SG Americas Securities 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 disclosure with the Securities and Exchange Commission. The institutional investor acquired 7,264 shares of the real estate investment trust’s stock, valued at approximately $195,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Chicago Equity Partners LLC increased its stake in shares of ARMOUR Residential REIT by 87.2% during the 2nd quarter. Chicago Equity Partners LLC now owns 373,550 shares of the real estate investment trust’s stock valued at $9,339,000 after acquiring an additional 173,980 shares during the last quarter. Vanguard Group Inc. increased its position in ARMOUR Residential REIT by 4.7% during the 2nd quarter. Vanguard Group Inc. now owns 3,220,482 shares of the real estate investment trust’s stock worth $80,512,000 after purchasing an additional 143,749 shares in the last quarter. Sterling Capital Management LLC acquired a new stake in ARMOUR Residential REIT during the 2nd quarter worth approximately $871,000. Goldman Sachs Group Inc. increased its position in ARMOUR Residential REIT by 211.5% during the 2nd quarter. Goldman Sachs Group Inc. now owns 305,933 shares of the real estate investment trust’s stock worth $7,648,000 after purchasing an additional 207,711 shares in the last quarter. Finally, Swiss National Bank increased its position in ARMOUR Residential REIT by 12.4% during the 2nd quarter. Swiss National Bank now owns 68,012 shares of the real estate investment trust’s stock worth $1,700,000 after purchasing an additional 7,500 shares in the last quarter. 58.19% of the stock is owned by institutional investors.

A number of analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of ARMOUR Residential REIT from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 17th. ValuEngine raised shares of ARMOUR Residential REIT from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st.

In related news, COO Mark Gruber purchased 4,000 shares of the firm’s stock in a transaction on Monday, October 30th. The stock was purchased at an average price of $25.38 per share, for a total transaction of $101,520.00. Following the acquisition, the chief operating officer now directly owns 19,958 shares in the company, valued at $506,534.04. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.20% of the stock is owned by corporate insiders.

Shares of ARMOUR Residential REIT, Inc. (NYSE:ARR) opened at $25.42 on Friday. The stock has a market cap of $1,060.00, a P/E ratio of 5.02 and a beta of 0.75. ARMOUR Residential REIT, Inc. has a 1 year low of $20.81 and a 1 year high of $27.60.

ARMOUR Residential REIT (NYSE:ARR) last posted its earnings results on Wednesday, October 25th. The real estate investment trust reported $0.69 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.66 by $0.03. The firm had revenue of $39.64 million during 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 quarter in the prior year, the company earned $0.68 EPS. research analysts anticipate that ARMOUR Residential REIT, Inc. will post 2.69 earnings per share for the current year.

The business also recently declared a monthly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Friday, December 15th will be issued a $0.19 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 8.97%. The ex-dividend date is Thursday, December 14th. ARMOUR Residential REIT’s dividend payout ratio is presently 45.06%.

ILLEGAL ACTIVITY NOTICE: “7,264 Shares in ARMOUR Residential REIT, Inc. (ARR) Purchased by SG Americas Securities LLC” was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece of content on another domain, it was illegally copied and reposted in violation of U.S. & international trademark & copyright law. The original version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/12/24/7264-shares-in-armour-residential-reit-inc-arr-purchased-by-sg-americas-securities-llc.html.

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)

Receive News & Ratings for ARMOUR Residential REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARMOUR Residential REIT and related companies with MarketBeat.com's FREE daily email newsletter.