UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Raises Stock Holdings in ARMOUR Residential REIT, Inc. (NYSE:ARR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in ARMOUR Residential REIT, Inc. (NYSE:ARR - Free Report) by 42.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 108,029 shares of the real estate investment trust's stock after buying an additional 32,351 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.19% of ARMOUR Residential REIT worth $2,204,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of ARR. Quest Partners LLC acquired a new stake in ARMOUR Residential REIT in the 3rd quarter valued at about $1,904,000. TrueMark Investments LLC purchased a new position in shares of ARMOUR Residential REIT during the 2nd quarter worth approximately $1,692,000. Susquehanna Fundamental Investments LLC increased its stake in shares of ARMOUR Residential REIT by 76.3% during the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 138,140 shares of the real estate investment trust's stock worth $2,677,000 after purchasing an additional 59,791 shares in the last quarter. Van ECK Associates Corp raised its position in shares of ARMOUR Residential REIT by 15.8% during the 2nd quarter. Van ECK Associates Corp now owns 349,241 shares of the real estate investment trust's stock worth $6,768,000 after purchasing an additional 47,735 shares during the last quarter. Finally, LifePro Asset Management lifted its stake in ARMOUR Residential REIT by 34.7% in the 3rd quarter. LifePro Asset Management now owns 141,426 shares of the real estate investment trust's stock valued at $2,885,000 after buying an additional 36,439 shares in the last quarter. Hedge funds and other institutional investors own 54.17% of the company's stock.

ARMOUR Residential REIT Price Performance

ARR stock traded up $0.03 during midday trading on Monday, hitting $19.17. The stock had a trading volume of 2,154,698 shares, compared to its average volume of 1,224,057. The company's 50-day moving average price is $19.22 and its 200 day moving average price is $19.80. The firm has a market cap of $1.07 billion, a PE ratio of 8.21 and a beta of 1.49. ARMOUR Residential REIT, Inc. has a 12-month low of $17.35 and a 12-month high of $21.93.

ARMOUR Residential REIT (NYSE:ARR - Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The real estate investment trust reported $1.00 EPS for the quarter, beating the consensus estimate of $0.99 by $0.01. The company had revenue of $127.06 million during the quarter, compared to analysts' expectations of $10.95 million. ARMOUR Residential REIT had a return on equity of 16.76% and a net margin of 24.17%. As a group, sell-side analysts anticipate that ARMOUR Residential REIT, Inc. will post 3.91 EPS for the current year.

ARMOUR Residential REIT Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 16th will be paid a dividend of $0.24 per share. The ex-dividend date is Monday, December 16th. This represents a $2.88 annualized dividend and a yield of 15.02%. ARMOUR Residential REIT's dividend payout ratio is presently 122.03%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. StockNews.com raised ARMOUR Residential REIT from a "sell" rating to a "hold" rating in a research report on Friday, October 25th. JMP Securities reiterated a "market perform" rating on shares of ARMOUR Residential REIT in a research report on Wednesday, August 28th.

Insider Transactions at ARMOUR Residential REIT

In other news, Director Robert C. Hain bought 2,500 shares of the firm's stock in a transaction dated Thursday, November 7th. The stock was acquired at an average cost of $19.08 per share, for a total transaction of $47,700.00. Following the completion of the purchase, the director now owns 9,023 shares of the company's stock, valued at $172,158.84. This trade represents a 38.33 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Daniel C. Staton purchased 10,000 shares of the stock in a transaction that occurred on Thursday, October 3rd. The shares were purchased at an average cost of $19.86 per share, with a total value of $198,600.00. Following the completion of the acquisition, the chairman now owns 24,040 shares in the company, valued at approximately $477,434.40. This represents a 71.23 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.35% of the company's stock.

ARMOUR Residential REIT 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.