Dana Investment Advisors Inc. Invests $5 Million in Ellington Financial Inc. $EFC

Dana Investment Advisors Inc. purchased a new position in Ellington Financial Inc. (NYSE:EFC) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 385,000 shares of the financial services provider’s stock, valued at approximately $4,997,000. Dana Investment Advisors Inc. owned 0.39% of Ellington Financial as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the company. CWM LLC grew its stake in Ellington Financial by 67.6% during the second quarter. CWM LLC now owns 2,010 shares of the financial services provider’s stock worth $26,000 after buying an additional 811 shares in the last quarter. Huntington National Bank lifted its holdings in shares of Ellington Financial by 134.4% during the 2nd quarter. Huntington National Bank now owns 2,752 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 1,578 shares during the period. Steward Partners Investment Advisory LLC boosted its position in shares of Ellington Financial by 93.9% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 3,582 shares of the financial services provider’s stock worth $47,000 after acquiring an additional 1,735 shares in the last quarter. Hantz Financial Services Inc. increased its stake in Ellington Financial by 535.9% in the third quarter. Hantz Financial Services Inc. now owns 6,181 shares of the financial services provider’s stock valued at $80,000 after acquiring an additional 5,209 shares during the last quarter. Finally, Allworth Financial LP raised its position in Ellington Financial by 1,239.4% during the second quarter. Allworth Financial LP now owns 6,697 shares of the financial services provider’s stock valued at $87,000 after purchasing an additional 6,197 shares in the last quarter. Institutional investors own 55.62% of the company’s stock.

Ellington Financial Trading Up 0.3%

Shares of Ellington Financial stock opened at $12.45 on Wednesday. The firm’s 50 day moving average is $13.39 and its 200 day moving average is $13.49. The firm has a market capitalization of $1.44 billion, a PE ratio of 9.29 and a beta of 0.95. Ellington Financial Inc. has a 1 year low of $11.12 and a 1 year high of $14.40. The company has a current ratio of 50.60, a quick ratio of 50.60 and a debt-to-equity ratio of 10.64.

Ellington Financial Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be issued a dividend of $0.13 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 12.5%. Ellington Financial’s dividend payout ratio (DPR) is 116.42%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Ellington Financial in a research note on Wednesday, January 21st. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Ellington Financial presently has a consensus rating of “Moderate Buy” and an average target price of $14.55.

Ellington Financial Profile

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.