Susquehanna Fundamental Investments LLC Makes New Investment in ARMOUR Residential REIT, Inc. (NYSE:ARR)

Susquehanna Fundamental Investments LLC bought a new position in ARMOUR Residential REIT, Inc. (NYSE:ARR - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 121,741 shares of the real estate investment trust's stock, valued at approximately $2,296,000. Susquehanna Fundamental Investments LLC owned approximately 0.22% of ARMOUR Residential REIT at the end of the most recent reporting period.

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

ARMOUR Residential REIT Stock Down 0.3 %

Shares of NYSE ARR traded down $0.05 during mid-day trading on Monday, hitting $16.17. 497,445 shares of the company were exchanged, compared to its average volume of 2,874,296. The firm has a market cap of $1.32 billion, a price-to-earnings ratio of -37.64 and a beta of 1.23. ARMOUR Residential REIT, Inc. has a 1-year low of $13.18 and a 1-year high of $21.93. The stock has a 50 day simple moving average of $16.78 and a 200-day simple moving average of $18.17.

ARMOUR Residential REIT (NYSE:ARR - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The real estate investment trust reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates of $0.81 by $0.05. The firm had revenue of $75.29 million for 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%. 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 company also recently disclosed a monthly dividend, which will be paid on Thursday, May 29th. Investors of record on Thursday, May 15th will be issued a dividend of $0.24 per share. The ex-dividend date is Thursday, May 15th. This represents a $2.88 annualized dividend and a yield of 17.81%. ARMOUR Residential REIT's dividend payout ratio is presently -822.86%.

Wall Street Analyst Weigh In

ARR has been the subject of several research reports. StockNews.com downgraded shares of ARMOUR Residential REIT from a "hold" rating to a "sell" rating in a research note on Friday, February 14th. BTIG Research initiated coverage on shares of ARMOUR Residential REIT in a research note on Monday, February 10th. They set a "neutral" rating for the company. B. Riley raised ARMOUR Residential REIT to a "hold" rating in a research 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. Finally, Janney Montgomery Scott raised ARMOUR Residential REIT from a "neutral" rating to a "buy" rating in a report on Monday, April 28th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, ARMOUR Residential REIT currently has an average rating of "Hold" and an average price target of $20.50.

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.