Sei Investments Co. Has $4.37 Million Holdings in MFA Financial, Inc. (MFA)
Sei Investments Co. raised its stake in shares of MFA Financial, Inc. (NYSE:MFA) by 33.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 498,715 shares of the real estate investment trust’s stock after acquiring an additional 125,707 shares during the quarter. Sei Investments Co. owned approximately 0.13% of MFA Financial worth $4,369,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of Montreal Can increased its stake in shares of MFA Financial by 58,380.2% in the second quarter. Bank of Montreal Can now owns 519,889 shares of the real estate investment trust’s stock valued at $4,361,000 after buying an additional 519,000 shares in the last quarter. Creative Planning increased its stake in shares of MFA Financial by 7.5% in the second quarter. Creative Planning now owns 34,803 shares of the real estate investment trust’s stock valued at $292,000 after buying an additional 2,440 shares in the last quarter. Parametrica Management Ltd acquired a new stake in shares of MFA Financial in the second quarter valued at $221,000. Public Employees Retirement Association of Colorado increased its stake 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 valued at $104,000 after buying an additional 678 shares in the last quarter. Finally, Great West Life Assurance Co. Can increased its stake in shares of MFA Financial by 23.9% in the second quarter. Great West Life Assurance Co. Can now owns 42,528 shares of the real estate investment trust’s stock valued at $357,000 after buying an additional 8,209 shares in the last quarter. 80.70% of the stock is owned by institutional investors.
Shares of MFA Financial, Inc. (MFA) traded down $0.07 during mid-day trading on Tuesday, reaching $8.07. The company had a trading volume of 1,073,800 shares, compared to its average volume of 2,163,814. The firm has a market capitalization of $3,231.12, a price-to-earnings ratio of 11.15 and a beta of 0.68. MFA Financial, Inc. has a 1 year low of $7.53 and a 1 year high of $8.90.
MFA Financial (NYSE:MFA) last announced its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.15 EPS for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.03). The firm had revenue of $55.86 million during the quarter, compared to analyst estimates of $71.13 million. MFA Financial had a return on equity of 9.33% and a net margin of 59.03%. MFA Financial’s revenue for the quarter was down 13.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.21 earnings per share. sell-side analysts anticipate that MFA Financial, Inc. will post 0.77 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 31st. Investors of record on Thursday, September 28th were given a $0.20 dividend. The ex-dividend date of this dividend was Wednesday, September 27th. This represents a $0.80 dividend on an annualized basis and a yield of 9.91%. MFA Financial’s payout ratio is 109.59%.
In other news, insider Ronald A. Freydberg acquired 20,000 shares of the stock in a transaction that occurred on Monday, November 6th. The stock was purchased at an average cost of $7.78 per share, for a total transaction of $155,600.00. Following the completion of the transaction, the insider now directly owns 579,714 shares in the company, valued at $4,510,174.92. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.92% of the stock is owned by company insiders.
A number of brokerages have recently weighed in on MFA. B. Riley restated a “neutral” rating on shares of MFA Financial in a research note on Friday, November 3rd. Royal Bank Of Canada reiterated a “buy” rating and issued a $9.00 price objective on shares of MFA Financial in a research report on Tuesday, November 7th. BidaskClub lowered MFA Financial from a “hold” rating to a “sell” rating in a research report on Saturday, October 28th. Zacks Investment Research lowered MFA Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, October 25th. Finally, JMP Securities lowered MFA Financial from an “outperform” rating to a “market perform” rating in a research report on Friday, October 20th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $9.08.
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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.
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