New York State Common Retirement Fund cut its holdings in shares of Arlington Asset Investment Corp (NYSE:AI) by 0.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 21,800 shares of the financial services provider’s stock after selling 1 shares during the period. New York State Common Retirement Fund owned 0.09% of Arlington Asset Investment Corp worth $298,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. American International Group Inc. grew its stake in Arlington Asset Investment Corp by 7.2% in the first quarter. American International Group Inc. now owns 13,906 shares of the financial services provider’s stock worth $196,000 after purchasing an additional 937 shares during the period. Wellington Management Group LLP grew its stake in Arlington Asset Investment Corp by 94.7% in the first quarter. Wellington Management Group LLP now owns 62,995 shares of the financial services provider’s stock worth $891,000 after purchasing an additional 30,644 shares during the period. Vanguard Group Inc. grew its stake in Arlington Asset Investment Corp by 12.1% in the first quarter. Vanguard Group Inc. now owns 1,093,596 shares of the financial services provider’s stock worth $15,453,000 after purchasing an additional 118,288 shares during the period. Geode Capital Management LLC grew its stake in Arlington Asset Investment Corp by 14.3% in the first quarter. Geode Capital Management LLC now owns 185,793 shares of the financial services provider’s stock worth $2,625,000 after purchasing an additional 23,312 shares during the period. Finally, KCG Holdings Inc. purchased a new stake in Arlington Asset Investment Corp in the first quarter worth $196,000. 33.96% of the stock is currently owned by hedge funds and other institutional investors.

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In related news, CFO Richard Ernst Konzmann bought 4,000 shares of the company’s stock in a transaction on Friday, October 27th. The shares were acquired at an average cost of $11.34 per share, with a total value of $45,360.00. Following the completion of the acquisition, the chief financial officer now owns 11,457 shares of the company’s stock, valued at approximately $129,922.38. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO J Rock Tonkel, Jr. bought 5,000 shares of the company’s stock in a transaction on Friday, November 3rd. The stock was bought at an average cost of $11.00 per share, for a total transaction of $55,000.00. Following the completion of the acquisition, the chief executive officer now directly owns 327,132 shares of the company’s stock, valued at approximately $3,598,452. The disclosure for this purchase can be found here. Insiders acquired 14,000 shares of company stock worth $158,660 over the last three months. Corporate insiders own 5.90% of the company’s stock.

Several equities research analysts recently weighed in on the company. Zacks Investment Research raised Arlington Asset Investment Corp from a “sell” rating to a “hold” rating in a research note on Thursday, November 2nd. BidaskClub raised Arlington Asset Investment Corp from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 5th. ValuEngine cut Arlington Asset Investment Corp from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. FBR & Co reaffirmed a “hold” rating and issued a $13.00 price target on shares of Arlington Asset Investment Corp in a research note on Friday, October 27th. Finally, Maxim Group reaffirmed a “buy” rating and issued a $14.00 price target (down from $16.00) on shares of Arlington Asset Investment Corp in a research note on Monday, July 24th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. Arlington Asset Investment Corp has an average rating of “Hold” and an average price target of $13.75.

Shares of Arlington Asset Investment Corp (AI) opened at $11.47 on Monday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.05 and a quick ratio of 0.05. Arlington Asset Investment Corp has a 1-year low of $10.93 and a 1-year high of $17.13.

Arlington Asset Investment Corp (NYSE:AI) last released its earnings results on Tuesday, October 24th. The financial services provider reported $0.52 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.15. Arlington Asset Investment Corp had a negative return on equity of 8.36% and a negative net margin of 27.20%. The business had revenue of $14.87 million for the quarter, compared to the consensus estimate of $20.17 million. analysts anticipate that Arlington Asset Investment Corp will post 0.72 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Friday, September 29th were issued a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 19.18%. The ex-dividend date of this dividend was Thursday, September 28th. Arlington Asset Investment Corp’s dividend payout ratio (DPR) is -150.68%.

Arlington Asset Investment Corp Company Profile

Arlington Asset Investment Corp. is an investment company. The Company focuses on acquiring and holding a levered portfolio of residential mortgage-backed securities (MBS), consisting of agency MBS and private-label MBS. Agency MBS include residential mortgage pass-through certificates for which the principal and interest payments are guaranteed by a United States Government agency or government-sponsored enterprise (GSE), such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac).

Institutional Ownership by Quarter for Arlington Asset Investment Corp (NYSE:AI)

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