361 Capital LLC acquired a new stake in shares of ARMOUR Residential REIT, Inc. (NYSE:ARR) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 81,224 shares of the real estate investment trust’s stock, valued at approximately $2,185,000. 361 Capital LLC owned about 0.19% of ARMOUR Residential REIT as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. IFP Advisors Inc lifted its position in shares of ARMOUR Residential REIT by 1.1% during the 2nd quarter. IFP Advisors Inc now owns 6,484 shares of the real estate investment trust’s stock valued at $162,000 after acquiring an additional 69 shares during the last quarter. BNP Paribas Arbitrage SA lifted its position in shares of ARMOUR Residential REIT by 136.8% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,092 shares of the real estate investment trust’s stock valued at $177,000 after acquiring an additional 4,097 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of ARMOUR Residential REIT during the 3rd quarter valued at $195,000. Stratos Wealth Partners LTD. acquired a new stake in shares of ARMOUR Residential REIT during the 3rd quarter valued at $201,000. Finally, OMERS ADMINISTRATION Corp acquired a new stake in shares of ARMOUR Residential REIT during the 2nd quarter valued at $212,000. Institutional investors own 48.76% of the company’s stock.

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ARMOUR Residential REIT, Inc. (ARR) traded up $0.14 during midday trading on Friday, hitting $24.56. 1,078,280 shares of the stock were exchanged, compared to its average volume of 600,891. ARMOUR Residential REIT, Inc. has a 1-year low of $20.29 and a 1-year high of $27.60. The firm has a market capitalization of $1,020.00, a P/E ratio of 8.86 and a beta of 0.74.

ARMOUR Residential REIT (NYSE:ARR) last posted its quarterly earnings results on Wednesday, October 25th. The real estate investment trust reported $0.69 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.66 by $0.03. The business had revenue of $39.64 million for the quarter, compared to the consensus estimate of $37.49 million. ARMOUR Residential REIT had a net margin of 76.46% and a return on equity of 9.39%. During the same period in the prior year, the business posted $0.68 earnings per share. equities analysts expect that ARMOUR Residential REIT, Inc. will post 2.69 EPS for the current fiscal year.

The firm also recently announced a monthly dividend, which will be paid on Monday, November 27th. Shareholders of record on Wednesday, November 15th will be given a dividend of $0.19 per share. This represents a $2.28 annualized dividend and a yield of 9.28%. The ex-dividend date is Tuesday, November 14th. ARMOUR Residential REIT’s payout ratio is 45.06%.

A number of analysts have recently issued reports on the company. ValuEngine upgraded ARMOUR Residential REIT from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Zacks Investment Research lowered ARMOUR Residential REIT from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 17th. Finally, BidaskClub upgraded ARMOUR Residential REIT from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 10th.

In other ARMOUR Residential REIT news, COO Mark Gruber bought 4,000 shares of the stock in a transaction on Monday, October 30th. The shares were purchased at an average cost of $25.38 per share, with a total value of $101,520.00. Following the completion of the transaction, the chief operating officer now directly owns 19,958 shares of the company’s stock, valued at approximately $506,534.04. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.20% of the company’s stock.

ARMOUR Residential REIT Company Profile

ARMOUR Residential REIT, Inc is a real estate investment trust. The Company invests in and manages a leveraged portfolio of mortgage-backed securities (MBS) and mortgage loans. The Company invests in residential mortgage backed securities issued or guaranteed by a United States Government-sponsored enterprise (GSE), such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation, or a government agency, such as the Government National Mortgage Association (collectively, Agency Securities).

Institutional Ownership by Quarter for ARMOUR Residential REIT (NYSE:ARR)

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