Cannell Peter B & Co. Inc. decreased its position in MFA Financial, Inc. (NYSE:MFA) by 18.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 895,100 shares of the real estate investment trust’s stock after selling 204,700 shares during the period. Cannell Peter B & Co. Inc. owned about 0.23% of MFA Financial worth $7,510,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of MFA. Public Employees Retirement Association of Colorado boosted its stake in MFA Financial by 5.8% in the second quarter. Public Employees Retirement Association of Colorado now owns 12,407 shares of the real estate investment trust’s stock worth $104,000 after buying an additional 678 shares during the last quarter. Chicago Equity Partners LLC acquired a new stake in MFA Financial during the first quarter worth approximately $105,000. World Asset Management Inc boosted its stake in MFA Financial by 0.7% in the first quarter. World Asset Management Inc now owns 13,255 shares of the real estate investment trust’s stock worth $107,000 after buying an additional 90 shares during the last quarter. Koch Industries Inc. acquired a new stake in MFA Financial during the first quarter worth approximately $109,000. Finally, Meadow Creek Investment Management LLC boosted its stake in MFA Financial by 10.3% in the first quarter. Meadow Creek Investment Management LLC now owns 13,552 shares of the real estate investment trust’s stock worth $110,000 after buying an additional 1,260 shares during the last quarter. 80.10% of the stock is currently owned by hedge funds and other institutional investors.

Shares of MFA Financial, Inc. (NYSE:MFA) opened at 8.80 on Friday. MFA Financial, Inc. has a 52 week low of $7.03 and a 52 week high of $8.90. The company has a market capitalization of $3.49 billion, a PE ratio of 11.10 and a beta of 0.71. The company has a 50-day moving average price of $8.69 and a 200-day moving average price of $8.34.

MFA Financial (NYSE:MFA) last announced its earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.02. The business had revenue of $61.14 million for the quarter, compared to analysts’ expectations of $68.91 million. MFA Financial had a return on equity of 10.12% and a net margin of 61.94%. The business’s revenue for the quarter was down 8.5% on a year-over-year basis. During the same period last year, the firm posted $0.20 earnings per share. Analysts predict that MFA Financial, Inc. will post $0.77 earnings per share for the current year.

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A number of equities research analysts have recently commented on MFA shares. Royal Bank Of Canada reiterated a “buy” rating and set a $9.00 target price on shares of MFA Financial in a research note on Monday, May 15th. Wells Fargo & Company upgraded MFA Financial from an “underperform” rating to a “market perform” rating in a research note on Monday, May 15th. Zacks Investment Research cut MFA Financial from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. BidaskClub upgraded MFA Financial from a “hold” rating to a “buy” rating in a research note on Tuesday, June 13th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $8.00 target price on shares of MFA Financial in a research note on Wednesday, June 7th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $8.29.

MFA Financial Company Profile

MFA Financial, Inc is engaged in the real estate finance business. The Company’s subsidiaries invest in residential mortgage assets, including Non-Agency mortgage-backed securities (MBS), Agency MBS, residential whole loans and credit risk transfer (CRT) securities. The Company’s Non-Agency MBS portfolio primarily consists of Legacy Non-Agency MBS and 3 Year Step-up securities.

Institutional Ownership by Quarter for MFA Financial (NYSE:MFA)

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