The BidaskClub Downgrades ARMOUR Residential REIT, Inc. (NYSE:ARR) to Buy

James Marshall
July 8, 2017

The Applications segment includes pre-configured decision management applications designed for a specific type of business problem or process, such as marketing, account origination, customer management, fraud, collections and insurance claims management. (NYSE:ARR) were released by: Seekingalpha.com and their article: "Armour Residential: Attractive Purchase With Safe Dividend" published on February 22, 2017 as well as Seekingalpha.com's news article titled: "ARMOUR Residential REIT: The Joke Is On You" with publication date: June 27, 2017. The company's stock had a trading volume of 97,779 shares. ARMOUR Residential REIT has a 12-month low of $19.80 and a 12-month high of $27.60. It has underperformed by 1.50% the S&P500.

Separately, Zacks Investment Research raised Ellington Residential Mortgage REIT from a "hold" rating to a "buy" rating and set a $17.00 target price on the stock in a research report on Monday, May 8th. Therefore 59% are positive. Zero analysts have made estimates for Ellington Residential Mortgage REIT's earnings. On Monday, November 9 the stock rating was maintained by Deutsche Bank with "Hold". (NYSE:ARR) from a strong-buy rating to a buy rating in a report issued on Friday morning. EARN was included in 3 notes of analysts from August 6, 2015. The company has market cap of $176.88 million. The Company conducts its business through its subsidiaries, EARN OP GP LLC and Ellington Residential Mortgage LP (the Operating Partnership). It has a 9.4 P/E ratio. The Company specializes in acquiring, investing in and managing residential mortgage- and real estate-related assets.

Investors sentiment is 0 in Q4 2016. Its up 0.27, from 0.33 in 2016Q3. Ellington Residential Mortgage REIT's payout ratio is 103.23%. Finally, Hillsdale Investment Management Inc. purchased a new position in shares of Ellington Residential Mortgage REIT during the first quarter valued at approximately $243,000. It is without change, as 0 investors sold ARMOUR Residential REIT, Inc. shares while 2 reduced holdings. only 0 funds opened positions while 0 raised stakes. Ellington Residential Mortgage also recently announced a dividend that will be paid on Tuesday the 25th of July 2017. Ellington Residential Mortgage REIT had a net margin of 55.08% and a return on equity of 12.68%. Hodges Capital Management Inc., a Texas-based fund reported 609,787 shares. Northern Corp holds 0% or 33,979 shares. Ellington Residential Mortgage REIT earned a daily sentiment score of 0.38 on Accern's scale. Teachers Advisors LLC now owns 60,662 shares of the real estate investment trust's stock valued at $1,316,000 after buying an additional 1,154 shares during the last quarter. TheStreet upgraded shares of ARMOUR Residential REIT from a "d" rating to a "c" rating in a research report on Wednesday, May 24th. Blackrock Institutional Trust Company Na reported 35,074 shares. California Pub Employees Retirement Sys holds 0% in Ellington Residential Mortgage REIT (NYSE:EARN) or 37,900 shares. Bb&T Secs Lc has 10,075 shares.

Banbury Partners Llc holds 5.21% of its portfolio in Fair Isaac Corporation for 141,340 shares. About 1 shares traded. Insiders own 1.20% of the company's stock. The legal version of this piece can be read at https://www.thestockobserver.com/2017/07/07/somewhat-negative-press-coverage-very-likely-to-impact-armour-residential-reit-arr-stock-price-updated.html. After $0.78 actual earnings per share reported by Fair Isaac Corporation for the previous quarter, Wall Street now forecasts 15.38% EPS growth.

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