ARMOUR Residential REIT, Inc. (ARR) CFO Acquires $91,960.00 in Stock

ARMOUR Residential REIT, Inc. (NYSE:ARR) CFO James R. Mountain bought 4,000 shares of the stock in a transaction dated Friday, February 16th. The stock was purchased at an average cost of $22.99 per share, with a total value of $91,960.00. Following the completion of the purchase, the chief financial officer now directly owns 23,579 shares in the company, valued at approximately $542,081.21. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

ARMOUR Residential REIT, Inc. (ARR) traded up $0.20 during midday trading on Friday, hitting $23.26. The stock had a trading volume of 354,149 shares, compared to its average volume of 516,326. The firm has a market cap of $965.49, a PE ratio of 4.57 and a beta of 0.55. ARMOUR Residential REIT, Inc. has a one year low of $21.30 and a one year high of $27.60.

ARMOUR Residential REIT (NYSE:ARR) last announced its quarterly earnings data on Tuesday, February 13th. The real estate investment trust reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.03. ARMOUR Residential REIT had a return on equity of 9.39% and a net margin of 76.46%. During the same quarter in the previous year, the firm earned $0.71 earnings per share. equities analysts predict that ARMOUR Residential REIT, Inc. will post 2.69 earnings per share for the current year.

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, February 27th. Investors of record on Thursday, February 15th will be paid a dividend of $0.19 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 9.80%. ARMOUR Residential REIT’s dividend payout ratio (DPR) is presently 45.06%.

Several institutional investors have recently made changes to their positions in the stock. BlackRock Inc. grew its stake in shares of ARMOUR Residential REIT by 0.9% during the fourth quarter. BlackRock Inc. now owns 6,091,250 shares of the real estate investment trust’s stock worth $156,667,000 after purchasing an additional 55,576 shares during the period. Vanguard Group Inc. grew its stake in shares of ARMOUR Residential REIT by 4.7% during the second quarter. Vanguard Group Inc. now owns 3,220,482 shares of the real estate investment trust’s stock worth $80,512,000 after purchasing an additional 143,749 shares during the period. Global X Management Co. LLC grew its stake in shares of ARMOUR Residential REIT by 2.7% during the fourth quarter. Global X Management Co. LLC now owns 914,357 shares of the real estate investment trust’s stock worth $23,517,000 after purchasing an additional 24,406 shares during the period. Global X MANAGEMENT CO LLC grew its stake in shares of ARMOUR Residential REIT by 5.6% during the third quarter. Global X MANAGEMENT CO LLC now owns 889,951 shares of the real estate investment trust’s stock worth $23,940,000 after purchasing an additional 47,313 shares during the period. Finally, State Street Corp grew its stake in shares of ARMOUR Residential REIT by 4.5% during the second quarter. State Street Corp now owns 819,433 shares of the real estate investment trust’s stock worth $20,483,000 after purchasing an additional 35,592 shares during the period. 58.68% of the stock is owned by institutional investors and hedge funds.

Separately, Zacks Investment Research cut ARMOUR Residential REIT from a “buy” rating to a “hold” rating in a research note on Monday, January 1st.

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ARMOUR Residential REIT Company Profile

ARMOUR Residential REIT, Inc is a real estate investment trust. The Company invests in and manages a leveraged portfolio of mortgage-backed securities (MBS) and mortgage loans. The Company invests in residential mortgage backed securities issued or guaranteed by a United States Government-sponsored enterprise (GSE), such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation, or a government agency, such as the Government National Mortgage Association (collectively, Agency Securities).

Insider Buying and Selling by Quarter for ARMOUR Residential REIT (NYSE:ARR)

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