UBS Group AG Has $20.43 Million Stake in ARMOUR Residential REIT, Inc. $ARR

UBS Group AG lifted its stake in ARMOUR Residential REIT, Inc. (NYSE:ARR) by 4.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,154,875 shares of the real estate investment trust’s stock after buying an additional 45,023 shares during the period. UBS Group AG owned approximately 1.03% of ARMOUR Residential REIT worth $20,430,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in ARR. GAMMA Investing LLC raised its holdings in ARMOUR Residential REIT by 217.5% in the 4th quarter. GAMMA Investing LLC now owns 1,721 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 1,179 shares in the last quarter. Signaturefd LLC grew its holdings in shares of ARMOUR Residential REIT by 210.9% during the 4th quarter. Signaturefd LLC now owns 1,766 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 1,198 shares in the last quarter. Quarry LP increased its position in shares of ARMOUR Residential REIT by 620.6% in the third quarter. Quarry LP now owns 1,823 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 1,570 shares during the period. Danske Bank A S bought a new position in shares of ARMOUR Residential REIT in the third quarter worth $42,000. Finally, EverSource Wealth Advisors LLC raised its stake in ARMOUR Residential REIT by 120.8% in the third quarter. EverSource Wealth Advisors LLC now owns 2,893 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 1,583 shares in the last quarter. Institutional investors and hedge funds own 54.17% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on ARR. Zacks Research raised shares of ARMOUR Residential REIT from a “strong sell” rating to a “hold” rating in a research report on Friday, March 20th. JonesTrading dropped their target price on shares of ARMOUR Residential REIT from $20.00 to $19.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. UBS Group reaffirmed a “neutral” rating and set a $18.00 price target (up from $17.50) on shares of ARMOUR Residential REIT in a report on Friday, April 24th. Wall Street Zen lowered shares of ARMOUR Residential REIT from a “hold” rating to a “sell” rating in a research report on Saturday, February 21st. Finally, Weiss Ratings cut shares of ARMOUR Residential REIT from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, March 20th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $18.50.

ARMOUR Residential REIT Stock Up 0.5%

Shares of ARR stock opened at $17.71 on Tuesday. The business has a fifty day simple moving average of $17.22 and a 200 day simple moving average of $17.37. The company has a market cap of $2.20 billion, a P/E ratio of 9.23 and a beta of 1.39. ARMOUR Residential REIT, Inc. has a twelve month low of $13.98 and a twelve month high of $19.31.

ARMOUR Residential REIT (NYSE:ARR) last released its earnings results on Wednesday, April 22nd. The real estate investment trust reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.03. The firm had revenue of $70.71 million for the quarter, compared to analysts’ expectations of $155.79 million. ARMOUR Residential REIT had a return on equity of 15.39% and a net margin of 27.43%. As a group, equities research analysts anticipate that ARMOUR Residential REIT, Inc. will post 2.82 earnings per share for the current fiscal year.

ARMOUR Residential REIT Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, May 28th. Investors of record on Friday, May 15th will be given a dividend of $0.24 per share. This represents a c) dividend on an annualized basis and a yield of 16.3%. The ex-dividend date is Friday, May 15th. ARMOUR Residential REIT’s dividend payout ratio is currently 150.00%.

About ARMOUR Residential REIT

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.