Arlington Asset Investment Corp (NYSE:AI) has earned a consensus recommendation of “Hold” from the seven analysts that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $13.75.

A number of equities research analysts have commented on the stock. Singular Research assumed coverage on shares of Arlington Asset Investment in a report on Tuesday, August 1st. They set a “buy” rating and a $14.25 price objective on the stock. Zacks Investment Research raised shares of Arlington Asset Investment from a “sell” rating to a “hold” rating in a report on Thursday, November 2nd. BidaskClub raised shares of Arlington Asset Investment from a “strong sell” rating to a “sell” rating in a report on Saturday, August 5th. Finally, FBR & Co reissued a “hold” rating and set a $13.00 price objective on shares of Arlington Asset Investment in a report on Friday, October 27th.

Shares of Arlington Asset Investment (NYSE AI) opened at $11.84 on Wednesday. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.19. Arlington Asset Investment has a 1 year low of $10.93 and a 1 year high of $17.13.

Arlington Asset Investment (NYSE:AI) last announced its earnings results on Tuesday, October 24th. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.15. The business had revenue of $14.87 million during the quarter, compared to analysts’ expectations of $20.17 million. Arlington Asset Investment had a negative net margin of 27.20% and a negative return on equity of 8.36%. sell-side analysts expect that Arlington Asset Investment will post 0.72 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Friday, September 29th were issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 18.58%. The ex-dividend date of this dividend was Thursday, September 28th. Arlington Asset Investment’s dividend payout ratio is currently -150.68%.

In other Arlington Asset Investment news, Director Ralph S. Michael III bought 5,000 shares of Arlington Asset Investment stock in a transaction dated Monday, October 30th. The shares were bought at an average price of $11.66 per share, with a total value of $58,300.00. Following the purchase, the director now owns 7,325 shares of the company’s stock, valued at $85,409.50. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Richard Ernst Konzmann bought 4,000 shares of Arlington Asset Investment stock in a transaction dated Friday, October 27th. The stock was acquired at an average cost of $11.34 per share, for a total transaction of $45,360.00. Following the purchase, the chief financial officer now directly owns 11,457 shares in the company, valued at approximately $129,922.38. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 14,000 shares of company stock worth $158,660. Insiders own 5.90% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Schwab Charles Investment Management Inc. boosted its stake in shares of Arlington Asset Investment by 0.6% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 88,056 shares of the financial services provider’s stock valued at $1,204,000 after purchasing an additional 532 shares during the last quarter. American International Group Inc. boosted its stake in shares of Arlington Asset Investment by 7.2% in the 1st quarter. American International Group Inc. now owns 13,906 shares of the financial services provider’s stock valued at $196,000 after purchasing an additional 937 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Arlington Asset Investment by 9.8% in the 2nd quarter. Goldman Sachs Group Inc. now owns 20,167 shares of the financial services provider’s stock valued at $276,000 after purchasing an additional 1,793 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Arlington Asset Investment by 2.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 83,850 shares of the financial services provider’s stock valued at $1,147,000 after purchasing an additional 1,847 shares during the last quarter. Finally, Neuberger Berman Group LLC boosted its stake in shares of Arlington Asset Investment by 1.5% in the 2nd quarter. Neuberger Berman Group LLC now owns 132,000 shares of the financial services provider’s stock valued at $1,804,000 after purchasing an additional 2,000 shares during the last quarter. 37.24% of the stock is currently owned by institutional investors.

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Arlington Asset Investment 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).

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