Parkwood LLC Sells 10,775 Shares of MFA Financial Inc. (MFA)
Parkwood LLC decreased its position in shares of MFA Financial Inc. (NYSE:MFA ) by 14.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 62,282 shares of the company’s stock after selling 10,775 shares during the period. Parkwood LLC’s holdings in MFA Financial were worth $453,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. BLB&B Advisors LLC raised its position in MFA Financial by 4.2% in the second quarter. BLB&B Advisors LLC now owns 24,695 shares of the company’s stock worth $180,000 after buying an additional 1,000 shares during the period. Ladenburg Thalmann Financial Services Inc. raised its stake in MFA Financial by 0.4% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 36,605 shares of the company’s stock worth $250,000 after buying an additional 150 shares during the last quarter. LPL Financial LLC raised its stake in MFA Financial by 3.4% in the first quarter. LPL Financial LLC now owns 37,328 shares of the company’s stock worth $255,000 after buying an additional 1,236 shares during the last quarter. Rafferty Asset Management LLC raised its stake in MFA Financial by 49.1% in the first quarter. Rafferty Asset Management LLC now owns 48,880 shares of the company’s stock worth $335,000 after buying an additional 16,104 shares during the last quarter. Finally, BlackRock Inc. raised its stake in MFA Financial by 339.5% in the first quarter. BlackRock Inc. now owns 52,470 shares of the company’s stock worth $359,000 after buying an additional 40,532 shares during the last quarter. 85.51% of the stock is owned by institutional investors.
Shares of MFA Financial Inc. (NYSE:MFA ) traded down 1.46% during midday trading on Friday, hitting $7.45. The stock had a trading volume of 3,256,238 shares. The firm has a 50 day moving average price of $7.68 and a 200-day moving average price of $7.20. The stock has a market cap of $2.76 billion, a PE ratio of 9.45 and a beta of 0.53. MFA Financial Inc. has a 52-week low of $5.61 and a 52-week high of $7.86.
MFA Financial (NYSE:MFA ) last released its earnings results on Wednesday, August 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.01. MFA Financial had a return on equity of 10.48% and a net margin of 63.80%. The firm had revenue of $66.80 million for the quarter, compared to the consensus estimate of $74.09 million. During the same period in the prior year, the firm earned $0.20 EPS. The firm’s revenue was down 17.6% on a year-over-year basis. Equities analysts predict that MFA Financial Inc. will post $0.77 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Monday, October 31st. Investors of record on Wednesday, September 28th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 10.74%. The ex-dividend date is Monday, September 26th. MFA Financial’s payout ratio is 101.27%.
A number of research firms have recently issued reports on MFA . Zacks Investment Research downgraded MFA Financial from a “buy” rating to a “hold” rating in a research note on Friday. Credit Suisse Group AG restated a “hold” rating and issued a $7.50 price target on shares of MFA Financial in a research note on Sunday, September 11th. FBR & Co downgraded MFA Financial from an “outperform” rating to a “market perform” rating and set a $7.50 target price on the stock. in a research report on Tuesday, September 6th. Deutsche Bank AG set a $7.50 target price on MFA Financial and gave the company a “hold” rating in a research report on Tuesday, August 9th. Finally, Compass Point downgraded MFA Financial from a “neutral” rating to a “sell” rating and set a $7.00 price objective on the stock. in a research report on Wednesday, June 15th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. MFA Financial has an average rating of “Hold” and an average target price of $7.60.
About MFA Financial
MFA Financial, Inc is a real estate investment trust (REIT). The Company operates as a holding company and conducts its real estate finance businesses through its subsidiaries. The Company’s segment is investing in residential mortgage assets. It invests in residential mortgage assets, including Agency mortgage backed securities (MBS), Non-Agency MBS, residential whole loans and CRT securities.
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