West Family Investments Inc. reduced its stake in shares of MFA Financial, Inc. (NYSE:MFA) by 1.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,205,420 shares of the real estate investment trust’s stock after selling 12,880 shares during the period. MFA Financial makes up approximately 2.1% of West Family Investments Inc.’s investment portfolio, making the stock its 12th largest position. West Family Investments Inc.’s holdings in MFA Financial were worth $9,712,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. 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 valued at $107,000 after buying an additional 90 shares in the last quarter. Greenleaf Trust boosted its stake in MFA Financial by 0.4% in the first quarter. Greenleaf Trust now owns 30,812 shares of the real estate investment trust’s stock valued at $249,000 after buying an additional 121 shares in the last quarter. Suntrust Banks Inc. boosted its stake in MFA Financial by 0.4% in the first quarter. Suntrust Banks Inc. now owns 63,276 shares of the real estate investment trust’s stock valued at $510,000 after buying an additional 248 shares in the last quarter. 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 valued at $104,000 after buying an additional 678 shares in the last quarter. Finally, Nuveen Asset Management LLC boosted its stake in MFA Financial by 0.3% in the first quarter. Nuveen Asset Management LLC now owns 288,258 shares of the real estate investment trust’s stock valued at $2,329,000 after buying an additional 916 shares in the last quarter. 76.86% of the stock is owned by institutional investors.

MFA Financial, Inc. (NYSE MFA) opened at 8.86 on Wednesday. The company has a 50-day moving average price of $8.58 and a 200 day moving average price of $8.27. The company has a market capitalization of $3.51 billion, a PE ratio of 11.17 and a beta of 0.72. MFA Financial, Inc. has a 12 month low of $7.03 and a 12 month high of $8.90.

MFA Financial (NYSE:MFA) last released its earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. The firm had revenue of $61.14 million during the quarter, compared to the consensus estimate 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 period in the prior year, the company posted $0.20 EPS. On average, equities research analysts forecast that MFA Financial, Inc. will post $0.77 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, July 28th. Stockholders of record on Thursday, June 29th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, June 27th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 9.03%. MFA Financial’s payout ratio is 102.56%.

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Several research firms have recently weighed in on MFA. Royal Bank Of Canada reissued a “buy” rating and issued a $9.00 price objective on shares of MFA Financial in a research report on Friday, August 4th. BidaskClub raised MFA Financial from a “buy” rating to a “strong-buy” rating in a research report on Monday, June 19th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $8.00 price objective on shares of MFA Financial in a research report on Wednesday, June 7th. Zacks Investment Research cut MFA Financial from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Finally, Wells Fargo & Company raised MFA Financial from an “underperform” rating to a “market perform” rating in a research report on Monday, May 8th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price 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.

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

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