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

SG Americas Securities LLC trimmed its position in Ellington Financial Inc. (NYSE:EFC) by 72.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,906 shares of the financial services provider’s stock after selling 52,623 shares during the quarter. SG Americas Securities LLC’s holdings in Ellington Financial were worth $236,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Amundi boosted its holdings in shares of Ellington Financial by 106.8% in the 4th quarter. Amundi now owns 1,497,373 shares of the financial services provider’s stock valued at $20,334,000 after purchasing an additional 773,291 shares in the last quarter. Hudson Bay Capital Management LP bought a new stake in shares of Ellington Financial during the 4th quarter valued at approximately $6,080,000. Millennium Management LLC bought a new stake in shares of Ellington Financial during the 3rd quarter valued at approximately $4,941,000. Vanguard Group Inc. increased its position in Ellington Financial by 5.3% during the 4th quarter. Vanguard Group Inc. now owns 7,003,038 shares of the financial services provider’s stock worth $95,101,000 after purchasing an additional 349,448 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in Ellington Financial by 17.6% in the 3rd quarter. Invesco Ltd. now owns 2,218,506 shares of the financial services provider’s stock valued at $28,796,000 after purchasing an additional 331,934 shares during the last quarter. 55.62% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Ellington Financial Trading Up 0.3%

Shares of NYSE EFC opened at $13.57 on Friday. The firm has a 50 day moving average price of $13.51 and a two-hundred day moving average price of $13.07. The stock has a market cap of $1.70 billion, a P/E ratio of 8.18 and a beta of 0.93. Ellington Financial Inc. has a 52-week low of $11.27 and a 52-week high of $14.12. The company has a debt-to-equity ratio of 10.18, a quick ratio of 42.65 and a current ratio of 42.65.

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

Ellington Financial Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, July 31st will be issued a dividend of $0.13 per share. The ex-dividend date of this dividend is Friday, July 31st. This represents a c) annualized dividend and a yield of 11.5%. Ellington Financial’s payout ratio is presently 93.98%.

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.