Parametric Portfolio Associates LLC grew its stake in shares of MFA Financial, Inc. (NYSE:MFA) by 2.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,320,087 shares of the real estate investment trust’s stock after acquiring an additional 55,824 shares during the period. Parametric Portfolio Associates LLC owned about 0.59% of MFA Financial worth $19,466,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of MFA. Public Employees Retirement Association of Colorado lifted 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 valued at $104,000 after acquiring an additional 678 shares during the period. World Asset Management Inc lifted 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 valued at $107,000 after acquiring an additional 90 shares during the period. Koch Industries Inc. acquired a new stake in shares of MFA Financial during the 1st quarter valued at approximately $109,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position 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 acquiring an additional 2,198 shares during the period. Finally, Franklin Resources Inc. acquired a new stake in shares of MFA Financial during the 2nd quarter valued at approximately $116,000. Institutional investors own 80.10% of the company’s stock.

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A number of research firms have recently issued reports on MFA. BidaskClub upgraded shares of MFA Financial from a “hold” rating to a “buy” rating in a research report on Wednesday, September 27th. Zacks Investment Research upgraded shares of MFA Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Keefe, Bruyette & Woods restated a “hold” rating and set a $8.50 price objective on shares of MFA Financial in a research report on Friday, August 4th. Finally, Royal Bank Of Canada restated a “buy” rating and set a $9.00 price objective on shares of MFA Financial in a research report on Friday, August 4th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. MFA Financial has an average rating of “Buy” and a consensus price target of $8.81.

MFA Financial, Inc. (NYSE:MFA) opened at 8.79 on Thursday. The firm has a market capitalization of $3.48 billion, a P/E ratio of 11.08 and a beta of 0.71. MFA Financial, Inc. has a 12 month low of $7.03 and a 12 month high of $8.90. The company’s 50 day moving average price is $8.77 and its 200 day moving average price is $8.46.

MFA Financial (NYSE:MFA) last issued its earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.20 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.02. The firm had revenue of $61.14 million during the quarter, compared to analysts’ expectations of $68.91 million. MFA Financial had a net margin of 61.94% and a return on equity of 10.12%. The firm’s revenue for the quarter was down 8.5% compared to the same quarter last year. During the same period last year, the firm posted $0.20 earnings per share. Analysts anticipate 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 issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 9.10%. The ex-dividend date is Wednesday, September 27th. MFA Financial’s payout ratio is 102.56%.

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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