Arlington Asset Investment Corp (NYSE:AI) hit a new 52-week low during trading on Thursday . The company traded as low as $11.25 and last traded at $0.00, with a volume of shares.

A number of brokerages recently commented on AI. BidaskClub raised Arlington Asset Investment Corp from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 5th. Zacks Investment Research raised Arlington Asset Investment Corp from a “sell” rating to a “hold” rating in a research note on Thursday. ValuEngine cut Arlington Asset Investment Corp from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. FBR & Co reaffirmed a “hold” rating and set a $13.00 price objective on shares of Arlington Asset Investment Corp in a research note on Friday, October 27th. Finally, Maxim Group reaffirmed a “buy” rating and set a $14.00 price objective (down from $16.00) on shares of Arlington Asset Investment Corp in a research note on Monday, July 24th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. Arlington Asset Investment Corp has an average rating of “Hold” and an average target price of $13.75.

The company has a debt-to-equity ratio of 0.21, a current ratio of 0.04 and a quick ratio of 0.04.

Arlington Asset Investment Corp (NYSE:AI) last posted its earnings results on Tuesday, October 24th. The financial services provider reported $0.52 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.15. The firm had revenue of $14.87 million for the quarter, compared to analyst estimates of $20.17 million. Arlington Asset Investment Corp had a negative return on equity of 8.45% and a negative net margin of 27.20%. research analysts expect that Arlington Asset Investment Corp will post 0.72 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Friday, September 29th were issued a dividend of $0.55 per share. The ex-dividend date was Thursday, September 28th. This represents a $2.20 annualized dividend and a yield of 20.00%. Arlington Asset Investment Corp’s dividend payout ratio is presently -150.68%.

In other Arlington Asset Investment Corp news, Director Ralph S. Michael III bought 5,000 shares of Arlington Asset Investment Corp stock in a transaction on Monday, October 30th. The shares were purchased at an average cost of $11.66 per share, for a total transaction of $58,300.00. Following the completion of the acquisition, the director now owns 7,325 shares in the company, valued at approximately $85,409.50. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Richard Ernst Konzmann bought 4,000 shares of Arlington Asset Investment Corp stock in a transaction on Friday, October 27th. The shares were acquired at an average price of $11.34 per share, for a total transaction of $45,360.00. Following the completion of the acquisition, the chief financial officer now owns 11,457 shares of the company’s stock, valued at approximately $129,922.38. The disclosure for this purchase can be found here. Insiders own 5.90% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the business. Aperio Group LLC lifted its holdings in Arlington Asset Investment Corp by 21.3% during the third quarter. Aperio Group LLC now owns 24,066 shares of the financial services provider’s stock worth $306,000 after acquiring an additional 4,228 shares in the last quarter. Cetera Investment Advisers bought a new position in Arlington Asset Investment Corp during the second quarter worth about $970,000. The Manufacturers Life Insurance Company lifted its holdings in Arlington Asset Investment Corp by 56.3% during the second quarter. The Manufacturers Life Insurance Company now owns 27,380 shares of the financial services provider’s stock worth $375,000 after acquiring an additional 9,864 shares in the last quarter. BlueCrest Capital Management Ltd lifted its holdings in shares of Arlington Asset Investment Corp by 78.0% in the second quarter. BlueCrest Capital Management Ltd now owns 18,511 shares of the financial services provider’s stock valued at $253,000 after purchasing an additional 8,113 shares in the last quarter. Finally, State Street Corp lifted its holdings in shares of Arlington Asset Investment Corp by 9.5% in the second quarter. State Street Corp now owns 527,373 shares of the financial services provider’s stock valued at $7,210,000 after purchasing an additional 45,825 shares in the last quarter. Hedge funds and other institutional investors own 38.57% of the company’s stock.

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Arlington Asset Investment Corp Company Profile

Arlington Asset Investment Corp. is an investment company. The Company focuses on acquiring and holding a levered portfolio of residential mortgage-backed securities (MBS), consisting of agency MBS and private-label MBS. Agency MBS include residential mortgage pass-through certificates for which the principal and interest payments are guaranteed by a United States Government agency or government-sponsored enterprise (GSE), such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac).

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