Merriman Wealth Management Has Trimmed Ellington Financial (EFC) Position By $966,144; Acxiom (ACXM)’s Sentiment Is 1.44

December 7, 2017 - By Michael Collier

Acxiom Corporation operates as a technology and enablement services firm in the United States, Europe, the Asia-Pacific, and internationally. The company has market cap of $2.17 billion. The firm operates through three divisions: Connectivity, Audience Solutions, and Marketing Services. It currently has negative earnings. The Connectivity segment provides a foundational identity resolution layer, which enables its clients to identify and reach clients across channels and measure the impact of marketing on sales.

Merriman Wealth Management Llc decreased Ellington Financial Llc (EFC) stake by 13.65% reported in 2017Q2 SEC filing. Merriman Wealth Management Llc sold 60,384 shares as Ellington Financial Llc (EFC)’s stock rose 5.48%. The Merriman Wealth Management Llc holds 382,066 shares with $6.19 million value, down from 442,450 last quarter. Ellington Financial Llc now has $479.10 million valuation. The stock increased 0.05% or $0.01 during the last trading session, reaching $14.92. About 62,346 shares traded. Ellington Financial LLC (NYSE:EFC) has declined 3.64% since December 7, 2016 and is downtrending. It has underperformed by 20.34% the S&P500.

Investors sentiment is 1.64 in Q2 2017. Its the same as in 2017Q1. It is the same, as 2 investors sold EFC 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. Wellington Management Limited Liability Partnership reported 3.50 million shares. Ontario – Canada-based Manufacturers Life Ins The has invested 0% in Ellington Financial LLC (NYSE:EFC). Bb&T Securities reported 47,142 shares stake. Renaissance Limited Liability Corp reported 0% stake. Raymond James And Assocs reported 13,909 shares. United Kingdom-based Gsa Cap Ltd Liability Partnership has invested 0.06% in Ellington Financial LLC (NYSE:EFC). Creative Planning reported 0% stake. Edge Wealth Mngmt Ltd Co accumulated 32,500 shares. Glob X Mngmt Ltd Liability Company reported 498,022 shares or 0.25% of all its holdings. Moreover, Bancorp Of America Corporation De has 0% invested in Ellington Financial LLC (NYSE:EFC). Arrowstreet Cap Ltd Partnership has invested 0% in Ellington Financial LLC (NYSE:EFC). Glob Endowment Mngmt Lp reported 30,000 shares. Citigroup Inc reported 477,975 shares stake. Northern Corp holds 11,744 shares or 0% of its portfolio. Deutsche Comml Bank Ag holds 0% or 262,700 shares in its portfolio.

Among 7 analysts covering Ellington Financial (NYSE:EFC), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Ellington Financial had 19 analyst reports since August 10, 2015 according to SRatingsIntel. As per Thursday, February 18, the company rating was maintained by Maxim Group. Deutsche Bank maintained the stock with “Buy” rating in Monday, November 9 report. On Wednesday, December 6 the stock rating was initiated by Sandler O’Neill with “Buy”. The firm has “Hold” rating by Keefe Bruyette & Woods given on Sunday, November 12. The rating was maintained by Maxim Group on Thursday, August 13 with “Buy”. The stock has “Buy” rating by Maxim Group on Tuesday, July 11. B. Riley & Co downgraded Ellington Financial LLC (NYSE:EFC) on Wednesday, November 8 to “Neutral” rating. Maxim Group maintained the stock with “Buy” rating in Monday, August 10 report. Maxim Group maintained Ellington Financial LLC (NYSE:EFC) rating on Tuesday, October 11. Maxim Group has “Buy” rating and $20 target. Maxim Group maintained the shares of EFC in report on Tuesday, November 7 with “Buy” rating.

Analysts await Ellington Financial LLC (NYSE:EFC) to report earnings on February, 12. They expect $0.27 EPS, 0.00% or $0.00 from last year’s $0.27 per share. EFC’s profit will be $8.67M for 13.81 P/E if the $0.27 EPS becomes a reality. After $0.24 actual EPS reported by Ellington Financial LLC for the previous quarter, Wall Street now forecasts 12.50% EPS growth.

Merriman Wealth Management Llc increased General Electric Co (NYSE:GE) stake by 19,613 shares to 209,112 valued at $5.65M in 2017Q2. It also upped Occidental Pete Corp Del (NYSE:OXY) stake by 5,925 shares and now owns 62,745 shares. Ishares Inc was raised too.

Rgm Capital Llc holds 8.6% of its portfolio in Acxiom Corporation for 3.26 million shares. Ibis Capital Partners Llp owns 287,016 shares or 5.92% of their US portfolio. Moreover, Daruma Capital Management Llc has 2.72% invested in the company for 1.75 million shares. The California-based Falcon Point Capital Llc has invested 2.45% in the stock. Diker Management Llc, a New York-based fund reported 155,250 shares.

Ratings analysis reveals 67% of Acxiom’s analysts are positive. Out of 3 Wall Street analysts rating Acxiom, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $30.0 while the high is $36.0. The stock’s average target of $32.33 is 18.08% above today’s ($27.38) share price. ACXM was included in 3 notes of analysts from September 15, 2016. The company was downgraded on Friday, November 18 by First Analysis. The stock has “Buy” rating by Dougherty & Company on Friday, November 18. Cantor Fitzgerald initiated the shares of ACXM in report on Thursday, September 15 with “Buy” rating.

Analysts await Acxiom Corporation (NASDAQ:ACXM) to report earnings on January, 30. They expect $0.11 earnings per share, down 31.25% or $0.05 from last year’s $0.16 per share. ACXM’s profit will be $8.71 million for 62.23 P/E if the $0.11 EPS becomes a reality. After $0.02 actual earnings per share reported by Acxiom Corporation for the previous quarter, Wall Street now forecasts 450.00% EPS growth.

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