Ellington Financial LLC (NYSE:EFC) Institutional Investors Sentiment Index Increased in 2017 Q2

December 5, 2017 - By Dolores Ford

 Ellington Financial LLC (NYSE:EFC) Institutional Investors Sentiment Index  Increased in  2017 Q2

Sentiment for Ellington Financial LLC (NYSE:EFC)

Ellington Financial LLC (NYSE:EFC) institutional sentiment is 1.64 in Q2 2017. Its the same as in 2017Q1. The ratio is without change, as only 23 investment professionals increased or opened new holdings, while 14 decreased and sold their stakes in Ellington Financial LLC. The investment professionals in our partner’s database reported: 15.16 million shares, down from 15.56 million shares in 2017Q1. Also, the number of investment professionals holding Ellington Financial LLC in their top 10 holdings increased from 2 to 3 for an increase of 1. Sold All: 2 Reduced: 12 Increased: 12 New Position: 11.

Ellington Financial LLC, through its subsidiary Ellington Financial Operating Partnership LLC, operates as a specialty finance firm in the United States. The company has market cap of $479.12 million. It primarily acquires and manages mortgage-related assets, including residential mortgage-backed securities backed by prime jumbo, Alt-A, manufactured housing, and subprime residential mortgage loans; RMBS for which the principal and interest payments are guaranteed by the U.S. government agency or the U.S. government-sponsored entity; residential mortgage loans; commercial mortgage-backed securities; commercial mortgage loans and other commercial real estate debt; mortgage servicing rights; and real property and mortgage-related derivatives. It has a 21.91 P/E ratio. The firm also invests in corporate debt and equity securities, including distressed debt, collateralized loan obligations, and non-mortgage-related derivatives; and other financial assets, including private debt and equity investments in mortgage-related entities.

The stock increased 0.66% or $0.1 during the last trading session, reaching $14.92. About 17,252 shares traded. Ellington Financial LLC (NYSE:EFC) has declined 3.64% since December 5, 2016 and is downtrending. It has underperformed by 20.34% the S&P500.

Analysts await Ellington Financial LLC (NYSE:EFC) to report earnings on February, 12. They expect $0.27 earnings per share, 0.00 % or $0.00 from last year’s $0.27 per share. EFC’s profit will be $8.67M for 13.81 P/E if the $0.27 EPS becomes a reality. After $0.24 actual earnings per share reported by Ellington Financial LLC for the previous quarter, Wall Street now forecasts 12.50 % EPS growth.

Reservoir Operations L.P. holds 3.31% of its portfolio in Ellington Financial LLC for 183,210 shares. Bbr Partners Llc owns 887,707 shares or 3.06% of their US portfolio. Moreover, Ellington Management Group Llc has 2.44% invested in the company for 1.04 million shares. The New York-based Tahithromos L.L.C. has invested 2.09% in the stock. Merriman Wealth Management Llc, a Washington-based fund reported 382,066 shares.#img1#

Ellington Financial LLC (NYSE:EFC) Ratings Coverage

Ratings analysis reveals 33% of Ellington Financial’s analysts are positive. Out of 6 Wall Street analysts rating Ellington Financial, 2 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $16.0 while the high is $23.0. The stock’s average target of $17.90 is 19.97% above today’s ($14.92) share price. EFC was included in 18 notes of analysts from August 10, 2015. The firm has “Neutral” rating by B. Riley & Co given on Wednesday, November 8. On Monday, October 9 the stock rating was maintained by Maxim Group with “Buy”. On Monday, August 10 the stock rating was maintained by Maxim Group with “Buy”. The rating was maintained by Maxim Group with “Buy” on Tuesday, October 11. Deutsche Bank maintained Ellington Financial LLC (NYSE:EFC) rating on Monday, November 9. Deutsche Bank has “Buy” rating and $22 target. Maxim Group maintained the shares of EFC in report on Thursday, February 18 with “Buy” rating. The rating was maintained by Maxim Group with “Buy” on Tuesday, November 7. The firm has “Outperform” rating by FBR Capital given on Friday, February 24. Maxim Group maintained the stock with “Buy” rating in Thursday, August 13 report. FBR Capital initiated the stock with “Outperform” rating in Thursday, April 21 report.

More notable recent Ellington Financial LLC (NYSE:EFC) news were published by: Businesswire.com which released: “Ellington Financial LLC Announces Release Date of Third Quarter 2017 Earnings …” on October 30, 2017, also Seekingalpha.com with their article: “Ellington Financial’s (EFC) CEO Laurence Penn on Q3 2017 Results – Earnings …” published on November 11, 2017, Businesswire.com published: “Ellington Financial LLC Announces Extension of Exchange Offer of 5.25% Senior …” on November 01, 2017. More interesting news about Ellington Financial LLC (NYSE:EFC) were released by: Seekingalpha.com and their article: “Another soft quarter for Ellington Financial” published on November 07, 2017 as well as Businesswire.com‘s news article titled: “Ellington Financial LLC 2016 K-1 Tax Package Now Available” with publication date: March 24, 2017.

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