SG Americas Securities LLC Has $236,000 Holdings in Ellington Financial Inc. $EFC

SG Americas Securities LLC lowered its position in Ellington Financial Inc. (NYSE:EFC) by 72.6% during the first quarter, Holdings Channel reports. The firm owned 19,906 shares of the financial services provider’s stock after selling 52,623 shares during the period. SG Americas Securities LLC’s holdings in Ellington Financial were worth $236,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Motiv8 Investments LLC raised its stake in Ellington Financial by 7.9% during the fourth quarter. Motiv8 Investments LLC now owns 13,664 shares of the financial services provider’s stock worth $186,000 after buying an additional 1,002 shares during the last quarter. MGO One Seven LLC boosted its position in Ellington Financial by 5.9% during the fourth quarter. MGO One Seven LLC now owns 18,147 shares of the financial services provider’s stock valued at $246,000 after acquiring an additional 1,010 shares during the last quarter. Huntington National Bank grew its holdings in Ellington Financial by 35.3% during the 4th quarter. Huntington National Bank now owns 4,136 shares of the financial services provider’s stock worth $56,000 after acquiring an additional 1,078 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in Ellington Financial by 4.4% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 26,568 shares of the financial services provider’s stock worth $361,000 after acquiring an additional 1,128 shares during the period. Finally, Sei Investments Co. raised its position in shares of Ellington Financial by 11.2% in the 3rd quarter. Sei Investments Co. now owns 11,223 shares of the financial services provider’s stock worth $146,000 after acquiring an additional 1,129 shares in the last quarter. 55.62% of the stock is currently owned by institutional investors and hedge funds.

Ellington Financial Price Performance

EFC stock opened at $13.57 on Friday. The stock has a market capitalization of $1.70 billion, a PE ratio of 8.18 and a beta of 0.93. The company’s 50-day moving average is $13.51 and its 200-day moving average is $13.07. The company has a debt-to-equity ratio of 10.18, a current ratio of 42.65 and a quick ratio of 42.65. Ellington Financial Inc. has a 1 year low of $11.27 and a 1 year high of $14.12.

Ellington Financial (NYSE:EFC) last issued its earnings results on Tuesday, May 5th. The financial services provider reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.13. Ellington Financial had a return on equity of 15.81% and a net margin of 72.08%.The business had revenue of $188.83 million during the quarter, compared to analyst estimates of $114.09 million. Equities research analysts expect that Ellington Financial Inc. will post 1.95 EPS for the current fiscal year.

Ellington Financial Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, July 31st will be paid a $0.13 dividend. This represents a c) dividend on an annualized basis and a yield of 11.5%. The ex-dividend date of this dividend is Friday, July 31st. Ellington Financial’s dividend payout ratio (DPR) is 93.98%.

Wall Street Analysts Forecast Growth

EFC has been the subject of several recent analyst reports. Zacks Research raised Ellington Financial from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 13th. Wall Street Zen raised Ellington Financial from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. BTIG Research cut Ellington Financial from a “buy” rating to a “neutral” rating in a report on Wednesday, June 17th. Finally, Weiss Ratings raised shares of Ellington Financial from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $13.88.

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.