Zacks Investment Research Lowers Ellington Residential Mortgage REIT (EARN) to Hold

06/23/2015 - ARMOUR Residential REIT, Inc. was upgraded to "buy" by analysts at MLV & Co. After posting $0.53 EPS for the previous quarter, Ellington Residential Mortgage REIT's analysts now forecast -18.87 % negative EPS growth. Shares for $110,640 were bought by ULM SCOTT on Tuesday, March 21. American International Group Inc. now owns 22,617 shares of the real estate investment trust's stock valued at $514,000 after buying an additional 1,482 shares during the last quarter. Acadian Asset Management LLC increased its position in shares of Ellington Residential Mortgage REIT by 11.4% in the first quarter. Accern also assigned news headlines about the real estate investment trust an impact score of 33 out of 100, meaning that recent media coverage is unlikely to have an effect on the stock's share price in the near term.

Ellington Residential Mortgage REIT is a real estate investment trust. Ellington Residential Mortgage REIT had a net margin of 55.08% and a return on equity of 12.68%. California Public Employees Retirement System now owns 40,100 shares of the real estate investment trust's stock worth $588,000 after buying an additional 2,200 shares in the last quarter. Ellington Residential Mtg had 3 analyst reports since August 6, 2015 according to SRatingsIntel. (NYSE:ARR) has "Reduce" rating given on Wednesday, February 24 by Nomura. 484,402 shares of the company were exchanged. The stock has a 50-day moving average price of $14.74 and a 200-day moving average price of $14.24. The value of the investment in Ellington Residential Mortgage increased from $91,000 to $153,000 a change of 68.1% for the reporting period. The company has market cap of $1.04 billion.

Analysts expect Xcel Energy Inc (NYSE:XEL) to report $0.42 EPS on August, 2.They anticipate $0.03 EPS change or 7.69% from last quarter's $0.39 EPS. The real estate investment trust reported $0.69 EPS for the quarter, topping the Zacks' consensus estimate of $0.62 by $0.07. The business had revenue of $9.15 million during the quarter. As of the last earnings report the EPS was $1.56 and is expected to be $1.82 for the current year with 9,130,000 shares now outstanding.

What Are Analysts Suggestions On New York Community Bancorp Inc. (NYCB)
ValuEngine upgraded New York Community Bancorp from a hold rating to a buy rating in a research report on Thursday, May 11th. US Bancorp DE's holdings in New York Community Bancorp were worth $519,000 as of its most recent filing with the SEC.

Analysts await ARMOUR Residential REIT, Inc.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 25th.

Ellington Residential Mortgage REIT (NYSE:EARN) institutional sentiment decreased to 0.75 in 2016 Q4. The ex-dividend date of this dividend is Wednesday, June 28th. This represents a $1.60 annualized dividend and a dividend yield of 10.89%. ARMOUR Residential REIT's dividend payout ratio (DPR) is now 30.94%. Goldman Sachs Group Inc cut its holdings by shedding 34,677 shares a decrease of 26.1% as of 03/31/2017. "(ARR)" was posted by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this report on another site, it was illegally copied and republished in violation of U.S. & worldwide copyright legislation. Jpmorgan Chase And has 0% invested in Ellington Residential Mortgage REIT (NYSE:EARN) for 1,020 shares.

Plains All American Pipeline LP (NYSE:PAA)
The net profit margin for the company is reported at 6.00% while the weekly performance for the same has been recorded at 3.03%. Cullen Frost Bankers holds 1.41% of its portfolio in Facebook Inc (NASDAQ:FB) for 355,783 shares. (NYSE:ALV) or 4,826 shares.

A number of brokerages have weighed in on ARR. Stockholders of record on Friday, June 30th will be issued a dividend of $0.40 per share. Finally, Allianz Asset Management AG increased its stake in ARMOUR Residential REIT by 88.4% in the fourth quarter. The rating was maintained by Citigroup with "Neutral" on Monday, September 14. The stock now has an average rating of "Hold" and a consensus price target of $21.63.

Among 2 analysts covering Ellington Residential Mtg (NYSE:EARN), 0 have Buy rating, 0 Sell and 2 Hold. The shares were purchased at an average price of $25.05 per share, for a total transaction of $50,100.00. The institutional investor acquired 136,831 shares of the real estate investment trust's stock, valued at approximately $2,013,000. Penn Mutual Life Insurance Company sold 136,000 shares as the company's stock rose 15.85% with the market. Wells Fargo And Mn has 0% invested in Ellington Residential Mortgage REIT (NYSE:EARN). The Company constructs and managing a portfolio consisting of residential mortgage-backed securities (RMBS) for which the principal and interest payments are guaranteed by the United States Government agency or the United States Government-sponsored entity (Agency RMBS) and, to a lesser extent, RMBS backed by prime jumbo, Alternative A-paper (Alt-A) manufactured housing, and subprime residential mortgage loans (non-Agency RMBS).

Coherus BioSciences (CHRS) Getting Negative News Coverage, Report Finds
An increasing ROE indicates that a company is improving its ability to make profit without requiring as much capital. BMO Capital Markets analysts stated on 05/05/2017 that they launched coverage on this stock with Outperform rating.

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