Nisa Investment Advisors LLC Acquires 22,500 Shares of ARMOUR Residential REIT, Inc. (NYSE:ARR)

Nisa Investment Advisors LLC lifted its stake in shares of ARMOUR Residential REIT, Inc. (NYSE:ARR - Free Report) by 75.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). 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 about 0.09% of ARMOUR Residential REIT worth $990,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Barclays PLC raised its stake in shares of ARMOUR Residential REIT by 300.6% during the 3rd quarter. Barclays PLC now owns 124,470 shares of the real estate investment trust's stock worth $2,539,000 after purchasing an additional 93,397 shares during the period. JPMorgan Chase & Co. boosted its holdings in ARMOUR Residential REIT by 70.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 70,970 shares of the real estate investment trust's stock valued at $1,448,000 after purchasing an additional 29,306 shares during the period. State Street Corp raised its holdings in shares of ARMOUR Residential REIT by 1.5% in the 3rd quarter. State Street Corp now owns 1,807,864 shares of the real estate investment trust's stock valued at $36,880,000 after acquiring an additional 27,575 shares in the last quarter. Quest Partners LLC bought a new stake in ARMOUR Residential REIT during the third quarter valued at approximately $1,904,000. Finally, Susquehanna Fundamental Investments LLC increased its stake in ARMOUR Residential REIT by 76.3% in the second quarter. Susquehanna Fundamental Investments LLC now owns 138,140 shares of the real estate investment trust's stock valued at $2,677,000 after acquiring an additional 59,791 shares during the last quarter. Institutional investors own 54.17% of the company's stock.

Analysts Set New Price Targets

ARR has been the topic of a number of recent analyst reports. StockNews.com upgraded ARMOUR Residential REIT from a "sell" rating to a "hold" rating in a research report on Friday, October 25th. B. Riley raised shares of ARMOUR Residential REIT to a "hold" rating in a research report on Tuesday, January 7th. Finally, JMP Securities reiterated a "market perform" rating on shares of ARMOUR Residential REIT in a research report on Thursday, January 23rd.

Insider Buying and Selling

In related news, Director Robert C. Hain sold 2,500 shares of the company's stock in a transaction on Monday, January 13th. The stock was sold at an average price of $18.07, for a total value of $45,175.00. Following the transaction, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Stewart J. Paperin sold 24,852 shares of the firm'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 sale, the director now directly owns 363 shares in the company, valued at $6,817.14. The trade was a 98.56 % decrease in their position. The disclosure for this sale can be found here. 0.35% of the stock is owned by corporate insiders.

ARMOUR Residential REIT Stock Up 0.4 %

ARR stock traded up $0.08 during midday trading on Friday, hitting $18.86. The company's stock had a trading volume of 2,502,836 shares, compared to its average volume of 2,235,670. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 7.99 and a beta of 1.47. ARMOUR Residential REIT, Inc. has a 12 month low of $17.35 and a 12 month high of $21.93. The company has a 50 day moving average of $18.82 and a two-hundred day moving average of $19.59.

ARMOUR Residential REIT Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, January 30th. Investors of record on Wednesday, January 15th were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $2.88 annualized dividend and a yield of 15.27%. ARMOUR Residential REIT's payout ratio is presently 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.