Nisa Investment Advisors LLC Has $990,000 Stock Position in ARMOUR Residential REIT, Inc. (NYSE:ARR)

Nisa Investment Advisors LLC lifted its position in shares of ARMOUR Residential REIT, Inc. (NYSE:ARR) by 75.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 52,478 shares of the real estate investment trust’s stock after purchasing an additional 22,500 shares during the quarter. Nisa Investment Advisors LLC owned approximately 0.09% of ARMOUR Residential REIT worth $990,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of ARR. Signaturefd LLC grew its stake in shares of ARMOUR Residential REIT by 67.8% in the 3rd quarter. Signaturefd LLC now owns 1,374 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 555 shares during the period. McIlrath & Eck LLC acquired a new stake in ARMOUR Residential REIT in the 3rd quarter valued at $61,000. US Bancorp DE grew its position in ARMOUR Residential REIT by 304.3% in the third quarter. US Bancorp DE now owns 6,720 shares of the real estate investment trust’s stock valued at $137,000 after acquiring an additional 5,058 shares during the period. FMR LLC raised its stake in ARMOUR Residential REIT by 36.5% during the third quarter. FMR LLC now owns 7,486 shares of the real estate investment trust’s stock worth $153,000 after acquiring an additional 2,003 shares in the last quarter. Finally, Squarepoint Ops LLC bought a new position in shares of ARMOUR Residential REIT during the second quarter valued at $221,000. 54.17% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ARR. JMP Securities reiterated a “market perform” rating on shares of ARMOUR Residential REIT in a research note on Thursday, January 23rd. B. Riley raised ARMOUR Residential REIT to a “hold” rating in a research note on Tuesday, January 7th. Finally, StockNews.com upgraded ARMOUR Residential REIT from a “sell” rating to a “hold” rating in a research note on Friday, October 25th.

Insider Buying and Selling

In other ARMOUR Residential REIT news, Director Robert C. Hain bought 2,500 shares of the stock in a transaction on Thursday, November 7th. The stock was purchased at an average price of $19.08 per share, with a total value of $47,700.00. Following the acquisition, the director now owns 9,023 shares of the company’s stock, valued at approximately $172,158.84. The trade was a 38.33 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Stewart J. Paperin sold 24,852 shares of the company’s stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $18.78, for a total transaction of $466,720.56. Following the sale, the director now owns 363 shares of the company’s stock, valued at $6,817.14. The trade was a 98.56 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.35% of the company’s stock.

ARMOUR Residential REIT Stock Performance

NYSE:ARR opened at $18.68 on Tuesday. The stock’s fifty day moving average price is $18.82 and its two-hundred day moving average price is $19.63. The company has a market cap of $1.04 billion, a price-to-earnings ratio of 7.91 and a beta of 1.47. ARMOUR Residential REIT, Inc. has a 52-week low of $17.35 and a 52-week high of $21.93.

ARMOUR Residential REIT Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, January 30th. Investors of record on Wednesday, January 15th will be issued a $0.24 dividend. This represents a $2.88 annualized dividend and a yield of 15.42%. The ex-dividend date is Wednesday, January 15th. ARMOUR Residential REIT’s dividend payout ratio is 122.03%.

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.