Barclays PLC Grows Position in ARMOUR Residential REIT, Inc. (NYSE:ARR)

Barclays PLC boosted its holdings in ARMOUR Residential REIT, Inc. (NYSE:ARR) by 300.6% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 124,470 shares of the real estate investment trust’s stock after buying an additional 93,397 shares during the quarter. Barclays PLC’s holdings in ARMOUR Residential REIT were worth $2,539,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of ARR. Signaturefd LLC boosted its stake in shares of ARMOUR Residential REIT by 67.8% in the 3rd quarter. Signaturefd LLC now owns 1,374 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 555 shares during the last quarter. US Bancorp DE lifted its holdings in ARMOUR Residential REIT by 304.3% in the third quarter. US Bancorp DE now owns 6,720 shares of the real estate investment trust’s stock valued at $137,000 after acquiring an additional 5,058 shares during the period. FMR LLC boosted its position in ARMOUR Residential REIT by 36.5% in 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 last quarter. Squarepoint Ops LLC bought a new stake in shares of ARMOUR Residential REIT during the 2nd quarter valued at about $221,000. Finally, Creative Planning increased its position in shares of ARMOUR Residential REIT by 19.7% during the 3rd quarter. Creative Planning now owns 14,057 shares of the real estate investment trust’s stock valued at $287,000 after purchasing an additional 2,311 shares during the last quarter. Institutional investors own 54.17% of the company’s stock.

ARMOUR Residential REIT Trading Up 0.9 %

ARMOUR Residential REIT stock opened at $18.85 on Thursday. ARMOUR Residential REIT, Inc. has a 12-month low of $17.35 and a 12-month high of $21.93. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 7.99 and a beta of 1.49. The firm has a 50 day moving average of $19.09 and a 200 day moving average of $19.76.

ARMOUR Residential REIT (NYSE:ARR) last announced its quarterly earnings data on Wednesday, October 23rd. The real estate investment trust reported $1.00 earnings per share (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. On average, analysts predict that ARMOUR Residential REIT, Inc. will post 3.91 EPS for the current year.

ARMOUR Residential REIT Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 16th will be given a $0.24 dividend. The ex-dividend date is Monday, December 16th. This represents a $2.88 annualized dividend and a dividend yield of 15.28%. ARMOUR Residential REIT’s payout ratio is 122.03%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. StockNews.com upgraded shares of ARMOUR Residential REIT from a “sell” rating to a “hold” rating in a research report on Friday, October 25th. JMP Securities reissued 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 related news, Chairman Daniel C. Staton purchased 10,000 shares of ARMOUR Residential REIT stock in a transaction on Thursday, October 3rd. The shares were bought at an average cost of $19.86 per share, for a total transaction of $198,600.00. Following the acquisition, the chairman now owns 24,040 shares in the company, valued at approximately $477,434.40. The trade was a 71.23 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert C. Hain acquired 2,500 shares of the company’s stock in a transaction on Thursday, November 7th. The shares were bought at an average cost of $19.08 per share, with a total value of $47,700.00. Following the acquisition, the director now directly owns 9,023 shares in the company, valued at approximately $172,158.84. The trade was a 38.33 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate 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.