TrueMark Investments LLC Makes New $840,000 Investment in Ellington Financial Inc. $EFC

TrueMark Investments LLC purchased a new stake in shares of Ellington Financial Inc. (NYSE:EFC) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 61,883 shares of the financial services provider’s stock, valued at approximately $840,000. TrueMark Investments LLC owned 0.06% of Ellington Financial as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Dana Investment Advisors Inc. acquired a new position in Ellington Financial during the 3rd quarter valued at about $4,997,000. Vanguard Group Inc. lifted its stake in shares of Ellington Financial by 7.2% in the 3rd quarter. Vanguard Group Inc. now owns 6,653,590 shares of the financial services provider’s stock worth $86,364,000 after acquiring an additional 449,074 shares during the period. Voya Investment Management LLC lifted its stake in shares of Ellington Financial by 143.6% in the 3rd quarter. Voya Investment Management LLC now owns 95,368 shares of the financial services provider’s stock worth $1,238,000 after acquiring an additional 56,213 shares during the period. Quantbot Technologies LP boosted its holdings in shares of Ellington Financial by 442.7% in the third quarter. Quantbot Technologies LP now owns 57,496 shares of the financial services provider’s stock valued at $746,000 after acquiring an additional 46,902 shares in the last quarter. Finally, Savvy Advisors Inc. acquired a new position in shares of Ellington Financial during the third quarter valued at approximately $556,000. 55.62% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

EFC has been the topic of several recent analyst reports. Wall Street Zen cut Ellington Financial from a “hold” rating to a “sell” rating in a report on Saturday, March 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ellington Financial in a research note on Wednesday, January 21st. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $14.56.

Ellington Financial Price Performance

Shares of Ellington Financial stock opened at $11.58 on Monday. Ellington Financial Inc. has a 52 week low of $11.12 and a 52 week high of $14.12. The company has a current ratio of 47.25, a quick ratio of 47.25 and a debt-to-equity ratio of 11.02. The stock has a market cap of $1.44 billion, a PE ratio of 9.41 and a beta of 0.95. The company’s 50-day moving average price is $12.57 and its two-hundred day moving average price is $13.21.

Ellington Financial (NYSE:EFC) last posted its quarterly earnings data on Wednesday, February 25th. The financial services provider reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.03. The company had revenue of $96.44 million during the quarter, compared to analyst estimates of $132.07 million. Ellington Financial had a net margin of 53.10% and a return on equity of 14.62%. As a group, sell-side analysts anticipate that Ellington Financial Inc. will post 1.38 EPS for the current fiscal year.

Ellington Financial Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st will be given a $0.13 dividend. The ex-dividend date is Tuesday, March 31st. This represents a c) annualized dividend and a yield of 13.5%. Ellington Financial’s payout ratio is 126.83%.

About Ellington Financial

Ellington Financial, Inc (NYSE: EFC) is a mortgage real estate investment trust (REIT) that focuses on generating attractive risk-adjusted returns through investments in residential and commercial mortgage-related assets. Established in 2013, the company is externally managed by Ellington Financial Management, L.P., a subsidiary of Ellington Management Group, an alternative asset management firm. EFC’s core strategy centers on actively acquiring and managing agency and non-agency residential mortgage-backed securities (MBS), mortgage servicing rights, residential whole loans, and other structured finance instruments, including asset-backed securities and commercial mortgage-backed securities (CMBS).

The company employs leverage and structured financing tools—such as repurchase agreements and secured credit facilities—to enhance portfolio yield while maintaining focus on risk mitigation.