Stock analysts at Ladenburg Thalmann set a $5.50 price objective on shares of ARMOUR Residential REIT (NYSE:ARR) stock in a report issued on Friday, AmericanBankingNews.com reports. Ladenburg Thalmann’s target price indicates a potential upside of 27.02% from the company’s current price. ARMOUR Residential REIT, Inc. (NYSE:ARR) shares after opening at $4.30 moved to $4.34 on last trade day and at the end of the day closed at $4.29. Company price to sales ratio in past twelve months was calculated as 2.67 and price to cash ratio as 3.20. ARMOUR Residential REIT, Inc. (NYSE:ARR) showed a positive weekly performance of 1.90%.
American Capital Agency (NASDAQ:AGNC) announced that it has promoted Ryan Brauns to Head of Sponsor Finance effective March 1, 2014. In his new role, Mr. Brauns will be responsible for overseeing the Sponsor Finance Group, a dedicated, standalone team of professionals exclusively focused on providing capital to the financial sponsor community. American Capital Agency Corp. (NASDAQ:AGNC) shares fell -0.44% in last trading session and ended the day on $22.56.AGNC return on equity ratio is recorded as 14.80% and its return on assets is 1.60%. American Capital Agency Corp. (NASDAQ:AGNC) yearly performance is -20.93%.
Two Harbors Investment Corp (NYSE:TWO) is a New York-based real estate investment company. It has been investing in as well as financing several projects. The company is also engaged in managing residential as well as mortgage-backed securities, besides a range of residential mortgage segment as well. The focus for the company has been in selecting the security of the investment over the implementation of the value of the investment. Two Harbors Investment Corp (NYSE:TWO) shares moved down -0.19% in last trading session and was closed at $10.57, while trading in range of $10.56-$10.70. Two Harbors Investment Corp (NYSE:TWO) year to date performance is 13.90%.
Chief Executive Officer of Altisource Residential Corp (NYSE:RESI), Ashish Pandey bought 10,000 shares of the company stock in the open market in the transaction that was dated February 24th. These shares were acquired at an average-cost of $27.21/ share, and the total transaction value was $272,100.00. Post completion of this acquisition, the Pandey now directly-owns 30,011 shares of Altisource Residential Corp (NYSE:RESI) stock, valued at around $816,599. This transaction was disclosed in the legal-filing with the SEC. Altisource Residential Corp (NYSE:RESI) weekly performance is 2.52%. On last trading day company shares ended up $29.97. Altisource Residential Corp (NYSE:RESI) distance from 50-day simple moving average is 5.92%.