Blackstone Group LP Boosted Ellington Residential Mtg Re (EARN) Position by $848,210 as Market Valuation Rose; Loral Space & Communicatns I (LORL) Stock Price Declined While Solus Alternative Asset Management LP Decreased Its Stake by $1.37 Million

June 12, 2018 - By Linda Rogers

Loral Space & Communications Inc. (NASDAQ:LORL) Logo

Blackstone Group Lp increased its stake in Ellington Residential Mtg Re (EARN) by 3.15% based on its latest 2018Q1 regulatory filing with the SEC. Blackstone Group Lp bought 84,821 shares as the company’s stock rose 3.59% while stock markets declined. The institutional investor held 2.77 million shares of the real estate investment trusts company at the end of 2018Q1, valued at $30.41 million, up from 2.69M at the end of the previous reported quarter. Blackstone Group Lp who had been investing in Ellington Residential Mtg Re for a number of months, seems to be bullish on the $145.05M market cap company. The stock decreased 0.17% or $0.02 during the last trading session, reaching $11.41. About 12,002 shares traded. Ellington Residential Mortgage REIT (NYSE:EARN) has declined 20.34% since June 12, 2017 and is downtrending. It has underperformed by 32.91% the S&P500. Some Historical EARN News: 03/05/2018 – Ellington Residential Mtg 1Q Loss/Shr 30c; 14/03/2018 – Football Rumors: WR Bruce Ellington Re-Signs With Texans; 20/03/2018 – Investor Expectations to Drive Momentum within Key Energy Services, XOMA, Goldman Sachs BDC, Echo Global Logistics, Ellington R; 07/03/2018 Ellington Residential Mortgage REIT Announces Dividend for the First Quarter of 2018; 07/05/2018 – GUANGDONG ELLINGTON ELECTRONICS TECHNOLOGY 603328.SS SAYS CONTROLLING SHAREHOLDER PLANS TO CUT UP TO 6.0 PCT STAKE IN THE COMPANY BETWEEN MAY 29 AND NOV 24; 19/04/2018 – DJ Ellington Residential Mortgage REIT, Inst Holders, 1Q 2018 (EARN); 24/05/2018 – Ellington Residential Mortgage REIT to Attend Upcoming Investor Conferences; 03/05/2018 – ELLINGTON RESIDENTIAL MORTGAGE REIT – BOOK VALUE PER SHARE DECREASED TO $13.90 AS OF MARCH 31, 2018, FROM $14.45 AS OF DECEMBER 31, 2017

Christopher Pucillo decreased its stake in Loral Space & Communicatns I (LORL) by 1.82% based on its latest 2018Q1 regulatory filing with the SEC. Solus Alternative Asset Management Lp sold 33,412 shares as the company’s stock declined 16.63% with the market. The hedge fund run by Christopher Pucillo held 1.81M shares of the technology company at the end of 2018Q1, valued at $75.23M, down from 1.84M at the end of the previous reported quarter. Solus Alternative Asset Management Lp who had been investing in Loral Space & Communicatns I for a number of months, seems to be less bullish one the $1.19B market cap company. It closed at $38.45 lastly. It is down 0.00% since June 12, 2017 and is . It has underperformed by 12.57% the S&P500.

Investors sentiment decreased to 0.69 in Q1 2018. Its down 0.76, from 1.45 in 2017Q4. It dropped, as 10 investors sold EARN shares while 22 reduced holdings. 9 funds opened positions while 13 raised stakes. 8.29 million shares or 7.36% less from 8.95 million shares in 2017Q4 were reported. Blackstone Grp Inc Inc LP has 0.15% invested in Ellington Residential Mortgage REIT (NYSE:EARN). 1,264 were accumulated by Legal And General Group Inc Plc. Thrivent Financial For Lutherans holds 105,813 shares or 0% of its portfolio. Strs Ohio invested in 0% or 2,400 shares. Deutsche Bancorp Ag stated it has 32,665 shares. Bnp Paribas Arbitrage stated it has 0% of its portfolio in Ellington Residential Mortgage REIT (NYSE:EARN). State Street holds 143,774 shares. Cambridge Investment Research Advsrs stated it has 0% of its portfolio in Ellington Residential Mortgage REIT (NYSE:EARN). Utd Automobile Association holds 0% of its portfolio in Ellington Residential Mortgage REIT (NYSE:EARN) for 36,300 shares. Bancorp Of Mellon Corporation invested 0% of its portfolio in Ellington Residential Mortgage REIT (NYSE:EARN). Parametric Port Associates Lc reported 47,937 shares. Point72 Asia (Hong Kong) invested 0% of its portfolio in Ellington Residential Mortgage REIT (NYSE:EARN). Cubist Systematic Strategies Ltd Co accumulated 23,063 shares or 0.01% of the stock. Goldman Sachs Inc invested 0% in Ellington Residential Mortgage REIT (NYSE:EARN). California Public Employees Retirement System reported 38,436 shares.

Among 2 analysts covering Ellington Residential Mtg (NYSE:EARN), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Ellington Residential Mtg had 4 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Ellington Residential Mortgage REIT (NYSE:EARN) has “Hold” rating given on Thursday, August 6 by Deutsche Bank. The stock of Ellington Residential Mortgage REIT (NYSE:EARN) earned “Hold” rating by Deutsche Bank on Wednesday, August 2. The stock of Ellington Residential Mortgage REIT (NYSE:EARN) has “Neutral” rating given on Monday, September 14 by Citigroup. The stock of Ellington Residential Mortgage REIT (NYSE:EARN) has “Neutral” rating given on Friday, August 12 by Citigroup.

Another recent and important Ellington Residential Mortgage REIT (NYSE:EARN) news was published by Globenewswire.com which published an article titled: “Market Trends Toward New Normal in BBX Capital, AmeriGas Partners, FBL Financial Group, Ellington Residential …” on May 18, 2018.

Since March 6, 2018, it had 11 insider buys, and 0 sales for $2.87 million activity. 15,000 shares were bought by Penn Laurence, worth $163,200. On Tuesday, May 22 SIMON RONALD I bought $43,037 worth of Ellington Residential Mortgage REIT (NYSE:EARN) or 3,761 shares.

Investors sentiment decreased to 0.6 in Q1 2018. Its down 0.40, from 1 in 2017Q4. It fall, as 10 investors sold LORL shares while 33 reduced holdings. 5 funds opened positions while 21 raised stakes. 20.18 million shares or 2.97% less from 20.80 million shares in 2017Q4 were reported. Fincl Bank Of America Corporation De has invested 0% in Loral Space & Communications Inc. (NASDAQ:LORL). Hudson Bay Capital Limited Partnership owns 80,576 shares for 0.07% of their portfolio. Parametric Port Associate Ltd Liability Corporation accumulated 38,419 shares or 0% of the stock. Tower Capital Limited Co (Trc) accumulated 1,254 shares or 0% of the stock. Manufacturers Life Insur The owns 9,811 shares. Moreover, Rhumbline Advisers has 0% invested in Loral Space & Communications Inc. (NASDAQ:LORL) for 13,335 shares. Bw Gestao De Investimentos Ltda invested in 0.07% or 13,766 shares. Goldman Sachs Group Incorporated has invested 0% in Loral Space & Communications Inc. (NASDAQ:LORL). American Grp Inc invested in 0% or 8,218 shares. Gotham Asset Mngmt Limited Company accumulated 8,749 shares. Horizon Kinetics holds 0.02% of its portfolio in Loral Space & Communications Inc. (NASDAQ:LORL) for 15,882 shares. Putnam Invs Limited Liability Corporation holds 0% in Loral Space & Communications Inc. (NASDAQ:LORL) or 46,314 shares. Moreover, New York State Common Retirement Fund has 0% invested in Loral Space & Communications Inc. (NASDAQ:LORL). Deutsche Bankshares Ag owns 0% invested in Loral Space & Communications Inc. (NASDAQ:LORL) for 14,718 shares. State Bank Of New York Mellon reported 109,760 shares.

Solus Alternative Asset Management Lp, which manages about $5.19 billion and $663.69M US Long portfolio, upped its stake in Visteon Corp (NYSE:VC) by 135,194 shares to 572,212 shares, valued at $63.08M in 2018Q1, according to the filing.

Ellington Residential Mortgage REIT (NYSE:EARN) Institutional Positions Chart

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