Voya Investment Management LLC Boosts Holdings in Ellington Financial Inc. $EFC

Voya Investment Management LLC boosted its stake in Ellington Financial Inc. (NYSE:EFC) by 143.6% in the third quarter, Holdings Channel.com reports. The fund owned 95,368 shares of the financial services provider’s stock after buying an additional 56,213 shares during the quarter. Voya Investment Management LLC’s holdings in Ellington Financial were worth $1,238,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in EFC. Russell Investments Group Ltd. lifted its holdings in shares of Ellington Financial by 99.4% in the 1st quarter. Russell Investments Group Ltd. now owns 9,918 shares of the financial services provider’s stock valued at $132,000 after purchasing an additional 4,944 shares during the last quarter. Northern Trust Corp increased its position in Ellington Financial by 2.1% during the first quarter. Northern Trust Corp now owns 1,115,881 shares of the financial services provider’s stock worth $14,797,000 after buying an additional 22,979 shares during the period. Corebridge Financial Inc. lifted its stake in Ellington Financial by 2.0% in the first quarter. Corebridge Financial Inc. now owns 46,054 shares of the financial services provider’s stock valued at $611,000 after buying an additional 893 shares during the last quarter. State of Wyoming boosted its holdings in shares of Ellington Financial by 65.8% in the first quarter. State of Wyoming now owns 7,633 shares of the financial services provider’s stock valued at $101,000 after acquiring an additional 3,029 shares during the period. Finally, Amundi acquired a new stake in shares of Ellington Financial in the first quarter valued at approximately $6,418,000. Hedge funds and other institutional investors own 55.62% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. UBS Group lifted their target price on shares of Ellington Financial from $12.50 to $13.50 and gave the company a “neutral” rating in a report on Wednesday, September 3rd. Zacks Research downgraded shares of Ellington Financial from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 10th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Ellington Financial in a research note on Wednesday, October 8th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $14.46.

Ellington Financial Stock Down 0.3%

Shares of NYSE:EFC opened at $13.75 on Wednesday. Ellington Financial Inc. has a fifty-two week low of $11.12 and a fifty-two week high of $14.40. The company has a quick ratio of 50.60, a current ratio of 50.60 and a debt-to-equity ratio of 10.64. The firm’s 50-day simple moving average is $13.66 and its 200-day simple moving average is $13.42. The company has a market cap of $1.53 billion, a price-to-earnings ratio of 10.26 and a beta of 0.95.

Ellington Financial (NYSE:EFC) last posted its quarterly earnings results on Wednesday, November 5th. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.09. Ellington Financial had a net margin of 89.04% and a return on equity of 14.55%. The firm had revenue of $242.08 million during the quarter, compared to analysts’ expectations of $121.99 million. As a group, equities research analysts predict that Ellington Financial Inc. will post 1.38 earnings per share for the current year.

Ellington Financial Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, January 30th. Stockholders of record on Wednesday, December 31st will be issued a $0.13 dividend. This represents a c) annualized dividend and a dividend yield of 11.3%. The ex-dividend date of this dividend is Wednesday, December 31st. Ellington Financial’s dividend payout ratio (DPR) is currently 116.42%.

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.