MFA Financial, Inc. (MFA) Shares Bought by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership grew its position in shares of MFA Financial, Inc. (NYSE:MFA) by 26.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,320,780 shares of the real estate investment trust’s stock after buying an additional 1,102,099 shares during the quarter. Arrowstreet Capital Limited Partnership owned 1.34% of MFA Financial worth $44,641,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MFA. Public Employees Retirement Association of Colorado lifted its holdings in shares of MFA Financial by 5.8% during the 2nd 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 during the period. World Asset Management Inc lifted its holdings in shares of MFA Financial by 0.7% during the 1st 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 during the period. Koch Industries Inc. bought a new position in shares of MFA Financial during the 1st quarter valued at $109,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of MFA Financial by 18.1% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,336 shares of the real estate investment trust’s stock valued at $116,000 after buying an additional 2,198 shares during the period. Finally, Franklin Resources Inc. bought a new position in shares of MFA Financial during the 2nd quarter valued at $116,000. 80.10% of the stock is currently owned by hedge funds and other institutional investors.

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MFA Financial, Inc. (NYSE MFA) traded up 0.81% during midday trading on Monday, hitting $8.72. The stock had a trading volume of 298,959 shares. The firm has a market capitalization of $3.46 billion, a P/E ratio of 11.00 and a beta of 0.71. MFA Financial, Inc. has a 52-week low of $7.03 and a 52-week high of $8.90. The firm has a 50-day moving average of $8.76 and a 200 day moving average of $8.46.

MFA Financial (NYSE:MFA) last posted its earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. The company had revenue of $61.14 million during the quarter, compared to the consensus estimate of $68.91 million. MFA Financial had a net margin of 61.94% and a return on equity of 10.12%. The firm’s quarterly revenue was down 8.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.20 earnings per share. On average, equities analysts forecast that MFA Financial, Inc. will post $0.77 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 31st. Investors of record on Thursday, September 28th will be given a dividend of $0.20 per share. The ex-dividend date is Wednesday, September 27th. This represents a $0.80 dividend on an annualized basis and a yield of 9.25%. MFA Financial’s dividend payout ratio is presently 102.56%.

Several equities analysts have recently weighed in on MFA shares. BidaskClub raised MFA Financial from a “hold” rating to a “buy” rating in a report on Tuesday, June 13th. Zacks Investment Research cut MFA Financial from a “hold” rating to a “sell” rating in a report on Thursday, July 6th. Royal Bank Of Canada reissued a “buy” rating and set a $9.00 price target on shares of MFA Financial in a report on Friday, August 4th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $8.50 price objective on shares of MFA Financial in a research note on Friday, August 4th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $8.81.

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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