Bbr Partners LLC Holding in Ellington Financial LLC (EFC) Increased by $5.32 Million

April 23, 2018 - By Hazel Jackson

Investors sentiment increased to 1.44 in 2017 Q4. Its up 0.80, from 0.64 in 2017Q3. It improved, as 5 investors sold EFC shares while 11 reduced holdings. 9 funds opened positions while 14 raised stakes. 13.48 million shares or 2.67% less from 13.85 million shares in 2017Q3 were reported. Glob Endowment Management LP holds 20,000 shares. Arrowstreet Cap Lp stated it has 267,328 shares. Illinois-based West Family Investments has invested 1.82% in Ellington Financial LLC (NYSE:EFC). Virtu Fincl Limited Liability Company holds 0.01% of its portfolio in Ellington Financial LLC (NYSE:EFC) for 14,568 shares. Mutual Of America Capital Ltd Liability Corp stated it has 0.1% of its portfolio in Ellington Financial LLC (NYSE:EFC). Wasatch Advsrs reported 15,300 shares stake. Bbr Prns Ltd Llc has invested 2.18% in Ellington Financial LLC (NYSE:EFC). Northern Tru Corp invested 0% in Ellington Financial LLC (NYSE:EFC). 1.54 million are owned by State Treasurer State Of Michigan. Edge Wealth Management Ltd Liability Com has invested 0.08% in Ellington Financial LLC (NYSE:EFC). Stratos Wealth Prtnrs Limited has 211 shares. Hotchkis & Wiley Cap Management Limited Com reported 0% in Ellington Financial LLC (NYSE:EFC). Royal Bancshares Of Canada accumulated 11,000 shares or 0% of the stock. Wells Fargo And Co Mn has invested 0% in Ellington Financial LLC (NYSE:EFC). Bank & Trust Of America De has 0% invested in Ellington Financial LLC (NYSE:EFC).

Bbr Partners Llc increased its stake in Ellington Financial Llc (EFC) by 45.85% based on its latest 2017Q4 regulatory filing with the SEC. Bbr Partners Llc bought 380,000 shares as the company’s stock rose 1.38% while stock markets declined. The hedge fund held 1.21M shares of the real estate company at the end of 2017Q4, valued at $17.54M, up from 828,757 at the end of the previous reported quarter. Bbr Partners Llc who had been investing in Ellington Financial Llc for a number of months, seems to be bullish on the $455.11 million market cap company. The stock increased 0.41% or $0.06 during the last trading session, reaching $14.85. About 29,653 shares traded. Ellington Financial LLC (NYSE:EFC) has declined 5.64% since April 23, 2017 and is downtrending. It has underperformed by 17.19% the S&P500.

Bbr Partners Llc, which manages about $7.35B and $533.09 million US Long portfolio, decreased its stake in Spdr S&P 500 Etf Tr (SPY) by 21,325 shares to 713,466 shares, valued at $190.40 million in 2017Q4, according to the filing.

Ellington Financial LLC (NYSE:EFC) Ratings Coverage

Among 6 analysts covering Ellington Financial (NYSE:EFC), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Ellington Financial has $19.0 highest and $16.0 lowest target. $17.10’s average target is 15.15% above currents $14.85 stock price. Ellington Financial had 11 analyst reports since November 7, 2017 according to SRatingsIntel. The rating was maintained by Maxim Group with “Buy” on Monday, April 9. The company was maintained on Wednesday, February 14 by Maxim Group. B. Riley & Co downgraded the shares of EFC in report on Wednesday, November 8 to “Neutral” rating. As per Wednesday, November 8, the company rating was maintained by Deutsche Bank. FBR Capital maintained it with “Hold” rating and $16.0 target in Thursday, February 15 report. Maxim Group maintained the stock with “Buy” rating in Tuesday, November 7 report. Maxim Group maintained the stock with “Buy” rating in Tuesday, January 9 report. As per Wednesday, November 8, the company rating was downgraded by FBR Capital. The stock of Ellington Financial LLC (NYSE:EFC) earned “Hold” rating by Keefe Bruyette & Woods on Friday, February 16. The firm earned “Buy” rating on Wednesday, December 6 by Sandler O’Neill.

Ellington Financial LLC (NYSE:EFC) Institutional Positions Chart

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