Private Advisor Group LLC lowered its stake in MFA Financial Inc. (NYSE:MFA ) by 3.5% during the second quarter, Holdings Channel reports. The institutional investor owned 60,517 shares of the company’s stock after selling 2,174 shares during the period. Private Advisor Group LLC’s holdings in MFA Financial were worth $448,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in MFA . State Street Corp raised its position in MFA Financial by 0.6% in the first quarter. State Street Corp now owns 6,160,701 shares of the company’s stock valued at $42,201,000 after buying an additional 36,873 shares in the last quarter. Geode Capital Management LLC raised its position in MFA Financial by 6.5% in the first quarter. Geode Capital Management LLC now owns 4,857,496 shares of the company’s stock valued at $33,273,000 after buying an additional 298,341 shares in the last quarter. Commonwealth Equity Services Inc raised its position in MFA Financial by 1.6% in the second quarter. Commonwealth Equity Services Inc now owns 28,629 shares of the company’s stock valued at $208,000 after buying an additional 456 shares in the last quarter. BlackRock Inc. raised its position in MFA Financial by 339.5% in the first quarter. BlackRock Inc. now owns 52,470 shares of the company’s stock valued at $359,000 after buying an additional 40,532 shares in the last quarter. Finally, Suntrust Banks Inc. raised its position in MFA Financial by 6.0% in the second quarter. Suntrust Banks Inc. now owns 62,600 shares of the company’s stock valued at $454,000 after buying an additional 3,567 shares in the last quarter. Institutional investors and hedge funds own 85.51% of the company’s stock.

Shares of MFA Financial Inc. (NYSE:MFA ) traded up 1.007% during midday trading on Monday, reaching $7.525. 421,816 shares of the company’s stock were exchanged. The firm has a 50-day moving average of $7.68 and a 200-day moving average of $7.20. The company has a market capitalization of $2.79 billion, a PE ratio of 9.549 and a beta of 0.53. MFA Financial Inc. has a 1-year low of $5.61 and a 1-year high of $7.86.

MFA Financial (NYSE:MFA ) last issued its quarterly earnings data on Wednesday, August 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.01. The company earned $66.80 million during the quarter, compared to analysts’ expectations of $74.09 million. MFA Financial had a return on equity of 10.48% and a net margin of 63.80%. The business’s revenue was down 17.6% on a year-over-year basis. During the same period last year, the business earned $0.20 earnings per share. Equities analysts expect that MFA Financial Inc. will post $0.77 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 31st. Shareholders of record on Wednesday, September 28th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, September 26th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 10.74%. MFA Financial’s payout ratio is presently 101.27%.

A number of equities analysts recently issued reports on MFA shares. Credit Suisse Group AG reiterated a “hold” rating and issued a $7.50 target price on shares of MFA Financial in a research report on Sunday, September 11th. FBR & Co lowered shares of MFA Financial from an “outperform” rating to a “market perform” rating and set a $7.50 target price for the company. in a research report on Tuesday, September 6th. Deutsche Bank AG set a $7.50 target price on shares of MFA Financial and gave the company a “hold” rating in a research report on Tuesday, August 9th. Zacks Investment Research upgraded shares of MFA Financial from a “hold” rating to a “buy” rating and set a $8.50 target price for the company in a research report on Thursday, August 4th. Finally, Compass Point lowered shares of MFA Financial from a “neutral” rating to a “sell” rating and set a $7.00 target price for the company. 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 assigned a buy rating to the stock. MFA Financial presently has a consensus rating of “Hold” and an average target price of $7.60.

MFA Financial Company Profile

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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