Ellington Financial Inc. $EFC Shares Bought by Public Sector Pension Investment Board

Public Sector Pension Investment Board raised its position in Ellington Financial Inc. (NYSE:EFC) by 20.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 389,619 shares of the financial services provider’s stock after buying an additional 67,375 shares during the period. Public Sector Pension Investment Board owned about 0.39% of Ellington Financial worth $5,057,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Bank of New York Mellon Corp grew its stake in Ellington Financial by 6.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 717,560 shares of the financial services provider’s stock valued at $9,321,000 after acquiring an additional 46,288 shares during the period. Delphi Financial Group Inc. lifted its holdings in Ellington Financial by 28.9% during the second quarter. Delphi Financial Group Inc. now owns 721,757 shares of the financial services provider’s stock valued at $9,376,000 after purchasing an additional 161,700 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Ellington Financial by 3.7% during the second quarter. Geode Capital Management LLC now owns 2,187,694 shares of the financial services provider’s stock valued at $28,422,000 after purchasing an additional 77,047 shares in the last quarter. Moors & Cabot Inc. acquired a new stake in shares of Ellington Financial in the second quarter valued at about $271,000. Finally, Yousif Capital Management LLC increased its stake in shares of Ellington Financial by 4.8% during the second quarter. Yousif Capital Management LLC now owns 35,076 shares of the financial services provider’s stock worth $456,000 after purchasing an additional 1,595 shares in the last quarter. 55.62% of the stock is owned by hedge funds and other institutional investors.

Ellington Financial Price Performance

Ellington Financial stock opened at $12.45 on Friday. The company has a fifty day simple moving average of $13.46 and a 200-day simple moving average of $13.49. The firm has a market capitalization of $1.44 billion, a price-to-earnings ratio of 9.29 and a beta of 0.95. The company has a quick ratio of 50.60, a current ratio of 50.60 and a debt-to-equity ratio of 10.64. Ellington Financial Inc. has a 52-week low of $11.12 and a 52-week high of $14.40.

Ellington Financial Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be issued a $0.13 dividend. This represents a c) annualized dividend and a dividend yield of 12.5%. The ex-dividend date of this dividend is Friday, February 27th. Ellington Financial’s dividend payout ratio (DPR) is currently 116.42%.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ellington Financial in a research note on Wednesday, January 21st. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $14.55.

About Ellington Financial

Ellington Financial, Inc (NYSE: EFC) is a mortgage real estate investment trust (REIT) that focuses on generating attractive risk-adjusted returns through investments in residential and commercial mortgage-related assets. Established in 2013, the company is externally managed by Ellington Financial Management, L.P., a subsidiary of Ellington Management Group, an alternative asset management firm. EFC’s core strategy centers on actively acquiring and managing agency and non-agency residential mortgage-backed securities (MBS), mortgage servicing rights, residential whole loans, and other structured finance instruments, including asset-backed securities and commercial mortgage-backed securities (CMBS).

The company employs leverage and structured financing tools—such as repurchase agreements and secured credit facilities—to enhance portfolio yield while maintaining focus on risk mitigation.