Nebula Research & Development LLC Invests $818,000 in ARMOUR Residential REIT, Inc. (NYSE:ARR)

Nebula Research & Development LLC acquired a new position in ARMOUR Residential REIT, Inc. (NYSE:ARR - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 43,367 shares of the real estate investment trust's stock, valued at approximately $818,000. Nebula Research & Development LLC owned approximately 0.08% of ARMOUR Residential REIT as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in ARR. Private Trust Co. NA purchased a new position in shares of ARMOUR Residential REIT during the 4th quarter worth approximately $28,000. Sterling Capital Management LLC raised its stake in ARMOUR Residential REIT by 927.9% in the 4th quarter. Sterling Capital Management LLC now owns 1,768 shares of the real estate investment trust's stock valued at $33,000 after purchasing an additional 1,596 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in ARMOUR Residential REIT by 35.2% in the 4th quarter. Russell Investments Group Ltd. now owns 2,695 shares of the real estate investment trust's stock valued at $51,000 after purchasing an additional 702 shares in the last quarter. McIlrath & Eck LLC acquired a new stake in ARMOUR Residential REIT during the third quarter worth approximately $61,000. Finally, KBC Group NV grew its stake in ARMOUR Residential REIT by 117.8% in the 4th quarter. KBC Group NV now owns 3,465 shares of the real estate investment trust's stock worth $65,000 after acquiring an additional 1,874 shares during the period. 54.17% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have commented on ARR shares. B. Riley upgraded ARMOUR Residential REIT to a "hold" rating in a report on Tuesday, January 7th. Jones Trading reissued a "hold" rating on shares of ARMOUR Residential REIT in a research report on Thursday, April 24th. BTIG Research initiated coverage on ARMOUR Residential REIT in a research note on Monday, February 10th. They issued a "neutral" rating for the company. Janney Montgomery Scott raised shares of ARMOUR Residential REIT from a "neutral" rating to a "buy" rating in a research report on Monday. Finally, JMP Securities reaffirmed a "market perform" rating on shares of ARMOUR Residential REIT in a report on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, ARMOUR Residential REIT currently has a consensus rating of "Hold" and a consensus target price of $20.50.

ARMOUR Residential REIT Stock Down 0.3 %

NYSE ARR traded down $0.06 during trading hours on Thursday, hitting $16.42. The company had a trading volume of 2,439,343 shares, compared to its average volume of 1,828,242. The business has a fifty day simple moving average of $16.88 and a 200-day simple moving average of $18.24. ARMOUR Residential REIT, Inc. has a fifty-two week low of $13.18 and a fifty-two week high of $21.93. The firm has a market cap of $1.34 billion, a P/E ratio of -38.17 and a beta of 1.23.

ARMOUR Residential REIT (NYSE:ARR - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The real estate investment trust reported $0.86 earnings per share (EPS) for the quarter, beating 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%. Equities analysts forecast that ARMOUR Residential REIT, Inc. will post 3.8 EPS for the current fiscal year.

ARMOUR Residential REIT Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $2.88 annualized dividend and a yield of 17.54%. ARMOUR Residential REIT's payout ratio is presently -822.86%.

About ARMOUR Residential REIT

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.