Arlington Asset Investment Corp (AI) Shares Sold by Bard Associates Inc.

Bard Associates Inc. decreased its position in shares of Arlington Asset Investment Corp (NYSE:AI) by 0.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,639 shares of the financial services provider’s stock after selling 400 shares during the period. Bard Associates Inc. owned 0.27% of Arlington Asset Investment Corp worth $884,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AI. BlueCrest Capital Management Ltd acquired a new position in shares of Arlington Asset Investment Corp in the first quarter valued at approximately $147,000. Karp Capital Management Corp acquired a new position in shares of Arlington Asset Investment Corp in the first quarter valued at approximately $149,000. SG Americas Securities LLC acquired a new position in shares of Arlington Asset Investment Corp in the first quarter valued at approximately $179,000. KCG Holdings Inc. acquired a new position in shares of Arlington Asset Investment Corp in the first quarter valued at approximately $196,000. Finally, American International Group Inc. increased its holdings 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 purchasing an additional 937 shares during the period. 38.58% of the stock is currently owned by institutional investors.

A number of research firms have recently issued reports on AI. ValuEngine lowered Arlington Asset Investment Corp from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Zacks Investment Research raised Arlington Asset Investment Corp from a “strong sell” rating to a “hold” rating in a report on Monday, July 31st. Singular Research began coverage on Arlington Asset Investment Corp in a report on Tuesday, August 1st. They issued a “buy” rating and a $14.25 target price on the stock. BidaskClub raised Arlington Asset Investment Corp from a “strong sell” rating to a “sell” rating in a report on Saturday, August 5th. Finally, Maxim Group reissued a “buy” rating and issued a $14.00 target price (down previously from $16.00) on shares of Arlington Asset Investment Corp in a report on Monday, July 24th. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. Arlington Asset Investment Corp has an average rating of “Hold” and a consensus price target of $15.15.

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Shares of Arlington Asset Investment Corp (NYSE AI) opened at 12.99 on Tuesday. The stock’s market capitalization is $337.09 million. Arlington Asset Investment Corp has a 1-year low of $12.62 and a 1-year high of $17.13. The company has a 50 day moving average price of $12.98 and a 200-day moving average price of $13.93.

Arlington Asset Investment Corp (NYSE:AI) last posted its earnings results on Monday, July 24th. The financial services provider reported $0.58 EPS for the quarter, missing the consensus estimate of $0.60 by $0.02. Arlington Asset Investment Corp had a negative net margin of 33.84% and a negative return on equity of 10.44%. The business had revenue of $18.93 million during the quarter, compared to analyst estimates of $20.28 million. On average, equities research analysts forecast that Arlington Asset Investment Corp will post $2.31 EPS for the current fiscal year.

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).

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

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