Nebula Research & Development LLC Takes Position in ARMOUR Residential REIT, Inc. (NYSE:ARR)

Nebula Research & Development LLC acquired a new stake in ARMOUR Residential REIT, Inc. (NYSE:ARR - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm 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 hedge funds also recently made changes to their positions in ARR. Jupiter Asset Management Ltd. purchased a new stake in ARMOUR Residential REIT during the 4th quarter worth $19,865,000. Vanguard Group Inc. increased its position in shares of ARMOUR Residential REIT by 17.4% during the fourth quarter. Vanguard Group Inc. now owns 6,046,157 shares of the real estate investment trust's stock worth $114,031,000 after acquiring an additional 895,433 shares during the last quarter. Invesco Ltd. lifted its stake in shares of ARMOUR Residential REIT by 86.3% in the fourth quarter. Invesco Ltd. now owns 1,628,903 shares of the real estate investment trust's stock worth $30,721,000 after acquiring an additional 754,582 shares in the last quarter. Geode Capital Management LLC boosted its holdings in ARMOUR Residential REIT by 13.6% in the fourth quarter. Geode Capital Management LLC now owns 1,304,665 shares of the real estate investment trust's stock valued at $24,611,000 after purchasing an additional 156,514 shares during the last quarter. Finally, Norges Bank acquired a new stake in ARMOUR Residential REIT during the 4th quarter valued at approximately $2,619,000. Hedge funds and other institutional investors own 54.17% of the company's stock.

Wall Street Analyst Weigh In

ARR has been the subject of several research analyst reports. JMP Securities reiterated a "market perform" rating on shares of ARMOUR Residential REIT in a research note on Thursday, January 23rd. Janney Montgomery Scott raised shares of ARMOUR Residential REIT from a "neutral" rating to a "buy" rating in a research report on Monday, April 28th. StockNews.com cut shares of ARMOUR Residential REIT from a "hold" rating to a "sell" rating in a research report on Friday, February 14th. Jones Trading reissued a "hold" rating on shares of ARMOUR Residential REIT in a report on Thursday, April 24th. Finally, B. Riley upgraded ARMOUR Residential REIT to a "hold" rating in a research note on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $20.50.

ARMOUR Residential REIT Stock Performance

Shares of ARMOUR Residential REIT stock traded down $0.18 during trading hours on Friday, reaching $16.22. The company's stock had a trading volume of 3,088,408 shares, compared to its average volume of 1,842,541. ARMOUR Residential REIT, Inc. has a one year low of $13.18 and a one year high of $21.93. The company's 50 day simple moving average is $16.78 and its 200 day simple moving average is $18.18. The stock has a market cap of $1.33 billion, a P/E ratio of -37.72 and a beta of 1.23.

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

ARMOUR Residential REIT Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th will be given a $0.24 dividend. This represents a $2.88 annualized dividend and a yield of 17.76%. The ex-dividend date is Thursday, May 15th. ARMOUR Residential REIT's dividend payout ratio is presently -822.86%.

ARMOUR Residential REIT Company 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.