Savvy Advisors Inc. Makes New Investment in Ellington Financial Inc. $EFC

Savvy Advisors Inc. purchased a new position in Ellington Financial Inc. (NYSE:EFC) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 42,845 shares of the financial services provider’s stock, valued at approximately $556,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EFC. CWM LLC increased its holdings in Ellington Financial by 67.6% in the 2nd 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 boosted 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 valued at $36,000 after acquiring an additional 1,578 shares during the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of Ellington Financial by 93.9% in the second 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 during the period. Hantz Financial Services Inc. raised its holdings in shares of Ellington Financial by 535.9% during the third quarter. Hantz Financial Services Inc. now owns 6,181 shares of the financial services provider’s stock valued at $80,000 after purchasing an additional 5,209 shares during the last quarter. Finally, Allworth Financial LP lifted 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 during the period. 55.62% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ellington Financial in a research report on Wednesday, January 21st. Four equities 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 currently has an average rating of “Moderate Buy” and a consensus target price of $14.55.

Ellington Financial Trading Down 0.3%

Shares of EFC stock opened at $12.95 on Friday. The company has a debt-to-equity ratio of 10.64, a current ratio of 50.60 and a quick ratio of 50.60. The company has a market cap of $1.50 billion, a price-to-earnings ratio of 9.66 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 firm has a fifty day moving average price of $13.54 and a 200-day moving average price of $13.50.

Ellington Financial Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be issued a dividend of $0.13 per share. This represents a c) annualized dividend and a yield of 12.1%. The ex-dividend date of this dividend is Friday, February 27th. Ellington Financial’s payout ratio is currently 116.42%.

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.