Yousif Capital Management LLC Grows Stock Holdings in ARMOUR Residential REIT, Inc. $ARR

Yousif Capital Management LLC raised its stake in ARMOUR Residential REIT, Inc. (NYSE:ARR) by 9.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,274 shares of the real estate investment trust’s stock after buying an additional 2,658 shares during the period. Yousif Capital Management LLC’s holdings in ARMOUR Residential REIT were worth $509,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Fifth Third Bancorp boosted its position in ARMOUR Residential REIT by 184.3% in the 2nd quarter. Fifth Third Bancorp now owns 2,198 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 1,425 shares during the period. Ameritas Advisory Services LLC purchased a new stake in shares of ARMOUR Residential REIT in the 2nd quarter worth approximately $66,000. CWM LLC lifted its position in shares of ARMOUR Residential REIT by 126.2% in the 2nd quarter. CWM LLC now owns 6,429 shares of the real estate investment trust’s stock worth $108,000 after purchasing an additional 3,587 shares during the period. US Bancorp DE lifted its position in shares of ARMOUR Residential REIT by 56.2% in the 1st quarter. US Bancorp DE now owns 8,875 shares of the real estate investment trust’s stock worth $152,000 after purchasing an additional 3,194 shares during the period. Finally, Ieq Capital LLC purchased a new stake in shares of ARMOUR Residential REIT in the 1st quarter worth approximately $178,000. 54.17% of the stock is owned by hedge funds and other institutional investors.

ARMOUR Residential REIT Trading Up 1.3%

Shares of ARMOUR Residential REIT stock opened at $15.97 on Friday. ARMOUR Residential REIT, Inc. has a 12-month low of $13.18 and a 12-month high of $19.77. The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of 399.28 and a beta of 1.41. The firm’s 50 day simple moving average is $15.22 and its two-hundred day simple moving average is $15.83.

ARMOUR Residential REIT (NYSE:ARR) last issued its quarterly earnings results on Wednesday, October 22nd. The real estate investment trust reported $0.72 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.03). ARMOUR Residential REIT had a net margin of 9.01% and a return on equity of 16.72%. The company had revenue of $92.10 million for the quarter, compared to analyst estimates of $63.25 million. During the same quarter in the previous year, the company posted $1.00 EPS. On average, sell-side analysts predict that ARMOUR Residential REIT, Inc. will post 3.8 EPS for the current fiscal year.

ARMOUR Residential REIT Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Monday, November 17th will be paid a dividend of $0.24 per share. The ex-dividend date is Monday, November 17th. This represents a c) dividend on an annualized basis and a yield of 18.0%. ARMOUR Residential REIT’s dividend payout ratio is presently -1,200.00%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on ARR shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of ARMOUR Residential REIT in a research report on Wednesday, October 8th. Zacks Research raised shares of ARMOUR Residential REIT from a “strong sell” rating to a “hold” rating in a research report on Friday, October 10th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $16.00 price target on shares of ARMOUR Residential REIT in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $16.00.

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.