GraniteShares Advisors LLC Sells 56,414 Shares of Ellington Financial Inc. $EFC

GraniteShares Advisors LLC lowered its stake in Ellington Financial Inc. (NYSE:EFC) by 22.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 196,578 shares of the financial services provider’s stock after selling 56,414 shares during the quarter. GraniteShares Advisors LLC owned about 0.18% of Ellington Financial worth $2,670,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in EFC. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Ellington Financial by 15.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 179,803 shares of the financial services provider’s stock worth $2,384,000 after buying an additional 23,553 shares during the period. Creative Planning bought a new position in shares of Ellington Financial in the second quarter worth about $176,000. Franklin Resources Inc. bought a new position in shares of Ellington Financial in the second quarter worth about $166,000. New York State Common Retirement Fund raised its stake in shares of Ellington Financial by 16.6% in the second quarter. New York State Common Retirement Fund now owns 27,434 shares of the financial services provider’s stock worth $356,000 after buying an additional 3,900 shares during the period. Finally, Quantbot Technologies LP bought a new position in shares of Ellington Financial in the second quarter worth about $138,000. Institutional investors own 55.62% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on EFC. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ellington Financial in a research note on Wednesday, January 21st. Wall Street Zen downgraded Ellington Financial from a “hold” rating to a “sell” rating in a research note on Saturday, March 7th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $14.56.

Ellington Financial Price Performance

Shares of Ellington Financial stock opened at $13.03 on Tuesday. The stock’s 50-day simple moving average is $12.26 and its 200-day simple moving average is $13.12. Ellington Financial Inc. has a 52 week low of $11.27 and a 52 week high of $14.12. The company has a market capitalization of $1.62 billion, a price-to-earnings ratio of 10.59 and a beta of 0.94. The company has a quick ratio of 47.25, a current ratio of 47.25 and a debt-to-equity ratio of 11.02.

Ellington Financial (NYSE:EFC) last announced its quarterly earnings data on Wednesday, February 25th. The financial services provider reported $0.47 EPS for the quarter, beating the consensus estimate of $0.44 by $0.03. Ellington Financial had a return on equity of 14.62% and a net margin of 53.10%.The business had revenue of $96.44 million for the quarter, compared to the consensus estimate of $132.07 million. As a group, analysts expect that Ellington Financial Inc. will post 1.87 earnings per share for the current fiscal year.

Ellington Financial Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Thursday, April 30th will be given a $0.13 dividend. This represents a c) annualized dividend and a dividend yield of 12.0%. The ex-dividend date is Thursday, April 30th. Ellington Financial’s payout ratio is presently 126.83%.

Ellington Financial Company 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.