Arlington Asset Investment Corp (NYSE:AI) was upgraded by equities research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a report released on Saturday.

Several other analysts also recently weighed in on the company. Zacks Investment Research upgraded Arlington Asset Investment Corp from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a research note on Monday, May 1st. Maxim Group restated a “buy” rating and set a $14.00 target price (down from $16.00) on shares of Arlington Asset Investment Corp in a research note on Monday, July 24th. Singular Research initiated coverage on Arlington Asset Investment Corp in a research note on Tuesday, August 1st. They set a “buy” rating and a $14.25 target price for the company. Finally, ValuEngine downgraded Arlington Asset Investment Corp from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $15.15.

Arlington Asset Investment Corp (NYSE:AI) last announced its earnings results on Monday, July 24th. The financial services provider reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.60 by $0.02. The business had revenue of $18.93 million for the quarter, compared to analyst estimates of $20.28 million. Arlington Asset Investment Corp had a negative net margin of 33.84% and a negative return on equity of 10.14%.

COPYRIGHT VIOLATION NOTICE: “Arlington Asset Investment Corp (AI) Stock Rating Upgraded by BidaskClub” was first posted by Daily Political and is owned by of Daily Political. If you are accessing this news story on another website, it was illegally copied and republished in violation of US and international copyright legislation. The correct version of this news story can be viewed at https://www.dailypolitical.com/2017/08/07/arlington-asset-investment-corp-ai-stock-rating-upgraded-by-bidaskclub.html.

Several hedge funds have recently made changes to their positions in AI. PVG Asset Management Corp acquired a new stake in shares of Arlington Asset Investment Corp during the first quarter valued at $3,901,000. Rational Advisors LLC purchased a new position in Arlington Asset Investment Corp during the first quarter worth approximately $1,940,000. Vanguard Group Inc. increased its position in Arlington Asset Investment Corp by 12.1% in the first quarter. Vanguard Group Inc. now owns 1,093,596 shares of the financial services provider’s stock worth $15,453,000 after buying an additional 118,288 shares during the period. Norges Bank purchased a new position in Arlington Asset Investment Corp during the fourth quarter worth approximately $888,000. Finally, Parametric Portfolio Associates LLC increased its position in Arlington Asset Investment Corp by 116.5% in the first quarter. Parametric Portfolio Associates LLC now owns 109,984 shares of the financial services provider’s stock worth $1,554,000 after buying an additional 59,175 shares during the period. Institutional investors own 42.70% of the company’s stock.

About Arlington Asset Investment Corp

Arlington Asset Investment Corp. is an investment company. The Company focuses on acquiring and holding a levered portfolio of residential mortgage-backed securities (MBS), consisting of agency MBS and private-label MBS. Agency MBS include residential mortgage pass-through certificates for which the principal and interest payments are guaranteed by a United States Government agency or government-sponsored enterprise (GSE), such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac).

Receive News & Ratings for Arlington Asset Investment Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arlington Asset Investment Corp and related companies with MarketBeat.com's FREE daily email newsletter.