Advisors Asset Management Inc. trimmed its position in shares of MFA Financial, Inc. (NYSE:MFA) by 24.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 135,828 shares of the real estate investment trust’s stock after selling 44,921 shares during the period. Advisors Asset Management Inc.’s holdings in MFA Financial were worth $1,190,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Public Employees Retirement Association of Colorado lifted its stake in shares of MFA Financial by 5.8% in 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 acquiring an additional 678 shares during the period. Franklin Resources Inc. acquired a new stake in shares of MFA Financial in the 2nd quarter worth approximately $116,000. World Asset Management Inc lifted its stake in shares of MFA Financial by 7.9% in the 2nd quarter. World Asset Management Inc now owns 14,304 shares of the real estate investment trust’s stock worth $120,000 after acquiring an additional 1,049 shares during the period. Ffcm LLC lifted its stake in shares of MFA Financial by 144.2% in the 2nd quarter. Ffcm LLC now owns 15,133 shares of the real estate investment trust’s stock worth $129,000 after acquiring an additional 8,936 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of MFA Financial by 10.9% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,899 shares of the real estate investment trust’s stock worth $133,000 after acquiring an additional 1,563 shares during the period. 80.70% of the stock is owned by hedge funds and other institutional investors.

MFA Financial, Inc. (NYSE MFA) traded up $0.04 during midday trading on Friday, hitting $8.04. 3,273,867 shares of the company were exchanged, compared to its average volume of 2,171,113. MFA Financial, Inc. has a twelve month low of $7.53 and a twelve month high of $8.90. The company has a market cap of $3,190.00, a P/E ratio of 11.08 and a beta of 0.68.

MFA Financial (NYSE:MFA) last released its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.03). MFA Financial had a return on equity of 9.33% and a net margin of 59.03%. The business had revenue of $55.86 million during the quarter, compared to the consensus estimate of $71.13 million. During the same quarter in the previous year, the firm earned $0.21 earnings per share. The firm’s revenue for the quarter was down 13.5% compared to the same quarter last year. sell-side analysts predict that MFA Financial, Inc. will post 0.77 earnings per share for the current fiscal year.

In other MFA Financial news, insider Ronald A. Freydberg bought 20,000 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The shares were acquired at an average cost of $7.78 per share, for a total transaction of $155,600.00. Following the acquisition, the insider now directly owns 579,714 shares of the company’s stock, valued at $4,510,174.92. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. 0.92% of the stock is owned by insiders.

A number of brokerages have recently weighed in on MFA. BidaskClub raised shares of MFA Financial from a “hold” rating to a “buy” rating in a research note on Wednesday, September 27th. Zacks Investment Research raised shares of MFA Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, August 23rd. JMP Securities lowered shares of MFA Financial from an “outperform” rating to a “market perform” rating in a research note on Friday, October 20th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $8.50 price target on shares of MFA Financial in a research note on Friday, August 4th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and issued a $9.00 price target on shares of MFA Financial in a research note on Friday, August 4th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company’s stock. MFA Financial presently has an average rating of “Hold” and an average target price of $9.08.

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MFA Financial Company Profile

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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