REIT Residential – ARMOUR Residential REIT, Inc. (NYSE:ARR), Altisource Residential (NYSE:RESI), CYS Investments Inc (NYSE:CYS), Two Harbors Investment (NYSE:TWO)

ARMOUR Residential REIT, Inc. (NYSE:ARR)  confirmed the Q1 2014 monthly cash dividends for the Company’s Common Stock and Series A and Series B Preferred Stock. ARMOUR Residential REIT, Inc. (NYSE:ARR) stock opened at $4.07 in last session, and closed at $4.04, while the day range of stock is $4.00 – $ 4.08. The stock showed a positive weekly performance of 0.50%.

Altisource Residential Corporation (“Residential”) (NYSE:RESI) announced  the pricing of an underwritten public offering of 14,200,000 shares of its common stock at $34.00 per share. Residential intends to use the net proceeds from the offering to purchase non-performing and sub-performing residential mortgage loans and for general corporate purposes. Altisource Residential Corp (NYSE:RESI) stock opened at $33.71, in last session and closed at $33.69, by losing -0.62%. The 52 week range of the stock is $15.41 – $35.05. Company’s market capitalization is $1.42 billion.

CYS Investments Inc (NYSE:CYS) announced that it will host the 2014 CYS Analyst and Investor Day on Monday, April 28, 2014, from 9:00 a.m. to 1:30 p.m. in Boston, Massachusetts. CYS Investments Inc (NYSE:CYS) stock advanced 0.26% and finished the last session at $7.60. The EPS of the stock remained -2.52. Company’s market capitalization is $1.27 billion.

Two Harbors Investment Corp.(NYSE:TWO) the US based Real estate Investment major, has a major focus on the residential real estate and is also seen as a financial participant in this sector. The company is holding company for Maryland Corporation and invests in mortgage backed securities for residential properties. Two Harbors Investment Corp (NYSE:TWO) stock opened the session at $9.78, and closed the session at $9.81. The 52 week range of the stock remained $8.94 – $14.02 and the day range was $9.73 – $9.81.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *