UBS Group AG lowered its stake in shares of Arlington Asset Investment Corp (NYSE:AI) by 24.1% during the first quarter, Holdings Channel reports. The institutional investor owned 12,100 shares of the financial services provider’s stock after selling 3,842 shares during the period. UBS Group AG’s holdings in Arlington Asset Investment Corp were worth $171,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Karp Capital Management Corp bought a new stake in shares of Arlington Asset Investment Corp during the first quarter valued at about $149,000. SG Americas Securities LLC bought a new stake in shares of Arlington Asset Investment Corp during the first quarter valued at about $179,000. American International Group Inc. raised its stake in shares of Arlington Asset Investment Corp by 7.2% in the first quarter. American International Group Inc. now owns 13,906 shares of the financial services provider’s stock valued at $196,000 after buying an additional 937 shares during the period. Creative Planning raised its stake in shares of Arlington Asset Investment Corp by 29.3% in the first quarter. Creative Planning now owns 25,954 shares of the financial services provider’s stock valued at $367,000 after buying an additional 5,888 shares during the period. Finally, Trexquant Investment LP bought a new stake in shares of Arlington Asset Investment Corp during the first quarter valued at about $407,000. Institutional investors own 42.70% of the company’s stock.

Arlington Asset Investment Corp (NYSE AI) traded up 0.30% during trading on Wednesday, hitting $13.16. 77,235 shares of the stock traded hands. The stock’s market cap is $320.04 million. Arlington Asset Investment Corp has a 52-week low of $12.63 and a 52-week high of $17.13. The company’s 50 day moving average price is $13.78 and its 200-day moving average price is $14.31.

Arlington Asset Investment Corp (NYSE:AI) last issued its quarterly earnings data on Monday, July 24th. The financial services provider reported $0.58 EPS for the quarter, missing the Zacks’ consensus estimate of $0.60 by $0.02. The business had revenue of $18.93 million during 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 10.44%. Equities research analysts forecast that Arlington Asset Investment Corp will post $2.31 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Investors of record on Friday, June 30th were paid a $0.55 dividend. The ex-dividend date was Wednesday, June 28th. This represents a $2.20 dividend on an annualized basis and a yield of 16.77%. Arlington Asset Investment Corp’s payout ratio is -146.67%.

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Several analysts have recently issued reports on AI shares. Zacks Investment Research upgraded shares of Arlington Asset Investment Corp from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a research report on Monday, May 1st. Maxim Group reiterated a “buy” rating and issued a $14.00 target price (down previously from $16.00) on shares of Arlington Asset Investment Corp in a research report on Monday, July 24th. BidaskClub upgraded shares of Arlington Asset Investment Corp from a “strong sell” rating to a “sell” rating in a research report on Saturday. ValuEngine lowered shares of Arlington Asset Investment Corp from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Finally, Singular Research started coverage on shares of Arlington Asset Investment Corp in a research report on Tuesday, August 1st. They issued a “buy” rating and a $14.25 target price on the stock. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. Arlington Asset Investment Corp presently has a consensus rating of “Hold” and a consensus price target of $15.15.

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).

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Institutional Ownership by Quarter for Arlington Asset Investment Corp (NYSE:AI)

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