Ellington Financial LLC (EFC) Shareholder Merriman Wealth Management LLC Decreased Its Stake by $4.38 Million as Shares Rose

April 17, 2018 - By Sheila Anderson

Big Money Sentiment increased to 1.44 in Q4 2017. It has change of 0.80, from 2017Q3’s 0.64. The ratio improved due to EFC positioning: 5 sold and 11 reduced. 9 funds amassed positions and 14 increased positions. Investors holded 13.85 million in 2017Q3 but now own 13.48 million shares or 2.67% less. Wasatch Advsrs reported 15,300 shs. Renaissance Techs Ltd Company accumulated 218,564 shs. Ameriprise Fin accumulated 18,680 shs. Northern Corp reported 11,353 shs or 0% of all its holdings. Fmr Ltd Liability invested in 1.71M shs or 0% of the stock. Mutual Of America Cap Management Ltd Liability Co holds 0.1% or 455,306 shs. Wells Fargo Mn has 19,899 shs. Optimum Investment accumulated 0.08% or 17,626 shs. Bbr Prns Ltd has invested 2.18% in Ellington Financial LLC (NYSE:EFC). Deutsche Comml Bank Ag stated it has 218,624 shs or 0% of all its holdings. Arrowstreet Cap Partnership owns 267,328 shs for 0.01% of their capital. West Family Investments holds 489,584 shs or 1.82% of its capital. Hotchkis & Wiley Cap Management Ltd Liability Corporation, a California-based fund reported 78,831 shs. Citigroup has 553,078 shs for 0.01% of their capital. Stratos Wealth Prns Ltd holds 211 shs or 0% of its capital.

In Ellington Financial Llc (EFC) was reduced the holdings owned by Merriman Wealth Management Llc. The reduction is 96% according to 2017Q4 Securities and Exchange filling. The company’s stock rose 1.38% while stock markets declined as Merriman Wealth Management Llc sold 312,890 shares. At the end of 2017Q4, the institutional investor held 13,051 shares of the real estate company, priced at $189,000, down from 325,941 at the end of the previous reported quarter. Merriman Wealth Management Llc has risen its stake in and also increased its holding in by shares in the quarter, for a total of shares.

Analysts await Ellington Financial LLC (NYSE:EFC) to report earnings on May, 3. They expect $0.28 earnings per share, down 22.22 % or $0.08 from last year’s $0.36 per share. EFC’s profit will be $8.58 million for 13.21 P/E if the $0.28 EPS becomes a reality. After $0.22 actual earnings per share reported by Ellington Financial LLC for the previous quarter, Wall Street now forecasts 27.27 % EPS growth.

Ellington Financial LLC (NYSE:EFC) Ratings Coverage

Total analysts of 6 have positions in Ellington Financial (NYSE:EFC) as follows: 3 rated it a “Buy”, 0 with “Sell” and 3 with “Hold”. The positive are 50%. The firm has $19.0 highest while $16.0 is the lowest [Target]. The average target $17.10 is 15.62% above the last ($14.79) price. Since November 7, 2017 according to StockzIntelligence Inc Ellington Financial has 11 analyst reports. The company rating was downgraded by B. Riley & Co on Wednesday, November 8. On Thursday, February 15 the stock of Ellington Financial LLC (NYSE:EFC) has “Hold” rating given by FBR Capital. On Wednesday, February 14 Maxim Group maintained Ellington Financial LLC (NYSE:EFC) with “Buy” rating. On Tuesday, November 7 the firm has “Buy” rating by Maxim Group given. On Tuesday, January 9 the firm has “Buy” rating by Maxim Group given. On Sunday, November 12 Keefe Bruyette & Woods maintained Ellington Financial LLC (NYSE:EFC) with “Hold” rating. The company rating was initiated by Sandler O’Neill on Wednesday, December 6. On Wednesday, November 8 the company was downgraded by FBR Capital. On Wednesday, November 8 the firm has “Buy” rating by Deutsche Bank given. In Friday, February 16 report Keefe Bruyette & Woods maintained it with “Hold” rating and $16.5 target.

Ellington Financial LLC (NYSE:EFC) Institutional Investors Chart

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