15.79 and its 200 day moving average price is $17.71. The company has a market cap of $1.35 billion, a price-to-earnings ratio of -38.53 and a beta of 1.37. ARMOUR Residential REIT, Inc. has a one year low of $13.18 and a one year high of $21.93.

ARMOUR Residential REIT (NYSE:ARR - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The real estate investment trust reported $0.86 EPS for the quarter, topping analysts' consensus estimates of $0.81 by $0.05. The firm had revenue of $75.29 million during the quarter, compared to analyst estimates of $18.59 million. ARMOUR Residential REIT had a positive return on equity of 16.00% and a negative net margin of 2.61%. As a group, sell-side analysts anticipate that ARMOUR Residential REIT, Inc. will post 3.8 earnings per share for the current fiscal year.

ARMOUR Residential REIT Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, June 27th. Stockholders of record on Monday, June 16th will be paid a $0.24 dividend. The ex-dividend date is Monday, June 16th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 17.38%. ARMOUR Residential REIT's payout ratio is presently -822.86%.

ARMOUR Residential REIT Profile

ARMOUR Residential REIT, Inc invests in residential mortgage-backed securities (MBS) in the United States. Its securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable-rate home loans; and unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments.