EMG Holdings L.P. Has $9.76 Million Holdings in MFA Financial, Inc. $MFA

EMG Holdings L.P. boosted its holdings in MFA Financial, Inc. (NYSE:MFA) by 8.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,062,035 shares of the real estate investment trust’s stock after purchasing an additional 82,066 shares during the quarter. MFA Financial makes up about 3.7% of EMG Holdings L.P.’s investment portfolio, making the stock its 4th largest holding. EMG Holdings L.P. owned about 1.04% of MFA Financial worth $9,760,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Balyasny Asset Management L.P. lifted its position in shares of MFA Financial by 53.1% in the 2nd quarter. Balyasny Asset Management L.P. now owns 2,820,393 shares of the real estate investment trust’s stock worth $26,681,000 after buying an additional 977,820 shares during the last quarter. Geode Capital Management LLC grew its position in shares of MFA Financial by 2.3% during the 2nd quarter. Geode Capital Management LLC now owns 2,489,686 shares of the real estate investment trust’s stock valued at $23,555,000 after buying an additional 54,944 shares during the last quarter. Invesco Ltd. raised its stake in MFA Financial by 9.2% during the second quarter. Invesco Ltd. now owns 1,647,612 shares of the real estate investment trust’s stock worth $15,586,000 after acquiring an additional 139,156 shares during the period. Wolverine Asset Management LLC raised its stake in MFA Financial by 57.5% during the third quarter. Wolverine Asset Management LLC now owns 1,513,503 shares of the real estate investment trust’s stock worth $13,909,000 after acquiring an additional 552,517 shares during the period. Finally, Citigroup Inc. lifted its holdings in MFA Financial by 440.1% in the third quarter. Citigroup Inc. now owns 1,345,561 shares of the real estate investment trust’s stock worth $12,366,000 after acquiring an additional 1,096,443 shares during the last quarter. 65.28% of the stock is owned by institutional investors and hedge funds.

MFA Financial Stock Down 1.3%

Shares of NYSE:MFA opened at $9.83 on Friday. The company’s 50-day moving average price is $9.90 and its 200 day moving average price is $9.64. The company has a market cap of $1.00 billion, a PE ratio of 7.62 and a beta of 1.57. MFA Financial, Inc. has a fifty-two week low of $7.85 and a fifty-two week high of $11.08.

MFA Financial (NYSE:MFA) last posted its earnings results on Wednesday, February 18th. The real estate investment trust reported $0.27 EPS for the quarter, hitting the consensus estimate of $0.27. The firm had revenue of $88.72 million during the quarter, compared to analysts’ expectations of $60.56 million. MFA Financial had a net margin of 23.73% and a return on equity of 6.67%. During the same quarter in the prior year, the firm earned $0.39 EPS. As a group, equities analysts anticipate that MFA Financial, Inc. will post 1.5 EPS for the current year.

MFA Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, March 31st will be issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 14.6%. The ex-dividend date of this dividend is Tuesday, March 31st. MFA Financial’s dividend payout ratio is 111.63%.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. UBS Group decreased their target price on MFA Financial from $10.50 to $10.25 and set a “buy” rating for the company in a research note on Tuesday, November 18th. Royal Bank Of Canada raised their price target on MFA Financial from $10.00 to $11.00 and gave the stock a “sector perform” rating in a report on Thursday, March 5th. Keefe, Bruyette & Woods boosted their price objective on MFA Financial from $10.00 to $11.00 and gave the company a “market perform” rating in a research report on Friday, February 20th. Finally, Weiss Ratings upgraded MFA Financial from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, January 16th. Two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, MFA Financial currently has an average rating of “Hold” and a consensus target price of $10.81.

MFA Financial Company Profile

MFA Financial, Inc, headquartered in New York City, is a real estate investment trust that specializes in investing in residential mortgage loans and mortgage-related securities. The company’s primary objective is to generate attractive risk-adjusted returns through net interest income and capital appreciation. As a mortgage REIT, MFA Financial focuses on constructing a diversified portfolio of agency and non-agency residential mortgage assets, leveraging its expertise in acquiring, financing and servicing mortgage products.

MFA Financial’s investment portfolio encompasses a wide range of mortgage instruments, including adjustable-rate and fixed-rate mortgage loans, interest-only securities, and agency mortgage-backed securities guaranteed by government-sponsored entities.