ARMOUR Residential REIT, Inc. $ARR Shares Acquired by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of ARMOUR Residential REIT, Inc. (NYSE:ARR) by 17.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 222,214 shares of the real estate investment trust’s stock after acquiring an additional 32,492 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.16% of ARMOUR Residential REIT worth $3,878,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Bank of New York Mellon Corp purchased a new stake in ARMOUR Residential REIT during the 2nd quarter worth about $13,757,000. Oregon Public Employees Retirement Fund grew its holdings in shares of ARMOUR Residential REIT by 10.2% during the second quarter. Oregon Public Employees Retirement Fund now owns 28,190 shares of the real estate investment trust’s stock worth $492,000 after purchasing an additional 2,600 shares during the last quarter. Kovack Advisors Inc. grew its stake in ARMOUR Residential REIT by 2.9% during the 2nd quarter. Kovack Advisors Inc. now owns 29,016 shares of the real estate investment trust’s stock worth $501,000 after buying an additional 814 shares during the last quarter. Ascentis Wealth Management LLC grew its position in shares of ARMOUR Residential REIT by 11.3% during the second quarter. Ascentis Wealth Management LLC now owns 395,000 shares of the real estate investment trust’s stock worth $6,893,000 after acquiring an additional 40,000 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in ARMOUR Residential REIT by 61.0% during the 2nd quarter. GAMMA Investing LLC now owns 3,454 shares of the real estate investment trust’s stock worth $60,000 after purchasing an additional 1,309 shares during the period. Hedge funds and other institutional investors own 54.17% of the company’s stock.

ARMOUR Residential REIT Trading Down 0.3%

NYSE:ARR opened at $16.18 on Thursday. ARMOUR Residential REIT, Inc. has a 12-month low of $13.98 and a 12-month high of $19.31. The stock’s 50 day simple moving average is $16.55 and its 200-day simple moving average is $16.95. The firm has a market cap of $2.29 billion, a P/E ratio of 4.35 and a beta of 1.36.

ARMOUR Residential REIT (NYSE:ARR) last issued its quarterly earnings results on Wednesday, July 22nd. The real estate investment trust reported $0.72 earnings per share for the quarter, hitting the consensus estimate of $0.72. The firm had revenue of $113.29 million during the quarter, compared to the consensus estimate of $111.98 million. ARMOUR Residential REIT had a return on equity of 15.10% and a net margin of 44.90%. Research analysts forecast that ARMOUR Residential REIT, Inc. will post 2.93 EPS for the current fiscal year.

ARMOUR Residential REIT Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 15th will be paid a $0.24 dividend. This represents a c) annualized dividend and a dividend yield of 17.8%. The ex-dividend date is Tuesday, September 15th. ARMOUR Residential REIT’s dividend payout ratio (DPR) is 77.42%.

Wall Street Analysts Forecast Growth

ARR has been the topic of a number of recent research reports. Zacks Research upgraded shares of ARMOUR Residential REIT from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 21st. Weiss Ratings downgraded shares of ARMOUR Residential REIT from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, August 19th. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, ARMOUR Residential REIT currently has an average rating of “Hold” and a consensus target price of $18.50.

ARMOUR Residential REIT Company Profile

ARMOUR Residential REIT (NYSE:ARR) is a mortgage real estate investment trust that was formed in 2008 to acquire and manage a portfolio of residential mortgage-backed securities (RMBS). The company’s investments are primarily agency-sponsored and agency-guaranteed RMBS issued by U.S. government-sponsored enterprises, along with credit risk transfer securities and select non-agency residential and multifamily RMBS. By focusing on high-quality mortgage assets, ARMOUR Residential REIT seeks to generate stable income and preserve capital through diversified exposure to the U.S.