Quantbot Technologies LP Buys 46,902 Shares of Ellington Financial Inc. $EFC

Quantbot Technologies LP grew its stake in shares of Ellington Financial Inc. (NYSE:EFC) by 442.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 57,496 shares of the financial services provider’s stock after acquiring an additional 46,902 shares during the quarter. Quantbot Technologies LP’s holdings in Ellington Financial were worth $746,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of EFC. Huntington National Bank raised its position in shares of Ellington Financial by 134.4% in the 2nd quarter. Huntington National Bank now owns 2,752 shares of the financial services provider’s stock valued at $36,000 after acquiring an additional 1,578 shares during the period. Steward Partners Investment Advisory LLC boosted its stake in Ellington Financial by 93.9% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 3,582 shares of the financial services provider’s stock worth $47,000 after acquiring an additional 1,735 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in Ellington Financial by 535.9% during the third quarter. Hantz Financial Services Inc. now owns 6,181 shares of the financial services provider’s stock valued at $80,000 after purchasing an additional 5,209 shares during the period. Allworth Financial LP grew its holdings in Ellington Financial by 1,239.4% during the second quarter. Allworth Financial LP now owns 6,697 shares of the financial services provider’s stock valued at $87,000 after purchasing an additional 6,197 shares during the period. Finally, Tower Research Capital LLC TRC increased its stake in Ellington Financial by 227.6% in the second quarter. Tower Research Capital LLC TRC now owns 6,853 shares of the financial services provider’s stock valued at $89,000 after purchasing an additional 4,761 shares in the last quarter. 55.62% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have weighed in on EFC. Weiss Ratings reiterated a “hold (c)” rating on shares of Ellington Financial in a report on Wednesday, January 21st. Wall Street Zen lowered shares of Ellington Financial from a “hold” rating to a “sell” rating in a report on Saturday. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $14.56.

Ellington Financial Trading Down 1.3%

NYSE:EFC opened at $12.04 on Friday. The company has a debt-to-equity ratio of 11.02, a current ratio of 47.25 and a quick ratio of 50.60. The business’s 50-day simple moving average is $13.15 and its 200-day simple moving average is $13.42. Ellington Financial Inc. has a fifty-two week low of $11.12 and a fifty-two week high of $14.12. The stock has a market capitalization of $1.50 billion, a PE ratio of 9.79 and a beta of 0.95.

Ellington Financial (NYSE:EFC) last posted its earnings results on Wednesday, February 25th. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.03. The business had revenue of $96.44 million during the quarter, compared to analysts’ expectations of $132.07 million. Ellington Financial had a return on equity of 14.62% and a net margin of 53.10%. Sell-side analysts expect that Ellington Financial Inc. will post 1.38 earnings per share for the current fiscal year.

Ellington Financial Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be given a dividend of $0.13 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 13.0%. Ellington Financial’s dividend payout ratio is currently 126.83%.

Ellington Financial Company Profile

Ellington Financial, Inc (NYSE: EFC) is a mortgage real estate investment trust (REIT) that focuses on generating attractive risk-adjusted returns through investments in residential and commercial mortgage-related assets. Established in 2013, the company is externally managed by Ellington Financial Management, L.P., a subsidiary of Ellington Management Group, an alternative asset management firm. EFC’s core strategy centers on actively acquiring and managing agency and non-agency residential mortgage-backed securities (MBS), mortgage servicing rights, residential whole loans, and other structured finance instruments, including asset-backed securities and commercial mortgage-backed securities (CMBS).

The company employs leverage and structured financing tools—such as repurchase agreements and secured credit facilities—to enhance portfolio yield while maintaining focus on risk mitigation.