Arlington Asset Investment Corp (NYSE:AI) has earned an average recommendation of “Hold” from the six analysts that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $14.00.

AI has been the subject of a number of research analyst reports. Zacks Investment Research cut Arlington Asset Investment from a “hold” rating to a “sell” rating in a report on Tuesday, November 12th. TD Securities increased their price target on Arlington Asset Investment from $13.50 to $14.00 and gave the stock a “hold” rating in a report on Monday, October 21st. Echelon Wealth Partners reiterated a “buy” rating and set a $14.00 price target on shares of Arlington Asset Investment in a report on Sunday, August 11th. ValuEngine upgraded Arlington Asset Investment from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Finally, TheStreet cut Arlington Asset Investment from a “c-” rating to a “d+” rating in a report on Friday, August 16th.

Shares of NYSE AI traded up $0.01 during mid-day trading on Friday, reaching $5.74. 9,427 shares of the company’s stock were exchanged, compared to its average volume of 299,945. The firm has a market capitalization of $210.64 million, a price-to-earnings ratio of 2.78 and a beta of 1.01. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.02 and a current ratio of 0.02. Arlington Asset Investment has a 52-week low of $4.79 and a 52-week high of $8.91. The company’s 50-day moving average is $5.63 and its 200-day moving average is $6.19.

Arlington Asset Investment (NYSE:AI) last released its quarterly earnings results on Thursday, November 7th. The financial services provider reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.26). The business had revenue of $4.69 million for the quarter. Arlington Asset Investment had a positive return on equity of 14.08% and a negative net margin of 30.19%. As a group, equities analysts predict that Arlington Asset Investment will post 0.87 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Monday, September 30th were issued a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 15.68%. The ex-dividend date was Friday, September 27th. Arlington Asset Investment’s dividend payout ratio (DPR) is 43.69%.

A number of institutional investors have recently made changes to their positions in AI. BlackRock Inc. boosted its holdings in Arlington Asset Investment by 17.8% during the 2nd quarter. BlackRock Inc. now owns 3,869,302 shares of the financial services provider’s stock valued at $26,621,000 after acquiring an additional 585,774 shares during the period. Nuveen Asset Management LLC acquired a new stake in Arlington Asset Investment in the 2nd quarter valued at about $3,360,000. State of New Jersey Common Pension Fund D acquired a new stake in Arlington Asset Investment in the 3rd quarter valued at about $1,949,000. Ellington Management Group LLC raised its position in Arlington Asset Investment by 168.9% in the 2nd quarter. Ellington Management Group LLC now owns 559,075 shares of the financial services provider’s stock valued at $3,846,000 after purchasing an additional 351,165 shares in the last quarter. Finally, Boston Partners acquired a new stake in Arlington Asset Investment in the 2nd quarter valued at about $2,184,000. Institutional investors own 46.62% of the company’s stock.

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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