12,079 Shares in Orchid Island Capital, Inc. (NYSE:ORC) Bought by Two Sigma Securities LLC

Two Sigma Securities LLC acquired a new stake in Orchid Island Capital, Inc. (NYSE:ORC) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 12,079 shares of the real estate investment trust’s stock, valued at approximately $94,000.

Other large investors also recently bought and sold shares of the company. McIlrath & Eck LLC acquired a new position in shares of Orchid Island Capital during the third quarter worth about $58,000. Barclays PLC increased its position in Orchid Island Capital by 409.6% during the 3rd quarter. Barclays PLC now owns 94,005 shares of the real estate investment trust’s stock worth $773,000 after purchasing an additional 75,557 shares during the period. Virtu Financial LLC purchased a new position in shares of Orchid Island Capital during the 3rd quarter worth approximately $152,000. JPMorgan Chase & Co. lifted its holdings in shares of Orchid Island Capital by 89.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 61,525 shares of the real estate investment trust’s stock valued at $506,000 after buying an additional 29,073 shares during the period. Finally, Nisa Investment Advisors LLC boosted its stake in shares of Orchid Island Capital by 7.7% in the fourth quarter. Nisa Investment Advisors LLC now owns 47,858 shares of the real estate investment trust’s stock valued at $378,000 after buying an additional 3,410 shares in the last quarter. Hedge funds and other institutional investors own 32.74% of the company’s stock.

Orchid Island Capital Stock Performance

ORC opened at $7.07 on Friday. The company has a market cap of $659.59 million, a price-to-earnings ratio of 11.78 and a beta of 1.68. Orchid Island Capital, Inc. has a one year low of $5.69 and a one year high of $9.01. The business’s fifty day moving average is $7.49 and its two-hundred day moving average is $7.82.

Orchid Island Capital (NYSE:ORC) last released its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $0.16 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.02). The company had revenue of $19.71 million for the quarter, compared to analyst estimates of $11.96 million. On average, analysts predict that Orchid Island Capital, Inc. will post 0.37 EPS for the current fiscal year.

Orchid Island Capital Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Wednesday, April 30th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 20.37%. Orchid Island Capital’s dividend payout ratio (DPR) is 360.00%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on ORC shares. Jones Trading reissued a “hold” rating on shares of Orchid Island Capital in a report on Wednesday. StockNews.com downgraded shares of Orchid Island Capital from a “hold” rating to a “sell” rating in a report on Thursday, March 27th. Finally, JMP Securities restated a “market perform” rating on shares of Orchid Island Capital in a research report on Thursday, January 23rd.

Orchid Island Capital Company Profile

Orchid Island Capital, Inc, a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company’s RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS. Its portfolio includes traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS comprising interest only securities, inverse interest only securities, and principal only securities.