Rational Advisors LLC boosted its stake in shares of Arlington Asset Investment Corp (NYSE:AI) by 426.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 104,494 shares of the financial services provider’s stock after acquiring an additional 84,660 shares during the quarter. Rational Advisors LLC owned approximately 0.36% of Arlington Asset Investment worth $976,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of AI. BlackRock Inc. grew its holdings in Arlington Asset Investment by 64.6% during the 2nd quarter. BlackRock Inc. now owns 2,117,622 shares of the financial services provider’s stock worth $21,832,000 after acquiring an additional 831,323 shares during the last quarter. Millennium Management LLC bought a new position in shares of Arlington Asset Investment in the 1st quarter valued at about $875,000. Cubist Systematic Strategies LLC bought a new position in shares of Arlington Asset Investment in the 2nd quarter valued at about $144,000. Aperio Group LLC boosted its stake in shares of Arlington Asset Investment by 44.7% in the 2nd quarter. Aperio Group LLC now owns 39,090 shares of the financial services provider’s stock valued at $403,000 after purchasing an additional 12,072 shares during the last quarter. Finally, BB&T Securities LLC bought a new position in shares of Arlington Asset Investment in the 2nd quarter valued at about $123,000. 39.50% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE:AI opened at $8.67 on Monday. The company has a market capitalization of $263.09 million, a P/E ratio of 13.14 and a beta of 0.72. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.03 and a current ratio of 1.10. Arlington Asset Investment Corp has a fifty-two week low of $8.08 and a fifty-two week high of $12.67.

Arlington Asset Investment (NYSE:AI) last announced its quarterly earnings results on Tuesday, October 23rd. The financial services provider reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.06). The firm had revenue of $10.34 million during the quarter. Arlington Asset Investment had a negative net margin of 46.83% and a negative return on equity of 12.03%. On average, analysts forecast that Arlington Asset Investment Corp will post 2.05 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 31st. Investors of record on Friday, September 28th were given a $0.375 dividend. The ex-dividend date was Thursday, September 27th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 17.30%. Arlington Asset Investment’s dividend payout ratio is 227.27%.

Several research analysts have recently issued reports on AI shares. TheStreet lowered shares of Arlington Asset Investment from a “c” rating to a “d+” rating in a research note on Wednesday, October 24th. Zacks Investment Research lowered shares of Arlington Asset Investment from a “hold” rating to a “strong sell” rating in a research note on Friday, October 26th. Finally, ValuEngine lowered shares of Arlington Asset Investment from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 2nd. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company’s stock. Arlington Asset Investment has an average rating of “Hold” and an average target price of $13.42.

In other news, insider J Rock Tonkel, Jr. purchased 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 3rd. The shares were acquired at an average cost of $8.79 per share, for a total transaction of $87,900.00. Following the transaction, the insider now directly owns 359,115 shares of the company’s stock, valued at approximately $3,156,620.85. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 2.80% of the company’s stock.

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About Arlington Asset Investment

Arlington Asset Investment Corp. (NYSE: AI) is a principal investment firm that currently invests primarily in mortgage-related and other assets. The Company is headquartered in the Washington, DC metropolitan area. For more information, please visit www.arlingtonasset.com.

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

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