XTX Topco Ltd Purchases Shares of 23,158 ARMOUR Residential REIT, Inc. (NYSE:ARR)

XTX Topco Ltd acquired a new position in shares of ARMOUR Residential REIT, Inc. (NYSE:ARR - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 23,158 shares of the real estate investment trust's stock, valued at approximately $437,000.

A number of other large investors also recently made changes to their positions in the business. Jupiter Asset Management Ltd. purchased a new position in ARMOUR Residential REIT in the fourth quarter valued at about $19,865,000. Vanguard Group Inc. lifted its holdings in shares of ARMOUR Residential REIT by 17.4% during the 4th quarter. Vanguard Group Inc. now owns 6,046,157 shares of the real estate investment trust's stock valued at $114,031,000 after buying an additional 895,433 shares during the last quarter. Invesco Ltd. grew its stake in shares of ARMOUR Residential REIT by 86.3% in the 4th quarter. Invesco Ltd. now owns 1,628,903 shares of the real estate investment trust's stock valued at $30,721,000 after buying an additional 754,582 shares in the last quarter. Geode Capital Management LLC increased its holdings in ARMOUR Residential REIT by 13.6% in the fourth quarter. Geode Capital Management LLC now owns 1,304,665 shares of the real estate investment trust's stock worth $24,611,000 after buying an additional 156,514 shares during the last quarter. Finally, Norges Bank bought a new position in ARMOUR Residential REIT during the fourth quarter valued at approximately $2,619,000. Institutional investors and hedge funds own 54.17% of the company's stock.

ARMOUR Residential REIT Stock Up 4.6 %

ARR stock traded up $0.70 during mid-day trading on Friday, reaching $16.00. 3,035,237 shares of the stock traded hands, compared to its average volume of 1,802,832. The firm has a market capitalization of $1.28 billion, a PE ratio of -37.21 and a beta of 1.23. The business has a 50-day moving average of $17.08 and a two-hundred day moving average of $18.33. ARMOUR Residential REIT, Inc. has a 52 week low of $13.18 and a 52 week high of $21.93.

ARMOUR Residential REIT (NYSE:ARR - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The real estate investment trust reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.05. ARMOUR Residential REIT had a positive return on equity of 16.00% and a negative net margin of 2.61%. The firm had revenue of $75.29 million during the quarter, compared to the consensus estimate of $18.59 million. On average, equities research analysts anticipate that ARMOUR Residential REIT, Inc. will post 3.8 EPS for the current fiscal year.

ARMOUR Residential REIT Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, May 29th. Investors of record on Thursday, May 15th will be paid a dividend of $0.24 per share. This represents a $2.88 annualized dividend and a yield of 18.00%. The ex-dividend date of this dividend is Thursday, May 15th. ARMOUR Residential REIT's payout ratio is currently -669.77%.

Wall Street Analyst Weigh In

Several research firms have commented on ARR. StockNews.com downgraded shares of ARMOUR Residential REIT from a "hold" rating to a "sell" rating in a research report on Friday, February 14th. JMP Securities restated a "market perform" rating on shares of ARMOUR Residential REIT in a report on Thursday, January 23rd. Jones Trading reiterated a "hold" rating on shares of ARMOUR Residential REIT in a research note on Thursday. BTIG Research began coverage on ARMOUR Residential REIT in a research note on Monday, February 10th. They issued a "neutral" rating on the stock. Finally, B. Riley raised ARMOUR Residential REIT to a "hold" rating in a research report on Tuesday, January 7th. One analyst has rated the stock with a sell rating and five have given a hold rating to the company's stock. According to data from MarketBeat.com, ARMOUR Residential REIT has an average rating of "Hold" and a consensus target price of $20.50.

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.