Ellington Financial LLC (EFC) : Raynor Geoffrey has sold out all of its stake in Ellington Financial LLC during the most recent quarter, according to the disclosure filed by the company on Aug 15, 2016 with the SEC. The investment management company has sold out 200,000 shares of Ellington Financial LLC which is valued at $3,552,000.
Other Hedge Funds, Including , Balyasny Asset Management sold out all of its stake in EFC during the most recent quarter. The investment firm sold 16,096 shares of EFC which is valued $285,865. Renaissance Technologies added EFC to its portfolio by purchasing 93,000 company shares during the most recent quarter which is valued at $1,651,680. Bessemer Group Inc sold out all of its stake in EFC during the most recent quarter. The investment firm sold 1,000 shares of EFC which is valued $17,760.Tower Research Capital (trc) boosted its stake in EFC in the latest quarter, The investment management firm added 1,208 additional shares and now holds a total of 1,413 shares of Ellington Financial LLC which is valued at $25,095.Acrospire Investment Management boosted its stake in EFC in the latest quarter, The investment management firm added 669 additional shares and now holds a total of 3,749 shares of Ellington Financial LLC which is valued at $65,458. Ellington Financial LLC makes up approx 0.05% of Acrospire Investment Management’s portfolio.
Ellington Financial LLC closed down -0.06 points or -0.35% at $17.16 with 53,250 shares getting traded on Thursday. Post opening the session at $17.23, the shares hit an intraday low of $17.01 and an intraday high of $17.25 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Ellington Financial LLC reported $0.15 EPS for the quarter, missing the analyst consensus estimate by $ -0.23 based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus of $0.38.Analysts expectations of $ 24.49.During the same quarter in the previous year, the company posted $0.39 EPS.
Ellington Financial LLC is a specialty finance Company that acquires and manages mortgage-related and other financial assets. The Company’s focused assets include residential mortgage-backed securities (RMBS) backed by prime jumbo Alternative A-paper (Alt-A) manufactured housing and subprime residential mortgage loans collectively referred to as non-Agency RMBS; RMBS for which the principal and interest payments are guaranteed by a United States government agency or a United States government-sponsored entity (Agency RMBS); residential mortgage loans; mortgage servicing rights (MSRs); mortgage-related derivatives; commercial mortgage-backed securities (CMBS) commercial mortgage loans and other commercial real estate debt; collateralized loan obligations (CLOs); consumer loans and asset-backed securities (ABS) backed by consumer and commercial assets and corporate debt and equity securities and derivatives.