UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 32,351 Shares of 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) by 42.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 108,029 shares of the real estate investment trust’s stock after acquiring an additional 32,351 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in ARMOUR Residential REIT were worth $2,204,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of ARR. Signaturefd LLC raised its holdings in shares of ARMOUR Residential REIT by 67.8% during the 3rd quarter. Signaturefd LLC now owns 1,374 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 555 shares in the last quarter. Global Retirement Partners LLC raised its stake in ARMOUR Residential REIT by 5.4% during the third quarter. Global Retirement Partners LLC now owns 28,941 shares of the real estate investment trust’s stock valued at $590,000 after purchasing an additional 1,490 shares in the last quarter. Kovack Advisors Inc. raised its stake in ARMOUR Residential REIT by 7.8% during the third quarter. Kovack Advisors Inc. now owns 20,858 shares of the real estate investment trust’s stock valued at $426,000 after purchasing an additional 1,513 shares in the last quarter. FMR LLC lifted its position 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 valued at $153,000 after purchasing an additional 2,003 shares during the last quarter. Finally, Creative Planning grew its stake in shares of ARMOUR Residential REIT by 19.7% in the 3rd quarter. Creative Planning now owns 14,057 shares of the real estate investment trust’s stock worth $287,000 after buying an additional 2,311 shares in the last quarter. Hedge funds and other institutional investors own 54.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on ARR shares. StockNews.com raised shares of ARMOUR Residential REIT from a “sell” rating to a “hold” rating in a report on Friday, October 25th. JMP Securities restated a “market perform” rating on shares of ARMOUR Residential REIT in a research report on Wednesday, August 28th.

ARMOUR Residential REIT Stock Down 0.4 %

ARR stock opened at $19.38 on Monday. ARMOUR Residential REIT, Inc. has a twelve month low of $17.35 and a twelve month high of $21.93. The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of 8.21 and a beta of 1.49. The firm’s fifty day simple moving average is $19.22 and its two-hundred day simple moving average is $19.80.

ARMOUR Residential REIT (NYSE:ARR) last released its quarterly earnings results on Wednesday, October 23rd. The real estate investment trust reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.01. ARMOUR Residential REIT had a net margin of 24.17% and a return on equity of 16.76%. The firm had revenue of $127.06 million during the quarter, compared to analysts’ expectations of $10.95 million. As a group, equities research analysts expect that ARMOUR Residential REIT, Inc. will post 3.91 EPS for the current year.

ARMOUR Residential REIT Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 16th will be paid a dividend of $0.24 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 14.86%. The ex-dividend date is Monday, December 16th. ARMOUR Residential REIT’s dividend payout ratio is currently 122.03%.

Insider Activity at ARMOUR Residential REIT

In related news, Director Robert C. Hain bought 2,500 shares of ARMOUR Residential REIT stock in a transaction dated Thursday, November 7th. The shares were acquired at an average cost of $19.08 per share, with a total value of $47,700.00. Following the completion of the transaction, the director now owns 9,023 shares in the company, valued at $172,158.84. The trade was a 38.33 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Chairman Daniel C. Staton purchased 10,000 shares of the firm’s stock in a transaction dated Thursday, October 3rd. The shares were bought at an average cost of $19.86 per share, with a total value of $198,600.00. Following the purchase, the chairman now directly owns 24,040 shares of the company’s stock, valued at approximately $477,434.40. This represents a 71.23 % increase in their position. The disclosure for this purchase can be found here. 0.35% of the stock is owned by company insiders.

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.