Comerica Bank decreased its position in shares of MFA Financial, Inc. (NYSE:MFA) by 15.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 463,114 shares of the real estate investment trust’s stock after selling 84,481 shares during the period. Comerica Bank owned about 0.12% of MFA Financial worth $3,960,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in MFA. Public Employees Retirement Association of Colorado increased its position in shares of 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 period. Chicago Equity Partners LLC bought a new position in shares of MFA Financial during the first quarter worth about $105,000. World Asset Management Inc increased its position in shares of 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 period. Koch Industries Inc. bought a new position in shares of MFA Financial during the first quarter worth about $109,000. Finally, Meadow Creek Investment Management LLC increased its position in shares of 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 period. Institutional investors and hedge funds own 80.10% of the company’s stock.

MFA Financial, Inc. (MFA) opened at 8.67 on Wednesday. MFA Financial, Inc. has a 12-month low of $7.03 and a 12-month high of $8.90. The company has a 50-day moving average price of $8.66 and a 200-day moving average price of $8.31. The stock has a market capitalization of $3.44 billion, a PE ratio of 10.93 and a beta of 0.72.

MFA Financial (NYSE:MFA) last released its quarterly earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates 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 company’s revenue was down 8.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.20 EPS. Analysts expect that MFA Financial, Inc. will post $0.77 earnings per share for the current fiscal year.

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A number of brokerages recently issued reports on MFA. Zacks Investment Research upgraded MFA Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, August 23rd. Royal Bank Of Canada reiterated a “buy” rating and set a $9.00 price objective on shares of MFA Financial in a research note on Friday, May 5th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $8.50 price objective on shares of MFA Financial in a research note on Friday, August 4th. BidaskClub upgraded MFA Financial from a “buy” rating to a “strong-buy” rating in a research note on Monday, June 19th. Finally, Wells Fargo & Company upgraded MFA Financial from an “underperform” rating to a “market perform” rating in a research note on Monday, May 8th. Five equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $8.29.

About MFA Financial

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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