Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. Yesterday, Dec. 19, 2013, 110 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $371.25 to $88,750,792.00.
Highlighted Stocks Traded by Insiders:
ARMOUR Residential REIT (ARR) - FREE Research Report Zimmer Jeffrey J who is Co-CEO, President & Secretary at ARMOUR Residential REIT bought 10,000 shares at $3.74 on Dec. 19, 2013. Following this transaction, the Co-CEO, President & Secretary owned 112,720 shares meaning that the stake was reduced by 9.74% with the 10,000-share transaction.
Ulm Scott who is Co-CEO and CIO at ARMOUR Residential REIT bought 10,000 shares at $3.74 on Dec. 19, 2013. Following this transaction, the Co-CEO and CIO owned 189,172 shares meaning that the stake was reduced by 5.58% with the 10,000-share transaction.
The shares most recently traded at $3.75, up $0.01, or 0.29% since the insider transaction. Historical insider transactions for ARMOUR Residential REIT go as follows:
- 24-Week # shares bought: 10,000
The average volume for ARMOUR Residential REIT has been 4.7 million shares per day over the past 30 days. ARMOUR Residential REIT has a market cap of $1.4 billion and is part of the financial sector and real estate industry. Shares are down 42.5% year-to-date as of the close of trading on Thursday.
ARMOUR Residential REIT, Inc. is a real estate investment trust launched and managed by ARMOUR Residential Management LLC. It invests in the real estate markets of the United States. The stock currently has a dividend yield of 16.04%. The company has a P/E ratio of 2.2. Currently there is 1 analyst that rates ARMOUR Residential REIT a buy, 2 analysts rate it a sell, and 3 rate it a hold.
Exclusive Offer: Get the latest Stock Analysis on ARR - FREE TheStreet Quant Ratings rates ARMOUR Residential REIT as a
hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and a generally disappointing performance in the stock itself. Get the full
ARMOUR Residential REIT Ratings Report from
TheStreet Quant Ratings now.
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