Ellington Financial Inc. $EFC Shares Acquired by Bank of America Corp DE

Posted by Stanley Muller on Aug 27th, 2026

Bank of America Corp DE increased its holdings in Ellington Financial Inc. (NYSE:EFC – Free Report) by 234.3% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 537,199 shares of the financial services provider’s stock after purchasing an additional 376,528 shares during the quarter. Bank of America Corp DE’s holdings in Ellington Financial were worth $6,366,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in EFC. Sound Income Strategies LLC increased its holdings in Ellington Financial by 267.4% during the 1st quarter. Sound Income Strategies LLC now owns 2,208 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 1,607 shares in the last quarter. REAP Financial Group LLC purchased a new stake in shares of Ellington Financial in the fourth quarter valued at about $36,000. Danske Bank A S purchased a new stake in shares of Ellington Financial in the third quarter valued at about $44,000. Huntington National Bank grew its position in shares of Ellington Financial by 35.3% in the fourth quarter. Huntington National Bank now owns 4,136 shares of the financial services provider’s stock valued at $56,000 after purchasing an additional 1,078 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its position in shares of Ellington Financial by 227.6% in the second quarter. Tower Research Capital LLC TRC now owns 6,853 shares of the financial services provider’s stock valued at $89,000 after purchasing an additional 4,761 shares during the last quarter. 55.62% of the stock is owned by institutional investors and hedge funds.

Ellington Financial Trading Down 1.0%

Shares of EFC stock opened at $13.45 on Thursday. The firm’s 50-day simple moving average is $13.51 and its 200-day simple moving average is $13.04. The company has a debt-to-equity ratio of 10.39, a current ratio of 52.06 and a quick ratio of 52.06. Ellington Financial Inc. has a 1-year low of $11.27 and a 1-year high of $14.12. The firm has a market cap of $1.73 billion, a P/E ratio of 8.20 and a beta of 0.94.

Ellington Financial (NYSE:EFC – Get Free Report) last released its earnings results on Thursday, August 6th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.14. Ellington Financial had a net margin of 52.43% and a return on equity of 16.61%. The firm had revenue of $134.11 million during the quarter, compared to the consensus estimate of $114.59 million. As a group, equities analysts forecast that Ellington Financial Inc. will post 2.13 EPS for the current year.

Ellington Financial Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, August 31st will be paid a dividend of $0.13 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 11.6%. Ellington Financial’s payout ratio is currently 95.12%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on EFC shares. BTIG Research downgraded Ellington Financial from a “buy” rating to a “neutral” rating in a research report on Wednesday, June 17th. Wall Street Zen upgraded Ellington Financial from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Zacks Research downgraded Ellington Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. UBS Group boosted their price target on Ellington Financial from $14.00 to $14.50 and gave the stock a “neutral” rating in a report on Wednesday, August 19th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ellington Financial in a research note on Tuesday, August 11th. Four research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $14.50.

Get Our Latest Analysis on EFC

Ellington Financial Profile

(Free Report)

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.