Caxton Associates LP Has $1.67 Million Stock Holdings in MFA Financial, Inc. (NYSE:MFA)

Caxton Associates LP trimmed its holdings in shares of MFA Financial, Inc. (NYSE:MFA) by 47.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 145,946 shares of the real estate investment trust’s stock after selling 130,718 shares during the quarter. Caxton Associates LP owned about 0.14% of MFA Financial worth $1,665,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Creekmur Asset Management LLC acquired a new position in MFA Financial during the fourth quarter worth $25,000. Mitsubishi UFJ Trust & Banking Corp grew its position in shares of MFA Financial by 82.7% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 2,658 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 1,203 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new stake in shares of MFA Financial in the first quarter valued at about $34,000. Carmichael Hill & Associates Inc. grew its position in shares of MFA Financial by 47.0% in the fourth quarter. Carmichael Hill & Associates Inc. now owns 6,816 shares of the real estate investment trust’s stock valued at $77,000 after purchasing an additional 2,180 shares during the last quarter. Finally, Quent Capital LLC grew its position in shares of MFA Financial by 17.7% in the first quarter. Quent Capital LLC now owns 10,031 shares of the real estate investment trust’s stock valued at $114,000 after purchasing an additional 1,509 shares during the last quarter. 65.28% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on MFA shares. JMP Securities reiterated a “market outperform” rating and issued a $12.50 target price on shares of MFA Financial in a research note on Friday, May 31st. StockNews.com cut shares of MFA Financial from a “buy” rating to a “hold” rating in a research note on Friday, July 12th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $12.00.

MFA Financial Stock Performance

Shares of MFA Financial stock traded up $0.15 on Tuesday, hitting $11.22. 406,550 shares of the company’s stock traded hands, compared to its average volume of 698,880. The firm’s 50-day moving average price is $10.87 and its two-hundred day moving average price is $10.98. MFA Financial, Inc. has a one year low of $8.41 and a one year high of $11.90.

MFA Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Friday, June 28th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 12.48%. The ex-dividend date of this dividend is Friday, June 28th. MFA Financial’s payout ratio is -1,749.78%.

MFA Financial Profile

MFA Financial, Inc, together with its subsidiaries, operates as a real estate investment trust in the United States. It invests in residential mortgage securities, including non-agency mortgage-backed securities, agency MBS, and credit risk transfer securities; residential whole loans, including purchased performing loans, purchased credit deteriorated, and non-performing loans; and mortgage servicing rights related assets.