Yousif Capital Management LLC Has $467,000 Stock Holdings in ARMOUR Residential REIT, Inc. (NYSE:ARR)

Yousif Capital Management LLC reduced its holdings in shares of ARMOUR Residential REIT, Inc. (NYSE:ARR) by 81.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 24,187 shares of the real estate investment trust’s stock after selling 109,595 shares during the period. Yousif Capital Management LLC’s holdings in ARMOUR Residential REIT were worth $467,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. SG Americas Securities LLC acquired a new stake in ARMOUR Residential REIT during the third quarter valued at approximately $374,000. State of Alaska Department of Revenue boosted its stake in ARMOUR Residential REIT by 10.5% in the 3rd quarter. State of Alaska Department of Revenue now owns 142,147 shares of the real estate investment trust’s stock valued at $604,000 after buying an additional 13,505 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in ARMOUR Residential REIT by 15.5% during the third quarter. Commonwealth Equity Services LLC now owns 20,060 shares of the real estate investment trust’s stock worth $85,000 after acquiring an additional 2,699 shares in the last quarter. Cambridge Investment Research Advisors Inc. bought a new position in shares of ARMOUR Residential REIT during the third quarter valued at $101,000. Finally, Xponance Inc. boosted its stake in shares of ARMOUR Residential REIT by 14.9% in the 3rd quarter. Xponance Inc. now owns 13,306 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 1,727 shares in the last quarter. Institutional investors own 54.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on ARR shares. StockNews.com cut shares of ARMOUR Residential REIT from a “hold” rating to a “sell” rating in a research report on Friday, April 5th. JMP Securities reaffirmed a “market perform” rating on shares of ARMOUR Residential REIT in a report on Thursday, April 18th.

ARMOUR Residential REIT Stock Performance

Shares of NYSE:ARR opened at $19.02 on Monday. The business has a fifty day moving average of $18.99 and a 200-day moving average of $18.47. ARMOUR Residential REIT, Inc. has a twelve month low of $13.31 and a twelve month high of $27.00. The firm has a market cap of $927.23 million, a PE ratio of -26.42 and a beta of 1.48.

ARMOUR Residential REIT (NYSE:ARR) last posted its quarterly earnings data on Friday, April 26th. The real estate investment trust reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.22. ARMOUR Residential REIT had a negative net margin of 3.83% and a positive return on equity of 15.68%. The firm had revenue of $141.48 million during the quarter, compared to analysts’ expectations of $39.60 million. On average, analysts anticipate that ARMOUR Residential REIT, Inc. will post 3.46 EPS for the current fiscal year.

ARMOUR Residential REIT Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, May 28th. Investors of record on Wednesday, May 15th will be given a $0.24 dividend. This represents a $2.88 annualized dividend and a yield of 15.14%. The ex-dividend date of this dividend is Tuesday, May 14th. ARMOUR Residential REIT’s dividend payout ratio (DPR) is presently -399.99%.

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.