Cwm LLC Reduces Stake in ARMOUR Residential REIT, Inc. (NYSE:ARR)

Cwm LLC trimmed its position in ARMOUR Residential REIT, Inc. (NYSE:ARR) by 60.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,697 shares of the real estate investment trust’s stock after selling 4,106 shares during the period. Cwm LLC’s holdings in ARMOUR Residential REIT were worth $52,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in ARR. Ieq Capital LLC bought a new stake in ARMOUR Residential REIT during the third quarter worth about $43,000. Profund Advisors LLC lifted its holdings in ARMOUR Residential REIT by 11.2% in the third quarter. Profund Advisors LLC now owns 12,866 shares of the real estate investment trust’s stock worth $55,000 after buying an additional 1,294 shares during the period. Xponance Inc. boosted its position in shares of ARMOUR Residential REIT by 14.9% during the third quarter. Xponance Inc. now owns 13,306 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 1,727 shares in the last quarter. Jump Financial LLC purchased a new stake in shares of ARMOUR Residential REIT in the 3rd quarter worth about $60,000. Finally, Commonwealth Equity Services LLC grew its holdings in ARMOUR Residential REIT by 15.5% in the third quarter. Commonwealth Equity Services LLC now owns 20,060 shares of the real estate investment trust’s stock worth $85,000 after purchasing an additional 2,699 shares during the period. Institutional investors own 54.17% of the company’s stock.

Analyst Upgrades and Downgrades

ARR has been the subject of several analyst reports. StockNews.com downgraded ARMOUR Residential REIT from a “hold” rating to a “sell” rating in a report on Friday, April 5th. JMP Securities reissued a “market perform” rating on shares of ARMOUR Residential REIT in a report on Thursday, April 18th.

ARMOUR Residential REIT Trading Up 1.4 %

Shares of ARMOUR Residential REIT stock opened at $19.35 on Friday. The stock has a 50 day moving average of $18.99 and a 200 day moving average of $18.53. ARMOUR Residential REIT, Inc. has a 12 month low of $13.31 and a 12 month high of $27.00. The firm has a market cap of $943.35 million, a PE ratio of -26.88 and a beta of 1.48.

ARMOUR Residential REIT (NYSE:ARR) last issued its quarterly earnings data on Friday, April 26th. The real estate investment trust reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $141.48 million for the quarter, compared to the consensus estimate of $39.60 million. As a group, equities research 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. Shareholders of record on Wednesday, May 15th will be given a $0.24 dividend. This represents a $2.88 annualized dividend and a yield of 14.88%. The ex-dividend date is Tuesday, May 14th. ARMOUR Residential REIT’s dividend payout ratio (DPR) is presently -400.00%.

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.