Los Angeles Capital Management & Equity Research Inc. lifted its stake in shares of MFA Financial, Inc. (NYSE:MFA) by 3.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,036,817 shares of the real estate investment trust’s stock after purchasing an additional 75,816 shares during the quarter. Los Angeles Capital Management & Equity Research Inc. owned about 0.51% of MFA Financial worth $17,089,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Public Employees Retirement Association of Colorado raised its position 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 worth $104,000 after purchasing an additional 678 shares during the period. Chicago Equity Partners LLC acquired a new stake in shares of MFA Financial during the 1st quarter worth approximately $105,000. World Asset Management Inc raised its position 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 worth $107,000 after purchasing an additional 90 shares during the period. Koch Industries Inc. acquired a new stake in shares of MFA Financial during the 1st quarter worth approximately $109,000. Finally, Meadow Creek Investment Management LLC raised its position in shares of MFA Financial by 10.3% during the 1st quarter. Meadow Creek Investment Management LLC now owns 13,552 shares of the real estate investment trust’s stock worth $110,000 after purchasing an additional 1,260 shares during the period. Institutional investors and hedge funds own 80.10% of the company’s stock.

MFA has been the topic of a number of research reports. Royal Bank Of Canada reiterated a “buy” rating and set a $9.00 price target on shares of MFA Financial in a research report on Monday, May 15th. Zacks Investment Research cut MFA Financial from a “hold” rating to a “sell” rating in a research report on Thursday, July 6th. Wells Fargo & Company upgraded MFA Financial from an “underperform” rating to a “market perform” rating in a research report on Monday, May 15th. BidaskClub upgraded MFA Financial from a “buy” rating to a “strong-buy” rating in a research report on Monday, June 19th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $8.00 price target on shares of MFA Financial in a research report on Wednesday, June 7th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $8.45.

MFA Financial, Inc. (NYSE:MFA) opened at 8.63 on Friday. The company has a market capitalization of $3.42 billion, a price-to-earnings ratio of 10.88 and a beta of 0.71. MFA Financial, Inc. has a one year low of $7.03 and a one year high of $8.90. The company has a 50-day moving average price of $8.71 and a 200-day moving average price of $8.35.

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. MFA Financial had a net margin of 61.94% and a return on equity of 10.12%. The company had revenue of $61.14 million during the quarter, compared to analysts’ expectations of $68.91 million. During the same quarter in the previous year, the company posted $0.20 earnings per share. MFA Financial’s quarterly revenue was down 8.5% compared to the same quarter last year. Equities research analysts anticipate that MFA Financial, Inc. will post $0.77 EPS for the current year.

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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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