Natixis Advisors LLC Acquires New Holdings in ARMOUR Residential REIT, Inc. (NYSE:ARR)

Natixis Advisors LLC bought a new position in ARMOUR Residential REIT, Inc. (NYSE:ARR) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 11,127 shares of the real estate investment trust’s stock, valued at approximately $210,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ARR. Private Trust Co. NA bought a new stake in shares of ARMOUR Residential REIT in the 4th quarter valued at $28,000. McIlrath & Eck LLC bought a new stake in shares of ARMOUR Residential REIT in the third quarter worth about $61,000. KBC Group NV raised its position in shares of ARMOUR Residential REIT by 117.8% during the fourth quarter. KBC Group NV now owns 3,465 shares of the real estate investment trust’s stock worth $65,000 after purchasing an additional 1,874 shares during the period. FMR LLC raised its position in shares of 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 purchasing an additional 2,003 shares during the period. Finally, Winebrenner Capital Management LLC bought a new position in shares of ARMOUR Residential REIT during the 4th quarter valued at about $189,000. 54.17% of the stock is owned by institutional investors.

ARMOUR Residential REIT Trading Down 2.9 %

ARMOUR Residential REIT stock opened at $17.07 on Friday. ARMOUR Residential REIT, Inc. has a 1-year low of $16.96 and a 1-year high of $21.93. The company has a fifty day simple moving average of $18.70 and a 200 day simple moving average of $19.11. The company has a market cap of $1.36 billion, a P/E ratio of -39.69 and a beta of 1.53.

ARMOUR Residential REIT Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 15th will be issued a $0.24 dividend. This represents a $2.88 annualized dividend and a dividend yield of 16.88%. The ex-dividend date of this dividend is Tuesday, April 15th. ARMOUR Residential REIT’s payout ratio is -669.77%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on ARR shares. JMP Securities reaffirmed a “market perform” rating on shares of ARMOUR Residential REIT in a research note on Thursday, January 23rd. B. Riley upgraded shares of ARMOUR Residential REIT to a “hold” rating in a report on Tuesday, January 7th. BTIG Research started coverage on shares of ARMOUR Residential REIT in a research note on Monday, February 10th. They issued a “neutral” rating for the company. Finally, StockNews.com downgraded ARMOUR Residential REIT from a “hold” rating to a “sell” rating in a research note on Friday, February 14th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $20.50.

Insider Activity at ARMOUR Residential REIT

In related news, Director Stewart J. Paperin sold 24,852 shares of the business’s stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $18.78, for a total transaction of $466,720.56. Following the transaction, the director now directly owns 363 shares of the company’s stock, valued at approximately $6,817.14. The trade was a 98.56 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert C. Hain sold 2,500 shares of the firm’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $18.07, for a total value of $45,175.00. Following the sale, the director now directly owns 6,793 shares of the company’s stock, valued at $122,749.51. This represents a 26.90 % decrease in their position. The disclosure for this sale can be found here. 0.35% of the stock is owned by company insiders.

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.