Institutional Investor Sentiment About Ellington Financial LLC (NYSE:EFC) Up

December 5, 2017 - By Clifton Ray

 Institutional Investor Sentiment About Ellington Financial LLC (NYSE:EFC)  Up

Sentiment for Ellington Financial LLC (NYSE:EFC)

Ellington Financial LLC (NYSE:EFC) institutional sentiment is 1.64 in 2017 Q2. Its the same as in 2017Q1. The ratio is the same, as only 23 institutional investors opened new and increased stock positions, while 14 decreased and sold their stock positions in Ellington Financial LLC. The institutional investors in our partner’s database now own: 15.16 million shares, down from 15.56 million shares in 2017Q1. Also, the number of institutional investors holding Ellington Financial LLC in their top 10 stock positions increased from 2 to 3 for an increase of 1. Sold All: 2 Reduced: 12 Increased: 12 New Position: 11.

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 $479.12 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 21.91 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 0.66% or $0.1 during the last trading session, reaching $14.92. About 17,252 shares traded. Ellington Financial LLC (NYSE:EFC) has declined 3.64% since December 5, 2016 and is downtrending. It has underperformed by 20.34% the S&P500.

Analysts await Ellington Financial LLC (NYSE:EFC) to report earnings on February, 12. They expect $0.27 earnings per share, 0.00 % or $0.00 from last year’s $0.27 per share. EFC’s profit will be $8.67M for 13.81 P/E if the $0.27 EPS becomes a reality. After $0.24 actual earnings per share reported by Ellington Financial LLC for the previous quarter, Wall Street now forecasts 12.50 % EPS growth.

Reservoir Operations L.P. holds 3.31% of its portfolio in Ellington Financial LLC for 183,210 shares. Bbr Partners Llc owns 887,707 shares or 3.06% of their US portfolio. Moreover, Ellington Management Group Llc has 2.44% invested in the company for 1.04 million shares. The New York-based Tahithromos L.L.C. has invested 2.09% in the stock. Merriman Wealth Management Llc, a Washington-based fund reported 382,066 shares.#img1#

Ellington Financial LLC (NYSE:EFC) Ratings Coverage

Ratings analysis reveals 33% of Ellington Financial’s analysts are positive. Out of 6 Wall Street analysts rating Ellington Financial, 2 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $16.0 while the high is $23.0. The stock’s average target of $17.90 is 19.97% above today’s ($14.92) share price. EFC was included in 18 notes of analysts from August 10, 2015. The stock of Ellington Financial LLC (NYSE:EFC) earned “Buy” rating by Maxim Group on Monday, August 10. The rating was downgraded by FBR Capital to “Hold” on Wednesday, November 8. The rating was downgraded by B. Riley & Co to “Neutral” on Wednesday, November 8. Keefe Bruyette & Woods maintained Ellington Financial LLC (NYSE:EFC) on Tuesday, September 12 with “Hold” rating. On Sunday, November 12 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. Maxim Group maintained the shares of EFC in report on Friday, August 4 with “Buy” rating. The firm has “Outperform” rating given on Friday, February 24 by FBR Capital. The rating was maintained by Deutsche Bank on Wednesday, November 8 with “Buy”. Maxim Group maintained it with “Buy” rating and $20 target in Tuesday, October 11 report. FBR Capital initiated Ellington Financial LLC (NYSE:EFC) on Thursday, April 21 with “Outperform” rating.

More notable recent Ellington Financial LLC (NYSE:EFC) news were published by: Seekingalpha.com which released: “Another soft quarter for Ellington Financial” on November 07, 2017, also Businesswire.com with their article: “Ellington Financial LLC Announces Extension of Exchange Offer of 5.25% Senior …” published on November 01, 2017, Seekingalpha.com published: “Ellington Financial’s (EFC) CEO Laurence Penn on Q3 2017 Results – Earnings …” on November 11, 2017. More interesting news about Ellington Financial LLC (NYSE:EFC) were released by: Businesswire.com and their article: “Ellington Financial LLC 2016 K-1 Tax Package Now Available” published on March 24, 2017 as well as Businesswire.com‘s news article titled: “Ellington Financial LLC Completes $141.2 Million Residential Mortgage Loan …” with publication date: November 15, 2017.

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