Institutional Investors Are Buying Ellington Financial LLC (NYSE:EFC)

Sentiment for Ellington Financial LLC (NYSE:EFC)

Ellington Financial LLC (NYSE:EFC) institutional sentiment increased to 2.25 in Q2 2018. Its up 1.57, from 0.68 in 2018Q1. The ratio has improved, as 18 funds started new or increased equity positions, while 8 sold and reduced stock positions in Ellington Financial LLC. The funds in our partner’s database now hold: 12.90 million shares, up from 12.89 million shares in 2018Q1. Also, the number of funds holding Ellington Financial LLC in their top 10 equity positions decreased from 4 to 3 for a decrease of 1. Sold All: 2 Reduced: 6 Increased: 13 New Position: 5.

Ellington Financial LLC, through its subsidiary Ellington Financial Operating Partnership LLC, operates as a specialty finance firm in the United States. The company has market cap of $470.61 million. It primarily acquires and manages mortgage-related assets, including residential mortgage-backed securities backed by prime jumbo, Alt-A, manufactured housing, and subprime residential mortgage loans; RMBS for which the principal and interest payments are guaranteed by the U.S. government agency or the U.S. government-sponsored entity; residential mortgage loans; commercial mortgage-backed securities; commercial mortgage loans and other commercial real estate debt; mortgage servicing rights; and real property and mortgage-related derivatives. It has a 8.65 P/E ratio. The firm also invests in corporate debt and equity securities, including distressed debt, collateralized loan obligations, and non-mortgage-related derivatives; and other financial assets, including private debt and equity investments in mortgage-related entities.

The stock increased 0.32% or $0.05 during the last trading session, reaching $15.57. About 77,910 shares traded or 21.49% up from the average. Ellington Financial LLC (NYSE:EFC) has risen 2.12% since December 8, 2017 and is uptrending. It has underperformed by 13.50% the S&P500.

Analysts await Ellington Financial LLC (NYSE:EFC) to report earnings on February, 12. They expect $0.36 EPS, up 63.64 % or $0.14 from last year’s $0.22 per share. EFC’s profit will be $10.88M for 10.81 P/E if the $0.36 EPS becomes a reality. After $0.40 actual EPS reported by Ellington Financial LLC for the previous quarter, Wall Street now forecasts -10.00 % negative EPS growth.

Bbr Partners Llc holds 3.17% of its portfolio in Ellington Financial LLC for 1.21 million shares. American Financial Group Inc owns 1.88 million shares or 2.81% of their US portfolio. Moreover, West Family Investments Inc. has 1.89% invested in the company for 491,555 shares. The Connecticut-based Ellington Management Group Llc has invested 1.12% in the stock. Greenwich Investment Management Inc., a Connecticut-based fund reported 62,932 shares.

More notable recent Ellington Financial LLC (NYSE:EFC) news were published by: Businesswire.com which released: “Ellington Financial LLC Reports Estimated Book Value Per Share as of October 31, 2018 – Business Wire” on November 07, 2018, also Businesswire.com with their article: “Ellington Financial LLC 2016 K-1 Tax Package Now Available – Business Wire” published on March 24, 2017, Seekingalpha.com published: “Ellington Financial LLC 2018 Q3 – Results – Earnings Call Slides – Seeking Alpha” on November 08, 2018. More interesting news about Ellington Financial LLC (NYSE:EFC) were released by: Seekingalpha.com and their article: “High Yield Strategy Fails Again – Seeking Alpha” published on July 17, 2018 as well as Seekingalpha.com‘s news article titled: “DHI Group, Inc. (DHX) CEO Art Zeile on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: November 03, 2018.

Ellington Financial LLC (NYSE:EFC) Institutional Positions Chart

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