Yousif Capital Management LLC Has $467,000 Stock Position in ARMOUR Residential REIT, Inc. (NYSE:ARR)

Yousif Capital Management LLC trimmed its holdings in shares of ARMOUR Residential REIT, Inc. (NYSE:ARR - Free Report) by 81.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,187 shares of the real estate investment trust's stock after selling 109,595 shares during the period. Yousif Capital Management LLC's holdings in ARMOUR Residential REIT were worth $467,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of ARMOUR Residential REIT by 16.6% during the third quarter. Vanguard Group Inc. now owns 24,968,254 shares of the real estate investment trust's stock worth $106,115,000 after acquiring an additional 3,550,122 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of ARMOUR Residential REIT by 93.5% during the 3rd quarter. Invesco Ltd. now owns 7,011,244 shares of the real estate investment trust's stock valued at $29,798,000 after buying an additional 3,387,825 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of ARMOUR Residential REIT by 2,118.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,008,944 shares of the real estate investment trust's stock valued at $8,538,000 after buying an additional 1,918,406 shares in the last quarter. Advisors Asset Management Inc. raised its position in ARMOUR Residential REIT by 153.1% during the third quarter. Advisors Asset Management Inc. now owns 628,499 shares of the real estate investment trust's stock valued at $2,671,000 after acquiring an additional 380,225 shares in the last quarter. Finally, Wolverine Asset Management LLC acquired a new stake in ARMOUR Residential REIT in the fourth quarter valued at approximately $6,913,000. 54.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. JMP Securities restated a "market perform" rating on shares of ARMOUR Residential REIT in a research note on Thursday, April 18th. StockNews.com cut ARMOUR Residential REIT from a "hold" rating to a "sell" rating in a research report on Friday, April 5th.

ARMOUR Residential REIT Stock Performance

Shares of ARMOUR Residential REIT stock traded up $0.21 on Monday, reaching $19.24. The stock had a trading volume of 778,063 shares, compared to its average volume of 1,165,430. ARMOUR Residential REIT, Inc. has a fifty-two week low of $13.31 and a fifty-two week high of $27.00. The business's 50-day moving average price is $19.00 and its two-hundred day moving average price is $18.49. The stock has a market cap of $937.71 million, a P/E ratio of -26.71 and a beta of 1.48.

ARMOUR Residential REIT (NYSE:ARR - Get Free Report) last issued its quarterly earnings results on Friday, April 26th. The real estate investment trust reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.22. ARMOUR Residential REIT had a positive return on equity of 15.68% and a negative net margin of 3.83%. The company had revenue of $141.48 million for the quarter, compared to the consensus estimate of $39.60 million. As a group, equities analysts forecast that ARMOUR Residential REIT, Inc. will post 3.46 earnings per share for the current fiscal year.

ARMOUR Residential REIT Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, May 28th. Stockholders of record on Wednesday, May 15th will be given a $0.24 dividend. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $2.88 annualized dividend and a dividend yield of 14.97%. ARMOUR Residential REIT's dividend payout ratio is -399.99%.

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.