Jane Street Group LLC Has $1.83 Million Stock Holdings in Ellington Financial Inc. (NYSE:EFC)

Jane Street Group LLC boosted its holdings in shares of Ellington Financial Inc. (NYSE:EFC) by 38.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 142,085 shares of the financial services provider’s stock after acquiring an additional 39,355 shares during the quarter. Jane Street Group LLC’s holdings in Ellington Financial were worth $1,831,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. State Street Corp grew its stake in shares of Ellington Financial by 4.1% in the third quarter. State Street Corp now owns 3,140,371 shares of the financial services provider’s stock worth $40,885,000 after purchasing an additional 124,943 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of Ellington Financial in the 3rd quarter valued at about $148,000. Janus Henderson Group PLC increased its stake in shares of Ellington Financial by 128.5% in the third quarter. Janus Henderson Group PLC now owns 51,197 shares of the financial services provider’s stock valued at $660,000 after buying an additional 28,790 shares during the period. Atom Investors LP bought a new position in shares of Ellington Financial during the third quarter worth about $130,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Ellington Financial by 88.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 134,926 shares of the financial services provider’s stock worth $1,739,000 after acquiring an additional 63,515 shares during the period. 55.62% of the stock is currently owned by institutional investors and hedge funds.

Ellington Financial Stock Performance

NYSE:EFC opened at $12.27 on Thursday. The company has a debt-to-equity ratio of 10.87, a quick ratio of 37.04 and a current ratio of 37.04. Ellington Financial Inc. has a fifty-two week low of $10.88 and a fifty-two week high of $13.46. The company has a 50 day simple moving average of $12.33 and a two-hundred day simple moving average of $12.58. The company has a market capitalization of $1.11 billion, a PE ratio of 9.37 and a beta of 1.98.

Ellington Financial (NYSE:EFC) last posted its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.04. The company had revenue of $33.63 million during the quarter, compared to analysts’ expectations of $37.95 million. Ellington Financial had a net margin of 106.40% and a return on equity of 10.26%. During the same period in the prior year, the company posted $0.33 earnings per share. Research analysts anticipate that Ellington Financial Inc. will post 1.37 earnings per share for the current year.

Ellington Financial Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, January 27th. Stockholders of record on Tuesday, December 31st will be given a $0.13 dividend. This represents a $1.56 annualized dividend and a dividend yield of 12.71%. The ex-dividend date of this dividend is Tuesday, December 31st. Ellington Financial’s dividend payout ratio (DPR) is presently 119.08%.

Insider Activity

In other news, CIO Michael W. Vranos sold 14,000 shares of Ellington Financial stock in a transaction on Monday, October 14th. The shares were sold at an average price of $12.48, for a total value of $174,720.00. Following the completion of the sale, the executive now owns 168,359 shares in the company, valued at $2,101,120.32. The trade was a 7.68 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 4.40% of the stock is owned by company insiders.

Ellington Financial Company Profile

Ellington Financial Inc, through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, manufactured housing, and subprime mortgage; RMBS for which the principal and interest payments are guaranteed by the U.S.