Deutsche Bank Maintains Ellington Financial (NYSE:EFC) As a Buy; They Now Have a Target Of $17

November 21, 2017 - By Dolores Ford

 Deutsche Bank Maintains Ellington Financial (NYSE:EFC) As a Buy; They Now Have a Target Of $17

Investors sentiment is 1.64 in 2017 Q2. Its the same as in 2017Q1. It is without change, as 2 investors sold Ellington Financial LLC shares while 12 reduced holdings. only 11 funds opened positions while 12 raised stakes. 15.16 million shares or 2.53% less from 15.56 million shares in 2017Q1 were reported.

Edge Wealth Management Lc has invested 0.17% in Ellington Financial LLC (NYSE:EFC). 22,756 were accumulated by Susquehanna Grp Inc Ltd Liability Partnership. Northern Corp owns 11,744 shares. Wells Fargo And Mn invested in 17,383 shares. Cambridge Invest Rech Advisors has 0% invested in Ellington Financial LLC (NYSE:EFC). Reservoir Ltd Partnership accumulated 183,210 shares. Petrus Lta invested in 0.59% or 155,450 shares. Royal Bancshares Of Canada has invested 0% in Ellington Financial LLC (NYSE:EFC). Creative Planning accumulated 2,500 shares or 0% of the stock. Wellington Mngmt Group Inc Limited Liability Partnership owns 0.01% invested in Ellington Financial LLC (NYSE:EFC) for 3.50 million shares. Deutsche Fincl Bank Ag accumulated 0% or 262,700 shares. Greenwich Inv Mngmt has 1.5% invested in Ellington Financial LLC (NYSE:EFC) for 79,248 shares. Merriman Wealth Mgmt Llc invested in 1.73% or 382,066 shares. Glob Endowment Mngmt Ltd Partnership stated it has 0.07% of its portfolio in Ellington Financial LLC (NYSE:EFC). Crow Point Partners Limited Liability Company has 0.01% invested in Ellington Financial LLC (NYSE:EFC).

Ellington Financial (NYSE:EFC) Rating Reaffirmed

In a research report revealed on Wednesday, 8 November, The Buy rating of Ellington Financial (NYSE:EFC) shares was reconfirmed by Analysts at Deutsche Bank, who now has a $17 target price per share on the stock. Deutsche Bank’s target price per share would suggest a possible upside of 10.53 % from the close price of the company.

Investors sentiment is 1.64 in 2017 Q2. Its the same as in 2017Q1. It is without change, as 2 investors sold Ellington Financial LLC shares while 12 reduced holdings. only 11 funds opened positions while 12 raised stakes. 15.16 million shares or 2.53% less from 15.56 million shares in 2017Q1 were reported.

Edge Wealth Management Lc has invested 0.17% in Ellington Financial LLC (NYSE:EFC). 22,756 were accumulated by Susquehanna Grp Inc Ltd Liability Partnership. Northern Corp owns 11,744 shares. Wells Fargo And Mn invested in 17,383 shares. Cambridge Invest Rech Advisors has 0% invested in Ellington Financial LLC (NYSE:EFC). Reservoir Ltd Partnership accumulated 183,210 shares. Petrus Lta invested in 0.59% or 155,450 shares. Royal Bancshares Of Canada has invested 0% in Ellington Financial LLC (NYSE:EFC). Creative Planning accumulated 2,500 shares or 0% of the stock. Wellington Mngmt Group Inc Limited Liability Partnership owns 0.01% invested in Ellington Financial LLC (NYSE:EFC) for 3.50 million shares. Deutsche Fincl Bank Ag accumulated 0% or 262,700 shares. Greenwich Inv Mngmt has 1.5% invested in Ellington Financial LLC (NYSE:EFC) for 79,248 shares. Merriman Wealth Mgmt Llc invested in 1.73% or 382,066 shares. Glob Endowment Mngmt Ltd Partnership stated it has 0.07% of its portfolio in Ellington Financial LLC (NYSE:EFC). Crow Point Partners Limited Liability Company has 0.01% invested in Ellington Financial LLC (NYSE:EFC).

Ellington Financial LLC (NYSE:EFC) Ratings Coverage

Among 6 analysts covering Ellington Financial (NYSE:EFC), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Ellington Financial has $23.0 highest and $16.0 lowest target. $17.90’s average target is 16.38% above currents $15.38 stock price. Ellington Financial had 18 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was maintained by Maxim Group on Tuesday, November 7 with “Buy”. FBR Capital downgraded it to “Hold” rating and $16.0 target in Wednesday, November 8 report. The rating was maintained by Deutsche Bank with “Buy” on Monday, August 10. Maxim Group maintained the stock with “Buy” rating in Friday, August 4 report. On Monday, November 9 the stock rating was maintained by Deutsche Bank with “Buy”. Maxim Group maintained Ellington Financial LLC (NYSE:EFC) on Tuesday, October 11 with “Buy” rating. The firm has “Buy” rating given on Tuesday, July 11 by Maxim Group. The firm has “Buy” rating by Maxim Group given on Thursday, August 13. On Thursday, February 18 the stock rating was maintained by Maxim Group with “Buy”. The rating was maintained by Maxim Group with “Buy” on Monday, August 10.

About 18,577 shares traded. Ellington Financial LLC (NYSE:EFC) has declined 3.64% since November 21, 2016 and is downtrending. It has underperformed by 20.34% the S&P500.

Analysts expect Ellington Financial LLC (NYSE:EFC) to report $0.27 EPS on February, 12.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $0.27 EPS. EFC’s profit would be $8.61 million giving it 14.24 P/E if the $0.27 EPS is correct. After having $0.24 EPS previously, Ellington Financial LLC’s analysts see 12.50 % EPS growth.

Ellington Financial LLC is a specialty finance firm that acquires and manages mortgage-related and other financial assets. The company has market cap of $490.55 million.

More notable recent Ellington Financial LLC (NYSE:EFC) news were published by: Seekingalpha.com which released: “Another soft quarter for Ellington Financial” on November 07, 2017, also Businesswire.com with their article: “Ellington Financial LLC Reports Estimated Book Value Per Share as of October …” published on November 07, 2017, Businesswire.com published: “Ellington Financial LLC 2016 K-1 Tax Package Now Available” on March 24, 2017. More interesting news about Ellington Financial LLC (NYSE:EFC) were released by: Businesswire.com and their article: “Ellington Financial LLC Completes $141.2 Million Residential Mortgage Loan …” published on November 15, 2017 as well as Businesswire.com‘s news article titled: “Ellington Financial LLC Announces Release Date of Third Quarter 2017 Earnings …” with publication date: October 30, 2017.

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