Ellington Financial LLC (NYSE:EFC) is expected to pay $0.45 on Dec 15, 2016. The indicated annual dividend is $1.80. Shareholders owning the stock before Nov 29, 2016 will be eligible to receive the payout. Based on Ellington Financial LLC’s current price of $16.63, the dividend is 2.71%. This dividend’s record date is Dec 1, 2016 and the announcement date is Nov 1, 2016. The stock increased 0.97% or $0.16 on November 25, hitting $16.63. Ellington Financial LLC (NYSE:EFC) has declined 2.69% since April 25, 2016 and is downtrending. It has underperformed by 8.70% the S&P500.
Ellington Financial LLC is a specialty finance Company that acquires and manages mortgage-related and other financial assets. The company has a market cap of $546.84 million.
Insitutional Activity: The institutional sentiment increased to 1.07 in Q2 2016. Its up 0.30, from 0.77 in 2016Q1. The ratio improved, as 10 funds sold all Ellington Financial LLC shares owned while 12 reduced positions. 3 funds bought stakes while 14 increased positions. They now own 15.35 million shares or 1.15% more from 15.18 million shares in 2016Q1.
Fmr Lc has invested 0% of its portfolio in Ellington Financial LLC (NYSE:EFC). The New York-based Edge Wealth Management Ltd Llc has invested 0.13% in Ellington Financial LLC (NYSE:EFC). Moreover, State Treasurer State Of Michigan has 0.21% invested in Ellington Financial LLC (NYSE:EFC) for 1.54 million shares. Renaissance Techs Limited Liability Company reported 93,000 shares or 0% of all its holdings. Gsa Prtnrs Ltd Liability Partnership last reported 25,000 shares in the company. Kcg accumulated 0.01% or 14,271 shares. Petrus Tru Co Lta accumulated 0.97% or 250,000 shares. Savings Bank Of America Corp De has 227,027 shares for 0% of their US portfolio. Fincl Gru, a Ohio-based fund reported 1.05 million shares. Mutual Of America Capital Management Limited Company has 400,711 shares for 0.15% of their US portfolio. Pnc Financial Ser accumulated 1,900 shares or 0% of the stock. Acadian Asset Mngmt Ltd Liability holds 0% or 17,029 shares in its portfolio. Reservoir Ops Ltd Partnership has 3.92% invested in the company for 183,210 shares. Peak6 Invests Ltd Partnership last reported 0% of its portfolio in the stock. Deere & has 25,366 shares for 0.02% of their US portfolio.
Ellington Financial LLC (NYSE:EFC) Ratings Coverage
Out of 4 analysts covering Ellington Financial (NYSE:EFC), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. Ellington Financial has been the topic of 8 analyst reports since August 10, 2015 according to StockzIntelligence Inc. On Monday, November 9 the stock rating was maintained by Deutsche Bank with “Buy”. Maxim Group maintained the stock with “Buy” rating in Thursday, February 18 report. The rating was maintained by Maxim Group on Thursday, August 13 with “Buy”. The rating was maintained by Deutsche Bank with “Buy” on Monday, August 10. Maxim Group maintained Ellington Financial LLC (NYSE:EFC) rating on Tuesday, October 11. Maxim Group has “Buy” rating and $20 price target. Maxim Group maintained Ellington Financial LLC (NYSE:EFC) on Monday, August 10 with “Buy” rating. The rating was initiated by FBR Capital on Thursday, April 21 with “Outperform”.
More notable recent Ellington Financial LLC (NYSE:EFC) news were published by: Prnewswire.com which released: “Ellington Financial LLC Reports Estimated Book Value Per Share As Of October …” on November 07, 2016, also Prnewswire.com with their article: “Ellington Financial LLC Reports Third Quarter 2016 Results” published on November 03, 2016, Prnewswire.com published: “Ellington Financial LLC Announces Third Quarter Dividend of $0.45 Per Share” on October 31, 2016. More interesting news about Ellington Financial LLC (NYSE:EFC) were released by: Marketwatch.com and their article: “Virtual Stock Exchange” published on April 18, 2011 as well as Prnewswire.com‘s news article titled: “Ellington Financial LLC 2015 K-1 Tax Package Now Available” with publication date: March 18, 2016.
EFC Company Profile
Ellington Financial LLC, incorporated on July 9, 2007, is a specialty finance Company that acquires and manages mortgage-related and other financial assets. The Firm is focused on assets, including residential mortgage-backed securities (RMBS) backed by prime jumbo, Alternative A-paper (Alt-A) manufactured housing and subprime residential mortgage loans, collectively referred to as non-Agency RMBS; RMBS, for which the principal and interest payments are guaranteed by the United States government agency or the United States government-sponsored entity (Agency RMBS); residential mortgage loans; mortgage servicing rights (MSRs); mortgage-related derivatives; commercial mortgage-backed securities (CMBS), commercial mortgage loans and other commercial real estate debt; collateralized loan obligations (CLOs); consumer loans and asset-backed securities (ABS) backed by consumer and commercial assets, and corporate debt and equity securities and derivatives. In addition, the Company acquires and manages other types of mortgage-related and financial assets, such as real property and non-mortgage-related derivatives. It has investments in the debt and/or equity of, other entities engaged in mortgage-related businesses, such as mortgage originators and other mortgage-related entities.
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