MFA Financial, Inc. (MFA) Shares Bought by Janus Capital Management LLC
Janus Capital Management LLC increased its stake in shares of MFA Financial, Inc. (NYSE:MFA) by 182.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 430,300 shares of the real estate investment trust’s stock after buying an additional 277,700 shares during the period. Janus Capital Management LLC owned about 0.12% of MFA Financial worth $3,477,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Chicago Equity Partners LLC bought a new stake in shares of MFA Financial during the first quarter valued at about $105,000. World Asset Management Inc raised its stake in shares of 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 during the last quarter. Koch Industries Inc. bought a new stake in shares of MFA Financial during the first quarter valued at about $109,000. Meadow Creek Investment Management LLC raised its stake in shares of MFA Financial by 10.3% in the first quarter. Meadow Creek Investment Management LLC now owns 13,552 shares of the real estate investment trust’s stock valued at $110,000 after buying an additional 1,260 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of MFA Financial by 18.1% in the first 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 last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.
Shares of MFA Financial, Inc. (MFA) opened at 8.65 on Monday. MFA Financial, Inc. has a one year low of $7.03 and a one year high of $8.66. The company has a market capitalization of $3.23 billion, a price-to-earnings ratio of 10.85 and a beta of 0.72. The stock has a 50 day moving average of $8.35 and a 200-day moving average of $8.08.
MFA Financial (NYSE:MFA) last posted its earnings results on Thursday, May 4th. The real estate investment trust reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.01. The firm had revenue of $66.91 million during the quarter, compared to the consensus estimate of $65.97 million. MFA Financial had a return on equity of 10.36% and a net margin of 61.22%. The company’s quarterly revenue was down 4.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.20 EPS. On average, equities analysts expect that MFA Financial, Inc. will post $0.74 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, July 28th. Stockholders of record on Thursday, June 29th will be given a dividend of $0.20 per share. The ex-dividend date is Tuesday, June 27th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 9.25%. MFA Financial’s dividend payout ratio is currently 102.57%.
MFA has been the subject of several research analyst reports. BidaskClub upgraded shares of MFA Financial from a “hold” rating to a “buy” rating in a research report on Tuesday, June 13th. Royal Bank Of Canada reiterated a “buy” rating and set a $9.00 target price on shares of MFA Financial in a research report on Friday, May 5th. Zacks Investment Research upgraded shares of MFA Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, April 26th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $8.00 target price on shares of MFA Financial in a research report on Thursday, April 6th. Finally, Wells Fargo & Company upgraded shares of MFA Financial from an “underperform” rating to a “market perform” rating in a research report on Monday, May 15th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $8.11.
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.
Receive News & Stock Ratings for MFA Financial Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MFA Financial Inc. and related stocks with our FREE daily email newsletter.