Paradigm Asset Management Co. LLC lowered its stake in shares of MFA Financial, Inc. (NYSE:MFA) by 32.0% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 13,500 shares of the real estate investment trust’s stock after selling 6,350 shares during the period. Paradigm Asset Management Co. LLC’s holdings in MFA Financial were worth $113,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in MFA Financial by 5.3% in the first quarter. Vanguard Group Inc. now owns 29,874,948 shares of the real estate investment trust’s stock worth $241,389,000 after buying an additional 1,498,013 shares during the last quarter. BlackRock Inc. boosted its stake in MFA Financial by 13,441.2% in the first quarter. BlackRock Inc. now owns 23,434,017 shares of the real estate investment trust’s stock worth $189,346,000 after buying an additional 23,260,960 shares during the last quarter. Wellington Management Group LLP boosted its stake in MFA Financial by 1.5% in the first quarter. Wellington Management Group LLP now owns 12,719,160 shares of the real estate investment trust’s stock worth $102,772,000 after buying an additional 188,153 shares during the last quarter. Geode Capital Management LLC boosted its stake in MFA Financial by 3.3% in the first quarter. Geode Capital Management LLC now owns 5,932,340 shares of the real estate investment trust’s stock worth $47,933,000 after buying an additional 189,548 shares during the last quarter. Finally, Boston Partners boosted its stake in MFA Financial by 2.4% in the second quarter. Boston Partners now owns 5,101,870 shares of the real estate investment trust’s stock worth $42,805,000 after buying an additional 118,884 shares during the last quarter. 80.10% of the stock is owned by hedge funds and other institutional investors.

MFA Financial, Inc. (MFA) opened at 8.72 on Thursday. MFA Financial, Inc. has a 52 week low of $7.03 and a 52 week high of $8.90. The stock’s 50 day moving average price is $8.66 and its 200-day moving average price is $8.31. The company has a market cap of $3.46 billion, a price-to-earnings ratio of 11.00 and a beta of 0.72.

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

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MFA has been the subject of a number of recent analyst reports. Royal Bank Of Canada reaffirmed 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 “hold” rating to a “buy” rating in a research report on Tuesday, June 13th. Zacks Investment Research raised MFA Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $8.50 price objective on shares of MFA Financial in a research report on Friday, August 4th. Finally, Wells Fargo & Company raised MFA Financial from an “underperform” rating to a “market perform” rating in a research report on Monday, May 15th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. MFA Financial currently has a consensus rating of “Hold” and an average target price of $8.29.

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.

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

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