XTX Topco Ltd Buys New Position in ARMOUR Residential REIT, Inc. (NYSE:ARR)

XTX Topco Ltd purchased a new position in shares of ARMOUR Residential REIT, Inc. (NYSE:ARR - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 23,158 shares of the real estate investment trust's stock, valued at approximately $437,000.

Other hedge funds have also made changes to their positions in the company. Private Trust Co. NA acquired a new position in ARMOUR Residential REIT during the 4th quarter worth approximately $28,000. Sterling Capital Management LLC grew its stake in shares of ARMOUR Residential REIT by 927.9% during the fourth quarter. Sterling Capital Management LLC now owns 1,768 shares of the real estate investment trust's stock worth $33,000 after purchasing an additional 1,596 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in ARMOUR Residential REIT by 35.2% in the fourth quarter. Russell Investments Group Ltd. now owns 2,695 shares of the real estate investment trust's stock valued at $51,000 after buying an additional 702 shares during the last quarter. McIlrath & Eck LLC acquired a new stake in ARMOUR Residential REIT in the third quarter valued at $61,000. Finally, KBC Group NV lifted its holdings 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 last quarter. Institutional investors and hedge funds own 54.17% of the company's stock.

ARMOUR Residential REIT Stock Up 4.6 %

Shares of ARR traded up $0.70 during mid-day trading on Friday, hitting $16.00. The company had a trading volume of 3,035,237 shares, compared to its average volume of 1,804,271. ARMOUR Residential REIT, Inc. has a 1-year low of $13.18 and a 1-year high of $21.93. The business's 50-day simple moving average is $17.02 and its 200-day simple moving average is $18.29. The stock has a market cap of $1.31 billion, a PE ratio of -37.21 and a beta of 1.23.

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 (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 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 expect that ARMOUR Residential REIT, Inc. will post 3.8 earnings per share for the current year.

ARMOUR Residential REIT Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $2.88 dividend on an annualized basis and a yield of 18.00%. ARMOUR Residential REIT's dividend payout ratio (DPR) is -822.86%.

Analyst Ratings Changes

Several brokerages have recently weighed in on ARR. B. Riley raised ARMOUR Residential REIT to a "hold" rating in a research report on Tuesday, January 7th. JMP Securities reaffirmed a "market perform" rating on shares of ARMOUR Residential REIT in a research report on Thursday, January 23rd. StockNews.com lowered ARMOUR Residential REIT from a "hold" rating to a "sell" rating in a report on Friday, February 14th. BTIG Research started coverage on shares of ARMOUR Residential REIT in a report on Monday, February 10th. They set a "neutral" rating for the company. Finally, Jones Trading reaffirmed a "hold" rating on shares of ARMOUR Residential REIT in a research note on Thursday. One investment analyst has rated the stock with a sell rating and five have given a hold rating to the company. According to MarketBeat, ARMOUR Residential REIT presently has a consensus rating of "Hold" and a consensus target price of $20.50.

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.